š„ Face-off: Gold vs. $BTC š„
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GM. This is Milk Road, the crypto newsletter where we have hypothetical arguments with our researcherās girlfriendās dad.
(Read the second article, itāll make sense.)
Hereās what we got for you today:
āļø BTCās 7-day price = unchanged?
āļø Gold vs. $BTC
šļø The Milk Road Show:Ā The Trade War Is a Setup for Bitcoinās Next Big Run w/ Samson Mow
šŖĀ Trump signs bill repealing the IRS rule targeting DeFi

SURE, THIS WEEK FELT TERRIBLE ā BUT $BTC IS DOWN LESS THAN 1%! š§āāļø
This week:
Trillions were wiped from markets
JP Morgan upped their recession chances to 60%
Crypto tokens across the board reached 12 month lows
(If youāve been following all this, youāve likely been in āfight or flightā mode these past few days.)
But hereās the craziest part:
Even after all of that ā and with crypto market sentiment at multi-year lowsā¦
$BTC is only down -0.7% over the last 7 days.
So why the panic?Ā
Hereās a blow-by-blow of the news-driven cycle of fear weāve all experienced over the past ten days, in chart form:
Looking day-by-day = pure panic.
Looking week-by-week = chill vibes.
This is why taking a long-term view wins-out in investing (not just zooming out from days to weeks, but to years/decades) ā it helps to tune out the short/medium term noise and lower the effects that outside factors have on your psychology.
š āTariffs? Eh, theyāll be old news a year from now.ā
š āInterest rate hikes? Theyāll reverse eventually.ā
š āMy wifeās leaving me? Hey, we had a good run.ā
ā¦ok, scratch that last one and book me a therapy appointment ā point is: in investing, psychology is everything.
The trick:
Zoom out ā chill out ā stack fundamentally strong assets ā win.
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GOLD IS PUMPING. $BTC IS FLAT. TIME TO ZOOM OUT. š
Continuing the topic of long-term views ā I want to talk about our Head Of Researchās girlfriendās dad.
Sounds weird (and it is) but hear me out ā itāll pay off (promise).
Last year, Kyle (our Head Of Research) had a discussion with his girlfriendās father. š
The dinner in question has already happened, but I figured Iād prepare some talking points/rebuttals (across multiple time frames) in preparation for any future arguments with your gfās dadā¦or Peter Schiff.
Starting in the current moment:
Fair play, gold has had a great week compared to Bitcoin. š¤
Itās up 4.86% compared to $BTCās -0.7%.Ā
But remember what we covered in the first article: weāre playing the long game baaaby!Ā
So letās zoom outā¦
Over 1 year, Gold is up ~36% while $BTC is up ~17%Ā
(Donāt worry Kyle, weāre lulling your gfās dad into a false sense of security with this one. š)
Over 5 years:Ā Gold is up ~91%, while $BTC is up ā wait for it ā ~1,090%!
Oooft! Sorry Kyleās gfās dad!
(Kyle, I recommend you stop here. Going any further could do serious damage to your relationship.)
That saidā¦if you really want to dig the knife in ā hit him with this bad boy!
Over 15 years:Ā Gold is up ~185%, while $BTC is up 2,743,020,566.67%.
Yuh. 2.74 billion percent. Not a typo. š
Weāll say it again:
Zoom out ā chill out ā stack fundamentally strong assets ā win.

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MILKY MEMES š¤£


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āThe blockchain movementās biggest celebrityā. Well, this celebrity is now getting his own film and you can now pre-order it on Apple TV.