Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
dragonseer
on 06/07/2015, 15:05:22 UTC
Without reading every page in this thread, I'll add my two cents worth here.

I can't see a reason why Gold can't rise along with Bitcoin at the moment, just at different rates. Whereas Bitcoin can approach $1000 again by the end of year (nearly 4x the current price) similarly Gold can approach $2000 by the end of the year (nearly 2x the current price). Neither Bitcoin or Gold are undermined by debt compared to all the trillions of dollars in stocks and bonds which are leveraged to general confidence in elite lending strategies.