#26: Erik Townsend On The Intersection Of Distributed Ledger Technology And Global Macro Investing
Superinvestors and the Art of Worldly Wisdom
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The Future of Gold
I think that gold just from a macro standpoint, completely independent of this whole digital currency conversation. I think we could see a final dump down to a thousand or even below a thousand. There really is a hard floor somewhere around between $750 and $900 per ounce where the price just really can't go below that because there would be so much shutting in. So I think that there could be one final downside, dump and gold, but eventually the next really big move in gold is to the upside and it's going to be huge.
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