BTC to a new ATH – Black swans, grey rhinos, golden bulls, by Ronald Stöferle, World Gold Forum 2020

BLACK SWAN OR GREY RHINO?
In recent weeks, the news filled with Corona, experts and governments have been throwing around the term Black Swan. The #BlackSwan is a metaphor that describes an unpredictable, rare event that causes great harm. Ronald, on the other hand, is of the opinion that the corona virus is more like a grey rhinoceros. A rare but highly probable but neglected event.

CENTRAL BANKS AND GOVERNMENTS UNDER SCRUTINY
We are in the process of making history. Never before has there been a crisis in which so many monetary and fiscal interventions by central banks and governments have been made in such a short time. Ronald postulates that the central banks, as they have already announced, will do everything possible to prevent deflation. The markets and the people should therefore be prepared for anything. From unlimited quantitative easing, to ideas like the universal basic income.

GOLD ON THE RISE AGAIN
There is a general change in the markets. Gold has reappeared on the scene. Ronald shows how gold has done exactly what it is supposed to do. Stabilize your portfolio and protect your assets from a drastic decline in stock values. He also postulates that the gold price has already bottomed out.

#INFLATION OR #STAGFLATION
Even if it was in fashion to declare inflation dead, it seems to be returning. Ronald explains that our in-house inflation indicator shows that inflation could be about to make a comeback. The markets are unlikely to feel this until the curfew is lifted and there is suddenly much more money in the system.

GOLD STOCKS BACK IN THE BULL MARKET
The comparison between the Great Depression and now does not seem to limp. Ronald postulates a good environment for gold mining stocks, as was the case during the Great Depression.

THE GOLDEN FUTURE
#Gold has returned to the public eye. We are currently in the public participation phase. As Ronald explains that current climate, both by the massive interventions and the general crisis, are the perfect breeding ground for gold and commodities in general.

#btc #bitcoin #halving #greyrino