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Does Bitcoin draw money away from the metals?

My understanding is that the metals, particularly silver, are the achilles heel of the banking cartel, and it is to their benefit to keep the prices suppressed. Wouldn't it be to their benefit to have money drawn away from the metals by something like Bitcoin? Then, when the SHTF, KABOOM!, there goes Bitcoin, and the metals take their prominent role. Thoughts?



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absolutely not.

absolutely not.

It is certainly a valid point...

I recommend people allocate no more than 10% (if they are feeling aggressive) of their portfolio to Bitcoin for the kaboom reason.

AS for the Achilles heal? What is a freedom lover to do? Bitcoin in my opinion is more of an Achilles heal than silver.

Silver and gold are too susceptible to violence. They can never be used as money by free people because men with guns(governments) will go to the vaults and steal it if push comes to shove.

Bitcoin does have a chance at replacing the Fed and fiat because of its resistance to a violent attack.

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well youll hear a big

well youll hear a big response from the 'well bitcoin is unregulated and therefore unmanipulated market' crowd, which probably has some truth, i mean cmon, who is going to be dumping 20k contracts for bitcoins in milliseconds on the market to cause a chain reaction or something. I mean thats not manipulation... er.. is it? where was i going with this? :)

ive heard about bitcoins for years now from the DP crowd and i never got into them because i didnt really understand them nor took the time to research them. now i feel its a tad too late given recent gains on something that is literally bits of data.

I am expecting 5 more years of these insane gains

Just a thought.

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