Happy New Year!Happy New Year everyone! GOLD still isn’t backed by country currencies so the catalyst for GOLD is behind the curve, banking sector is dabbing in Gold prices driving it higher and lower. US fund mangers have been shorting GOLD to secure US $ prices. BitCoin has been a real problem for US fund mangers they can’t seam to get a handle on driving down BitCoin prices.
BitCoin has it’s known problems it’s not tangible and has zero regulations therefore because you can now put assets in BitCoin like houses, personal or vehicles of all kinds using account numbers only. Therefore anything you think of can now transpire using this vehicle including the largest fraud in the world. BitCoin will have to be backed in GOLD as well to sustain it's evalutation, in my opinion. You tell me!