In the latest episode of Get REAL, I talk to gold and money markets legends James Turk and Jim Rickards. We’ve talked about bitcoin and crypto-currencies previously on the show, however what is the relationship between this new form of ‘money’ and the oldest money known to man?
I discussed this with Turk and Rickards to see how they felt about the possibilities for the crypto-currency and how it is being touted as ‘gold 2.0′. Some may suggest that bitcoin could usurp the yellow metal as it overcomes many of the issues facing gold and bitcoin.
Because bitcoin is now being perceived as a viable alternative to fiat money I ask if this undermines the forecasts for gold to go to several thousand dollars an ounce, when many of these forecasts are based on the collapse of the fiat system.
I’d love to know what you think of the episode, and if you really enjoyed it then why not help us to make even more great episodes like this and contribute to Get REAL.
