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Statewide restrictions on thanksgiving celebrations. We will show you the exchange. Chaos in the city in the state. Do as i say, not as i do we have been hearing a lot of that and rightly so because there are so many examples of democrats especially very rich democrats breaking the rules they impose on everyone else. Now, we find california Governor Newsom dined with Health Officials and lobbyists, no mask, inches from each other breaking his own rules. Theres the mayor of philadelphia squeezing in Indoor Dining hours before he banned it. Thanksgiving is one week away. How will america handle the lockdown when our leaders do what they please . Thats the same throughout the show. Not that Much Movement in stock prices of this morning with two days of decline taking ....
A large extent because it is so more functional than passing a bar of gold around, but this is a remarkable statement because weve heard the argument that big calling his goal to point out that its a prayer to gold. But that has come from the internet from social media, from heterodox thinkers like ourselves. Its not come from a 7 trillion dollar managed fund like blackrock and were hearing it from other folks like Paul Tudor Jones stent arthur miller. And although theres 100. 00 trillion dollars out there looking for a home as part of a managed money environment, they are 7 percent of that 100 trillion dollars of only one or 2 or 3 percent of that money goes into bitcoin. That means the price triples overnight. So im going to ask you a question because i want to try to elicit an answer that you gave to me on the magical crypto conference in our special this weekend about black rock. I asked you about the fact that black rock is ....
I think that is a good question because you know, more and more billionaires around the world are getting into big queen and massive sort of Asset Management. Companies like black rock are getting into big so max keiser this week, you tweeted a serious bequests. Shortage is developing a supply on exchange, dries up prices will start gapping higher looking for sellers. What do you mean by this . Max guys are but a member of the peak oil or peak gold arguments that were running out of oil or are running out of gold. That of course, is not true, but in the case of bitcoin because it is absolutely scarce and because the demand is approaching infinity, we are potentially hitting peak bitcoin, where it will become increasingly impossible for the average mom and pop to acquire bitcoin. Because all the 900. 00 coins per day that are generated through mining will be sucked up by the institutions and will never hit the market. And of cour ....