Some have postulated that investors are selling gold and buying Bitcoin. Since they have nothing in common, I doubt that's happening. But some speculators may be selling gold stocks and buying GBTC, with gold stocks falling as gold rises, and GBTC trading up to a 25% premium.
Unlike Bitcoin and gold, GBTC and gold ming stocks do have something in common. GBTC is a way to speculate on the future price of Bitcoin, and gold stocks are a way to speculate on the future price of gold. The smarter trade is to drop GBTC and pick up some gold mining stocks.
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- Bitcoin: I'm The Voice Of Reason In The Insanity
- The Main Reason Investors Are So Exuberant
- Bitcoin: Not A Threat To Central Banks
- The Coming U.S. Dollar Collapse
- Gold Is An Inflation Hedge
- Why Bond Yields Are So Low
- The Reason Why Gold Stocks Aren't Rising Yet
- Bitcoin, Gold and Gold Mining Stocks
- Inflationary Pressures Are Building
- Fighting Inflation With Inflation
- Bitcoin: A Massive Double Top?
- Bond Investors Are Worried About Stagflation
- Bitcoin's Meteoric Rise
- 2020 Cambridge Gold Summit
- Economic Recoveries Are Not Created By Central Gov...
- 2021 May Be The Worst Year Ever For The U.S. Dollar
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