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BARRON’S: Bitcoin Is Why You Should Buy Gold

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Sam Ro
Business Insider
April 14, 2013

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.

“[I]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.

Full article here

This article was posted: Sunday, April 14, 2013 at 4:58 am

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