It is a reflection of anxiety in fiat currencies and the fact it’s not practical to go back to a gold standard. What scares me about Bitcoin is the central bankers are studying it to figure out how the blockchain works.
They are going to be controlling our spending with blockchain technology that is being perfected in the crypto currency universe.I am not a gold bug, but we do know that in times of corrections that there is no place to hide in traditional asset classes that you can get at your Merrill Lynch brokerage.
Gold and silver in the precious metals complex are the only places to hide and get true diversification and safety.”
- Source, USA Watchdog
