Janet Yellow against all

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Janet Yellow against all 2514_1

The start of the performance of Discussion Janet Yellen was expected to be associated with the problems of Bitcoin. The most popular cryptocurrency in the world has lost more than 10% of one speech by the US Treasury Secretary. Yelevlen negatively responded to cryptocurrency, but did not switch to actions yet.

Kripte flew over the laundering of income, and for terrorists, and for non-environmental friendliness. Scientists from the United States joined the negative wave and warned about the danger of Bitcoin for the land climate. They consider Bitcoin a real threat to humanity to a "zero emission level".

Given the places reached the absurdity. The idea that most people would not want to live in a society where cryptocurrency succeeds, because the major holders of BTC are "whales" will become the most rich people in the world, "competing with the kings and emperors who ruled empires in the past centuries." The fact that the state of the mask and a chance could not and dreamed of the kings of the past centuries, experts do not illuminate.

While the word did not eat the case, and the thunder did not hit, Bitcoin is actively returning to the maxima. Subjectively, it was a trial stone from Mrs. Yellen. Berries later. Now cryptoenthusists will be very nervously responding to the reports of the US Finance Minister. In my opinion, lovers to speculate Bitcoin should be out of active purchases before the following performances of the Treasury Chapter.

Janet Yellen's opinion about the need for a larger stimulus package met support from the President of the United States, and 1.9 trillion on the way. If the global economy was not tied to American currency, the dollar would be similar to the currency in Disneyland, which is no longer needed anywhere. And so please.

How does gold react to such devices? But in no way. I remember March 2020, when the decision to enter the purchase seemed logical. The metal then was resuridated by 13%, so as not to speculate. We look at gold now. It is minimize to the Americans, although a huge batch of dollar is going to the market. The market expectations that it is now kaaaak will requalify until it correlates with the interests of the United States. However, sewed in the bag do not hide, and there are other metals that deserve attention. Subjectively, copper and aluminum growth driver is not only the restoration of the economy.

Long-suffering euro. With all locked, the euro looks prettier than the blurred dollar. However, in front of the package of incentives, hedge funds reduce the position of the sale of dollar and shopping euros. They are hedge funds, in principle. Old good yen as a shelter is not interesting since the new year.

All this looks like a big pen, which caring the owner repairs, before running there. So that the lamb does not escape and did not turn into euros, gold or crypt. Old Macdonald Had A Farm. The rest is also not against anything HAD, but McDonald does not care.

Read Original Articles on: Investing.com

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