Jim Rickards is the editor of Strategic Intelligence and the author of . He believes gold can go to $10,000 an ounce but he is much more skeptical about bitcoin. Rickards doesn't trust the bitcoin price action and doesn't believe the cryptocurrency will fare well in a financial crisis. Following is a transcript of the video.
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Economist Jim Rickards on gold versus bitcoin — intrinsic value is meaningless for both but the bitcoin prices aren't real
Jim Rickards believes gold can go to $10,000. But he doesn't trust the bitcoin price action and doesn't think the cryptocurrency will fare well in a crisis.
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