theplatinumbear on Nostr: I found this video to be bullish on precious metals because everything Saylor said ...
I found this video to be bullish on precious metals because everything Saylor said about institutions buying bitcoin rather than buying back their own stock. They can do that TODAY with gold. Because gold is apart of the banking system. Instead of Apple buying 500 billion in buyback that could have bought gold. It could be held at that bullion bank of choice.
I agree with both of their points about as a percentage of the market I think bonds, equites and even real estate will go down. But, I think that money can and/or will move into gold just as easily as into bitcoin. Simply because the rail system for gold and banking is already there. Plus, as technology advances retailer investors and institutional investors will be able to buy gold fractional today just like bitcoin. Institutions and retail investors could collateralize that gold for their small business, buying a car, or land.
I agree with both of their points about as a percentage of the market I think bonds, equites and even real estate will go down. But, I think that money can and/or will move into gold just as easily as into bitcoin. Simply because the rail system for gold and banking is already there. Plus, as technology advances retailer investors and institutional investors will be able to buy gold fractional today just like bitcoin. Institutions and retail investors could collateralize that gold for their small business, buying a car, or land.