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Bitcoin and the Apotheosis of Gold Bugs

From tomluongo.me

Bitcoin’s rally is all the news. It’s got the gold bugs all aTwitter as they watch their preferred safe haven asset of choice get upstaged again and again by the upstart, Bitcoin. Every day it seems like another establishment media organization goes out of its way to give Bitcoin haters like one-note Peter Schiff an audience. The latest is Fox Business. I can’t tell anymore if they’re doing this to discredit Bitcoin, gold, Schiff or all three consecutively and concurrently…. … and from a great height (apologies to Tom Stoppard). Here’s your latest howler from Schiff courtesy of a tweet from the irrepressible James ... (full story)

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  • Category: Fundamental Analysis