Top Three Videos – December 7, 2023

A potential perfect storm for gold and Bitcoin is on the horizon, with factors such as Fed easing, inflation, and market volatility creating opportunities for significant price increases in both assets.

• A Fed easing would be good for Bitcoin, causing inflation, which would also be good for Bitcoin.
• Gold’s resistance is finite, and eventually, it can break through the big round numbers and turn old resistance into support, indicating a potential bull market.
• “Gold is getting whacked today and if it drops to 2,000 and bounces off then my thesis is supported and we should expect a nice long run from there.”
• Corporate profits and stocks tend to plunge during the first couple of FED easings, indicating potential volatility in the market.
• If the FED has to panic cut, it could lead to a collapse in real estate and junk bonds, making it crucial to be short the stock market and buying precious metals.
• The potential perfect storm for gold in the not too distant future, with falling interest rates, perception of eventual inflation, and the need to devalue the Dollar on a massive scale, could lead to a monetary reset where gold is $10,000 an ounce.
• The perfect storm for Bitcoin: “The FED is gonna have to ease pretty soon which normally would be good for Bitcoin and we’ve got the um you know that’s going to cause inflation which also would be good for Bitcoin.”
• The impact of ETFs on crypto and larger markets is uncertain and will be interesting to observe.