...The Dude abides. Sorry ol' Duder hasn't been so active the last half decade. As you all know (or not) the Dude only gets excited when it is worth getting excited for. Say goodbye to 2020 with saying goodbye to $20000. $BTCUSD #BTCUSD #Goodbye20000 #BTC #BITCOIN #BTCUSD #BTCEUR
Long term any currency, like $USD, that can be infinitely created will not stand the test of time.
Good long term monetary asset classes include most commodities that do not spoil. Gold, Bitcoin, Silver
Dude's thoughts are that soon the 50 day EMA will be moving above the 200 day EMA. Dude will buy as long as price does not go lower than $1300. In the last months we've seen some multi-year lows. We could move one more time lower, but the risk for this is lower as the summer comes to an end. Fundamentals for gold are still positive. More, forever, QE announced...