No. of Recommendations: 6
Jeff wrote, "Something which you didn't mention which is also at an all-time high is Bitcoin when you were discussing assets which could be used with margin to keep the balloon inflated."
Actually, I did mention bitcoin. I also added IBIT, the largest bitcoin ETF, to the Control Panel.
Jeff wrote further, "(Who abashedly admits to never owning any bitcoins and still doesn't "get" why they should be worth anything)"
I'm with you there. All cryptocurrencies are inherently speculative. Like gold, they don't produce interest or dividends and can't be used as currency to buy stuff. Unlike gold, they do not have a physical existence and could evaporate into the ether in the event of an electronic interruption like another Carrington event.
Wendy
