GOLD 0.51% $1,391.7 gold futures

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    Bitcoin's next hard fork could ignite gold.
    If you've followed my work on Hotcopper you'll know I made a life changing amount of money in gold stocks over the last couple years. But I have also been advocating cryptocurrencies for the past 5 years. However most on the gold thread are quick to bash any comment with the word 'Bitcoin'...

    I now run Australia's #1 cryptocurrency Youtube channel, Nugget's News, and have again made vast sums of money in this space by being open minded to fiat alternatives with this once in a life time technology we call 'blockchain'.

    However, this may be changing. Bitcoin has now split into 2 coins, and another hard fork network upgrade is proposed that could split it into 3 within months. This is going to cause mass confusion and will forever change the world's #1 cryptocurrency. This is where gold comes in.

    Many are claiming that Bitcoin is the new gold, I don't think this is the case at all. Bitcoin's instability will make the safety of gold look more attractive than ever. Once we push through $1300 I think we are on the cusp of the 'central banks have lost control' rally that could last many years. Cryptocurrencies will still have their place in our digital future, but do not write of the yellow metal that has stood the test of time...

    Cheers
    Nugget
 
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