Max Keiser is back, in his latest interview he maintained that the Bitcoin Price will surge to $100K plus but could go even higher if the dollar ultimately collapses.
Gold has also hit new highs recently against the Euro and will continue to grow.
Keiser continued noting that the signals from the US repo markets are indicating that a financial catastrophe is looming and China could well open a trap door on the dollar.
Max Keiser said that China is about to announce that it has amassed as much as 20,000 tons of gold and that a second bombshell will be that China is about to launch a gold-backed cryptocurrency with the intention of destroying the greenback.
Gold and bitcoin prices will continue to surge as the dollar collapses to zero like ‘every piece of garbage fiat before it’.
Peter Schiff and Max Keiser go at it back and forth.
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
News Resources From Today’s Show:
According to @maxkeiser I’m an idiot because I think #gold is better money than #Bitcoin. He also claims China is about to launch a crypto currency backed by gold. This is bullish for gold and bearish for Bitcoin. A crypto backed by gold is much better than one backed by nothing!
— Peter Schiff (@PeterSchiff) November 1, 2019
Bitcoin is gold that weighs nothing, takes up no space, and can’t be counterfeited or seized. It teleports instantaneously anywhere in the world.
But I don’t blame you for being skeptical Peter, it does sound like science fiction at first.
— Rhythm (@Rhythmtrader) November 2, 2019