Loading ...Do any of you remember me saying, they keep coming up with numerous places to invest money, so people don’t flock to gold and silver, like what happened in the 1970s. Everybody was buying gold and silver. There were not so many places in the 1970s as today, to invest funny money other than stocks bonds or real estate.
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Milling-Stanley thinks investors who treasure gold’s safety qualities should reconsider piling into bitcoin. He suggests the crypto world is trying to manipulate them.
“This is why they [bitcoin promoters] called it mining. There’s no mining involved. This is a computer operation, pure and simple,” he said. “But they called it mining because they wanted to seem like gold — maybe take some of the aura away from the gold.”