The Credit Strategist

The Credit Strategist

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Bitcoin/Gold

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The Credit Strategist
Aug 23, 2024
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Bitcoin is back trading at $64,000 after Powell promised to keep debauching the dollar by lowering interest rates in September when there is no need to do so.

Gold traded up 1% to $2,549/oz today for the same reason.

All investors need to know when Bitcoin or gold dips is that central bankers spend every minute of every day running down the value of fia…

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