This price action makes me think that a $250k + top is much more plausible that a $100k top
The current currency system is dying.
It’s no longer a cringe part of a hidden sub culture in society who knows this.
It’s no longer the Peter Schiffs of this world proclaiming the end of fiat systems.
It’s a (close to critical) mass that is contemplating this now. All in the open and for everyone to see.
And it’s simple math determining that this will accelerate. 20% of all dollars in the world created
this year alone. Next time, will it be 40%? And the next thereafter?
Will the new stimulus bill go to $4 trillion (6.6% of all money (in broad terms) in the whole world)?
Will the next stimulus bill be $8 trillion?
The talks about the $1 trillion coin seem a long time ago (those were rookie numbers
).
It’s happening because it’s inevitable.
Greatest. Wealth. Transfer. Ever.