Former Deputy U.S. Treasury Secretary Paul Craig Roberts and financial analyst Dave Krazler write today that bitcoin may be taking gold's place as an inflation hedge because, to protect their currencies, central banks can naked-short gold to infinity in the futures markets but not bitcoin. Their commentary is headlined "Is Bitcoin Standing in for Gold?" and it's posted at Roberts' internet site here:
http://www.paulcraigroberts.org/2017/05/31/bi...-standing-gold/
