Since the 2008 financial crisis, it’s been patently obvious that history’s largest, most destructive fiat Ponzi scheme; for the first time, incorporating ALL nations; had to experience a REAL crisis event – as at some point, the massive debts built up to paper over what 2008 exposed had to be paid for…either via default or Central-bank-created inflation. Finally, it appears that time has arrived – so the big question is, where will global capital hide?
The dollar will likely be strong for some time – not against items of real value, but other fiat toilet paper; nearly all of which, are at or near all-time lows already. And yes, it’s possible Treasury bonds continue to be safe haven assets, despite the dichotomy of a collapsing economy requiring more borrowing – that unquestionably, will prompt the Fed to print more money (possibly, this week)…in turn, yielding heightened inflationary pressures. Then again, if we do actually experience the long-awaited financial crisis, no amount of inflation is likely to offset the massive deflationary tsunami that comes with it.
https://twitter.com/Andy_Hoffman_CG/status/1074689556044079105
- Andy_Hoffman_CG
Regarding Precious Metals, they have proven time and again since the turn of the century that they do NOT provide safe haven protection – or any protection, for that matter, given that they are trading at all-time inflation-adjusted lows. Trust me, I know, as I spent 15 years of my life dedicated to this dying asset class.
As for Bitcoin, it is the ultimate sound money creation – but currently, is amidst all manner of “wars” – with the status quo and factions within the Bitcoin community looking to usurp it. They will fail, of course, as amongst crypto, only Bitcoin can ever be “money” on a global scale. That said, there’s no telling what BTC will do in the short-term, as it attempts to shrug off the tail end of its bear market – particularly in the context of what may be an expanding financial crisis.
And finally, BRhodium – which of course will be driven, first and foremost, by overall crypto trends…but perhaps not just yet, as it is WAY undervalued, given it’s “pre-IPO” pricing ahead of imminent exchange listing. After which, I have little doubt a “post-IPO” equilibrium will be reached, during which it trades a lot more closely with broad crypto trends.
That said, per the developers’ “CryptoTrinity” philosophy – promoting the monetary properties of Bitcoin, Litecoin, and BRhodium; its “Strong Hands” program – making it the first cryptocurrency to pay “dividends”; and its nearly unparalleled scarcity, it would not surprise me if it outperforms the crypto space strongly during any type of financial crisis. Only time will tell, but I believe it’s a very viable scenario.
If you have any questions about BRhodium, or BTR OTC trading, please email me at ahoffman@cryptogoldcentral.com.