Thread by @wmiddelkoop

Entering a very dangerous part of the cycle ..

Getting very defensive personally ..

Main risk: CB’s losing control

#Crypto #JapanMMT #Fed

Cash is King #shortterm

Large part of crypto house of cards could well be at risk now .. worst case #Tether collapsing

Worst Macro case:

CB’s losing control (next few quarters/years)

This could give lead to:

A: deflationary collapse

Or, while trying to avoid this

B: hyperinflation

Bringing gold back into the system (gold revaluation) might help them to avoid A or B

Will discuss during a Kitco interview, here in Toronto, later today