The ‘Banksters’ See Gold as a Major Problem and Why the Bottom for Bitcoin Is Near: Mark Yusko

Stansberry Research
500K subscribers

"Gold is a problem for the banksters, because gold has been a perfect store of value for 5,000 years," says Mark Yusko, Morgan Creek Capital Management founder and CEO. In part two of this interview, he tells our Daniela Cambone inflated stock prices remain extremely deceitful because, "your wealth is being stolen through this thing called inflation." The only thing that makes currency valuable, "is belief and custom," Yusko continues and remains critical of the U.S. dollar. He concludes by claiming that the current price of bitcoin is below its worth, and defines a crypto winter as: "the price exceeding its value."

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Chapters:

00:00 Gold price manipulation
5:22 How far away are we from the 'spring' of Bitcoin?
10:10 How will Celsius’s bankruptcy will bring down the price of crypto even further?