Will Bitcoin Be Money? Why Bitcoin Is the Best Cryptocurrency | Tone Vays

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Just in the last few weeks, Bitcoin has risen significantly. But Tone Vays tells Silver Doctors Bitcoin has to rise above $12,000 in order to end the downtrend. But in the long term, he is bullish on Bitcoin and believes Bitcoin is the only cryptocurrency that will survive.

Vays says there is room for only one cryptocurrency in the future. If there were more than one then the energy usage would be split across the multiple blockchains and each blockchain would be less secure.

Will Bitcoin be money in the future? Vays is hopeful Bitcoin will serve as money that increases in value along with technological advancement.
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BIGGEST EVENT IN A GENERATION | Jim Willie on Metals & Markets

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Jim Willie tells Elijah Johnson and James Anderson the launch of the gold and oil Yuan contracts is the most important financial event in a generation.

The Chinese want their own place in global finance. No longer does the dollar have a monopoly on oil. “This is the end time for the Dollar’s dominance.” China is moving away from the U.S. not solely by leaving the Dollar, but also through the trade conflict.

Willie predicts China will demand the Saudi’s sell oil in RMB terms. This will be a “knife in the heart of the Petrodollar.”
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Worldwide Debt Default | Michael Pento

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The yield curve will invert, leading to a shrinking of the money supply, and a recession later this year, Michael Pento of Pento Portfolio Strategy tells Silver Doctors.

He says bonds currently are the “most mispriced assets in the history of the world.” He sees a world wide default on debt coming.

The stock market is also in trouble. There is a confluence of events coming in the fall that will lead to a bear market like we haven’t seen in a decade.

How can small or medium investors navigate the coming crises? Stay tuned to find out!
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Rick Rule: Bond Bull is OVER

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President of Sprott US Holdings Rick Rule says geopolitical tensions between the U.S. and Russia have given investors an excuse to buy gold and silver.

He says it’s clear the long term bull market on the U.S. Treasury is over. This should mean we are at the beginning of the bull market in gold.

Silver also especially looks bullish. Silver shorts on the COMEX are at extreme levels. Rule says this is bullish.

Other assets he likes are water related investments, high quality farm land, agricultural minerals, and the Uranium business.

As for emerging markets, Rule is optimistic about Russia. He explains that in the future there may be opportunities in Congo.
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