73 Over $200 billion wiped off cryptocurrency market in a day as bitcoin plunges below $50,000 (www.cnbc.com) posted 3 years ago by ashlanddog 3 years ago by ashlanddog +74 / -1 32 comments share 32 comments share save hide report block hide replies
Buy all the dips. Buy all the metals. Fiat is dead and has been for awhile, they've just managed to inflate and manipulate numbers long enough to keep the illusion that everything is fine. We all know its not.
Fiat is never, ever dead so long as governments exists that can mandate its usage for payment of taxes, licenses and fines.
Remember how the dollar has been jacked maybe 35-40% over the last few years? So what's the multiple on everything else now? A lot worse.