You Don't Buy Gold To Get Rich

You don't buy gold to get rich. You buy gold to stay rich. Most people who are buying Bitcoin are doing so to get rich. The problem with putting too much money into something that has the potential to make you rich is that it also has an even greater potential to make you poor.

Bitcoin: Supply & Demand Dynamics

The price of Bitcoin is set by supply and demand. The problem for Bitcoin HODLers is that the future supply of people who own Bitcoin and need to sell will exceed the demand from people who don't own Bitcoin and want to buy. All Bitcoin owners need to sell. No one needs to buy.

Fed Policy Has Failed To Produce Real Economic Growth

The Senior Economic Reporter on CNBC claims the weak jobs report vindicates Fed policy. It actually confirms the opposite. Fed policy has failed to produce real economic growth. April's anemic Jobs Report proves the Federal Reserve only succeeded in creating inflation and blowing bubbles.

Bitcoin & Gold

Gold falling and Bitcoin rising in the face of massive money printing doesn't mean Bitcoin has replaced gold as the preferred store of value. In reality, investors are not buying gold because they're not worried about inflation. They're confident the Federal Reserve has it under control.