@PeterSchiff@kevinolearytv@CNBC The truth is likely Leary lost nothing, was gifted crypto to pump it.
Watching his speech and body language supports this.
And crypto is worthless as a currency.....two words - SOVEREIGN AUTHORITY.
@justinxflynn Twitter useful for entertainment if even that, 90% people here to sell what they might trade 3 lots on....
Real volume traders not on here.
@PeterSchiff That may be a bit extreme, the Fed now has open market operations..... tools to move asset prices as needed.
Why do you think Gold is only $1800+/- at these inflation levels?
@PeterSchiff How many times did we hear "transitory" prior?
Are we to believe Fed officials are truly this out of touch or is something else in play?
That's the question to ask and look to understand.
@PeterSchiff There's a global confluence of forces putting wind at back of inflation even with recession looming it appears.
Previous strategies will probably require adjustment.