The man behind two gold ETFs says this about bitcoin

Jan Van Eck of Van Eck Associates talks gold and the opportunity of a bitcoin ETF with CNBC’s Bob Pisani.

» Subscribe to CNBC:

About CNBC: From ‘Wall Road’ to ‘Most important Road’ to award successful authentic documentaries and Actuality TV sequence, CNBC has you coated. Expertise particular sneak peeks of your favourite exhibits, unique video and extra.

Join with CNBC Information On-line
Get the newest information:
Discover CNBC Information on Fb:
Comply with CNBC Information on Twitter:
Comply with CNBC Information on Google+:
Comply with CNBC Information on Instagram:


About beheer

Check Also

Explaining Why We May Get A $4,000 Bitcoin…

This market buying and selling evaluation applies to varied exchanges, together with Bitmex and Binance. …

Why Is Bitcoin Rising, LocalBitcoins Spike, IOTA Price Pump, SBI Crypto Bank & KIN SEC Fight

Help Me On Patreon! —————————————————————————- Shield And Retailer Your Crypto With A Ledger Nano: —————————————————————————– …


  1. hahahahaha these guys suck at business

  2. We need something that more people can actually use.

  3. Our company accepts Bitcoin ($BTC) for GPS tracking products. We do NOT accept Gold. Short Bankers, Long Bitcoin.

  4. Gold rush? 🤣 you mean bitcoin rush!!

  5. don't say yellow metal you fucking moron

  6. This decentralized game on Ethereum with biggest jackpot in history is rising higher than ever:

  7. They speak of crypto (BTC particular) as if it was like owning a share/stock of a company. LoL. What is this 2017/18?

  8. Here is Block-chain My dear Not your channel or Crap media Rounds …..Nothing will stop BTC , nor bitcoin can be uninvited!

  9. So ass hole people. Gold. So stupid

  10. Gold is old and slow and it's not finite it's not a lot of things in the future physical things just take up space and are inconvenient so manipulated as long as they can if you don't own Bitcoin I feel bad for you

  11. ETF's are shit, they sell you crap that doesn't exist, better to invest in REAL gold.
    Many of you are going on about bitcoin, Bitcoin is going to die because proof of work is shit.
    If i were you i would put my money in XRP, Tron, ADA or anything else.

  12. Beta version of Btc Lightning Network running successfully now, allowing for btc micropayments, instantly, with fees less than 0.1 cent per transaction. Several platforms aiming to make small payments as easy as sending a chat message and with close to zero fees.

  13. To hell with all their derivatives and other wallstreet crap. Give me real gold and Bitcoin anyday

  14. Take a look into KBC. The first cryptocurrency backed by gold!

  15. lets see bitcoin was .02 cents 10 yrs ago and now worth 3500$ id say thats a pretty good store of value idiots

  16. Bitcoin pulled demand from gold…you ain't see nothing yet

  17. Got a 100gram 14 k chain 7 days ago and already up 20$ an ounce

  18. Have some good and bitcoin both will win

  19. The intrinsic value of bitcoin is 0,00 US$ or €.
    Buy cause losing money is the best way to learn.
    BTW why is China buying so much Gold bars? Think about that subject.
    Bitcoin is only speculation object and not a pay system anymore!

  20. I can answer for van neck they pulled the application coz they cant rig it like gold write to many contract, 1 ounce of gold is 100 contract owner go do your research on gold silver derivatives. Lol. So basically etf wanted like fidelity will do backed by actual bitcoin. Remember if you dont own your private key you dont own your bitcoin. Gold silver its a great grandfather thing we live in a digital world mellenials will go shopping swipe and pay cellphone you think they will bring a pound of gold lol if can get your actual gold from tue contracts you buying lol. And by the time or you hold actual gold can you sell it on a market price? That if that person wanted to keep gold lol only lepricon do it did i spell lepricon right lol do your own research. Good luck. Oh one more thing does any one notice how many people attened classic xar auction lately i know some old folks passed already

  21. Hi, are you interested in earning a consistent income working 10 minutes a day from your mobile device by trading currencies? No experiences is required as Mrs Rachel is willing to teach anyone interested, no degree needed to start and she has a free 2 week free trial for you to try out her signals! Reach her via mail: or WhatsApp: +14422433874    She is the best miner i have seen

  22. Here's the #simple truth. The Futures market product created by this man, DESTROYED price discovery for gold by the fact it could be leveraged, in the UK alone it's over 100 X every ounce!!

    The PROBLEM he faces with Bitcoin is not custody ( this has been solved already in Swedish market's) .

    It's how he and his goons can "leverage" something that has a CLEAR FINITE NUMBER to it!🤫🤫🤫

    I believe they have been able to negotiate 35% custody at this point. Which is still a MASSIVE leverage on something that has a finite amount set in stone!

    I see any ETF on Bitcoin being something that will start like gold. Huge rise, then they will try to continually short it.
    But after 1 or 2 years it will fail and runaway like a stream train because they will have to pay monstrous amounts to keep that 35% in custody once the halving takes place in 2020 and there are only going to be 2.2 million left! That's it!😳🤫

  23. Crypto will be atleast a 50 trillion asset class if not more. I mean it will literally replace EVERYTHING. Banks, institutions, dotcom companies.. everything think about it

  24. It's still a bubble.too few hold too much BTC. I reluctantly had to sell a small amount of BTC today. I would of spent it but I couldn't because it still doesn't forfill its intended use. So sold hopefully it doesn't pump to much b4 next payday 🤨

  25. Etf won't necessarily pump BTC. Whales can control price either way .they have been dumping all year with huge profits and probably leverage .now they made huge dolla gains and still have 1000's of BTC they can long and make even more. Bitcoin doesn't help lower class people !!

  26. Blood in the streets. Still could get worse. Waiting for the shitcoins to die out.

  27. Bitcoin is internet 2.0 and digital gold at the same time.

  28. Most young people think gold is just a dumb rock, that pretty much reveals the important role bitcoin is going to take in the future.

  29. Don't support the banking cabal by buying there trash gold ETFs. If you want to buy gold.. buy the real thing! If you don't hold it, you don't own it! Same goes for Bitcoin. If you do not own your keys, there not your bitcoin! And I believe, we are not that far off from a world wide financial crash, perhaps even a reset.. and when this happens, only real assets will matter.

  30. In just about 12 months, BTC has made a drop of over 80% from a peak of $19,800 to less than $4,000 and I wonder how silly those that kept talking of $100,000 and more look now. Seriously, how much more evidence do we need that cryptocurrencies are purely speculative bubbles that are best treated as such and milked at the moment? The only space for investing is in real companies doing actual business with real currency valuation. My forecast for the long-term value of bitcoin is 0$, 0€, 0£, 0¥. Don’t get me wrong, I am not a crypto hater, in fact, I am above average financially but I still have a strategy which I implement with which I make a minimum of $30,000 monthly for a couple of months already. Even though I get assistance from Mr. James Long with trade strategies and signals, I still trade on my own so I don’t have to grant anyone access to my trade account (funds). What I do is seek his opinion on the markets as he is a very seasoned analyst and trader and then I use his signals which are very simple to use in placing trades and in the process, I learn a lot from him. You can mail him** (jameslong241 @ Gmail. com) if you need his assistance too. A word of caution, never mix emotion with coins if you want to succeed and you have to be brutal as well i.e sell, buy, and trade when you have to follow the rules and always seek help if you are not already a master trader and are not making good and consistent profit on your own already.