In his July 11th subscribers only "Insiders Action Alert" video, Mike announced that he is now personally investing a small % into Bitcoin. He states that over time he sees a massive upside potential and that approximately 10% of his portfolio will be in BTC.
My guess is that Bitcoin could go above $2000 later this year or sometime before mid next year. It's funny how Mike originally came out all anti-Bitcoin, when Bitcoin was around $300. And now he's putting a percentage of his portfolio into it now it's over $600. I think he finally realised that Bitcoin could be the "Greatest wealth transfer", rather than gold and silver.
Yeah well I am happy to let that boat sail away. Call me old fashioned... I hope to be able to drive a car like this... Own a house like this... Grow my own food like this... And see the death of bitcon like this...
Baloney... Maloney is leaving the club too? First Schiff, now Maloney... we'll see Rickards, Rogers, ... everyone. A bunch of PM permabulls are now Bitcoin buyers.
Yes...I find it a supreme irony and unfortunately for me it undermines the principles they allegedly stood for.
All of these guys once wrote letters on paper and posted them through the mail. Now they all communicate with others on the internet in seconds rather than days. Times change and technology changes our lives. It certainly has for these guys. They still have large quantities of gold and silver but realise there is more to life when it comes to value and what ppl want....but they love the internet too no doubt, and what it has done for their businesses and lives.
So is bitcoin doomed as well then ? I mean what will all you Maloney bashers do if bitcoin goes for another run and Mike Maloney was right ? :lol:
I wasn't aware that silver was doomed? Don't know about bitcoin being doomed either? I was just implying that Baloney is full of it so I don't give what he says any credibility either way.
