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Buy Silver Before Its Gone; Michael Burry Bets Against Stocks — Week in Review

Buy Silver Before Its Gone; Michael Burry Bets Against Stocks — Week in Review

Robert Kiyosaki Recommends Buying Silver Before It’s Gone

Robert Kiyosaki, author of “Rich Dad Poor Dad,” believes that silver is becoming increasingly rare and advises investors to buy it before it’s gone. According to Kiyosaki, silver is a better long-term investment than gold.

  • Silver is getting rarer
  • Robert Kiyosaki recommends buying silver
  • Silver is a better long-term investment than gold

Michael Burry Bets $1.6 Billion Against Market: ‘Big Short’ Investor Takes Bearish Stance on S&P 500 and Nasdaq

Michael Burry, the hedge fund manager famously portrayed in “The Big Short,” has taken a bearish stance on the market. His firm, Scion Asset Management, has shorted the S&P 500 and Nasdaq 100, betting approximately $1.6 billion on a stock market collapse.

  • Michael Burry bets against the market
  • Scion Asset Management shorts the S&P 500 and Nasdaq 100
  • $1.6 billion wager on a stock market collapse

Bitmain to Reveal Groundbreaking Antminer S21 at 2023 World Digital Mining Summit

Bitmain, a leading manufacturer of mining rigs, is set to unveil an innovative bitcoin miner called the Antminer S21 at the 2023 World Digital Mining Summit in September. The company claims that the Antminer S21 is the most efficient machine in the market, ushering in a new era of energy efficiency.

  • Bitmain to reveal Antminer S21 at WDMS
  • Antminer S21 is touted as the market’s most efficient machine
  • Shift towards greater energy efficiency in mining

Dormant Since 2010, Bitcoin Address Awakens to Move 1,005 BTC Worth $29.7 Million

After being inactive for over 12 years, a bitcoin address created in 2010 suddenly came to life and moved 1,005 bitcoin, worth over $29 million. This event highlights the potential value that can lie dormant in long-unused bitcoin addresses.

  • A dormant bitcoin address from 2010 becomes active
  • The address moves 1,005 bitcoin worth $29.7 million
  • Emphasizes the value in long-unused bitcoin addresses

Hot Take

These news stories showcase the dynamic nature of the crypto and investment markets. From the recommendation to invest in silver to the bearish stance on the stock market, it’s clear that there are diverse opinions and opportunities for investors. The unveiling of a groundbreaking bitcoin miner and the awakening of a dormant bitcoin address also highlight the ongoing innovations and potential value in the crypto space. It’s crucial for crypto readers to stay informed and consider various perspectives when making investment decisions.

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Buy Silver Before Its Gone; Michael Burry Bets Against Stocks — Week in Review