Virtual Saving Vehicle

So true
Funny how it seems
Always in time
But never in line for dreams
--Spandau Ballet

Ron Paul poses the following hypothetical. Suppose you were gifted $10,000 and were required to keep it for 10 years without touching it. If you had to choose between dollars, gold, bitcoin, and T-notes, which saving vehicle would you choose?

A wealthy person gifts you $10,000. You get to choose in which form you’ll accept the gift. But there’s a catch: You must keep the gift in the form that you choose for 10 years without touching it. In which form would you accept the gift?

— Ron Paul (@RonPaul) November 15, 2018

The most preferred choice among almost 95,000 survey respondents was bitcoin.

Sign of the times, I suppose, that the top preference was for a virtual saving vehicle. Also helps explain the muted action in gold despite rising inflation signs.

position in gold