Was just thinking about it. I think these wild changes are due to the incredible trading speed we have today. Half of gold is just paper gold, very fast to trade.
i.e gold trades like Bitcoin basically.
So we might really an explosive rotation to Bitcoin. It's really technically possible.
I am assuming volatility will increase along with the chance of hyperinflation. The desperation to get out of fiat will lead to bubbles, speculation and panics, but I am just a guy posting in my underwear, so who knows?
@ODELL I'd like to request a podcast with @Big Bad John as the guest.
I'd like to see a credible Bitcoiner have a "devils advocate" discussion with him regarding pubky.app, now that they've released a stable stack that's decentralized.
I think this make foe a great episode.
Thanks in advance!
You reckon the Fed's assurance to not change course ended the unusual demand for precious metals right after FOMC day? It'd be nothing new anymore, of course, but it's still scary how much power to distort global markets this small group of banksters has.