Tag Archives: Gold

According to analysts at JPMorgan, more and more young people are flocking to bitcoin and cryptocurrencies, while older generations have their eyes centered on gold.JPMorgan: Young People Like BTC, Older Ones Like GoldBoth bitcoin and gold have done increasingly well as of late. Bitcoin has shot up to roughly $11,700 at the time of writing – the highest it’s been in about a year – while gold has hit $2,000 per ounce.In a recent statement, persons associated with JPMorgan commented:The two...

Gold and bitcoin appear to be surging at the same time.Gold and Bitcoin Are Heading for the TopThis has set up all kinds of questions that we haven’t really dealt with before, a big one being, “Are gold and bitcoin suddenly correlated?” As of late, the big question has been whether stocks and bitcoin are correlated, but present circumstances suggest that BTC and gold are more similar than originally thought. For all those who have called bitcoin the “digital version” of gold, the present...

Robert Kiyosaki, the author of “Rich Dad, Poor Dad” is back at it again with his praise of bitcoin, the world’s number one cryptocurrency by market cap.Robert Kiyosaki: Forget About Houses and GoldIn an interview conducted by top bitcoin investor and enthusiast Anthony Pompliano – who just last week convinced comedian Bill Burr to purchase BTC for the first time – Kiyosaki explained to listeners that gold and real estate no longer hold powerful sway in the United States, and that investing in...

For all everybody’s been talking about bitcoin as of late, it looks like gold is on the verge of getting just as much attention.Gold Is Potentially Outdoing BTC in a WayBitcoin and gold are often compared with one another. Bitcoin, playfully referred to as “digital gold” by crypto enthusiasts, is often cited as having aspects and traits that are similar with the precious metal in the sense that it can be used to hedge one’s wealth against inflation and other economic problems, but while...

Bitcoin is once again at the top of the financial ladder. New evidence suggests that the currency has surged by close to 30 percent since quarter one of 2020, and that it has also outperformed many leading assets such as gold, silver, and platinum.Bitcoin Is Still the Financial Leader of the YearWhile tools like gold are usually highly valued by investors everywhere, the asset has not experienced the same price swings as bitcoin over the early part of the year. In March, for example, the...

Some of the biggest investors in the world – like Paul Tudor Jones – have stepped forward at some point this year to speak their praises for bitcoin. Now, a new investor – a major face behind Tesla, the Elon Musk-owned car company – is claiming that bitcoin could potentially serve as the world’s first global currency in the coming years.Bitcoin Could Get Much Bigger Than It IsArk Invest analyst Yassine Elmandjra explained recently:While scarce and durable, bitcoin also is divisible,...

Bestselling author Robert Kiyosaki is putting all his hope and dreams into bitcoin.Robert Kiyosaki: Invest in Bitcoin Now!In a recent series of tweets, the bestselling author of “Rich Dad, Poor Dad” announced that the release of trillions back into the economy – aka, the recent stimulus package designed to hit back against the coronavirus pandemic – was a huge mistake. He explained that the dollar is on the verge of dying out, and he’s advising everyone to put their money into assets like...

With the federal government printing new money every five minutes, many analysts and traders say that the threat of inflation is upon us, but strangely, many are not turning to bitcoin in these troubled times, but rather to gold. Several analysts believe that gold is the answer to many incoming economic troubles.Analysts: Gold Is Stronger than BTCFund manager Crispin Odey, for example, recently commented:Gold is the only escape from global monetizing. In the short term, the money will be made...

Bitcoin has been on a serious roll this month. It just struck the $9,000 mark for the third time over the past few weeks, and it’s now trading beyond $9,500.Bitcoin is the Finance World’s Head HonchoAccording to a new report, bitcoin has outperformed most other assets, including gold and stocks. This is extra special news considering gold is often considered a “safe haven” asset. In times of economic strife, gold is known to remain as it is when it comes to price, and should it ever fall,...

Bitcoin IRA – a retirement services firm in Los Angeles that allows people to invest in digital currencies like bitcoin, Ethereum and bitcoin cash – has published a new e-book explaining why it’s important to have gold added to one’s portfolio.Bitcoin IRA – Gold Is Very ImportantGold is often considered one of the most stellar assets one can own. A precious metal, gold has proven itself resistant to economic turmoil and often remains stable during crises. While stocks and crypto fell terribly...