Barrick Gold Corp T.ABX

crypto craze

[bobofet]

So what is it?     Can it all be because gold is taking a back seat?    Is crypto the new gold of the future?    the  hedge?      I really dont know myself  to early to tell  but it seems to be ..  all I know is I  been playing around with gold for over 20 years,  and if  this was 20 years ago  and the world was in the shape it is now with ... covid...stimulus.. printing money as fast as possible.... the expectation of unemployement,,, a president that wont admit defeat... etc  etc   gold would be  a whole lot  higher  .........  signed       are we kidding ourselves.

[mrinvestor]

From what the experts say Crypto has minimal hedge effect on the gold market. It does seem that whatever is supposed to happen to gold results in the exact opposite and its quite mind boggling. I think right now the market is still incredibly bullish and willing to ignore almost anything. The Greenback is rebounding lately. The question is how truly damaged is the world economy in regards to

[bobofet]

Those experts say alot........... problem is most of us are not really experts....  and like  many in these markets     we just  jump with both feet and sacks of borrowed money on that  band wagon.  The years pass  but the reasonings  are about the same for gold to move more than it has..... and yet   it  does not...   

[GoldenEra]

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