Post
Topic
Board Speculation
Re: bitcoin vs silver
by
waveaddict
on 18/03/2012, 00:02:27 UTC
US dollar is not going anywhere in our lifetimes. When crap hits the storm people rush to the dollar (bonds).

Silver is severely over priced right now. Fair value is probably 15 dollars when you consider how much it
costs for it to come out of the ground and be sold.

Bitcoin would double before silver. Easy choice.

http://finance.yahoo.com/blogs/daily-ticker/pimco-bill-gross-qe3-inflation-muted-growth-way-115229488.html

Bonds are done.

Bill Gross got his ass handed to him during the debt debate last fall when US yields collapsed. Just because he has an opinion doesn't mean it is correct.