A large extent because it is so more functional than passing a bar of gold around, but this is a remarkable statement because weve heard the argument that big calling his goal to point out that its a prayer to gold. But that has come from the internet from social media, from heterodox thinkers like ourselves. Its not come from a 7 trillion dollar managed fund like blackrock and were hearing it from other folks like Paul Tudor Jones stent arthur miller. And although theres 100. 00 trillion dollars out there looking for a home as part of a managed money environment, they are 7 percent of that 100 trillion dollars of only one or 2 or 3 percent of that money goes into bitcoin. That means the price triples overnight. So im going to ask you a question because i want to try to elicit an answer that you gave to me on the magical crypto conference in our special this weekend about black rock. I asked you about the fact that black rock is the Number One Company to reference your patent on virtua
I think that is a good question because you know, more and more billionaires around the world are getting into big queen and massive sort of Asset Management. Companies like black rock are getting into big so max keiser this week, you tweeted a serious bequests. Shortage is developing a supply on exchange, dries up prices will start gapping higher looking for sellers. What do you mean by this . Max guys are but a member of the peak oil or peak gold arguments that were running out of oil or are running out of gold. That of course, is not true, but in the case of bitcoin because it is absolutely scarce and because the demand is approaching infinity, we are potentially hitting peak bitcoin, where it will become increasingly impossible for the average mom and pop to acquire bitcoin. Because all the 900. 00 coins per day that are generated through mining will be sucked up by the institutions and will never hit the market. And of course, what does hit the market every single day is new, fres
Child for antitrust how it could become the post posterchild for a market pullback time to risk less. Theres a growing sector of the bank any time theres a growing activity in the banking seccer it to could be time to take a breath carter thats right, with the bump up in rates, regional banks have come back to life in a big way theres been m a in the Asset Management space so were going to look at some of these areas of the market in relation to the republican and zero in on blackrock the first chart you have three lines even though it looks like two. The top line is the s p. The threeyear chart, s p up 38 . The two other lines are tightical and two separate Industry Groups in the s p the first is s p 500 investment banks and brokers, thats goldman sachs, Morgan Stanley and others and the other is s p 500 Asset Managers and trust banks, things like t. Rowe, blackrock, invesco, state street and so forth imagine on a threeyear basis having no gains. Look at a chart since the financial cr
Often focusing on test positive, accurately so. We have seen this number come up from what ha been below 3 just weeks ago to now a 14 positive o14 positive of 5 and a 7 day up to 5. 6 . We have a goal to keep this as low as possible, continue to test the communities to find cases to wrap around the cases, avoid one case becoming many. This number is one of caution and one that intense identifies our inintensifies our role. We knew we were at 3. 3 a few weeks ago. It has risen nearly 52 increase in the past two weeks. I know it feels like its just a small difference between 3. 3 to 5 but its a significant difference in the increase which is when we focus open not justin creases in rates but this idea of rate of rise in two weeks to have a 52 increase is quite concerning to us across the state. Hospitals, we talked to you about hospitals all the time that we know that 12 of todays cases will be in the hospital in two to three weeks. That helps put these numbers in context. We have seen a
Climaxed kaiser, this is the kaiser report. Have we hit peak bitcoin . That is a good question because you know more and more billionaires around the world are getting into big coin and massive sort of Asset Management Companies Like black rock are getting into big quine. So max keiser this week, you tweeted a serious big question is developing a supply on exchange, dries up prices will start gapping higher looking for sellers. What do you mean by this max kaiser . Well remember the old peak oil or peak gold arguments that were running out of oil or running out of gold. That of course, is not true, but in the case of bitcoin, because it is absolutely scarce then because the demand is approaching infinity, we are potentially hitting peak bitcoin, where it will become increasingly impossible for the average mom and pop to acquire bitcoin. Because all the 900. 00 coins per day that are generated through mining will be sucked up by the institutions that will never hit the market. And of co