31 Oct 2018 | Anthony Pompliano, Murad Mahmudov | Price when published: $6,319 (ROI since: +828%)

Filed under: investment   podcasts

EXCERPT

So here’s the thing. The total amount of wealth that is stored in currencies is artificially small. People … essentially, the system doesn’t want us, and doesn’t want people, to have a good robust unseizable store of value, because if that were to exist, then governments and central banks would lose a tremendous amount of seniorage privileges, because every time they print, they essentially enrich themselves at the expense of everyone else a little bit.
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If we had something like gold, or better yet, Bitcoin, then you could save your wealth and it would actually gain a little bit of purchasing power every year, without having to have this anxiety-riddled wave of activities that you need to do. It’s actually quite crazy how in today, I’m not even talking about the second or third world where this isn’t even an option, even in the first developed, civilized Western world, you have to create a diversified portfolio of equities, bonds, small caps, moonies, commodities, FX, derivatives sometimes, et cetera, just to preserve your wealth.

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