Bob Moriarty: Get Ready For A Cascading Default From The Crypto Crash

Posted by Bob Moriarty via Energy & Gold Ltd.

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bitcoinafter180118

bitcoinafter180118

Chart from Clive Maund

Bob Moriarty, founder of 321gold, has been adamant about Bitcoin and cryptocurrencies being the biggest bubble we’ve ever seen. He has been incredibly accurate in our recent conversations, calling Bitcoin a bubble that had burst in our last conversation on December 22nd, even offering a prescient quote “the bubble has popped but most people don’t know it yet.”

He hasn’t become any more optimistic on cryptos in the last few weeks, in fact he sees a much deeper decline coming and this time Bob offers somewhat surprising advice to investors given his usual bullishness on precious metals.

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