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The real threat to gold is digital

2013-07-17 06:26:37 by BitCoin_Baby

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LONDON (MarketWatch) — What is the biggest long-term threat to the price of gold?
The real threat to gold is digital
Commentary: Bitcoin, or something like it, will be alternative currency
You could argue it is rising interest rates, which will push up the cost of holding an asset that doesn’t earn any kind of return. You could argue that it is deflation: If prices start to fall, then paper money will look a lot more valuable. Or you could argue it is a resurgent dollar DXY -0

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