Biases and they have to take another look at it. And then once you really look at, because like great value now is doing for the very 1st time, it really distressed about a fan for years without actually looking at it. And once you actually start looking at it, you fall into the rabbit hole and he realizes that a world of crumbling fear of money and boring gold that cant keep up. Hes got no choice, hes got no choice but to buy bitcoin. So now hes, hes about to make a big purchase. I saw some blocks trading today, probably is right. Dahlia bridgewaters worth hundreds of billions of dollars. Im sure hell put at least 5 percent of the fund into big quiet just to stay competitive with his peers. You said that back and june or so july, when Paul Tudor Jones 1st announced that he had gone into bitcoin and you said as an alpha guy that all the other hedge funds would have to follow him. So he got in back in march, april the 2nd quarter of this year then followed Stan Druckenmiller and even pr
Now they have financed raid alyea says he might be missing something about bitcoin. This is the learning curve of decline. People dismiss it, and then they notice the people around them getting rich. Like in this case, Paul Tudor Jones, whos also in connecticut stand up and druckenmiller, who was hugely Successful Hedge Fund guy. And they have to put away their biases and they have to take another look at it. And then once you really look at because i like great value now is doing for the very 1st time, it really distressed about a fan for years without actually looking at it. And once you actually start looking at it, you fall into the rabbit hole and he realizes that a world of crumbling fia money and boring gold that cant keep up. Hes got no choice, hes got no choice but to buy bitcoin. So now hes, hes about to make a big purchase. I saw some blocks trading today, probably is right. Dahlia bridgewaters worth hundreds of billions of dollars. Im sure hell put at least 5 percent of the
Rising futures open interest and investor flows and decline versus the same. Declining for gold indicate the cryptocurrency gaming an edge for price appreciation and our view, thats mike mcglone, e o 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 300 dollars 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 prices been lackluster to say the least. Gold is becoming very leas
And a surprising twist to the American Election results, donald trump gained more minority votes than 4 years ago, while joe biden seems to have won back more white males. We discuss the issue with our guests today. The politics, really its one thing donald trump is great, but show me that youre not great. Well, weve got to move forward into the future in that when we see each other beyond the color of anybody you skin plus israel is in talks with russia over the purchase of a sputnik, the coronavirus vaccine. We spoke to the c. E. O. Of israels top hospital, which has ordered over a 1000000 doses of russian is shot. Its currently in final testing. We are pretty sure the russian books, even the pieces you lose up to be destroyed. She couldnt do work. You need to do action because she was your world News Headlines for this hour. Ill be back with more at the top of the hour and i hope to see you then timex kaiser when we crossed the rubicon, lets ask stacey. Well, you know, max, i came u
Back in march, april the 2nd quarter of this year then followed Stan Druckenmiller and even probably about equal size hedge fund to Paul Tudor Jones, legendary as well as the last hedge fund standing. But of course, hes going to have to answer to his clients who are going to say, why shouldnt i pulled my money out of bridgewater, and give it to Paul Tudor Jones of stand talking miller, who are long bitcoin and seem to understand this new internet money plus raise havent horrible year is like down 18 percent or so, so hes clearly doing something wrong. He needs to get with the program. Well this program kais report educated somebody else. That is ricardo plea a go. Hes the 3rd richest man in mexico. He owns azteca t. V. We courted some reports at their studio and that was in 2015. You spoke to him, you told him to buy bitcoin. He now admits that he started to buy a bit quaint, soon after in 2016. And heres his tweet. This is the good that twitter translation office. Spanish today i reco