Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Bitcoin Booms

Market Insanity

Is Bitcoin a Threat to Gold Mining Stocks?

This sampling shows that the gold-mining industry is already in deep trouble. My prediction is that worse pain is yet to come courtesy of bitcoin. Instead of recovery gold miners face low prices and complete collapse in 2017. Expect some terrible earnings reports for gold miners that will send their shares plummeting in January 2017.

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