Gold, Silver, Bitcoin And Blockchain’s “Spectacular Future”

August 14, 2018

Jim Rogers, legendary investor and “Adventure Capitalist” speaks with Mark O’Byrne, GoldCore’s Director of Research, in the Goldnomics Podcast (Episode 7).

Are the actions of the US administration making China great again? What currency is going to challenge the US dollar as the global reserve? What can we do to protect ourselves against the next financial crash? 

Key Insights:

– Blockchain “has a spectacular future”
– “Blockchain is going to change everything” and “a lot of people are going to lose their jobs”
– “I don’t suspect cryptocurrencies are going to survive”
– Bitcoin and cryptocurrencies will be suppressed by governments
– Crypto currency guys are smarter than “every governments you can think of” but the “governments have the guns”
– Governments favour government digital currency and “love the fact that it gives them total control”
– Everybody should have a “Plan B” in the 21st Century and be willing to move country, residence and diversify investments internationally
– Gold and silver “are going to be huge bubbles” and favors silver as is “more depressed”
– Switzerland, Austria and Singapore are his bullion storage locations of choice
– “Everybody should own some gold and silver”

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Gold is found in nature in quartz veins