Cryptocurrencies have shown a lot of resiliency. Every time doubters proclaim Bitcoin is on the mat for good, it manages to claw its way back up. Bitcoin went into a freefall after the Chinese government announced plans to ban cryptocurrency trading on all domestic exchanges. But early Monday, the digital currency hit its highest level since early September. […]
The News of Gold’s Demise Is Greatly Exaggerated: Why Cryptos Won’t Kill Gold
from SchiffGold.com http://ift.tt/2y8p6TT