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When Bitcoin was rising by $1,000 a day back in December, you didn't have to look far to find pundits speculating on whether the crypto might "replace gold" as a "safe-haven investment."
Of course, that was before the digital currency peaked above $20,000 and then dramatically plunged to under $7,000. That put paid to the "safe haven" talk.
By comparison, gold, that 5,000-year-old "un-crypto," has risen a modest 7% over the past year. What's more, 2016 and 2017 marked the first consecutive years of gold gains since 2011 to 2012. We've talked extensively about all the ways there are to cash in on the resurgent gold bull.
But today, I want to tell you about a high-tech game changer I'm watching – one that promises to bring gold into the digital age.
Why is this "disruptor" important?
Well, it'll eliminate most of the old "hassles" – security, portability, storage – that have kept gold's potential "vaulted" and bottled up for centuries.
This promises to make gold incredibly easy to use as cash, with no more difficulty than we encounter using banknotes or plastic today – easier and as secure as Bitcoin, in fact, with none of the volatility.
About the Author
Peter Krauth is the Resource Specialist for Money Map Press and has contributed some of the most popular and highly regarded investing articles on Money Morning. Peter is headquartered in resource-rich Canada, but he travels around the world to dig up the very best profit opportunity, whether it's in gold, silver, oil, coal, or even potash.