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But we saved everything 🙂.
BOE signals gilts becoming worthless and urges shift to crypto and gold, Macroscope warns
Macroscope, industry influencer, criticizes recent actions by the Bank of England, suggesting that the institution is effectively signaling that U.K. government bonds, or gilts, are becoming worthless.
Macroscope warns followers not to be left holding the bag, instead recommending a shift to Bitcoin and gold as alternative stores of value.
James Van Straten recently noted that a drop below $60,000 would put over half of all Bitcoin at a loss, historically marking bear market lows, according to his analysis. In a separate post, Van Straten reported that Bitcoin recorded fewer down days than TLT, the S&P 500, and gold since the war began, as detailed here. These observations come as some market commentators promote alternative assets over traditional government bonds.
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