Here comes another round of the naysayers saying "Bitcoin is dead" for the 800th time." Stock market loses 27% and nobody says "The stock market is dead."
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (23)
sorted by:
With food prices up 25% you would expect hedges like gold would rise. But gold is totally manipulated on the paper side.
I forgot one more important factor. The Fed. By their raising interest rates, it pulls investment out of alternatives hence precious metals take a beating.
We are heading into a recession for sure; expect no recovery for a year at least. Hopefully this will at least shovel out the Democrat stables somewhat as the proles realize how much they have been screwed.