Bitcoin’s Not Only Going To Crash, It's Going To Vanish - Telfer (Part 2/3)

"It will go to zero," Ian Telfer said with regards to bitcoin. The cryptocurrency has taken markets by storm but to the veteran mining entrepreneur, it is not something to get too excited about. Speaking with Kitco News in Toronto, the Goldcorp chairman warned investors to be "very, very" careful. "I don't think it's stealing gold's thunder," he said. "Longer term, I am personally not sure how these cryptocurrencies are going to work and I'm not sure governments are going to let them exist." (show less)

"It will go to zero," Ian Telfer said with regards to bitcoin. The cryptocurrency has taken markets by storm but to the veteran mining entrepreneur, it is not something to get too excited about. Speaking with Kitco News in Toronto, the Goldcorp chairman warned investors to be "very, very" careful. "I don't think it's stealing gold's thunder," he said. "Longer term, I am personally not sure how these cryptocurrencies are going to work and I'm not sure governments are ... (read more)

Mines & Money - Toronto

Mines & Money - Toronto
For the third time in its history, Mines & Money is coming back to North America; this time in Toronto, Canada. The international event brings together mining executives, market analysts and a network of investors bringing some of the best information to the mining community. From October 2-4, join the Kitco News team as we interview the likes of Sprott’s Rick Rule and mining mogul Ian Telfer, among others.

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