The Politicization of Gold and BTC Prices

Part II of a Series about the Significant Role Politics Plays in Control of Asset Prices

One of the most frustrating conversations I constantly engage in with investors is a discussion about how the world of asset price mechanisms truly works versus the perception of how most investors believe it works. It is a truly monumental proposition to convince most investors to accept that all asset prices are manipulated by the Ruling Class against fundamental factors.

I don’t care about supply and demand factors about Bitcoin, or gold or silver or oil because  they are not the primary determinants of price for any of these assets and they never have been for our entire lifetime.  Occasionally traders execute a self-fulfilling prophesy with asset price behavior on a temporary basis and this misleads investors into thinking that fundamentals will influence asset price behavior over the intermediate to long term. For example, there are those that state that the BTC price has always exploded