Is This the Biggest Heist of All Time? [Podcast]
We’ve been talking a lot about gold lately. In fact, we’ve been talking a lot about gold since about 2009 when I founded Sovereign Man, which eventually turned into Schiff Sovereign.
And the same goes for crypto. Over a decade ago, when Bitcoin was less than $100, I was saying, chances are, more people are going to be buying it in the future… hence, a big catalyst for demand to push the price up.
But it was never just about price. And in that sense, gold and Bitcoin have a lot of similarities.
They each are an asset outside of the traditional financial system which allow you to maintain personal custody over your investment, without third parties like banks in the way.
So why have I been banging the table about the opportunities in gold lately, and less so on crypto?
Simply because I see clear and obvious catalysts for the gold price: central banks buying gold to diversify away from the US dollar.
Sure, there could be catalysts for Bitcoin too— a potential strategic reserve would represent a lot of demand. But one, I think that may already be baked into the price of Bitcoin, and two, I don’t feel like I have any special insight on catalysts to crypto.
With gold, however, we can do the math.
That’s what we discuss in today’s podcast.
We also get into opportunities to buy “proxy” investments for both gold and crypto.
Again, we do the math, and see a huge contrast between ridiculously under-priced gold miners, and absurdly overpriced companies that give you exposure to Bitcoin.
Some of these gold companies are so cheap, it feels like stealing their gold… almost like the biggest heist of all time.
You can listen to the full podcast below.
Simon Black is an international investor, entrepreneur and permanent traveler. His daily letter is both educational and entertaining, and we suggest that those who want unbiased, actionable information about global opportunities sign up for Sovereign Man’s free, actionable newsletter at http://www.SovereignMan.com.
From Simon Black of SovereignMan.com
Source: https://www.schiffsovereign.com/podcast/is-this-the-biggest-heist-of-all-time-podcast-152072/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
![Report abuse](/img/report_abuse.png)