Bitcoin Booster Bullish on Gold

April 10th, 2014 by

bank.vault.gold.coinsDominic Frisby, author of “Bitcoin — The Future Of Money” shows that he doesn’t have blinders on when comes to more traditional assets classes with his article “I See Gold Hitting $1,400 Before Too Long — But Where To After That?

He answers his own question by predicting $1,425 by May, with a chance at $1,475 for a 2014 high. Noting that there are so many factors in flux that influence the gold price, he still believes that we’re seeing a return to normal seasonal action with gold — A strong January that eases before recovering in February, a normally soft March, and now a strong April.

He goes into many more details in his article, so take a look at it on MoneyWeek.