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Central Fund of Canada Limited (CEF) Message Board

  • iwynne2002 iwynne2002 Apr 1, 2013 11:11 AM Flag

    Bitcoin Versus Gold & Silver

    I have been watching Bitcoin for the past several weeks watching it go from about $40 to well over $100 as of this moment. Is anyone else shocked by how Bitcoin, which is a virtual currency with no intrinsic value continues to go parabolic while gold and silver continue to trade sideways to down? You would have thought that the physical metals would rise with all of the chaos going on in Cyprus but instead they are falling and people are piling into Bitcoin. Does this make any sense?

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