RE: Doug Casey On Trump, Cryptocurrencies, the Coming Collapse and the End of Western Civilization
Mr. Casey doesn't seem to grasp the full import of Bitcoin.
This is usually due to inherent mistrust of new technologies, and he's an old-school kind of guy. He'd be wise to hedge some of his portfolio in crypto, it might be the only real hedge that isn't fully captured by the government.
Gold, and other metals unfortunately are completely ring-fenced by the powers-that-be, and they use the sale of Gold coins and rounds to finance their activities.
Why people still advocate Gold and Silver is really puzzling - it just seems like it all falls on "well, its been around for a long time, so..." -- and the government relies on this attitude too, so that people buy from them directly (and indirectly).
I'm sure most will disagree, but I'm used to being a lone holdout while the world slowly turns towards the truth.