Post
Topic
Board Speculation
Merits 4 from 4 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
marcus_of_augustus
on 13/03/2020, 00:19:48 UTC
⭐ Merited by TryNinja (1) ,eddie13 (1) ,JayJuanGee (1) ,vapourminer (1)
Gold is down too.. So are dow futures..
Where is the money going?

It's a good question. ans: USD

... the demand for USD is so high that the repo market froze up. Fed had to pump in first $150billion then upped that to $500 billion (rolling over in a month) another $500 billion rolling over in 3 months and promises for another $500 billion cash in a months time.

bottom line, there is a YUGE bubble in USD fiat and everything else is getting dumped.

Only time can tell where it goes from here. Place your bets, USD fiat, stocks, bonds, crypto, land ... nobody knows the value of anything any longer but they are trained to shelter in USD when they are scared so that's what they do ... even though it is a shared illusion of value.

Fortune favours the brave.