So is Bitcoin really digital scarcity or is it simply a ponzi scheme? Today we investigate the investment case made by the arguments of Gabor Gurbacs, a digital asset strategist and the arguments against Bitcoin as digital gold by economist and gold bug Jm Rickards. Bitcoin was established during the last financial crisis in 2009 to promote the notion of sound money, in the midst of bank bailouts, government spending and the first introduction of quantitative easing or money printing. Right now, we see history repeating itself as the years of government and Central Bank excesses are found out as a result of the pandemic we now face. Where will bitcoin's price go. Some argue that it could be worth $250,000 or even $1m, while others believe that it will fall to near zero. _____________________________________________________________________ COINBASE REFERRAL CODE $10 OF BITCOIN: http://tiny.cc/jgmqlz _____________________________________________________________________ Life Growth Academy is a new channel on financial and economic literacy giving you the ultimate financial foundation in life. The videos we consider represent your steps to succeeding in a world of crazed central banks and big government: https://www.youtube.com/channel/UCgxzDgbociRWqhDUW3YjS9g? Subscribe to my channel on real world economic literacy: https://www.youtube.com/channel/UCgxzDgbociRWqhDUW3YjS9g?sub_confirmation=1 ____________________________________________________________________ DISCLAIMER: Any advice given on my channel and videos is for information purposes only, and does not act as financial advice. Your financial decisions are your full responsibility, and if you are in any doubt, please contact a financial professional before undertaking any investment with your money or change to your financial activities. ... https://www.youtube.com/watch?v=RNM95xHoB_c

Today we consider the vast size of the coming economic stimulus that will see Central Bank balance sheets soar to levels difficult to comprehend. Just last week, we saw IMF calls for a New Bretton Woods Moment, this is a call for massive global stimulus. But the stimulus that comes domestically will also be vast. We are now seeing the morphing of monetary and fiscal policy to generate massive stimulus. David Brady article: https://www.sprottmoney.com/blog/IMF-Confirms-Massive-Stimulus-Ahead-Globally-David-Brady-22-October-2020 Michael Kiley Paper: https://www.federalreserve.gov/econres/feds/files/2020083pap.pdf _____________________________________________________________ Why Fed needs $10,000 gold https://youtu.be/g_BWmdI_tXA Gold to $700!? https://www.youtube.com/watch?v=i88B5uQO-JI Could the Fed go BUST? https://youtu.be/xoGFfQOKEu4 This is when the gold price skyrockets: https://youtu.be/yy7c5UAg82g _____________________________________________________________ Miles Harris provides global macro insights and champions the importance of sound money in a world gone crazy. The videos we consider represent your steps to succeeding in a world of crazed central banks and big governments: Subscribe to my new channel on real world economic literacy: http://tiny.cc/16m5mz _____________________________________________________________ DISCLAIMER: Any advice given on my channel and videos is for information purposes only, and does not act as financial advice. Your financial decisions are your full responsibility, and if you are in any doubt, please contact a financial professional before undertaking any investment with your money or change to your financial activities. ... https://www.youtube.com/watch?v=H0bCF-4Z7DU

This video considers five key reasons for BASEL 3 NSFR requirements. Ultimately, the financial system is broken. Central Banks balance sheets have exploded and risks continue to grow. 0:00 Intro 0:21 Basel Banking Regulations & their Importance 1:32 Deleverage Risk 2:44 Potential for gradual gold revaluation 3:11 Rift between Central Banks 4:10 Global Rebalancing towards the east 5:29 Disincentive to hold gold 5:55 Conclusions. Great reading and viewing: Risk - Not Just a Board Game. Grant Williams: https://www.youtube.com/watch?v=wzzoBVK3fyE&t=1727s Chris Powell Interview from Glint Pay: https://glintpay.com/en_us/blog/soapbox-we-all-want-a-higher-gold-price-2/ _____________________________________________________________ Check out the Tuttle Twins books on liberty and economic freedom, award-winning books that help parents educate their children about key principles that schools do not teach. Affiliate link: https://tuttletwins.com?ap_id=MilesHarris _____________________________________________________________ Miles Harris offers global macro insights and champions the importance of sound money in a world gone crazy. Subscribe to my channel on macro & metals: http://tiny.cc/16m5mz _____________________________________________________________ DISCLAIMER: Any advice given on my channel and videos is for information purposes only, and does not act as financial advice. Your financial decisions are your full responsibility, and if you are in any doubt, please contact a financial professional before undertaking any investment with your money or change to your financial activities. ... https://www.youtube.com/watch?v=8L_5yYJVpko

This video explores why the Fed will need to be bailed out. It’s happened before and it’s increasingly likely to happen once again. We’ll explore exactly why there is likely to be a run on the Federal Reserve Bank but we also investigate the historical precedence of when the Fed has previously needed to be bailed out. A bank run on Central Banks will send gold, silver and bitcoin prices soaring. _____________________________________________________________ Why Fed needs $10,000 gold https://youtu.be/g_BWmdI_tXA Gold to $700!? https://www.youtube.com/watch?v=i88B5uQO-JI Could the Fed go BUST? https://youtu.be/xoGFfQOKEu4 This is when the gold price skyrockets: https://youtu.be/yy7c5UAg82g Has the Stock Market hit the bottom: https://youtu.be/MYLKPbiL-mM The 5 biggest scams contributing to inequality in our economy https://youtu.be/QrCcmQpIaZg Is hyperinflation on its way? https://youtu.be/_Ntgx7MDBSI The coming economic depression https://youtu.be/SyX1XI46Eew 5 Reasons why Gold can go to $5000! https://youtu.be/RwsO_-D73b4 Will Silver be an Investment Hero? https://youtu.be/gZamp6S7pg0 _____________________________________________________________ Life Growth Academy is a new channel providing global macro insights to allow you to make informed investments decisions. The videos we consider represent your steps to succeeding in a world of crazed central banks and big governments: Subscribe to my new channel on real world economic literacy: http://tiny.cc/16m5mz _____________________________________________________________ DISCLAIMER: Any advice given on my channel and videos is for information purposes only, and does not act as financial advice. Your financial decisions are your full responsibility, and if you are in any doubt, please contact a financial professional before undertaking any investment with your money or change to your financial activities. ... https://www.youtube.com/watch?v=4YvWT_W30gg