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‘Enormous Wall of Money’ Coming Into Bitcoin, Price to Reach $1 Million in 5 Years, Says Raoul Pal
14.10.2020
Macro strategist Raoul Pal says the price of bitcoin will reach $1 million in five years. He attributes the price increase to adoption by large pools of investors and the “enormous wall of money” coming into bitcoin, rather than because “the world is collapsing.” $1 Million...
‘Bitcoin Beats Gold on Every Single Measure,’ Says Macro Strategist Raoul Pal
6.9.2020
Global Macro Investor CEO Raoul Pal has explained why he believes bitcoin is better than gold in every way. He proclaims that bitcoin is “the hardest form of money” and “the best reserve asset and best collateral asset ever seen.” Bitcoin Is ‘the World’s Best...
Visa Exec Says ‘Opt Out With Bitcoin’ Slamming Fed’s Policy Change Toward Inflation
29.8.2020
On Thursday, 17 top Federal Reserve officials explained that the committee plans to let inflation run hotter than usual, or above the benchmark 2% rate for a duration of time. Fed Chair Jerome Powell’s speech was considered a “major policy shift” and a number of economists...
Market Outlook: BTC Trend Targets $15K, Bitcoin Bull Raoul Pal ‘Irresponsibly Long’
10.8.2020
Cryptocurrency markets have been fluctuating quite a bit lately, as bitcoin and a number of crypto assets have been testing new resistance levels. The market valuation of the entire crypto-economy is hovering around $360 billion as a decent portion of the top twenty digital assets have gained 1-15%...
Only Bitcoin Outpaces G4 Central Bank Balance Sheet Growth
7.8.2020
Investment strategist Raoul Pal says bitcoin is the only asset with a growth rate that outpaced that of G4 central bank balance sheets. Pal says G4 central bank balance sheets have grown much faster than traditional safe-haven assets like gold. A founder and CEO at Global Macro Investor (GMI)...
Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low
31.7.2020
Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end...
The Greatest Wealth Transfer: Economists Predict the Emergence of New Bitcoin Millionaires, BTC Capturing 3% of Gold Market
27.4.2020
The global economy has been feeling the hardships from the mandated lockdowns various nation states have implemented during the last month and a half. Oil prices have dropped below zero for the first time in history, and economic powerhouses like the U.S. are starting to show cracks in the system....
‘Boomer Generation’ In for a Rude Awakening – Macro Economist Predicts $1M Bitcoin by 2025
24.4.2020
Just recently, a report from Global Macro Investor (GMI) called “The Unfolding” claims that the world is experiencing the biggest economic event that hasn’t been seen in the last 150 years. GMI’s CEO Raoul Pal authored the report and he strongly believes the digital asset...