Bitcoin price explodes higher—are gold and silver next?

November 3, 2015 09:59 AM

We spent much of the summer telling people to get into bitcoin for a number of reasons I'll go over below... and I'll expand on where I think it, gold and silver and the markets are going next and how they are all interrelated.

To begin, though, bitcoin has skyrocketed higher, up $55 today alone to $370 and up $132 in the last month.

Bitcoin is up 55% in just the last month and is the best performing asset class in the world during that time.

And we called it.

Did your financial advisor tell you to get into bitcoin?  How about your older financial newsletter writer who is not even quite sure how email works yet?  Or how about some Austrian economists (not all by any means) who are focused on gold and silver to the exclusion of all else. These individuals have forgotten what Murray Rothbard said: Anything can be "money" if people accept it.

And bitcoin is surely becoming money.bPeople are willing to pay a lot for just one. Please internalize this.Things are changing fast and you need to change along with them. What is going on in bitcoin is just a part of the bigger picture. Here's why.

Page 1 of 2
About the Author

Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences including his own, Anarchapulco, as well as regularly in the media including CNBC, CNN and Fox Business.