Partners in Crime : Gold and Bitcoin Breaking Out Together

Only criminals and crazies own Gold and Bitcoin right? Well if you believe the mainstream narrative then that’s what you’ve been taught to think, but if you’re here reading this post on STEEM then chances are you’re a bit smarter than that. You might have even heard Gold Bugs trashing Bitcoin as a scam or Bitcoin Zealots Maximalists claiming Gold is just a relic and a pet rock – just like the Central Bankers would have you believe. Don’t be fooled though. These two Alternative Assets are on the same team.

Source

"What team is that?" You ask. This is the team that acknowledges there is something fundamentally wrong with our Financial System and the smartest thing any investor could be doing right now is getting the hell out of it. If you’re looking for the Exit Door then look at Gold and Bitcoin because they are a great place to START.

Source

The Mainstream Media don’t really like talking about either of these two alt-assets but when they do they usually dismiss strength in either as a result of the Trade War or fears of a Hot War with Iran. Just like they pointed to Brexit or the Trump election in recent years – it’s all a misdirection to try and keep you from figuring out the truth. Our Financial System is broken and like a giant Ponzi Scheme the only thing that is holding it up is Confidence. Yes – Todays Central Bankers and Politicians are running the biggest Confidence Trick of our lifetimes, possibly even the biggest in human history and at the centre of this scam is Fiat Currency. Paper backed by nothing but the empty promises of increasingly bankrupt governments.

Source

The real reason that Gold and Bitcoin are breaking out together is because the Smart Money has figured out that the global economy is rolling over and we have a major problem on our hands with the massive asset bubbles that have been created since the Great Financial Crisis. They know (as do our elite bankers) that the system is highly leveraged and the Central Banks and Politicians have no choice but to try and pump stimulus into the asset bubbles to try and keep them inflated or we'll suffer a horrific crash as the leverage unravels. In Layman terms that means Quantative Easing Printing Money and Low Interest Rates More Cheap Debt. This Road to Ruin inevitably results in Currency Debasement, High Inflation the paper or plastic in your wallet being worth less and less. The Smart Money wants to get out of Fiat Currency before it blows up.

Source

But don’t just take my word for it. Listen to the markets because they are telling you what’s going on. Gold and Bitcoin have both been on a tear lately. Gold has hit a 6 year high in US Dollars and has broken through key resistance. It’s up over 10% in just the last month - which is a HUGE move for Gold.

Source

Meanwhile Bitcoin has just cracked $11,000 US Dollars again and already looks ready to take another leg higher. It’s up 175% in the last 3 months.

Source

As they say "Money talks and bullshit walks" so listen to what the money (markets) is saying and ignore the bullshit (mainstream media). These alt-assets have been held down for a while now, but when I listen to the markets I hear them both singing with full voice "I’m gonna break my rusty cage and run!"

DISCLAIMER – This information is for general information only and should not be taken as financial advice. I am not a financial adviser and I encourage all readers to seek independent financial advice before investing in Gold or Bitcoin

---