Gold, silver and oil forecasts; Ellison's FTX certificate and the SAM-Trabucco mysterium; Solidly eroded dollar sees the fed turn of 109-week in retrospect-The Weekly
Gold, silver and oil forecasts; Ellison's FTX certificate and the SAM-Trabucco mysterium; Solidly eroded dollar sees the fed turn of 109-week in retrospect-The Weekly
Robert Kiyosaki says that it is now time to buy gold and silver, and predicts that a stock market crash will drive up the prices of the precious metals. In other messages, the crypto community was curious about Alameda Research's former co-CEO, Sam Trabucco, and his whereabouts, since Caroline Ellison's confession of guilt, the former CEO of Alameda, was sealed and unveiling information about customer money. Bitcoin.com News continues that since the US Federal Reserve turned 109 on December 23, the dollar has lost 96 % of its purchasing power since the Federal Reserve was founded. Finally, a market strategist expects that oil will "crush" different investments in 2023. All of this below in this latest issue of Bitcoin.com News Week in Review.
Robert Kiyosaki warns of the last chance of buying gold and silver at low prices - says that the stock exchange crash will drive it higher
The famous author of the bestseller Rich Dad Poor Dad, Robert Kiyosaki, says that now may be the last chance to buy gold and silver at low prices. "Inflation increases. Increasing interest. The stock market will crash and let gold and silver rise," said Kiyosaki.
Caroline Ellison's witness statement claims that FTX Boss SBF has instructed you to mix customer funds since 2019
On December 23, 2022, Matthew Russell Lee from Inner City Press published the recently sealed copy of Caroline Ellison's creed, the former CEO of Alameda Research. In her statements, Ellison describes that she was Co-CEO and CEO of Alameda and reported directly to the former FTX CEO Sam Bankman-Fried (SBF) in these roles. The statement by the ex-Alameda CEO shows that from 2019 to 2022 it was fully aware that Alameda Research had access to a special credit facility that enabled the company to maintain unlimited credit line without collateral. According to Ellison, the "credit facility" was the customer funds of FTX.
Krypto community asks: Where in the world is ex-alameda CEO Sam Trabucco?
After the arrest of FTX co-founder Sam Bankman-Fried and the statements of his colleagues Gary Wang and Caroline Ellison, the spotlight focused on the remaining managers who were part of the inner circle of the team. Another person that people are curious about these days is the former co-CEO of Alameda Research, Sam Trabucco. The 30-year-old manager left Alameda in August 2022, but since Ellison committed detailed misconduct in 2019, it is assumed that Trabucco knows one or two things about what happened.
"Oil prices north of $ 200" per barrel - investor expects oil to "crush" every investment in 2023
In the middle of the dreary global economy, a number of market strategists and analysts believe that oil will be number one investment in 2023. While a barrel of oil truds between $ 80.12 and $ 85 per unit, Goldman Sachs analysts assume that oil will reach $ 110 per piece Barrel for Brent oil, and strategists from Morgan Stanley also believe that oil will reach $ 110 per barrel by mid-2023. The founder of Praetorian Capital recently warned that a barrel of oil could increase much higher next year.
Since the Fed turns 109, the purchasing power of the US dollar has dropped by more than 96 % since its foundation
109 years ago, the US Federal Reserve was founded and since that day the purchasing power of the US dollar has dropped sharply. Since the start of the FED, more than 96 % of the purchasing power of greenback has been destroyed by inflation.
What do you think about these stories? What do you think was the most memorable history of 2022? Be sure to share this in the comment area below.
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