😮 MOST INSANE BITCOIN PRICE PREDICTION EVER! $1.3 M PER COIN | XRP RIPPLE STOCK | REEF COIN UPDATE

😮 MOST INSANE BITCOIN PRICE PREDICTION EVER! $1.3 M PER COIN | XRP RIPPLE STOCK | REEF COIN UPDATE - In this video, we discuss Bitcoin, Reef Coin and XRP News today, crypto news today, and more. - In this video, we discuss XRP News today, crypto news today, and more.
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Fund managers at VanEck looked at how this new landscape will impact financial markets and the makeup of reserve currencies as nations look to diversify their holdings. Taking the current trend to an extreme conclusion, Natalia Gurushina and Eric Fine, the authors of the latest report, see significant upside for Bitcoin and gold.

"The bottom line is that the upside for gold and Bitcoin is potentially dramatic. Specifically, the framework estimates gold prices of around $31,000 per ounce and potential Bitcoin prices of around $1,300,000 per coin," the analyst said in their report. " Precious metals are the original reserve asset, but cryptocurrencies are a possible addition/replacement/portion."

Gurushina and Fine noted that this is the first time in recent history that significant economic sanctions have been placed on a world power.

"Something big has happened, and we are attempting to quantify its impact," the analysts said. "China is watching and sees a U.S./Eurozone/Japan that has gone 'nuclear'in its economic war with Russia. 'Stories'about the future of money are interesting, but if one agrees that this is a potentially new paradigm, an attempt at quantification is needed.

VanEck developed its gold and bitcoin price scenarios by comparing current gold reserves with the global money supply: M0 and M2. The asset management firm noted that there are a lot of central banks that don't hold any gold. For example, the implied price of gold in Japan would be nearly $200,000. For the United Kingdom, the implied gold price would be more than $133,000.

News Article Here- https://www.kitco.com/news/2022-04-05/VanEck-sees-extreme-scenario-where-gold-is-31K-and-Bitcoin-is-1-3-million.html

Enjoy the video! Stay safe everyone. LET'S GO!!!!!
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