Gold in 1980 and 2011…
Bitcoin in 2014, 2017, or 2021…
Even GameStop shares in 2021…
If you see an asset going parabolic, it’s time to take money off the table.
There’s no telling when that parabola will stall out – and give back its gains.
Today, the obvious parabola? Well, it’s money itself:
Soaring money supply growth is screaming danger for fiat currencies (Source: Eric Yeung)
A spike in money supply typically occurs during a crisis. Not when the economic vibe is simply “uneasy” and bullish.
Today’s graph strips away delusion. A massive quantity of fiat money is propping up the stock market and global economy.
That’s a trend that cannot last.
~ Addison
P.S.: This surge in money supply growth explains why gold has also spiked.
The gold price this morning (Source: Google Gemini)
The Money Supply – M2 – makes up one of three causes we have identified for today’s record high gold prices. For the full research presentation on our forecast should current trends continue, click here.
P.P.S. “Bitcoin is more speculative than Ethereum,” declared Ian King on Grey Swan Live! yesterday. It was only one of the provocative statements he made while walking us through the wild west of crypto assets yesterday. Thank you, if you were in attendance. The full reply can be found on the Video Archives section of our website for Grey Swan members, here.
If you want to gain access to this video and more, click here for details.
Spoiler alert: The “use-case” for Ethereum as the backbone of a free market in tokenized assets is quite convincing. And compelling. You owe it to yourself to understand decentralized finance (DeFi) now. “It’s as powerful a disruptive innovation in banking as Netflix was to Blockbuster in the movie industry,” Ian asserts.
If you have any questions for us about the market, send them our way now to: feedback@greyswanfraternity.
