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11.15.2017 - Gold and Bitcoin, Part II Bookmark

On Sunday we talked about the metals and how the focus changed from people buying silver eagles and buying bitcoin instead. It's an interesting read for sure. Today we're looking a bit deeper into the Gold space and asking a few interesting questions, based on some global developments. It's looking pretty clear that the Saud's are going to  be selling oil to China for Yuan. If that becomes common, the whole "Petro-dollar" set up starts to unravel. 

 

Will Bitcoin be the place people run to if there's a serious problem in the world? Or, will they flock back to the "money" of the metals? It's a good question and the article is worthy of reading. 

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