Thanks for posting the video, really interesting to hear his take on the future of this market . One point that he mentions which has been foremost is my mind is this is a "true" global market. It's not the Nikkei, Dow, S&P or Nasdaq, this is a market that encompasses the world. When equities, commodities and bond money start flowing into this sector looking for gains or a safe haven, we could see the market capitalization of a lot of these currencies go parabolic.

I absolutely agree that not all whales are savvy investors, even a blind squirrel will find a nut every now and then, but I feel the vast majority are. It's one thing to have money, another thing to keep the money, and quite another thing to grow that money. A close friend who's a broker told me years ago, that his largest, most successful clients were extremely patient and very, very decisive when they make a move. A phrase I heard at a seminar several years ago sums it up, "Big money doesn't chase the market, it makes the market, and eventually due to greed, breaks the market."