19 Mar '13, 3pm

Contagion spreads to Greece… Bitcoin hits new all-time high of $62 ($100 now in sight)

Most of the people on this site us US dollars. The US dollar will someday be in grave trouble, but for now it’s comparatively strong and is still the world reserve currency for a short time. The strength of a single currency lies in its relation to other currencies. When all the central banks devalue their currency, one should run to gold and silver under normal circumstances, but unfortunately gold and silver are manipulated like Libor rates were/are manipulated. The dollar has not collapsed like so many of us thought because the game is rigged. My fear is that bit coin is too good to be true and “the powers that be” will . I would buy a little bitcoin etf maybe and treat it like a penny stock, a small investment, but I wouldn’t recommend moving all you dollars to bitcoin. Max is an activist/journalist and one of the smarter people out there, but he’s not a financial advi...

Full article: http://maxkeiser.com/2013/03/19/contagion-spreads-to-gree...

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