Advertisement
AD

Main navigation

Error message

  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3178 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h261">Expect a blow-off dollar </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h364">Cash is king, cash is dead</a></li></ul>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    Former hedge fund manager and Real Vision Group <a href="https://u.today/two-major-investment-fund-ceos-make-opposite-bets-on-bitcoin-btc">Raoul Pal</a> has just voiced his prediction that the U.S. Dollar (USD) is going to “explode higher” when the Federal Reserve makes interest rates negative.&nbsp;&nbsp;
    
    
    
    However, it doesn’t mean that he has changed his bullish stance on Bitcoin (BTC) and gold (XAU).&nbsp;
    
    <blockquote class="twitter-tweet">
    I know its not a popular view, but I don't see any way that the dollar doesn't explode higher and US rates don't go negative...I think they go hand in hand and it's coming soon..
    
    Yes, and Im still bullish bitcoin and gold. Also not mutually exclusive.
    — Raoul Pal (@RaoulGMI) <a rel="nofollow" target="_blank" href="https://twitter.com/RaoulGMI/status/1252423588348493826?ref_src=twsrc%5Etfw">April 21, 2020</a></blockquote>
    
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Expect a blow-off dollar&nbsp;
    
    While Pal agrees that the U.S. dollar is dying by “death of thousands of cuts,” he foresees that a blow-off top is coming before the demise of greenbacks.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    
    When global stocks and cryptocurrencies were violently crashing in mid-May, investors rushed to the U.S. dollar in search of safety. The demand was so high that banks were running out of banknotes.&nbsp;&nbsp;&nbsp;&nbsp;
    
    On March 20, the dollar index (DXY), which stacks up the U.S. against six major fiat currencies, reached 102.98, its highest level since January 2017.
    
    This came just four days after the Fed cut interest rates <a rel="nofollow" target="_blank" href="#">to nearly zero</a>&nbsp;on March 16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Cash is king, cash is dead
    
    As <a rel="nofollow" target="_blank" href="#">reported by U.Today</a>, Pal opined that the dollar, gold, and Bitcoin made “the most sense” for investors during the pandemic.&nbsp;&nbsp;
    
    Mark Yusko of Morgan Creek Capital explained that <a rel="nofollow" target="_blank" href="#">cash is king</a> during liquidity squeezes, but it would not manage to hold on to its throne for much longer.
    
    This is why, in the long-term perspective, only Bitcoin and gold will save the day, according to Pal.&nbsp;&nbsp;
    ') (Line: 1145)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
    __TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 62)
    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
    Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
    Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
    Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
    Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
    Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    
  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3181 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h261">Expect a blow-off dollar </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h364">Cash is king, cash is dead</a></li></ul>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    Former hedge fund manager and Real Vision Group <a href="https://u.today/two-major-investment-fund-ceos-make-opposite-bets-on-bitcoin-btc">Raoul Pal</a> has just voiced his prediction that the U.S. Dollar (USD) is going to “explode higher” when the Federal Reserve makes interest rates negative.&nbsp;&nbsp;
    
    
    
    However, it doesn’t mean that he has changed his bullish stance on Bitcoin (BTC) and gold (XAU).&nbsp;
    
    <blockquote class="twitter-tweet">
    I know its not a popular view, but I don't see any way that the dollar doesn't explode higher and US rates don't go negative...I think they go hand in hand and it's coming soon..
    
    Yes, and Im still bullish bitcoin and gold. Also not mutually exclusive.
    — Raoul Pal (@RaoulGMI) <a rel="nofollow" target="_blank" href="https://twitter.com/RaoulGMI/status/1252423588348493826?ref_src=twsrc%5Etfw">April 21, 2020</a></blockquote>
    
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Expect a blow-off dollar&nbsp;
    
    While Pal agrees that the U.S. dollar is dying by “death of thousands of cuts,” he foresees that a blow-off top is coming before the demise of greenbacks.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    
    When global stocks and cryptocurrencies were violently crashing in mid-May, investors rushed to the U.S. dollar in search of safety. The demand was so high that banks were running out of banknotes.&nbsp;&nbsp;&nbsp;&nbsp;
    
    On March 20, the dollar index (DXY), which stacks up the U.S. against six major fiat currencies, reached 102.98, its highest level since January 2017.
    
    This came just four days after the Fed cut interest rates <a rel="nofollow" target="_blank" href="#">to nearly zero</a>&nbsp;on March 16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Cash is king, cash is dead
    
    As <a rel="nofollow" target="_blank" href="#">reported by U.Today</a>, Pal opined that the dollar, gold, and Bitcoin made “the most sense” for investors during the pandemic.&nbsp;&nbsp;
    
    Mark Yusko of Morgan Creek Capital explained that <a rel="nofollow" target="_blank" href="#">cash is king</a> during liquidity squeezes, but it would not manage to hold on to its throne for much longer.
    
    This is why, in the long-term perspective, only Bitcoin and gold will save the day, according to Pal.&nbsp;&nbsp;
    ') (Line: 1145)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
    __TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 62)
    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
    Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
    Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
    Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
    Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
    Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    
  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3178 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h261">Expect a blow-off dollar </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h364">Cash is king, cash is dead</a></li></ul>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    Former hedge fund manager and Real Vision Group <a href="https://u.today/two-major-investment-fund-ceos-make-opposite-bets-on-bitcoin-btc">Raoul Pal</a> has just voiced his prediction that the U.S. Dollar (USD) is going to “explode higher” when the Federal Reserve makes interest rates negative.&nbsp;&nbsp;
    
    
    
    However, it doesn’t mean that he has changed his bullish stance on Bitcoin (BTC) and gold (XAU).&nbsp;
    
    <blockquote class="twitter-tweet">
    I know its not a popular view, but I don't see any way that the dollar doesn't explode higher and US rates don't go negative...I think they go hand in hand and it's coming soon..
    
    Yes, and Im still bullish bitcoin and gold. Also not mutually exclusive.
    — Raoul Pal (@RaoulGMI) <a rel="nofollow" target="_blank" href="https://twitter.com/RaoulGMI/status/1252423588348493826?ref_src=twsrc%5Etfw">April 21, 2020</a></blockquote>
    
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Expect a blow-off dollar&nbsp;
    
    While Pal agrees that the U.S. dollar is dying by “death of thousands of cuts,” he foresees that a blow-off top is coming before the demise of greenbacks.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    
    When global stocks and cryptocurrencies were violently crashing in mid-May, investors rushed to the U.S. dollar in search of safety. The demand was so high that banks were running out of banknotes.&nbsp;&nbsp;&nbsp;&nbsp;
    
    On March 20, the dollar index (DXY), which stacks up the U.S. against six major fiat currencies, reached 102.98, its highest level since January 2017.
    
    This came just four days after the Fed cut interest rates <a rel="nofollow" target="_blank" href="#">to nearly zero</a>&nbsp;on March 16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Cash is king, cash is dead
    
    As <a rel="nofollow" target="_blank" href="#">reported by U.Today</a>, Pal opined that the dollar, gold, and Bitcoin made “the most sense” for investors during the pandemic.&nbsp;&nbsp;
    
    Mark Yusko of Morgan Creek Capital explained that <a rel="nofollow" target="_blank" href="#">cash is king</a> during liquidity squeezes, but it would not manage to hold on to its throne for much longer.
    
    This is why, in the long-term perspective, only Bitcoin and gold will save the day, according to Pal.&nbsp;&nbsp;
    ') (Line: 1145)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
    __TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 62)
    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
    Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
    Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
    Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
    Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
    Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    
  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3181 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h261">Expect a blow-off dollar </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h364">Cash is king, cash is dead</a></li></ul>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    Former hedge fund manager and Real Vision Group <a href="https://u.today/two-major-investment-fund-ceos-make-opposite-bets-on-bitcoin-btc">Raoul Pal</a> has just voiced his prediction that the U.S. Dollar (USD) is going to “explode higher” when the Federal Reserve makes interest rates negative.&nbsp;&nbsp;
    
    
    
    However, it doesn’t mean that he has changed his bullish stance on Bitcoin (BTC) and gold (XAU).&nbsp;
    
    <blockquote class="twitter-tweet">
    I know its not a popular view, but I don't see any way that the dollar doesn't explode higher and US rates don't go negative...I think they go hand in hand and it's coming soon..
    
    Yes, and Im still bullish bitcoin and gold. Also not mutually exclusive.
    — Raoul Pal (@RaoulGMI) <a rel="nofollow" target="_blank" href="https://twitter.com/RaoulGMI/status/1252423588348493826?ref_src=twsrc%5Etfw">April 21, 2020</a></blockquote>
    
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Expect a blow-off dollar&nbsp;
    
    While Pal agrees that the U.S. dollar is dying by “death of thousands of cuts,” he foresees that a blow-off top is coming before the demise of greenbacks.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    
    When global stocks and cryptocurrencies were violently crashing in mid-May, investors rushed to the U.S. dollar in search of safety. The demand was so high that banks were running out of banknotes.&nbsp;&nbsp;&nbsp;&nbsp;
    
    On March 20, the dollar index (DXY), which stacks up the U.S. against six major fiat currencies, reached 102.98, its highest level since January 2017.
    
    This came just four days after the Fed cut interest rates <a rel="nofollow" target="_blank" href="#">to nearly zero</a>&nbsp;on March 16.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Cash is king, cash is dead
    
    As <a rel="nofollow" target="_blank" href="#">reported by U.Today</a>, Pal opined that the dollar, gold, and Bitcoin made “the most sense” for investors during the pandemic.&nbsp;&nbsp;
    
    Mark Yusko of Morgan Creek Capital explained that <a rel="nofollow" target="_blank" href="#">cash is king</a> during liquidity squeezes, but it would not manage to hold on to its throne for much longer.
    
    This is why, in the long-term perspective, only Bitcoin and gold will save the day, according to Pal.&nbsp;&nbsp;
    ') (Line: 1145)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
    __TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 1002)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 62)
    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
    Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
    Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
    Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
    Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
    Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    

Investor Raoul Pal Bullish on Bitcoin (BTC), Gold (XAU)... And US Dollar (USD)

Advertisement
Tue, 21/04/2020 - 6:02
Investor Raoul Pal Bullish on Bitcoin (BTC), Gold (XAU)... And US Dollar (USD)
Cover image via www.youtube.com
Read U.TODAY on
Google News
Contents
Advertisement

Former hedge fund manager and Real Vision Group Raoul Pal has just voiced his prediction that the U.S. Dollar (USD) is going to “explode higher” when the Federal Reserve makes interest rates negative.  

However, it doesn’t mean that he has changed his bullish stance on Bitcoin (BTC) and gold (XAU). 

card

Expect a blow-off dollar 

While Pal agrees that the U.S. dollar is dying by “death of thousands of cuts,” he foresees that a blow-off top is coming before the demise of greenbacks.           

When global stocks and cryptocurrencies were violently crashing in mid-May, investors rushed to the U.S. dollar in search of safety. The demand was so high that banks were running out of banknotes.    

On March 20, the dollar index (DXY), which stacks up the U.S. against six major fiat currencies, reached 102.98, its highest level since January 2017.

This came just four days after the Fed cut interest rates to nearly zero on March 16.     
card

Cash is king, cash is dead

As reported by U.Today, Pal opined that the dollar, gold, and Bitcoin made “the most sense” for investors during the pandemic.  

Mark Yusko of Morgan Creek Capital explained that cash is king during liquidity squeezes, but it would not manage to hold on to its throne for much longer.

This is why, in the long-term perspective, only Bitcoin and gold will save the day, according to Pal.  

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD