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Debasement

Break out into blue sky past historical high, ascending triangleThis is very, very bullish and we'll have the world in FOMO (Fear of missing out). The art in the next few days/weeks/months will be buying on the dips if they happen but we're sitting on a rocket it seems? We're passing the critical $20K USD level and we'll likely see $25K very, very shortly. We are crossing bullish on the MACD and histogram is turning green on the daily. Weekly is still overbought so don't expect a shooting star but then again, don't be surprised getting on as Funds, Pensions and ETFs start pouring billions into Bitcoin's limited supply of coins (18.5M circulating, 21M total). How many people do you know that owns crypto and bitcoin? Ask your friends. Most average joe don't. It's too complex for the average person. Those who own Botcoin don't actually own it, the Exchanges have them in their custody. For trading, Trade on exchanges like Binance which is the #1 crypto exchange in the world, followed by Coinbase? When you Invest long term in Bitcoin, don't do it via an Exchange, hold your own secret/private key in a safe place offline such as a paper wallet (free) or hardware wallets.
BITSTAMP:BTCUSDLong
by UnknownUnicorn2413721
The Swiss Franc: The best FIAT currency in these troubled times?In light of the tragedy facing the international monetary policy, people who understand debasement know that it was the fall of many empires. From the Romans to the Middle Age Bankers. Bankers overpromise and underdeliver. In all the countries on earth Switzerland and China are the two currency likely to do well as the US loses its dominance by over-borrowing off the back of the World. Once the US is no longer able to sell its dollars to other countries, the world will be seeking safe heavens. On the FIAT side (unbacked by anything except the might and sovereignty of the country behind it), the CHF stands out here. The pattern is a descending triangle and indicates there will be a breakout for the Bull or Bears. I'm short the USD and reallocating all my assets out of the US until there's an indication that the US dollar bull is still alive. I think the USD is a zombie and it's such a monumental thing that everyone wants to ignore it for the most part. The world will reallocate assets outside the US for the time being. Why compete with the US Fed with your cash? They print the stuff with worthless IOU that conventional investors still believe in. It seems we need to get ready for hyperinflation. Reallocate to safe asset classes. CHF might be one of them if you think currency backed by nothing is still worth something. The Swiss hold 70% of their gold reservers on their soil. 20% is held in England and the other 10% in Canada where the Canadian MINT announced in November 2020 that will not secure it's MNT ETN! That means starting Feb 2021, if you own "paper IOU" from the Canadian Mint, they won't be able to delivery if there is "force majeure". 2021 might just be the year of "Force Majeure" As a side note, the Canadian Central Bank is the only one in the world without any more gold reserves, why: Speculation: Canadians are generally very honest. So the bankers report the actual gold held.It's a good thing Canada has no gold because it can't defend it against its neighbours. Other countries oversubscribed, loaned, sold their gold and there is no third part audit. I trust Canadian and Switzerland with its backing of its currency and between the two, the CHF is the safer FIAT IMHO.
Short
by UnknownUnicorn2413721