1 BITCOIN, 1oz GOLD or 1oz SILVER..??

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Recently I put out a Price Target for BITCOIN at +$1,000,000 and strangely enough it was not met with the barrage of abuse and ridicule I have experienced in the passed..!!

About four years ago I first started talking about how BLOCKCHAIN Technology was to be applied to the Global Financial DERIVATIVES Market and at first it was met by abuse, ridicule, and on a few occasions I was referred to as been stark raving bonkers..!!

At the time BITCOIN was around $200, GOLD was around $700 and SILVER was more or less where we are today at around $17.00.

It was at this point that I set Price Targets for GOLD and SILVER at $27,000 and $700 respectively and have maintained these prices ever since.

BITCOIN has never had a Price Target as I for one have strongly been saying that it has NO CEILING..!!

Anyone who is calling out Price Targets for BITCOIN at $3,000, $5,000, $10,000, $50,000....... are totally delusional when considering BITCOIN will is CAPPED at 21,000,000 coins.

DERIVATIVES ARE RUNNING THE SHOW

Anyone who thinks that we are in a "Free Market" are kidding themselves and I am sad to be the bearer of bad news. WE ARE NOT..!!

The "Free Market" ended in the mid 1980's with the advent of toxic Financial Derivatives that have since plagued the Global Financial System now for over +30 years.

Things however are about to change.

These garbage, worthless, sometimes referred as "Horse Manure" Derivatives will soon be placed on the BLOCKCHAIN and the results will be what they are..!!

SYSTEMIC RISK

Followers of my work who have followed me now for over the last +4 years on Twitter will tell you that I have been banging on about this point since 2013 and for the ones who have recently started to follow me I will repeat what I have been saying....

"There is not one person on the Planet smart enough to calculate the System Risk of a catastrophic failure of the Global Financial Derivatives..!!"

BLOCKCHAIN will..!!

So the next time someone asks which is cheap? 1 BITCOIN = $2,755, 1oz GOLD = $1,263 or 1oz SILVER = $16.84? Simply tell them... "....they ALL ARE..!!"

Thanks for reading.

Stephen