Frank Holmes: They Will Print $100 Trillion – Why to Buy Bitcoin & Gold
Bitcoin Magazine Frank Holmes: They Will Print $100 Trillion – Why to Buy Bitcoin & Gold Bitcoin miners hold the power and infrastructure AI needs. HIVE's Frank Holmes explains how mining sites and former Ethereum GPUs are fueling the AI boom. This post Frank Holmes: They Will Print $100 Trillion –
Source: Bitcoin Magazine
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DW NOTE
Holmes is pitching a portfolio of assets that have already collapsed. Gold is down 21% from January, silver down 47%, and he's calling it a hedge against money printing that allegedly happened during Covid — four years ago. If $40 trillion in stimulus was going to send these assets to the moon, it would have happened by now. Instead, the Fed just hiked rates for the first time this cycle and markets are pricing another hike at 70%. That's the opposite of monetary expansion.