3 Must Read Stories: Bitcoin is the New Gold, Gold Shines for LME, and China’s Rat Trading

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The rise and rise of Bitcoin has been accompanied by a rise and rise in forecasts for just how high the digital currency can go.

Fundstrat's Tom Lee has joined the chorus of Bitcoin cheerleaders with a forecast for the crypto-currency to rise to $55,000 and a call that investors may start favoring it over gold, the ultimate go-to hedge against doom and disaster. MarketWatch has the details: