Ever since Jim Cramer said Mr. Bitcoin is going down big, Bitcoin has had an epic 30%+ run. Don’t listen to experts, especially the ones in the mainstream media. The inverse Cramer indicator started as a joke, but it is no joke anymore with its scary track record of performing the opposite of Cramer.
If you don’t know who Jim Cramer is, he’s the famous host of CNBC's show Mad Money, which has been running since 2005. Mad Money is where pretty much Jim tells retail stock investors to buy stocks no matter what and that everything is going to be fine. The show and Jim Cramer have pretty much turned into a government mouthpiece, and the last place you should look for real information, just like the rest of the media; they do not have your best interest at heart.
The inverse Cramer indicator has become so universally well known that there is now an ETF that bets against Cramer’s stock picks. To no one’s surprise, this ETF is up double digits, betting against the government mouthpiece Jim Cramer. Everything in stocks and finances is about confidence, which brings me back to when Obama called Warren Buffet during the 2009 financial crash and implored him to do his patriotic duty and start buying Bank of America stock and other stocks to show the American people that there was nothing to fear.
It was later detailed that Buffet was guaranteed these investments in Bank of America by the government. This just shows you how far the government will go to maintain the narrative that everything is fine, and this is why you will never hear the truth from Jim Cramer about how dire the U.S. economy and the global economy are. I understand that Cramer and CNBC don’t want to be accused of causing a panic, but people need the real news to properly prepare for what's coming. So, the next time you hear Jim Cramer say Bitcoin is going to zero, it’s time to buy more Bitcoin.
Today’s letter is brought to you by Bitcoin Capitalist Mining!
Begin Bitcoin Mining in Paraguay Today: Get started with no minimum order!
Effortless Setup: Enjoy a white-glove experience where we purchase the machine and place it in our secure mining facility for you.
Low-Cost Hosting: Benefit from a competitive $0.06 per kWh hosting fee in our safe and secure facility.