Post by
nozzpack on Feb 09, 2024 9:20am
Temporary diversion of Investment Capital to Bitcoin
Since November of 2023, Bitcoin has been on one of its upwaves .
Its also an alternative to POG as the USD continues its inevitable Decline as a weaponized reserve currency.
However, Bitcoin has never sustained its price mainly because it can hacked and / or loss of power and it is no longer accessible .
So, despite POG above $2000, investment capital ....which is finite..has flowed into Bitcoin at the expense of POG.
That cannot be sustained and with China and BRICs loading up on Gold, capital will begin flowing back into gold stocks .
As always, the most money is made by buying when and what no one else wants ...