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RE: Hopefully Peter Schiff didn't short Bitcoin and long Gold! Or hopefully he did?!

in LeoFinance4 years ago

Like a coordinated Covid-19 effort type coordination.

I hear what you are saying completely. Bitcoin bypasses so much regulation, such bullshit from the banks..

I think it WILL cross a certain barrier where it will be too much of a threat. I also try to think about how any central bank can print and buy. What stops them from printing and buying crypto? Gold isn't so easy (physical) because you need to have it in your hand. Paper contracts are easy.

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Though it becomes a lot cheaper when that gold in your hand is simply gold plated tungsten or copper. ;)

Theoretically what should happen to the price of gold real gold without manipulation