Gold to the Moon, Bitcoin Stuck on Earth – Ep 785
The Peter Schiff Show Podcast
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Bit Coin Is Going Nowhere
The dollar is no longer the reserve currency, and they need to have more gold in their reserves rather than dollars. And you know who's probably buying a lot of gold right now? Apart from the russians, the chinese. As i am recording the podcast, bit coin is about 38 thousand 600, still well below forty sand making no headway. We did have that dead cat bounce up to about forty five thousand. I said it was a dead cat bounce as it was bouncing. And now bit coin, you know, sold off. It hasn't made a new low yet. The problem is we've run out of fools to buy it, because all the fools already own
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