Jul.04 — Mark Mobius, co-founder and partner at Mobius Capital Partners, discusses his calls on stocks, bonds, gold and bitcoin. He speaks on “Bloomberg Daybreak: Middle East.”
There is a new system to fraud. Dealers buy white drugs money GOLD on the black market and the man sell the gold white a fake certificate (paper) so they can fly over the gold in Dubai . They buy it and send clean money over 100 different bankaccount numbers over all the world. That the way of life. They say then they use bitcoin to buy drugs.but they don’t say they laundry the money white gold.
The United States, thanks to God's grace, and the genius of Presidents Bush, Obama and Trump, is incredibly credit worthy. The US $ is so strong. We are formidable. All of Europe is aware based on internal projections that US GDP for 2020 is robust. The President will be easily reelected.
I don't listen to what traditional finance talking heads say anymore. The FACT that they missed Bitcoin and its importance in 2017 is a HUGE RED FLAG that they are not ready for financial disruption. When Bitcoin reaches $50K, and we see another big bank illiquid , don't say that I didn't tell you so.
Stocks are in a HUGE bubble, The biggest in the history of the U.S.! Bitcoin and cryptocurrencies are the ONLY asset NOT in a bubble, because LARGE institutions (with hundreds of billions) cannot buy it. Eventually, they will tho.
So tired of the scapegoat claim that cryptos are used in illicit activity. Everyone knows when dictators fall or drug kingpins are caught, they always seem to have pallets of USD. The ratio of illicit use in crypto has to be a fraction of a single percent yet it seems to overwhelmingly capture their attention. They can't possibly fathom the day when people would rather just make a simple transaction via their phone without some organization, whether corporate or government, treating them as guilty by default.
I am not so sure about Bitcoin, but block-chain technology is the means by which the People's Republic and other concerned interests are trying to overcome petro-dollar hegemony. This hegemony has already brought whole nations to the brink of bankruptcy, and the world has become annoyed by the over-charging by the banks that oversee these transactions through the petro-dollar (so be wary of banking stocks in the future). The People's Republic seeks to overcome the petro-dollar hegemony through pier-to-pier transactions enabled by block chain technology thus bypassing the intermediaries (i.e., the banks and America).
I also think that many countries may be trying to partially back their currencies in gold, however this is strange since the United States is by far the largest holder in gold reserves.
He’ll buy when Bitcoin is 100k. Trillions will buy when bitcoin hits 100k. Bitcoin volatility is nothing compared to the volatility of a currency going through hyperinflation.
@lonnie546
January 4, 2024 at 2:37 pm
Gold Mining opportunity in EAST AFRICA Tanzania 🇹🇿
https://pzgoldmine.com/opportunity/
@jickovonrozentuin7370
January 4, 2024 at 2:37 pm
There is a new system to fraud. Dealers buy white drugs money GOLD on the black market and the man sell the gold white a fake certificate (paper) so they can fly over the gold in Dubai . They buy it and send clean money over 100 different bankaccount numbers over all the world. That the way of life. They say then they use bitcoin to buy drugs.but they don’t say they laundry the money white gold.
@clauswolfgangmeyer1377
January 4, 2024 at 2:37 pm
HKG 621 GOLD HKG 1051
@bcbconklin
January 4, 2024 at 2:37 pm
Junior golds pullback signals buy: http://stockwrestler2.blogspot.com/
@clauswolfgangmeyer1377
January 4, 2024 at 2:37 pm
Golden Stocks HKG 621 and 1051 +++
@FlipmasterFED
January 4, 2024 at 2:37 pm
This old fool. Everyone mentions drugs to Bitcoin. Get some new material
@tommathew7684
January 4, 2024 at 2:37 pm
The United States, thanks to God's grace, and the genius of Presidents Bush, Obama and Trump, is incredibly credit worthy. The US $ is so strong. We are formidable. All of Europe is aware based on internal projections that US GDP for 2020 is robust. The President will be easily reelected.
@bcbconklin
January 4, 2024 at 2:37 pm
Wesdome continues its uptrend: https://stockwrestler2.blogspot.com/
@vicmarc4984
January 4, 2024 at 2:37 pm
I don't listen to what traditional finance talking heads say anymore. The FACT that they missed Bitcoin and its importance in 2017 is a HUGE RED FLAG that they are not ready for financial disruption. When Bitcoin reaches $50K, and we see another big bank illiquid , don't say that I didn't tell you so.
@vicmarc4984
January 4, 2024 at 2:37 pm
Stocks are in a HUGE bubble, The biggest in the history of the U.S.! Bitcoin and cryptocurrencies are the ONLY asset NOT in a bubble, because LARGE institutions (with hundreds of billions) cannot buy it. Eventually, they will tho.
@carlosmonkee
January 4, 2024 at 2:37 pm
they will cling to these legacy systems as long as possible
@AlwayzRyt
January 4, 2024 at 2:37 pm
Crypto is the future
@gnollio
January 4, 2024 at 2:37 pm
So tired of the scapegoat claim that cryptos are used in illicit activity. Everyone knows when dictators fall or drug kingpins are caught, they always seem to have pallets of USD. The ratio of illicit use in crypto has to be a fraction of a single percent yet it seems to overwhelmingly capture their attention. They can't possibly fathom the day when people would rather just make a simple transaction via their phone without some organization, whether corporate or government, treating them as guilty by default.
@keithkishishita5783
January 4, 2024 at 2:37 pm
I am not so sure about Bitcoin, but block-chain technology is the means by which the People's Republic and other concerned interests are trying to overcome petro-dollar hegemony. This hegemony has already brought whole nations to the brink of bankruptcy, and the world has become annoyed by the over-charging by the banks that oversee these transactions through the petro-dollar (so be wary of banking stocks in the future). The People's Republic seeks to overcome the petro-dollar hegemony through pier-to-pier transactions enabled by block chain technology thus bypassing the intermediaries (i.e., the banks and America).
I also think that many countries may be trying to partially back their currencies in gold, however this is strange since the United States is by far the largest holder in gold reserves.
@stiltcity
January 4, 2024 at 2:37 pm
He’ll buy when Bitcoin is 100k. Trillions will buy when bitcoin hits 100k. Bitcoin volatility is nothing compared to the volatility of a currency going through hyperinflation.
@keeganpenney169
January 4, 2024 at 2:37 pm
9k bitcoin? No thanks!
14k bitcoin? Shut up and take my money!
@Midori_Hoshi
January 4, 2024 at 2:37 pm
Bitcoin will continue to be the best investment. It's also a moral way to fight back against a lot of the bullshit we have with money today.
@user-pb9ey2rh1f
January 4, 2024 at 2:37 pm
buy BTC and ETH, 60/40
@chrissalley9468
January 4, 2024 at 2:37 pm
Bitcoin
@hendosia
January 4, 2024 at 2:37 pm
I like to kill people and Bitcoin is my tool of choice
@femaledeer
January 4, 2024 at 2:37 pm
The interest rate is only one component of bonds. The LT treasury bond is up like 10% this year + interest. Not bad for a risk free asset.