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Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

November 16, 2020

"Given the outperformance of the last ten years, a #gold investor can no longer afford to ignore #Bitcoin"


Goldbug´s Achilles Heel as of October 15th, 2020. Source: Midas Touch Consulting, © Florian Grummes 2020

As in the last few months again and again in time announced, Bitcoin should and likely will substantially outperform gold. The two-and-a-half-year correction in the Bitcoin/Gold ratio ended this summer in favor of Bitcoin. Since then, Bitcoin has clearly outperformed gold and the Bitcoin/Gold ratio should be on its way towards 1:10. Given the outperformance of the last ten years, a gold investor can no longer afford to ignore Bitcoin.

Bitcoin/Gold Ratio

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