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The Price Of Gold And The Price Of Bitcoin

From forbes.com

Which of the 2 investment vehicles might work better as a “store of value?” Would it be the classic precious metal of the old school or the more recently created technology accessed electronically? If you excluded stocks and bonds from the concept and had to choose gold or bitcoin. One’s been around forever, the other is as new as it gets. Over the past 2 or 3 weeks, the cryptocurrency has come back strong after a long period of decline. Compared, for example, to the stock market, bitcoin has more than held in there lately. Whether it now falls into the “store of value” category remains a question, given how far it’s ... (full story)

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  • Category: Technical Analysis