
MacroVoices#308 Ronald Stoeferle: Precious Metals Update
Macro Voices
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Bit Coin
Bit coin was a leading indicator on the down side for the s and p. We saw it with bit coin basically going down a couple of weeks before the nasta crashed. But as we can see on this chart showing the floes, you know, last year, pitquan's market cap basically reached ten % of gold' market cap. And now it really cannot be ignored any more.
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