“The US dollar is on a tear. Digital currencies like Bitcoin are eating away at gold’s popularity. Chinese consumers are selling. Unprecedented appetite for high-risk investments. Who needs gold when you can get rich buying a startup company? Under the circumstances, it’s easy to see why the talking heads see only disaster ahead for gold. But I think they’re missing the point. As the anti-dollar, when the dollar finally corrects – and it will – gold prices will recover, and the dollar will resume its 100-year plunge in value. And that’s far from the only reason to buy gold. Unlike bank accounts, governments can’t ‘bail in’ gold.”
http://www.nestmann.com/gold-its-time-to-buy
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