This is EXTREMELY BULLISH.
In less than 2 months, gold just went from $2,000 per oz to $2,441. The current estimation of above ground gold reserves is around 208,874 metric tones. Do some math, that's a current market cap of $16.39 TRILLION. It was $13.43 TRILLION in FEBRUARY. Gold's increased market cap is ALMOST DOUBLE of bitcoin's entire market cap and it made this move in less than 2 months.
Gold bugs have got most things right about the global economy, but have only failed to realize bitcoin's superiority. They are also almost always old and rich and don't really care about learning about bitcoin and how it's actually better than gold. The world is fleeing fiat. It is starting.
The money is out there and the smartest money is going to find bitcoin. Stay humble and keep stacking, the bull run is just getting started...
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