13 Apr '13, 6pm

BARRON'S: Bitcoin Is Why You Should Buy Gold

BARRON'S: Bitcoin Is Why You Should Buy Gold

Robert McNally See Also Programmer Robert McNally Put Together An Awesome Presentation On What Bitcoin Really Is The Rise Of Bitcoin [INFOGRAPHIC] Bitcoin Is Up 92% Since Yesterday 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 the 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 . Here's more from Forsythe's piece "Bitcoin for Your Thoughts? Buy Gold" : The rush to the Bitcoin may have been a speculative bubble, but it may also represent an inchoate search for an alternative ...

Full article: http://www.businessinsider.com/barrons-buy-gold-2013-4

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