Monitoring the Bitcoin price action while the Federal reserve is raising rates has really reminded of gold during Paul Volcker's mayhem in the 70s-80s
Here we can see an interesting amount of resilience and counter to popular thinking of what should happen to what is happening.
Here we can see prehistoric evidence using an asset called GOLD people would trade and melt this shiny metal, some would wear it like jewelry, countries stored wealth using it (of course there is zero possibility to verify countries real holdings)
Is it a coincidence with the comparison of strength during rate rises and rate cuts while also osculating the Dow?
Here we can see an interesting amount of resilience and counter to popular thinking of what should happen to what is happening.
Here we can see prehistoric evidence using an asset called GOLD people would trade and melt this shiny metal, some would wear it like jewelry, countries stored wealth using it (of course there is zero possibility to verify countries real holdings)
Is it a coincidence with the comparison of strength during rate rises and rate cuts while also osculating the Dow?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.