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Ron Paul Surprised With His Followers Resounding Pick of Bitcoin Over Gold
Ron Paul Surprised With His Followers Resounding Pick of Bitcoin Over Gold
Ron Paul Surprised With His Followers Resounding Pick of Bitcoin Over Gold
Ron Paul Surprised With His Followers Resounding Pick of Bitcoin Over Gold
Ron Paul Surprised With His Followers Resounding Pick of Bitcoin Over Gold
Ron Paul Surprised With His Followers Resounding Pick of Bitcoin Over Gold

Ron Paul ‘Surprised’ With His Followers Resounding Pick of Bitcoin Over Gold

Kitco NEWS - 2017-12-07

KITCO NEWS - Ron Paul 'Surprised' With His Followers Resounding Pick of Bitcoin Over Gold Former Republican Congressman Ron Paul said he was 'surprised,' when the majority of his devout gold followers, chose bitcoin over the yellow metal as their investment choice. Earlier this week, Paul, the ambassador for the firm Gold Co took to Twitter to ask his followers how they would invest a $10,000 gift -- but he offered this catch: 'You must keep the gift in the form that you choose, and you can't touch it for 10 years,' Paul said in a tweet Tuesday. The libertarian's followers were provided with four options: U.S. dollars, gold, U.S. ten-year Treasury bonds and bitcoin. Their answer? Bitcoin - 54% of respondents chose the cryptocurrency over gold at 36%. In an interview Thursday, Paul said he was not surprised however, that only 2% would store away Federal Reserve notes. Paul, a well-known critic of the Federal Reserve, and an advocate of holding gold, had previously campaigned to audit the central bank and return to a gold standard. 'It was information for me to tell me what my viewers are thinking...[And I] was surprised that many people would stash away [in bitcoin],' Paul said. After trading above $16,100 midday Thursday, bitcoin pared gains slightly, still higher 16.18% for the day to $15,971.05 Thursday afternoon. Don't forget to sign up for Kitco News' Weekly Roundup - comes out every Friday to recap the hottest stories & videos of the week: connect.kitco.com/subscription/newsletter.html Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: gold-forum.kitco.com/ -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: twitter.com/kitconewsnow --- Kitco News on Facebook: facebook.com/kitconews --- Kitco News on Google+: google.com/+kitco --- Kitco News on StockTwits: stocktwits.com/kitconews