Silver as an investment

Category Archives: Bitcoin Classic

Gold vs. Bitcoin: Goldman Sachs Weighs In

Authored by James Rickards via The Daily Reckoning, I write and speak a lot on gold. In contrast – and this surprises some people – bitcoin is my least favorite topic. I’m made my views known many times. Still, interviewers love to get into the “gold versus bitcoin” debate. I continually get dragged into discussing […]

Bitcoin Spikes To New Record High Over $3500 – Best Week Since Brexit Amid “Netscape Moment”

Bitcoin is now up almost 35% since the August 1st fork, and up over 90% from the mid-July fork-fears panic low. Buying was heavy in the overnight Asian session but surged once again this morning, seemingly after US CPI data disappointed, lifting the price to a new record high of $3547. As we noted earlier, […]

Bitcoin Explodes Above $2400 After China Downgrade, Scaling Agreement Reached

Following comments from DoubleLine's Jeff Gundlach tieing the surge in virtual currencies to the demise of China (right before that nation is downgraded), Bitcoin surged overnight, breaking above $2400 for the first time. It is now up over 150% year-to-date. Bitcoin is up fopr the 26th day in the last 29 sessions, doubling in price […]