Latest / Simply Bitcoin / Gold Soars to $4,000 | VanEck Says $644K Bitcoin Next?! | Simply Originals

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Gold Soars to $4,000 | VanEck Says $644K Bitcoin Next?! | Simply Originals · Simply Bitcoin

• 0:00
  The global debasement trade just sent gold to $4000 and Peter
• 0:05
  Schiff is getting cocky calling again for bitcoins demise.
• 0:09
  I guess that's it, guys, Peter Schiff said.
• 0:12
  The top is in the time to pack it up.
• 0:15
  Are you out of your fucking mind?
• 0:17
  Could be early onset dementia, I don't know, but apparently Mark
• 0:21
  Moss and Jack Mahler's know we're just getting warmed up.
• 0:24
  The fundamentals are more bullish than ever despite being
• 0:27
  at all time highs. Gold and Bitcoin are leading
• 0:31
  together for the first time. And Vanek just said, sit down
• 0:35
  Peter, 644 K Bitcoin beckons. And this might be why there's
• 0:41
  only 21 million BTC. Most corporations, billionaires
• 0:45
  and even millionaires still have no exposure to Bitcoin.
• 0:48
  Nation states have yet to seriously begin accumulation.
• 0:53
  But wait, boom. Cynthia Lummis just dropped this
• 0:56
  bombshell and it means it could be game on it literally any
• 1:00
  moment. Giga Chad says get ready for the
• 1:03
  orange wave. And if we want to find out where
• 1:06
  Bitcoin is headed and why the US better move soon because when
• 1:10
  markets realize what is happening, well, let's just say
• 1:14
  Bitcoin could be massively underpriced.
• 1:17
  Maybe all This is why Larry think and their Bitcoin ETF are
• 1:20
  going absolutely ballistic right now.
• 1:23
  Strap in, we got a good one today.
• 1:25
  This could be the most bullish show in the history of mankind.
• 1:33
  The beginning is ending and the end is beginning.
• 1:38
  Look at the data. Look at the numbers.
• 1:40
  Do the math. It's all this all is.
• 1:42
  Wait, how much debt do they have?
• 1:44
  Huh. OK, wait.
• 1:46
  How many more bitcoins can we print?
• 1:48
  Oh, no more. This is it.
• 1:50
  Ah, yes, right. Number go up.
• 1:52
  I know that we're not used to things going all time high after
• 1:56
  all time high, after all time high after all time high.
• 2:00
  But this is the new normal. The dollar has to crash.
• 2:04
  It has to go down against assets.
• 2:06
  The debt is out of control. The post $1971 is dead.
• 2:10
  Guys, You can no longer ignore the charts.
• 2:14
  The charts are the truth. And if you've got golden Bitcoin
• 2:17
  leading for the first time in the assets history where they've
• 2:21
  been operating together, that screams fiscal emergency.
• 2:26
  In the 15 years Bitcoin has been around, golden Bitcoin have
• 2:30
  never been one and two. That screams a new monetary era
• 2:35
  that is a rotation out of the US dollar and US assets.
• 2:39
  Guys, I cannot put it any clearer.
• 2:42
  Stop listening to Tik tokers. Stop doom scrolling.
• 2:46
  With all the low testosterone out there, look at this chart.
• 2:50
  Bitcoin returns from 2010 to 2025.
• 2:52
  That's a 15 year track record, 15 years.
• 2:57
  Look at this chart holding Bitcoin.
• 3:01
  You've had three red years of 15.
• 3:06
  People ask me, dude, how do you do it?
• 3:08
  How do I do what win so much? You want to ask me a question?
• 3:12
  You're going to ask me how I just do green, green, green,
• 3:15
  green. And this is the highest that
• 3:16
  it's. Been It's ridiculous.
• 3:18
  Bitcoin has outperformed gold in the S&P 500 every single year.
• 3:24
  It's the scarcest thing you can own, and it's available to all
• 3:29
  of us. All of us have a ticket out.
• 3:32
  It's going mainstream now. We're the crazy people at the
• 3:35
  party that were right. Oh.
• 3:37
  Yeah, we're just getting started, baby.
• 3:38
  Now we all know Peter Schiff is strapping on his clown shoes,
• 3:43
  getting ready to go run some victory laps.
• 3:45
  But Van Heck just said don't break an arm yourself off,
• 3:49
  Peter. There's a new sovereign store
• 3:51
  value in town. Breaking news, Bitcoin is
• 3:54
  officially overtaking gold among younger generations.
• 3:58
  That's right, according to Vanek, one of the biggest asset
• 4:00
  managers on the planet, Bitcoin could soon capture half of gold
• 4:04
  store value market, which could send Bitcoin soaring to about a
• 4:08
  humble $644,000 per coin. Yeah, you heard that right.
• 4:13
  Peter Schiff 644 1000. You might want to sit down
• 4:18
  before your monocle falls off. Venex head of digital assets
• 4:22
  research Matthew Siegel says the writing's on the wall.
• 4:25
  Younger investors, especially across emerging markets, are
• 4:28
  ditching gold bars for digital scarcity.
• 4:30
  And as Siegel put it, surveys show younger consumers in
• 4:33
  emerging markets increasingly prefer Bitcoin for that role.
• 4:37
  So basically, the next generation looked at shiny rocks
• 4:40
  and said, cool story, grandpa. Bitcoin is ripping up 95% the
• 4:45
  last year, smashing through one 26 K, fueled by institutional
• 4:49
  inflows, political chaos, and good old fashioned Fiat decay.
• 4:54
  Vanek's not treating this like a speculative pump anymore.
• 4:57
  They're calling it a foundational shift in global
• 5:00
  finance, predicting that by 2050 Bitcoin could settle 10% of
• 5:04
  global trade and 5% of domestic transactions.
• 5:08
  Probably nothing. Peter Schiff's probably rage
• 5:10
  tweeting from his Rotary phone about how real money doesn't
• 5:14
  need electricity. What do you have, Peter?
• 5:16
  Neither do carrier pigeons, but we moved on from those two.
• 5:20
  Damn, maybe I need carrier pigeons.
• 5:22
  And whether you like it or not, an orange wave, it's coming.
• 5:25
  On Halloween, what color tie do you wear?
• 5:29
  Like we're all orange. It's the orange.
• 5:31
  It's. Always going.
• 5:32
  So even on Halloween, it's just an orange orangey or it's an
• 5:36
  orangey sky, Yeah. There's an orange wave coming
• 5:39
  and and every public company is going to be thinking about
• 5:43
  Bitcoin on their treasury because, you know, Bitcoin is
• 5:47
  digital money. What if Moore's law applies to
• 5:50
  money and and your capital is doubling every 18 months?
• 5:54
  That's what the Bitcoin treasury companies have have included.
• 5:57
  You've got between 37 trillion and 50 trillion reasons to buy
• 6:03
  Bitcoin, I think. Don't you probably come up with
• 6:06
  that? 37 in count, 37 trillion in
• 6:08
  counting. Bitcoin is the future.
• 6:13
  Bitcoin is the future and it's it's the opportunity for
• 6:16
  everybody. Speaking on those 37 trillion
• 6:19
  reasons why, going on to 50 trillion reasons why America
• 6:23
  could be on the move soon. Oh, there's still a lot more
• 6:26
  than what do you. Want.
• 6:28
  I think there's really three things that people are kind of
• 6:30
  paying attention to. The first is the United States
• 6:31
  of government at some point is going to announce that they're
• 6:33
  buying Bitcoin, creating the initial Bitcoin kind of
• 6:36
  strategic reserve and setting the Bitcoin that we already had
• 6:38
  there was good. But that's kind of the, you
• 6:41
  know, not the main dish. The main dish is when they start
• 6:43
  buying and I think that will happen at some point.
• 6:44
  Well, that announcement could be coming at any moment.
• 6:48
  Funding for America's strategic Bitcoin reserve can start
• 6:52
  anytime, thanks to President Trump.
• 6:54
  Yeah, you heard that right. the US could begin buying Bitcoin at
• 6:57
  any moment. And somewhere out there, Janet
• 7:00
  Yellen just fainted into a pile of Treasury bonds.
• 7:03
  And over a longer time horizon, how concerned are you about the
• 7:07
  potential impact of the dollar's status as the world reserve
• 7:11
  currency? It's been seven months since
• 7:16
  President Trump signed the executive order creating the
• 7:20
  SBR, and now we're finally getting real signs that this
• 7:24
  thing might actually be on the move.
• 7:26
  Speaking of moves, Larry Fink and BlackRock possibly know
• 7:30
  what's coming, and they're going absolutely 8 on the corn.
• 7:34
  Is Bitcoin massively underpriced?
• 7:36
  Larry LaPorte is about to bring it home, but before he does,
• 7:40
  look at our lights. Three or four times maybe.
• 7:42
  I pumped those numbers. Up.
• 7:43
  Those are rookie numbers in this racket.
• 7:45
  Let's take a quick second for our sponsors who keep this show
• 7:48
  on the air over at the Bitcoin way.
• 7:49
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• 7:52
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• 7:54
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• 7:58
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• 8:03
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• 8:06
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• 8:11
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• 8:33
  Oh yeah, looks like the global debasement trade is on boom.
• 8:38
  BlackRock bought $899 million of Bitcoin for its Spot Bitcoin ETF
• 8:43
  yesterday. They now hold over 798,000 BTC.
• 8:47
  Probably nothing. Hey, what was that old Uncle
• 8:49
  Larry said about not being surprised if Bitcoin hit 700K?
• 8:54
  You if you're frightened of your debasement of your, your, your
• 8:59
  currency at your, or you're frightened of your economic or
• 9:03
  political stability of your country, you can have an
• 9:07
  internationally based instrument called Bitcoin that will will
• 9:13
  overcome those local fears. And so I, I'm a, I'm a big
• 9:20
  believer in the utilization of that as a, as an instrument.
• 9:25
  And so if that becomes true and you want to and you see that it
• 9:29
  it, it, it, it is, it could be a proper hedge against maybe hope
• 9:35
  security or equities. The question is, could you see a
• 9:39
  2 or 5% allocation? I was with a sovereign wealth
• 9:43
  fund during this week and that was a conversation.
• 9:47
  Should we have a 2% allocation? Should we have a 5% allocation?
• 9:51
  If everybody adopted that conversation, you know it would
• 9:54
  be 500,600 thousand 700,000 for Bitcoin.
• 9:59
  Does it also? I'm not.
• 10:00
  I'm not promoting it by the way, so that is not my promotion or.
• 10:05
  The jig is up, the global debasement trade is on.
• 10:08
  What do you guys think? Kind of bearish, but will
• 10:11
  Bitcoin cross 150K in 2025? Let us know below.
• 10:16
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  see you there. Hope you guys enjoyed this one.
• 10:38
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• 10:44
  daily. I love you guys.
• 10:45
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• 10:49
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