The analyst suggests weakening labor statistics may lead to Fed rate cuts. The non-farm payrolls came in at 22,000 against a projection of 75,000, with unemployment rising to 4.3%. Lower rates may be good news. The market is pricing in a 50 basis point rate cut at the September meeting.Tether is investing in gold miners. The analyst believes that Bitcoin is going to take away single entity control, through the use of a distributed ledger. The analyst is looking at where the Dollar Index is breaking down from a channel.The analyst mentions there could be a BRICS stablecoin that comes out within 12 months. Mike Novogratz is of the belief that there is going to be a BRICS stable coin that comes out that is partially back by gold. The target for gold has been achieved from 2022 where the cup and handle has perfectly met.