Bitcoin Price Gears Up for Collapse to $12,000… Gold to Remain Top Asset

Bitcoin Price Gears Up for Collapse to $12,000... Gold to Remain Top Asset thumbnail

Jeff Brown The Near Future Report

Considering that the U.S. dollar has gone up 15% on the year, “gold has performed amazingly well,” argues Gareth Soloway, president and CFO of InTheMoneyStocks.com. Gareth Soloway says that he is a big gold bull because of the relative performance between gold and the dollar. “The fact that gold is only down 5 percent with the dollar up 15% is all you need to know.” He continued to state that the bond market is comprised of the most intelligent money in the world and does not believe that the Federal Reserve will raise rates after Wednesday’s price-in economic data. Soloway believes that the dollar is preparing for a reverse and “markets will rejoice.” Soloway concludes, “Crypto regulation was needed and I welcome that.”

#cryptowinter #goldinvesting #bitcoin

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