yet somehow he's gone astray on this gold thing.
he's slowly giving way, much to his credit.
i think what he, and most others, are missing is the speed and rapidity of the Bitcoin phenomenon. also, this fuzziness of supply with gold is a major problem.
edit: for evidence of this, look at his sig. he grossly undersestimated the speed with which those price predictions would be achieved. he's not the only one.
Those were tail ends of the time ranges that had been calculated - I just like being progressively conservative
Gold is behaving almost entirely as expected, only at a greater magnitude. It's a process...
And to keep it on the record from August 11th, 2013:
Meanwhile, the gold-silver ratio is approaching 62. A sustained move below that level will strongly suggest a silver-led rally. For that matter, I'm also expecting USD$1,000+ Bitcoin within a year.
That may be the point where all out war on Bitcoin is unleashed. While the price might not fade, persecution could rise.
