Thursday, October 24, 2013

Dollar continues to tank as gold and Bitcoin gain big

Ever since the government agreed to raise the debt ceiling and give President Obama unlimited access to borrow money until February of next year, currencies around the world have reacted strongly on the expectation of an expansion to the U.S. money supply.  Besides the Euro, Yen, and even the Yuan strengthening in the past 2 weeks, two other alternative measures have seen increased value, these being gold and Bitcoin.

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