Famed investor Peter Schiff answers some of the more challenging questions he has received from clients and subscribers.
Peter Schiff Mining News
If gold shot up too quickly, these banks may have reasoned, it could trigger a panic flight from fiat currencies.
Bitcoin replicates all of gold's properties except the single most important one: Value. Intrinsic value of the metal itself. Bitcoin doesn't have any.
With such drastic upwards movement, critics are increasingly calling the bitcoin's success a bubble.
The exhaustion of short-sellers paired with insatiable global physical demand has positioned gold for an exciting conclusion to a volatile year.