22:11 GMT25 July 2021
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    Spontaneous Joyfest of Life-Affirming Cryptoeconomics

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    On today’s episode of Double Down, Max Keiser and Stacy Herbert are joined by cryptocurrency analyst, Stephen P Kendal to discuss more all-time new highs in bitcoin.

    As bitcoin continues to hit new all-time highs after new all-time highs, will the futures market finally knock it off its all-time high pedestal? As Chicago prepares to introduce a derivatives contract on bitcoin, we can finally see an end to the paper Ponzi scheme that is the current financial system, according to analyst, Stephen P Kendal. He believes that any attempts to ‘naked short' bitcoin will only expose the fraud that is the current leveraged derivatives backed manipulation schemes suppressing the price of precious metals. The futures contract in bitcoin, he says, may actually be a net positive for the price of gold and silver. Tune into Double Down to hear more!

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    Tags:
    Cryptoeconomics, futures market, precious metal, cryptocurrency, financial system, Bitcoin, market, Ponzi Scheme
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