Loading ...To do a massive fleecing of the crypto crowd and run up the prices in order to eventually buy up all the real money – gold.
It makes me wonder, do we really think that these governments trading with each other are going trade cbdc’s without backing of something that sits in the physical realm? Gold, silver, oil or whatever?
Imagine the crypto zillionaires quietly using their Bitcoin to accumulate real assets, only to pull the plug when they have enough.
The other thing. I still see plenty of inventory for sale at my gold dealer of 1 oz. coins and bars. Pretty much nothing of bars 10 oz. and above. Does that mean that the public is still not participating and are net sellers? Has gold gotten unaffordable for regular folks? If that is the case, then the bulk of Bitcoin must be in very few hands of very wealthy folks. Who will be the first ones out the door?
Tether may be the smartest guys in the room at the moment.