Gold Futures vs Bitcoin

24 gru 2022

We love Gold but there is problem with it and that is it can never truly grow because the price is being suppressed.

So we can never see Golds true value in the market or...
We are already seeing it, the suppression is part of the market forces and what you see is what you get.

Gold has been pronounced as the best store of value, safe-haven yet with a dire global financial situation it fails to appreciate. There are many reasons why but the fact is just that it isn't growing strong.

Bitcoin has been around for only 13 years and is worth about 10 times more than Gold.

This is the digital age, the information age...
The new generations will be attracted towards bitcoin, information/technology, rather than Gold.

In the next three decades, Gold will still be present, it will remain part of the market but its role will not gain momentum, it will be useful for jewellery and industrial purposes but money will become digital, Golds function as a store of value with diminish more and more as technology grows.

This is not a bad thing... Things change.

Namaste.