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Gold Flashes Shocking WARNING Signals | The Great Bitcoin Rotation Has Begun | Bitcoin Simply · Simply Bitcoin

• 0:00
  Gold has been down for three months in a row, it's longest
• 0:03
  losing streak in four years. Russia's dumping gold.
• 0:06
  Turkey's dumping gold. But why?
• 0:08
  The precious metals markets were spooked by Kevin Wash being
• 0:11
  sworn in as new Fed chair. Analysts are predicting that the
• 0:14
  recent sell off in gold is a sign of more trouble to come.
• 0:17
  Today we're going to look at why you might consider dumping your
• 0:21
  gold coin. For the orange coin, this is
• 0:23
  Dante Coco Bitcoin. Simply, let's go.
• 0:29
  Hey, we've had thousands of you checking out our new launch,
• 0:33
  which is something huge we've been working on.
• 0:35
  We're almost done bugging you about it.
• 0:37
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• 0:40
  the wait list. We don't want you to miss it.
• 0:42
  Late last week, the US 30 year Treasuries reached their highest
• 0:46
  mark since 2007 as the bond market sold off.
• 0:49
  The markets are projecting high inflation and high inflation for
• 0:52
  a long time. And the market that this is
• 0:54
  impacting the most right now, gold, you can see the sell off
• 0:57
  in gold is highly correlated with the bond market sell off.
• 1:00
  And the gold market is pricing in the fact that the new Fed
• 1:02
  chair, Kevin Walsh is absolutely bearish for the gold market.
• 1:06
  Listen to what this analyst had to say about it.
• 1:08
  So Kevin Walsh, of course, is going to go town in history as
• 1:12
  the biggest hit job on the market for precious metals.
• 1:15
  His nomination was revealed just hours prior to the market for
• 1:21
  precious metals crashing. He was perceived as the most
• 1:26
  hawkish of the four possible nominees by President Trump.
• 1:31
  And of course, the bullion banks and the big New York City banks
• 1:36
  would all have been consulted, would all have been informed of
• 1:40
  President Trump's decision prior to the market knowing about it.
• 1:46
  And whatever they did, I don't know.
• 1:49
  But you know the timing of all of that activity and the slam
• 1:55
  down that occurred in terms of triggering all of the, you know,
• 2:01
  the stop loss orders in the market for gold, the market for
• 2:05
  silver, the market for gold and silver mining shares.
• 2:09
  The biggest hit job on the gold and silver markets of all time.
• 2:12
  That's a bold statement. And I think it's because Kevin
• 2:15
  Walsh has mentioned that his role as the lead of the federal
• 2:18
  chair or the United States Central Bank is not to
• 2:20
  manipulate markets anymore to reduce the role of the Fed.
• 2:24
  And what that means is there won't be a steady always, always
• 2:28
  demand buyer for gold like there has been for the past 10 or 15
• 2:31
  years. No one is buying real gold other
• 2:34
  than central banks at this point.
• 2:35
  The supply demand data around gold is questionable at best, as
• 2:39
  all of the gold markets are paper markets now with Trust Me
• 2:41
  Bro certificates on top of it. What's even in Fort Knox anyway?
• 2:45
  And if that doesn't get you thinking about rotating from the
• 2:48
  gold coin to the orange coin, we'll listen to this.
• 2:50
  Are you, are you on board? With with Bitcoin.
• 2:52
  I know Stan. Druckenmiller is now on board, I
• 2:55
  think, when we've talked about. Bitcoin in in the past, I think
• 2:59
  you you had a a perhaps a lesser view.
• 3:01
  I don't know if you have a different view today.
• 3:04
  So, so Stan calls me his partner, I call him my boss.
• 3:09
  One of us is lying, but I'll let you figure out who who's who in
• 3:12
  that, Andrew. So I'd say I think that Bitcoin
• 3:16
  does make sense as part of a portfolio in this environment
• 3:22
  where you have the most fundamental shift, for example,
• 3:24
  in monetary policy since Paul Volcker.
• 3:27
  This is a big shift that we're seeing under the Powell Fed,
• 3:30
  rightly or wrongly. So I'm not surprised in a period
• 3:33
  of dollar weakness where bitcoins doing what it's doing.
• 3:36
  And I'd also suggest that part of the move in Bitcoin is taking
• 3:40
  some of the bit away from gold. I think if Bitcoin never
• 3:43
  existed, gold would be rallying even more right now.
• 3:46
  But I guess guess if you're under 40, Bitcoin is your new
• 3:49
  gold. Bitcoin is your new gold.
• 3:52
  This was said by the new Fed chair and that's why some of the
• 3:54
  top analysts and thinkers think that now is the time to rotate
• 3:57
  out of gold into Bitcoin. Bitcoin is the new digital gold.
• 4:00
  But don't just take it from me. Let's start with the always
• 4:03
  bullish that you want with your coffee in the morning.
• 4:05
  With the most outlandish prediction about Bitcoin of all
• 4:08
  time, analyst Kathy Woods, Bitcoin is starting to
• 4:12
  outperform gold again. Gold peaked January 28th, the
• 4:16
  day that Walsh was announced as the next Fed chairman if
• 4:24
  Congress approves him, and he is slightly hawkish, so Bitcoin has
• 4:31
  been. Moving up relative to gold.
• 4:33
  That's interesting. She spotted the trend like we're
• 4:37
  seeing now. The Bitcoin to gold ratio is
• 4:39
  flipping, but not just in the short term.
• 4:40
  Here's why Bitcoin is better than gold for the long term.
• 4:43
  Bitcoin is a breakthrough in that it represents a bare asset
• 4:46
  in digital form. Bitcoin blends the fungibility,
• 4:49
  acceptability, divisibility, portability of the dollar, but
• 4:54
  also blends the element of gold, like store value, like the
• 4:58
  durability. And then it's going to last in
• 4:59
  code and on the blockchain forever.
• 5:01
  And even better than gold, it has a fixed supply and not just
• 5:05
  a limited supply. This This is why Bitcoin is
• 5:08
  superior technology. The real problem with gold is
• 5:12
  that unfortunately it has to centralized.
• 5:14
  The problem is that gold can't achieve transaction finality
• 5:18
  without the help of a government or a central party.
• 5:20
  Meaning that when gold was operating in a local economy and
• 5:24
  you can exchange the physical coins with your direct
• 5:26
  counterpart for your butcher, your local tailor, your grocer,
• 5:29
  whoever you were exchanging with, gold was great.
• 5:32
  When the world needed to scale an economy and the velocity of
• 5:35
  money larger than your local economy, gold failed US.
• 5:39
  Gold failed us because gold is just a bare physical metal.
• 5:42
  It does not carry a monetary network.
• 5:44
  What's the gold network? The gold network are human
• 5:46
  beings. And when you're trying to
• 5:48
  transact in an economy of billions of people globally, you
• 5:51
  are reliant on central parties, banks, governments.
• 5:53
  And it was for that reason that gold failed.
• 5:56
  And it failed in a way that you can't operate a truly free
• 5:59
  market when the concentrated supply is with those that you
• 6:03
  have to trust. And so that's fundamentally what
• 6:05
  Bitcoin solved is that you are able to create a scarce bearer
• 6:10
  instrument and a network that can achieve finality in
• 6:13
  transactional settlement without the reliance on any government
• 6:17
  or central party. And there's some of you thinking
• 6:19
  right now. Well, yeah, all the things that
• 6:21
  Jack Mueller talked about we can do with Poopoo coin or Solana or
• 6:24
  Etherium. Newsflash, you can take a look
• 6:28
  at this chart. There's only one of these coins
• 6:30
  and projects that has no pre mind supply that was given out
• 6:34
  to people other than you to pump their bags and there's only one
• 6:37
  that has a fixed supply, which is Bitcoin, meaning you can't
• 6:41
  deflate or inflate the amount of assets or tokens. 21,000,000 is
• 6:45
  21 million and we have to live with that reality and the fact
• 6:49
  that that is what's written in code and that's why I believe
• 6:52
  that Mark Cuban was wrong. If you watched my last episode
• 6:54
  and it's not just me, this is even from Adam Back, one of the
• 6:58
  Bitcoin Ogs and cypherpunks who was mentioned in the original
• 7:01
  Bitcoin white paper. Bitcoin is the new digital gold.
• 7:04
  A reasonable analogy for Bitcoin with digital gold is physical
• 7:08
  gold and it's market cap, which would see, you know, a 1.5
• 7:12
  million valuation if Bitcoin reached parity with that.
• 7:15
  I have a friendly bet with a fellow on Twitter from last year
• 7:19
  that Bitcoin could reach parity with gold by this end of this
• 7:24
  cycle, which is spring 2028. So about two years.
• 7:28
  We're about halfway through the two year Bitcoin halving cycle
• 7:33
  started much more in the Michael Saylor viewpoint that, you know,
• 7:37
  Bitcoin has a growing place in the world.
• 7:39
  Of course, it's short term volatile.
• 7:41
  As I say, a short term has periods of correlation with
• 7:46
  stock indexes, stock indexes. But in the bigger picture,
• 7:49
  you've got to bear in mind that it wasn't many.
• 7:53
  You know a couple of years ago that Bitcoin was a lot lower,
• 7:55
  like 10 times lower and things like that, right?
• 7:57
  Bitcoin was 10 times lower not too long ago.
• 8:00
  What Adam Back just said. And so if that's the case, why
• 8:03
  would you ever sell it? Well, you don't have to.
• 8:06
  If you ever want to borrow against your Bitcoin that you've
• 8:08
  stacked up, don't sell it. Borrow against it.
• 8:11
  Using a firm like Latin with institutional grade lending
• 8:14
  capabilities for bitcoiners, borrow up to 50% of the Bitcoin
• 8:18
  stack that you post onto their platform and get Fiat into your
• 8:21
  account in less than 6 hours. The application takes less than
• 8:24
  just two minutes and there's no credit check.
• 8:27
  The rates are about half of what you could do for a credit card,
• 8:29
  and you can pay it off or top it up at any time with more Bitcoin
• 8:32
  or just pay it out completely. Use the link in the description
• 8:35
  to never sell your Bitcoin. Borrow against it.
• 8:38
  And if something was so valuable that was down 10 times lower
• 8:41
  than it is today not that long ago, then you want to make sure
• 8:44
  that you protect it. It's an asset that has more
• 8:46
  value than you can imagine right now for your future heirs and
• 8:50
  future generations. Well, get a coach to teach you
• 8:52
  how to to do it the right way. That's why we partner with the
• 8:55
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• 8:58
  protection and privacy. They'll teach you how to run
• 9:00
  your own node and how to secure your keys in your wealth for the
• 9:03
  future. Use the QR code, the link in the
• 9:05
  description, or go to thebitcoinaway.com partner Dante
• 9:09
  Cook and they'll hook you up. If you don't think Kevin Walsh
• 9:12
  will be bullish for the markets and for Bitcoin in general,
• 9:15
  you're crazy. It will be obvious in hindsight,
• 9:17
  but President Trump is clearly looking at Kevin Walsh as a
• 9:20
  means to boost the market. He's already talking about it. 2
• 9:24
  So big, so important. I just turned on the television.
• 9:27
  I want to see how the stock market's doing.
• 9:29
  Today's stock market's up 600 points.
• 9:31
  That means they like you if they didn't like you.
• 9:41
  It's actually up to 50,702, so that's as of about 12 minutes
• 9:47
  ago. I won't notice, but I think it
• 9:48
  can only go up. I think with you it's only going
• 9:51
  to go up. That was a a number that nobody
• 9:53
  thought was reachable. During the bullish setup that we
• 9:55
  have underway right now is this every politician wants to get re
• 9:59
  elected and not have all of their work for the last four
• 10:02
  years wiped out. So what do they do?
• 10:04
  They try to appease and they try to please.
• 10:06
  That's bullish for Bitcoin in the next two years.
• 10:08
  Also, we have massive energy costs and high inflation
• 10:12
  potential, which means that we're going to have to either
• 10:14
  face the facts of high inflation that we have coming down the
• 10:17
  pipe or try to grow our way out with cutting rates.
• 10:20
  And that's what many believe that Kevin Walsh is going to do.
• 10:23
  And as we said before, the stocks have to keep going up.
• 10:26
  Listen to what James Lavish has to say.
• 10:28
  I think we're going to get through this period again, first
• 10:32
  principles are that this administration wants to have
• 10:34
  peace going into the summer because we've got a, an election
• 10:37
  coming up. He doesn't want to lose the
• 10:39
  election in the midterms. So he wants to have stable
• 10:42
  pricing, gas prices down, stock market, you know, hitting on all
• 10:47
  cylinders and and Bitcoin will just it will benefit from all of
• 10:51
  that. And so that's my expectation for
• 10:56
  the end of this year. And then once we regain 100,000,
• 11:01
  I think we, the March 125 is, is pretty expeditious.
• 11:04
  And then we, we bump around there for a little bit.
• 11:06
  But once we get through 125,000, you know, it's, it's again, it's
• 11:11
  blue skies until the next mental price point.
• 11:15
  A little bit 150, a little bit OF220250, who knows?
• 11:21
  You don't need a trillion dollars to pour into Bitcoin to
• 11:27
  double the price. Gold made its run.
• 11:30
  Digital gold is up next between 2028 and 2030.
• 11:33
  Gold is going to be at market parity in terms of market cap
• 11:37
  with Bitcoin. Kathy Wood thinks it's going to
• 11:39
  be between 1,000,000 to 1.5 million and so does Adam Back.
• 11:42
  Once we clear 100,000, like James Lavish just said, well,
• 11:45
  we're off to the races right now.
• 11:47
  All the signals are pointing to a Bitcoin breakout.
• 11:49
  Bitcoin is the best horse in the race.
• 11:52
  What is your time horizon? If you want great returns, zoom
• 11:55
  out. Listen to two of the greatest
• 11:57
  investors and thinkers of all time with Jeff Bezos and Warren
• 12:00
  Buffett for how they're thinking about the current moment.
• 12:03
  I once asked Warren Buffett, why don't more people copy your
• 12:05
  investment strategy? It's not that difficult to
• 12:08
  understand in principle. And he said, oh, Jeff, that's
• 12:10
  easy. My, my approach is a get rich
• 12:13
  slowly scheme. People don't like those and so,
• 12:18
  but there's a lot of truth in that for everything, which is if
• 12:20
  you can think in terms of seven years instead of three years,
• 12:24
  right, and you can defer gratification and think long
• 12:27
  term, that will give you a head start against all of your
• 12:30
  competitors because most people can't do that.
• 12:32
  Do you think the world would be more or less centralized in
• 12:35
  seven years? Do you think it will be more
• 12:36
  digital or more physical? Do you think more people will be
• 12:39
  buying and storing physical gold than Bitcoin?
• 12:42
  I think not. What do you think?
• 12:44
  We'd love to hear your thoughts more regularly as you comment on
• 12:47
  more videos because you subscribed and got notifications
• 12:49
  when they drop. And if you do believe that
• 12:52
  Bitcoin will continue to be digital gold moving forward,
• 12:54
  then you want to acquire it anyway by any means possible.
• 12:58
  That's not just buying Bitcoin or working for it or earning
• 13:00
  Bitcoin, but also mining Bitcoin.
• 13:03
  But don't do it yourself. Work with the team at SAS
• 13:06
  Mining. Give them your money, They'll
• 13:08
  give you a miner, they'll keep it up, they'll keep it repaired
• 13:10
  and they'll keep SAS flowing straight to your wallet.
• 13:12
  It's a no brainer. This is Dante Cook with Bitcoin.
• 13:14
  Simply happy stacking.