CRASH COMING: Why I am buying not selling.
My target price for Gold is $27k. I got this price from friend Jim Rickardsโฆ.and I own two goldmines.
I began buying gold in 1971โฆ.the year Nixon took gold from the US Dollar.
Nixon violated Greshams Law, which states โWhen fake money enters the systemโฆ.real money goes into hiding.โ
My target price for Bitcoin is $250 k in 2026.
Silver $100 in 2026. I own silver mines and I know new silver is scarce.
Ethereum $60. I got this from Tom Lee. Ethereum is block chain for Stable coins. This means Ethereum follows METCALFS lawโฆ. The law of NET WORKS.
LESSON: I follow the laws of money, Gresham and Metcalfโs laws.
Unfortunately the US Treasury and Fed break the laws. They print fake money to pay their bills. If you and I did what the Fed and Treasury are doingโฆ. We would be in jail for breaking the laws.
Today the USA is the biggest debtor nation in history and why I have been warning โSavers are losers.โ
That is why I keep buying gold, silver, Bitcoin, and Ethereum even when they crash.
Take care. Massive riches ahead.
BIGGEST CRASH IN HISTORY STARTING
In 2013 I published RICH DADs PROPHECY predicting the biggest crash in history was coming.
Unfortunately that crash has arrived.
Itโs not just the US. Europe and Asia are crashing.
AI will wipe out jobs and when jobs crash office and residential real estate crashes.
Time to buy more gold, silver, Bitcoin and Ethereum.
Silver is the best and the safest.
Silver is $50 today. I predict silver will hit $70 soon and possibly $200 in 2026.
The good news is while millions will lose everythingโฆ. if you are preparedโฆthis crash will make you richer.
I will have more ways to get richer even as markets crash in future Tweets or Xs.
Take care
Milestone day for the XRP community!
This morning, the Bitwise XRP ETF began trading on NYSE (ticker: $XRP). With todayโs launch, investors have a new, convenient way to get spot exposure to XRP, the crypto asset looking to disrupt the $250 trillion market for global payments.
Whyโs XRP intriguing?
- One of the longest-running crypto assets (13+ years)
- The XRP Armyโa super passionate community of supporters
- $125B market cap
- Going after a huge opportunity: cross-border payments and tokenization
- Operating in a crypto-forward regulatory environment, with the chance to fully unlock its potential
Through cryptoโs ups and downs over the past decade-plus, XRP has shown great resilience and played a key role in cryptoโs move to the mainstream. Weโre thrilled to launch $XRP today and contribute to the next step of XRPโs journey.
๐จNEW: @CanaryFunds spot $HBAR and $LTC ETFs are now effective and will begin trading on the NASDAQ tomorrow, according to CEO @stevenmcclurg.
โLitecoin and Hedera are the next two token ETFs to go effective after Ethereum,โ McClurg told me in a statement. โWe look forward to launching tomorrow.โ
Then, as confirmed by @EricBalchunas, the @NYSE has also certified 8-A filings and posted listing notices for @bitwise spot $SOL ETF to launch tomorrow and @Grayscaleโs $GSOL to convert Wednesday.
How is this possible during the government shutdown, you ask? Well, the operation of law does not always actually require an open government.
Itโs my understanding that the 8-A filings are just as important as the S-1s in getting these ETFs ready to launch.
A quick catchup on terminology: the 8-A formally registers ETF shares under the 1934 Act for trading on an exchange, while the S-1 registers them under the Securities Act of 1933.
This morning, @NYSE certified all the 8-A filings for the ETFs above, aka the final step before shares can start trading.
But what about the @SECGov staff needing to greenlight the S-1 registration statements?
Hereโs the key: The issuers included language in their amended S-1s that lets them automatically go effective 20 days after filing. Typically, issuers delay S-1s until the SEC takes them effective, but the legal default is that the S-1 goes automatically effective without SEC intervention. That means the agency doesnโt need to approve them manually and the filings can go live on their own, even during the shutdown.
So, long story short, all the legal boxes are checked and these ETFs are on track for launch.
JUST IN: $9 TRILLION VANGUARD JUST REVEALED IT BOUGHT $21 MILLION WORTH OF #BITCOIN COMPANY METAPLANET IN Q3
WATCH WHAT THEY DO, NOT WHAT THEY SAY ๐
Today, Ripple is breaking into the $120T corporate treasury payments market with the $1B acquisition of GTreasury.
The past few years have reminded this industry why payments, first and foremost, is THE primary use case for crypto and blockchain. Payments are where Ripple first started for exactly these reasons โ the infrastructure is complex, siloed and inefficient, but as we know, perfectly positioned to benefit from decentralized financial technologies.
Astounding amounts of cash are trapped in outdated payments systems, creating friction, unnecessary costs, and barriers to entering new markets. GTreasury has been serving some of the most well known brands for decades โ and now together with Ripple, weโll be able to help CFOs manage all their assets, include stablecoins, tokenized deposits, etc at scale around the world, as well as put their idle capital to work with repo markets via Hidden Road.
The opportunity is here, and weโre diving right in. Itโs happening!
https://t.co/GCXS6QqNqt
When you put your money into a bank or spend money on a credit card, you earn interest and rewards on those dollars as an incentive to use that bank's services.
Likewise, Crypto companies should be able to continue to offer competitive rewards programs, incentives, and bonuses!
That's a crucial part of the bipartisan GENIUS Act signed into law by President Trump and also the CLARITY Act that BIG banks are trying to stop - despite the CLARITY Act already passing the House. Threadย ๐งต
๐บ๐ธ LATEST: NYC Mayor Eric Adams establishes the Office of Digital Assets and Blockchain Technology via an executive order, advancing the city's crypto agenda.