E o. 1 of bloom borer this is really amazing. So whats happening is that the value that goal possesses as a store of value is being diminished by bitcoin because bitcoin is a superior store of value in many, many, many ways as weve mentioned over the years. And so therefore, gold would be training more for its value as jewelry ornamentation or maybe some electronic is which would imply there are just a gold price of maybe 2 to 3 100. 00 an ounce, not 18 or 1900. 00 an ounce. And gold is the new aluminum. Wow. Thats like Robert Prechter style prediction, price prediction there that hes been predicting for the last, like 30 years. Well, i mean, if you look at so versus over has no longer been useful as a monetary metal. And the price has been lackluster to say the least. Gold is becoming very least the new silver, while bitcoin becomes the new gold, its really difficult to discern what is just for the store of value price movement. And what is all the money printing going on . Because th
Back in the late 1990 s. That it would get to 36000. Right. And that was famously a bad call because it crashed down to very far down after that. Well, the metrics that the government used for inflation are very skewed. So in other words, the stock market is reflecting inflation and the u. S. Dollar is experiencing a hyper inflationary collapse against big coins. And what these financial engineers have done like harry cohn and the others on wall street and around the world is they have financially engineer the world so that when they print the money, it doesnt go down the path toward wage growth. All those paths are cut off using Financial Engineering pretty much the wages dont go up and then they look at that and they say, look, theres no inflation, we better print more and then the wages dont go up anyway. Those, those people are still in poverty stricken, but oh, the asset prices of stocks, they keep on going up. We dont know why that is. It seems like an anomaly. We just made anoth
Very least the new silver, while bitcoin becomes the new gold, its really difficult to discern what is just for the store of value price movement. And what is all the money printing going on . Because there is a lot of money printing going on. I see that stephanie calton was recently tweeting that she was speaking with gary cohn, who is, you know, an insider, former Goldman Sachs guy whos, you know, becomes part of governments, especially democratic governments. And he says like, theyre ready to print 2 trillion immediately upon biden taken office, and then another 3 chile in the 1st year. Theyre also talking about a trillion in Debt Forgiveness for students who, you know, the stock markets also finally hit 30000. This was something that was predicted back in the late 1990 s. That it would get to 36000. Right. And that was famously a bad call because it crashed down to very far down after that. Well, the metrics that the government knew is inflation are very skewed. So in other words,
Prompting the government to take action. Public schools in new york city will close on thursday in an effort to contain soaring numbers of new coronavirus infections. The citys mayor bill de blasio said there would be a halt to in 1st and learning in schools. Do what he called an abundance of caution. Us Authorities Say boeings, a 737 max airliner will be allowed to fly again. If planes are fitted with new software and pilots are given special training. The jet was grounded after 2 crashes that killed nearly 350 people. Both accidents were caused by faults with the Flight Control system. The 20 month a grounding is the longest in commercial aviation history. This is g. W. News from berlin, follow us on twitter and instagram at news or visit our website. Did a view dot com. Today german lawmakers passed legislation that gives the government more Legal Backing for decisions aimed it protecting Public Health. In the pandemic, this includes social distancing, rules, facemask requirements,
Slaughterhouses. Thousands of people have been infected by the virus in germany to companies. Often the workers cant keep their distance at work, or in that commendations. Many of them have come from Eastern Europe for seasonal work. Some of these workers are employed by agencies that provide temporary staff and who dont shy away from dubious methods wage. Dumping long, working hours, fake documents, foreigners who sign contracts as hes in a workers are often vulnerable, like a group of young ukrainians who had been lured by the false promise of well paid illegal jobs. Our reporter traveled to advice and fields in eastern germany to find out more about this story. We 1st met next team. Our name for him. At the end of september, hes from a small target in western ukraine and works in the restaurant industry. But he wanted to earn more money. So he went online to find a job. In germany i found a ukrainian job agency. There they said the jobs were legal. They gave me papers so that i coul