Bitcoin's Short Term Top Could Be the Catalyst to Take Gold Higher

Eric Zohn: It's very possible that we could see a new uptrend just starting now. That would be if Bitcoin is going to correct further lower, he says. "I've been thinking that what's holding gold back is Bitcoin taking the market share," Zelizer says. If Bitcoin has a pause here and is not going to resume its exuberant rally fairly immediately, that could be exactly what's needed in order to ignite the next significant rally in gold"