Our website r. T. Dot com well be back with your world news that day in an hours time but right now though the kaiser report shines a light on how bitcoin is affecting the gold market. Over there are nice guys or theres the. Guys report one year. Max you know theres one thing that you have been saying and quoted them many times in all the sort of Financial Media relating to bitcoin is that this black hole concept that. Queen is a black hole sucking in all these other investments. And it is quite ironic that gold is kind of the result of those sort of universal forces universe the forces of the universe rather than universal forces black holes explosion exploding stars all that sort of stuff because youre black hole that is called bitcoin a black hole. Black hole you know like and then all the route to. I was on the kona drink and some drink on my black hole say hey buddy whats going on is america repsol is a chart so slow mixed. My you referred to. The chart from zero head and its goin
Predictions max for twenty eight hundred for big question first lets call a price everybodys calling price people are up to a million two million some down zero between zero and two Million Dollars for twenty eighteen when do you see what ive been saying i dont really like to give press predictions because it sets up false expectations and gets into the peoples head decide if trading hit this number i want to trade it no i just just hold it keep holding it you know twenty eleven on the show i saw the price prediction was one hundred thousand dollars at some point brooke going simon it was three and so yeah i still think were going to hundred thousand dollars per coin and at that point all kinds of things are going to be changing in the Global Economy banks will be completely really architected to be in the image of the block chain and because the cryptocurrency is jamie diamond will be looking. For a new job Lloyd Blankfein will be you know doing some kind of remedial job somewhere pus
This rate will see this kind of trend continue as well so lets continue on bitcoin because it has a huge impact more than just the price. Weve seen a lot of volatility over the past few months but going into twenty eighteen what do you see the impact will be gold because youve said and others have said that you know this actually could help gold in the long run weve seen a lot of selling off of gold at the black hole of asset grab from other Asset Classes including gold what do you think the impact will be in twenty eighteen on gold the biggest problem with gold is structural cant get out of the locked environment its trapped in because of the derivatives contracts and the naked short selling from those who support the u. S. Dollar versus gold and structurally bitcoin will blow up those structures especially if Patrick Burns new platform zero launches. As were all of the back office settlement activities become redundant and this will open a path for gold to climb higher i think twenty
No i just just hold it keep holding it you know twenty eleven on the show i saw the price prediction was one hundred thousand dollars at some point were going at the time it was three and so yeah i still think were going to hundred thousand dollars per coin and at that point all kinds of things are going to be changing in the Global Economy banks will be completely really architected to be in the image of the block chain and because of crypto currencies jamie diamond will be looking for a new job Lloyd Blankfein will be you know doing some kind of remedial job somewhere pushing a broom you know that really will change pole dancing to the pole dancing at your local strip bar well i will offer a price prediction thats what im going to do so we saw that at the end of twenty seventeen davinci discovered eventually that had been undiscovered for a couple hundred years well it sold to the crown prince of saudi arabia for three bitcoin pete. Remember back in twenty eleven somebody bought two
Were going to hundred thousand dollars per coin and at that point all kinds of things are going to be changing in the Global Economy banks will be completely free architected to be in the image of the block chain and because of the cryptocurrency is jamie diamond will be looking for a new job Lloyd Blankfein will be you know doing some kind of remedial job somewhere pushing a broom you know the everything will change pole dancing hell be pole dancing at your local strip bar well i will offer a price prediction thats what im going to do so we saw that at the end of twenty seventeen davinci discovered eventually that had been undiscovered for a couple hundred years well it sold to the crown prince of saudi arabia for three bitcoin pizzas remember back in twenty eleven somebody bought two pizzas for ten thousand bitcoin that ended up being worth about one hundred forty. In dollars at the time the news emerged that the crown prince of saudi arabia had had but the defense for four hundred f