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Several web links related to this topic
Posted By: NaturalWisdom Date: Monday, 11-Mar-2024 20:33:14
www.rumormill.news/237608
In Response To: Mike Stone (via Makow.com): Bitcoin is Midwife of CBDC's (NaturalWisdom)
The Director
@TheDirector
*** BITCOIN "BULL RUN" IS THE FINAL GAME TO SELL TO THE RUBES ***
https://coinmarketcap.com/community/profile/TheDirector/
While the big names warned you a crash was coming months ago and their friends got out of the market, most of the rubes did not.
"Smart Money" is OUT
"Dumb Money" is still in and trading like normal. The recent spike in gold was a little warning
The Bitcoin scam market is selling Bitcoin to the rubes at all time high prices.
I can prove what I am saying. Go to Miners Profitability
An Ode to the Shoeshine Boy
Justin Gabriel | Pitzl Financial
Feb 17, 2023
https://www.pitzlfinancial.com/blog/ode-shoeshine-boy
In 1929, at the height of an economic boom in America, Joseph Kennedy Sr. (father of JFK) was working as a stockbroker on Wall Street. As the story goes, Joseph was walking around when he decided to sit down for a shoeshine. While polishing his shoes, the young worker gave Joseph some of his favorite stock picks. When Joseph heard the shoeshine boy giving out stock tips, he figured the party was about to end, and it was time to get out of the market. Joseph proceeded to exit his positions in the market and bought short positions that bet on the market going down.
"Irrational exuberance"
- quote from Alan Greenspan, former Federal Reserve Board chairman 1987-2006
"This time is different"
Eight Centuries of Financial Folly
by Carmen M. Reinhart & Kenneth S. Rogoff
Princeton University Press © 2009
https://www.economist.com/media/pdf/this-time-is-different-reinhart-e.pdf
“Stock prices have reached what looks like a permanently high plateau,”
- Yale economist Irving Fisher (1929)
https://time.com/3207128/stock-market-high-1929/
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