Today I would like to share with you a very deep conversation with Felix Zulauf during his interview with Real Vision Finance. He is painting brilliantly the very dramatic big picture view on the main driving forces in our modern societies across the globe. This is one of the best macro presentations on the market forces and economic cycles which are moving the markets now.
Is Bitcoin already "Too Big To Fail"? Felix's belief over the years has been that Bitcoin will be banned by the governments, but now "maybe they have missed already that point" when it could be done "without a huge havoc". "Bitcoin will go to zero overnight in that case" and it will bring a shock to the financial system.
"As we have discussed with you, the major catalyst is coming for the Gold market. There is no Gold 2.0 and the realisation of this simple fact may bring the fireworks to the Gold market before Independence Day this year. Bitcoin is moving very fast from the "Deepfake Video Game" and "Mother of All Bubbles" status to the National Security Risk Threat.We have more and more clear warnings from all levels of the officials in the US now, so Bitcoin's future remains to be seen."
"Now Federal Reserve Chair, Secretary of Treasury, New York State Attorney General and CIA via Peter Thiel from Palantir - all are sending clear warnings about Bitcoin. Only Whales who need to sell their "Crypto Store of Wealth" in order to realise paper profits are preaching HODL to the heard. Be warned, Do Your Own Research and stay safe."
Judging by Barron's covers, extreme caution is warranted if you are playing this "Chinese Roulette". Do not dive into the empty Crypto pool, hedge accordingly with a position in Gold. Do not forget to take your profits before "Crypto Whales" will pull the plug again as they did in 2017.
At the top of the "Tulip Bubble Mania", you could buy a house in Amsterdam with one tulip bulb. Bitcoin became "Find The Greater Fool" at this stage. Can you find enough fools to sell them Bitcoin all the way up to 1,000,000? This remains to be seen. We are witnessing"The Madness of Crowds" in the MMT digital age of Deepfake Video Games- a socially engineered online experiment in behavioural finance. It is Artificial but does not count on Intelligence. Just never forget that tulips now are going a "dozen for $1.90".
In that context, Felix's analysis that China can decide to become more assertive in its ambitions towards Taiwan during the next 4 years should be taken very seriously. Risk management during this stage of MMT experiments becomes the priority. I do hope personally that we all can avoid the hot war and mutual extermination, but we can be sure that the ongoing "Hybrid Cold War" and "Asymmetric Warfare" will be escalated to new levels.
Hyped by the Bubble TV mass marketing machine to the herd, Bitcoin has become one of the main soft targets in the West. Attack on Bitcoin and collapse of this "Mother of All Bubbles" will lead to an enormous economic shock for the markets and can even bring such technological leaders as my beloved Tesla down. The higher Bitcoin goes now, the bigger shock will be for all parties involved after that lethal strike.
"Bitcoin has become one of the main soft targets in the Westand deserves national attention as a matter of state military risk management. Bitcoin's crash will not only bring a brutal awakening to "the brave fighters of the FED", but can bring very important companies like my beloved Tesla down spreading the shock waves across a very fragile overleveraged economy. The higher Bitcoin goes now, the more "great people" are getting sucked into and being sacrificed for this "Mother of All Bubbles" - the bigger shock will be for all parties involved after that lethal strike."
FED and US Treasury are not buying Bitcoin. Central Banks are holding Gold and they are buying more of it like Hungary did recently. Felix is buying Gold miners during the sell-offs and considers them "as options on the Gold price". At the FOMO stage of this Gold Bull, investors will be calculating the amount of the Gold in the ground controlled by these companies.
Now you can better understand howwe are building TNR Goldin order to participate in the ongoing megatrends during these different market cycles.Gold becomes the ultimate hedgenot only for portfolios constructed with stocks and bonds but for portfolios with Crypto-assets as well.
Copperand Lithium are supercharged by the Energy rEVolution and industry leaders likeMcEwen MiningandGanfeng Lithiumare the ones who know how to build and maximise the value of these giant projects.GEM Royalty TNR Goldis plugged into Energy rEVolution with our NSR Royalty Holdings onLos Azules CopperandMariana Lithiumprojects. I am participating inTNR Gold financing againand below you can find more information about our assets. Do Your Own Research and stay safe.
Federal Reserve Chair, Secretary of Treasury, New York State Attorney General And CIA Via Peter Thiel From Palantir - All Are Sending Clear Warnings About Bitcoin.
TNR Shotgun Gold Project, The Alaskan Elephant Country - Barrick Gold CEO: "The Highly Successful And COVID-free Conclusion Of The 2020 Drill Program Represents A Major Step Forward In Improving The Geological Confidence In The Donlin Project".
TNR Gold Lithium Royalty Holding: Ganfeng Increases Stake In Mariana Lithium Closer To 100% And "It Is planned To Commence Construction After The EAP For Plant Construction Is Obtained In 2021 ".
Powered By Tesla Energy rEVolution: TNR Gold Los Azules Copper NSR Royalty Holding With McEwen Mining Presentation.
FAQs
Right now, 1 Bitcoin Gold is worth about $26.22.
Is there a relationship between gold and Bitcoin? ›
The directly proportional correlation between Bitcoin and gold in the recent rally, during which both assets have surged to record highs, is surprising and sending mixed signals about global investors' risk appetite.
How do you know if someone is scamming you on Bitcoin? ›
Signs of crypto scams include poorly written white papers, excessive marketing pushes, and get-rich-quick claims. Regulatory agencies, such as your state's consumer protection office or the Consumer Protection Bureau, are the best places to contact if you suspect you've been the victim of a scam.
How is Bitcoin worth more than gold? ›
Supply can't be adjusted to match demand trends, which is why Bitcoin has historically been extremely volatile. Because it's a digital asset, Bitcoin is also more transportable than gold. Bitcoin is also divisible to eight decimal places, and it can even be used in transactions.
How much gold is in a Bitcoin? ›
Today vs. 24 hours ago
Amount | Today at 3:01 am | 24 hours ago |
---|
1 BTC | XAU 28.24 | XAU 28.58 |
5 BTC | XAU 141.22 | XAU 142.92 |
10 BTC | XAU 282.45 | XAU 285.83 |
50 BTC | XAU 1,412.23 | XAU 1,429.17 |
4 more rows
How much is Bitcoin Gold worth today? ›
Bitcoin Gold Price Live Data
The live Bitcoin Gold price today is $25.98 USD with a 24-hour trading volume of $6,051,030 USD.
Will Bitcoin Gold be worth anything? ›
Our real-time BTG to USD price update shows the current Bitcoin Gold price as $27.01 USD. Our most recent Bitcoin Gold price forecast indicates that its value will increase by 27.51% and reach $34.44 by August 02, 2024.
Is it better to buy gold or Bitcoin? ›
Key Points. Gold's use as a store of value gained popularity in the 1970s when inflation ran rampant. Since the 1970s, gold hasn't kept pace with inflation. Although Bitcoin and gold have similarities, Bitcoin's decentralization, security, and true finite supply make it the superior asset.
Is Bitcoin Gold same as Bitcoin? ›
Bitcoin Gold (BTG) is a cryptocurrency. It is a hard fork of Bitcoin, the open source cryptocurrency. It is an open source, decentralized digital currency without a central bank or intermediary that can be sent from user to user on the peer-to-peer Bitcoin Gold network.
How do you tell if a Bitcoin is real or fake? ›
Check for a Holographic Sticker: Authentic physical Bitcoins typically have a holographic sticker or seal that, when peeled, reveals the key to redeem the associated virtual Bitcoin. Examine the Quality: Physical Bitcoins are usually made to high standards, often with intricate designs and detail.
Defendants convicted under §78ff, face penalties of up to 20 years in prison, fines up to $5,000,000, or both.
How can I trace a scammer who took my Bitcoin from my wallet? ›
Blockchain surveillance systems can collect metadata to look out for IP addresses linked to specific payments. An IP address may shed light on the fraudster's physical location when a given transaction was made.
Is Bitcoin real money on Cash App? ›
You can own bitcoin by buying it with money you already have on any exchange or app that offers it. You can buy, sell, send, and receive bitcoin on Cash App. You can also auto-invest a percentage of your paycheck into bitcoin or even round up your Cash App Card transactions and turn the spare change into bitcoin.
Can Bitcoin be used as real money? ›
Bitcoins are exchangeable for fiat currency via cryptocurrency exchanges. Investors and speculators can make money from trading bitcoins.
How rare is it to own one Bitcoin? ›
Summary: As of 2024, there are about 420 million cryptocurrency users globally. Of these, approximately 1.5 million individuals possess more than 1 Bitcoin, which is just 0.36% of all cryptocurrency users.
Is a physical Bitcoin worth anything? ›
The worth of a Physical Bitcoin is twofold: the market value of the digital Bitcoin it holds and its collectible value. The latter can far exceed the actual Bitcoin value due to rarity, material (some are made of gold or silver), and historical significance.
Can you buy a gold Bitcoin? ›
You can buy gold with Bitcoin, Ethereum, stablecoins and more.
How much is one ounce of gold Bitcoin worth? ›
Melt Value: 1 oz Gold Bitcoin Round
This gold round contains 1.000 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one 1 oz Gold Bitcoin Round is $2386.99 based on today's gold spot price.