Will Gold break out when Bitcoin doubles again
Gold is at 1265 vs Bitcoin at 1353 USD. Turns out Bitcoin really is Gold2.0 ! I remember when it was only $250 and many of you do as well I'm sure.
A lot of Gold bugs have been waiting for Gold to reach $3000, but it seems to have stalled the last few years. Bitcoin however is roaring higher and higher-- can it even be stopped?
What if Bitcoin consumes all currency, will Gold break out then? Or will it be a worthless relic in an age of encryption? Maybe people will use both.