With Bitcoin on the scene and the "new guy" maybe Greenspans
"old relic" comment does stand finally. Its a clumpy material,
costs money to store it, earns no income.
The lure and perception of gold is clearly in decline and has
been since the 1970s, and if investors were to lose faith then it
would go all the way back down to levels seen in 2000 when the UK
Govt sold their gold.
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With Bitcoin on the scene
GDX
Posted by torvix on 7th of Aug 2018 at 09:02 pm
With Bitcoin on the scene and the "new guy" maybe Greenspans "old relic" comment does stand finally. Its a clumpy material, costs money to store it, earns no income.
The lure and perception of gold is clearly in decline and has been since the 1970s, and if investors were to lose faith then it would go all the way back down to levels seen in 2000 when the UK Govt sold their gold.