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'Stay in Gold', Bitcoin Seems ‘Utterly Illogical’, Says Dennis Gartman (Bloomberg TV)

“You have to stay in gold,” says Dennis Gartman, chairman of the University of Akron’s Endowment, Investment Fund and retired editor of The Gartman Letter, as he explains why he does not see Bitcoin as comparable to gold. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Competition from Bitcoin will disappear, Central Banks will refuse to give up their monetary monopoly and go after Bitcoin. Can Bitcoin go to $100,000 first?

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