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Dave Kranzler: Bitcoin's inconvenient truths -- The silence is deafening

Section: Daily Dispatches

11:44a GMT Monday, November 27, 2017

Dear Friend of GATA and Gold:

Dave Kranzler of Investment Research Dynamics in Denver yesterday detailed what he sees as bitcoin's vulnerabilities -- its susceptibility to hacking, infrastructure risk, and government regulation. But of course the skyrocketing of bitcoin's price during the last year has made advocates of the monetary metals look foolish even as it has provided more evidence of suppression of monetary metals prices by governments and central banks. And gold and silver have their vulnerabilities too -- like the futures markets, primary mechanisms of price suppression for anything governments don't like, though a futures market seems about to target bitcoin as well.

Kranzler's commentary is headlined "Bitcoin's Inconvenient Truths: The Silence Is Deafening" and it's posted at IRD here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


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