gold v bitcoin12 Dec 2020 11:37
Hi All. I am sure that most here are in agreement that FIAT is not a hold. Along comes bitcoin and tries to out do gold to fill that gap. There are many digital coins out there and some are backed by gold. Kinesis is one (but i am convinced the model has serious flaws) . All digital coins are just currency (backed by faith alone) not money, gold is the only true money. Now, if Bitcoin was backed up with gold that would be a raving success, but maybe it is not really needed, we have Britannias. Global negative yielding bonds have just hit $18billion. The sell bonds buy gold trade will trigger a massive uplift in the POG The shorts (bullion banks) are still a massive $37billion under water. The Cos that supply gold will benefit from this coming uplift. There are so many reasons to fill your boots with gold and GGP stock. ATB Speedy