Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
iamnotback
on 19/01/2017, 16:39:25 UTC
That is why crypto is the new gold.

Gold and silver are the new gold and silver.  Bitcoin will always be a tier or more below and never able to defeat it on Exter's pyramid:

The r0ach report vol 7: Bitcoin is not an actual store of value because there is no real price floor or inelastic demand

https://steemit.com/bitcoin/@r0achtheunsavory/the-r0ach-report-vol-7-bitcoin-is-not-an-actual-store-of-value-because-there-is-no-real-price-floor-or-inelastic-demand

My whitepaper solves the dilemma. Checkmate.

Gold declining (and not closing above $1221) precisely as Armstrong said. Sigh.