Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
bassclef
on 26/05/2015, 17:47:44 UTC

Larry Summers once again.  That means he's now an advisor to both Xapo and 21.


whereas TPTB will scream "conspiracy!", i take it for what i think it is, a darn good bullish thing.  this is promoter of Gibson's Paradox, the tie btwn interest rates and the gold price.  he understands Sound Money.  for him to get behind Bitcoin means he understands the Sound Money aspects of Bitcoin.  that can only help.

Seems like rats fleeing a sinking ship, or at least hedging against it. You'd have to be a special person not to see the what a mess the intertwined global political/financial landscape is in right now. Politico types will go wherever they smell money and opportunity.