Title: Rickards: Why Gold Is Going To $10,000 Source:
[None] URL Source:https://www.youtube.com/watch?v=70xBQ2lL_pE Published:Mar 15, 2016 Author:Hedgeye Post Date:2019-04-23 20:28:09 by BTP Holdings Keywords:None Views:1350 Comments:11
Bestselling author Jim Rickards sits down with Hedgeye CEO Keith McCullough to discuss his new book “The New Case for Gold” and why a cocktail of factors makes it more critical than ever for investors to protect their portfolios with gold.
I know a girl who is into the digital currencies. She made some money on it a couple of years ago. Now she is trying to get back into it. She is pretty sharp about it all, but I do not know a thing about it.
If I can't gold it in my hand it is worthless to me. Plus it could all disappear in an instant.
Look what happened to Bitcoin when China and Brazil put controls on it. It lost 20% overnight. ;)
You missed my point: You compare the value of bitcoin to the US dollar, as though the dollar is sound money.
Bitcoin record drawdown (in USD terms) was almost 90%, from about $1050 to just over $100. But obviously, anyone buying even at that horrible $1050 figure would be sitting pretty right now with prices around $5400.