What correlation?

Morning Porridge/Bill Blain/2-11-2021

cartoon of lemming going over a cliff, one has a gold parachute“Yes… Buttcoin is terribly clever. Yes… it might replace fiat currencies if fiat currencies collapse – but so could cowrie shells. I think if you end up stuck in a desert and arrive at the proverbial oasis, the proprietor will sell the last bottle of water to the traveler with the gold bar rather than the one brandishing a crypto-wallet.”

USAGOLD note:  That is about as candidly and bluntly as it can be said …… Blain once again cuts to the core in this lengthy piece on the current speculative excesses.

Share
This entry was posted in Today's top gold news and opinion. Bookmark the permalink.