Re: coffee

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Re: coffee

In Response To: Re: coffee ()

You sounds like Paul Harvey, LoL

Did you read this ZeroHedge article? I don't think crytocurrencies will last, but the CBs have certainly created conditions which allow them to flourish. I'll take mine in gold, please.

Macquarie Lashes Out At Dimon: "Modern Finance", Not Bitcoin, Is The Real Fraud : http://www.zerohedge.com/news/2017-09-28/macquarie-lashes-out-jamie-dimon-modern-finance-not-bitcoin-real-fraud

Excerpt:
If one describes Bitcoin as a fraud, how would one describe a ‘financial cloud’ that is at least 4x-5x larger than the underlying economies? It is unlikely that US$400 trillion+ of financial instruments circulating around the world would ever be repaid and most are now backed by assets that are already either worthless or are diminishing in value.

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