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Bitcoin is Compromised and Lost Its Way; Gold and Silver are the Only Sound Money – Ted Butler
Join Daniela Cambone at PDAC for a riveting discussion with Ted Butler of The Morgan Report. Butler contends that Blackrock's Bitcoin ETFs compromise the essence of Bitcoin, citing its fixed supply versus the derivative nature of ETFs. He emphasizes the enduring value of gold and silver as sound money, contrasting them with Bitcoin's speculative nature. Butler also warns of China's economic woes and their potential impact on the U.S. economy. Tune in for insightful analysis and valuable perspectives on finance and global economics.
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"ITM did a great job of educating me on the history of the dollar, the financial markets, the banks, gold, and the laws so that I had a better understanding of things." - Kristen W.
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📖 CHAPTERS:
00:00 Ted’s background
2:10 What drew Ted to gold/silver?
3:14 Bitcoin is compromised
4:09 Bitcoin investment
4:31 Gold/silver
5:32 BRICS/China
6:42 PDAC takeaway
7:22 CBDCs
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For more than 28 years, Phoenix-based ITM Trading has been a nationally recognized organization for trusted, data-backed research and investor education in the precious metals industry. They strategically assist clients nationwide, specializing in the different functions that physical gold and silver products provide in a diverse portfolio. ITM Trading’s mission is to give investors the knowledge, analysis, and lifetime strategies they require to confidently navigate the intricate monetary policies that restrict economic freedoms. They help build each client a custom portfolio designed to protect and grow their wealth and assets during economic downturns, hyperinflation, and currency resets.
Disclaimer: The views, opinions, and financial recommendations expressed in this video are solely those of the guest and do not necessarily reflect the views of ITM Trading. ITM Trading is not responsible for any financial decisions made based on the content provided in this video.
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#gold #TedButler #economy
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