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.
ADVERTISEMENT
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.
ADVERTISEMENT
Jim Rickards:
Sara Silverstein:
Rickards:
ADVERTISEMENT
Silverstein:
Rickards:
Silverstein:
Rickards:
Silverstein:
ADVERTISEMENT
Rickards:
Silverstein:
Rickards:
Silverstein:
Rickards:
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT
Recommended articles
The US asserts that it is a better option for Africa than Russia and China
Malak El Masry speaks on championing entrepreneurship and art in Africa
Junta led Burkina Faso suspends more foreign media over killings coverage
10 African countries with the strongest merchant marine fleet
Who are Africa's biggest Esports teams?
Top 10 strongest South African brands in 2024
The untapped potential of forex markets
African Hidden Champions Soirée highlights Africa's business leaders with support from AFG, DEG, AfDB, and BII