Are you paying attention?
Study Bitcoin.
BULLISH: Bank of America ranks Bitcoin with the printing press, steam engine, light bulb, and internet as a once in a millennium technology. | Labib Ben Mimoun
BULLISH: Bank of America ranks Bitcoin with the printing press, steam engine, light bulb, and internet as a once in a millennium technology. 👀
US Case Shiller Home Price Index at all-time highs. XHB broke a monthly swing low and is now testing the local 50%. DR Horton broke a monthly swing low and hasn’t even come close to testing its local 50%. Lennar is even worse off, breaking 2 monthly swing lows. Pulte is down 25% from its high.
Looks like the 18.6-year Real Estate cycle is certainly in its “winners curse” phase.
Study history. Study Real Estate./
The house didn’t change, the money did.
No longer backed by gold, the government had free reign to print as much money as they pleased.
Do you get it? They’ll keep printing forever and the value of the money you’re working for will continue to go to zero.
Study Fiat. Study Bitcoin.
Did the house go up in value? | Adrian Cercenia/
Them: Bitcoin is a bubble.
Me: Look at this chart.
Them: Exactly.
Me: You know that’s the chart for eggs, right?/
