Kinross Gold Corp T.K

its not about Kinross, its all about Gold..

[downwithdotcom1]

just saw a story from BNN a few days ago (no link -cant remember the day-doesn't matter) that there has a NET OUTFLOW from gold ETF's/phyiscal contracts to the tune of $8 billion over the last few months - that gave me pause but it also shows the ebbs/flows/seasonality playing into the views of gold. what i also wonder is the theory (which i do not personally believe) is this gold out of favour/ crypto currencies in favour relationship (my view crypto currency is dangerous -for the drug dealers, terrorists , laundering monies not to meantion this being MINED using sophisticated algorithiums along with massive computing power plus the energy needed to support this business - older generation i guess $20000+ one day , maybe $5 if the major govts decide its no longer benifical to world order but i digress..) anyways food for thought..comments??
dwdc

[hameual]

Gold vs BTC is a silly concept.  They are different types of assets.  BTC is probably more like the NDX than it is gold.  anyways, Golds market completely dwarvs the crypto market.  All bitcoins combine equal rougly 400 billion.  Gold trades that amount per day.  You can liquidate every single bitcoin and use the proceeds to buy gold.  That would raise the price

[MoonWatcher]

Different investments and associated risks, what bothers me more is that in all the articles and tv displaying BTC as a gold coin with a B on it, really irritates me and guess the irony is lost on some, haha. The miners are still a small market and still seen as a fringe market overall, whereas tech names are mainstream. I would say there is still a minor impact on the gold market, as money on the

[fishcarrier]

Totally agree with you, except for one thing. That bitcoin doesn't look like it's plastered on a gold coin. It looks like a cheap bronze - more appropriately, so I don't feel too upset about that... Gold is down as I type, but may be back in the green before market opens or later closes. I'm sticking with gold.