Posts

Showing posts with the label silver

Bitcoin flippened silver and Saudi Aramco — are Google and Amazon next?

On Wednesday, the market capitalization of bitcoin exceeded Saudi Aramco, the world’s largest oil company. According to CompaniesMarketCap, a popular leaderboard that excludes many private assets, bitcoin ‘flippened’ the company for a few hours during Wall Street’s lunchtime.  That achievement came mere minutes after bitcoin surpassed a popular albeit imprecise measure of the world’s mined silver: 1,751,000 metric tonnes. Although bitcoin’s retracement to a $1.7 billion market cap on Thursday reinstated the $1.8 trillion Saudi Aramco to its higher rung, bitcoin is still higher than silver and very close to re-flippening Saudi Aramco. In any case, Bitcoiners are already looking past the oil giant and precious metal. Scanning toward the top of the list, they are seeking their next target to flippen . Historic moment: bitcoin's market cap just exceeded that of all the aboveground silver, the noble metal used as money for over 4,000 years. pic.twitter.com/4...

R. Kiyosaki warns about the ‘biggest market crash in world history’

As he continues to warn about the bad times coming for both the United States and the rest of the world, Robert Kiyosaki, entrepreneur, investor, influencer, and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has announced the “biggest market crash in the world history.” Specifically, Kiyosaki declared his preparedness “for the biggest market crash in world history,” as “a crash and possible Depression will make myself and those (…) prepared very, very, rich,” warning about the “3-Stooges running America,” according to his X post on August 14. Indeed, he was referring to the current U.S. Vice President Kamala Harris, the Treasury Secretary Janet Yellen, and the Federal Reserve Chair Jerome Powell, unflatteringly comparing the latter two with popular television characters, as well as telling his followers that “crashing can be a good thing” for those prepared for it. ...