As most of you know, the rise of the cryptocurrency has dominated all financial headlines as of late, compelling many to comment on bulletin boards and message boards that they will never buy physical gold or physical silver ever again, and that from now on, it’s cryptocurrencies or bust!
Given Bitcoin and Ether’s recent parabolic rise, strictly from a price standpoint, physical gold makes more sense as a a purchase at this current time than Bitcoin or Ether, though certainly given performance and the benefit of hindsight, buying Bitcoin and Ether at the start of the year made more sense than buying gold. But again this statement is only valid given the two entirely different purposes of buying gold and cryptocurrencies. And technically speaking, Ether, or Ethereum is not a cryptocurrency, but rather a token that user receive users for using their computing power to validate transactions and for helping pay for the development of the Ethereum network. As I will explain later in this article, even despite the massive parabolic rise in the price of BTC, if one were seeking to fulfill the very specific purpose that purchasing physical gold achieves in a wealth preservation plan, then purchasing gold over cryptocurrencies at the start of the year still would have made sense for a lot of people........ Much Much More .........
http://archive.aweber.com/sku_newsletter/NFdPK/h/Gold_and_Silver_Hated_Now_.htm