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With news that the People’s Bank of China is curtailing Bitcoin in financial transactions in China, as well as tweets from Elon Musk that spooked the cryptocurrency market, investors have questioned the “store of value” moniker attached to the world’s largest digital coin.
Robert Breedlove, founder & CEO of Parallax Digital, is overlooking recent volatility to maintain his long-term bullish stance and explained that volatility is a natural function of price discovery.
Breedlove told Michelle Makori, editor-in-chief of Kitco News, that over the next 10 years, Bitcoin will climb to $12.5 million in nominal terms, which would be $1 million in inflation-adjusted, 2021 terms.
0:00 – Bitcoin’s volatility
3:18 – $12.5 million price target
7:40 – Can Bitcoin still be store of value?
15:00 – $300k by October
17:16 – Central banks vs. Bitcoin
23:33 – Crackdowns on Bitcoin
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The Risks Associated With Buying Gold Coins
Buying gold coins can be very rewarding and potentially profitable. But there are many precautions that one must be aware of before buying their first gold coins.Silver Coin Reserve – How to Make Money Buying Silver
Economic crises have threatened people to lose their jobs which made people think on various avenues to make money for their present and future. It’s quite normal for any one to buy silver articles or coins to acquire wealth for a long time now, including bullion, bars, and silver coin reserve (silver coins).Silver Coin Reserve – The Best Way in a 2010 Investment
Someone buying silver from retail outlets can think of investing it through Silver Coin Reserve. However, retail purchased silver does not have the same quality as SCR purchased through the Internet.The Advantages of Gold Over Other Investments
In this corporate world, people are finding ways to invest in things that can give them the maximum profit out of their minimum investment. When this comes to question, gold is the all-time saviour in this business. This is the reason why people have always been probing and testing themselves in the business of gold. This article will give a brief overview on the advantages that gold carries over other investments.How Analysts Expect the Gold Price to Perform in 2010
Gold is a very precious metal found in the earth. No other metal has achieved this high status. For centuries, it has been used for different purposes, and it has been associated with high status in the society.Buying Silver Bullion is the Best Form of Investment
Trends in today’s bullion market show that the silver is on the bull. So there are increasing percentages of investors buying this. What are the types of silver bullion that are being bought in today’s market? One can buy a variety of silver bullion like silver nuggets, silver bars or wafers, silver coins etc.Are You Interested in Investing in Silver?
Silver being the soft white metal, it is has always been the second cousin of the greatest metal of all gold. Investing in silver is no where a match to the trillions and millions that are invested each year in the yellow ingots. In today’s market when the price of the yellow metal grows dollar by dollar for every ounce, more and more small time investors are investing in silver like never before.Silver Coins Are As Ancient As History
It is a part of the tradition that a silver coin or a number of coins are placed at the mast or in the keel of a ship as a good luck trinket. History reveals that this practice is in vogue from the times of the Romans. Modern history too reveals the use of silver coins on USS New Orleans with thirty three coins in 1933 and on the USS Higgins in 1999.Silver Bullion is Today’s ‘Stocks and Shares’
With the financial world swaying from one bottom line to another, there has been a sudden spurt in small time investors, who would rather buy silver bullion than a stock or share, which would rise today to fall tomorrow. Investment in this offers more financial security than an investment in debentures or glint shares.Philharmonic Gold Coins!
One of the perennial favorites in the gold bullion coin market is the Austrian gold Philharmonic. Actually, most of us refer to it as the “Austrian Philharmonic” whereas its true title is “the Vienna Philharmonic coin.