BARRON'S: Bitcoin Is Why You Should Buy Gold
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In this week's print edition, Barron's Randall Forsythe updates his readers on the story of Bitcoin, the virtual currency that saw its value balloon and burst in a matter of days.
He sees the story as a reflection of skepticism towards fiat money as the world's central banks print away.
Forsythe thinks all of this makes for a bullish case for gold.
"t is incongruous that gold—money that can't be printed, just minted—would enter a bear market Friday," he writes.
Indeed, gold had a very ugly Friday.
Here's more from Forsythe's piece "Bitcoin for Your Thoughts? Buy Gold":
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