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RE: Gold

in #haejin6 years ago

With all due respect, because you taught me TA - I'm convinced you have a nasty fundamental bias going on muddying your TA (This fairy-tale that BTC instantly takes over all of gold marketcap)

This could be the alternate.

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I couldn't agree more! In fact, I think gold will hit $1500 in 2019.

I'm also bullish on crypto since I'm following deeply what is happening with the smart money. I think both can and will co-exist.

Facebook using Stablecoin in India, Venezuelans using Dash, it's in the midst of adoption - pepole are just worried about the volatility of the space and that its flooded with things like "Dogecoin"

Do you think buying fractional gold is a good option for now? I'm also thinking higher gold for this year.

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When you say fractional gold, do you mean physical gold coins. If so, I can tell you that many of my highly paid financial newsletter professionals have added substantially to their physical gold positions. I also recently read and interview with Rick Rule, who is the billionaire investor in resource sector and CEO os Sprott USA. They are one of the largest companies focussed on resources and they offer financing for mining companies and a host of other services and also funds. They recently partnered with a blockchain company to bring a gold backed product that will use the blockchain to efficiently manage the physical gold. The fund will ship you your physical gold upon request. They intend to take the friction and difficulty out of paying to store physical gold and ensure it and the other hassles involved.

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