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Bullboard - Stock Discussion Forum Westgold Resources Ord Shs T.WGX

Alternate Symbol(s):  WGXRF

Metals & Mining Gold
Westgold Resources Limited is a mid-tier gold producer and international gold company. The Company is engaged in the exploration, development and operation of gold mines, primarily in Western Australia. The Company owns and operates all of its underground and open pit mines. Its operations include Murchison Operations, Meekatharra Gold Operations (MGO), Cue Gold Operations (CGO), Bryah... see more

TSX:WGX - Post Discussion

Westgold Resources Ord Shs > Gold vs bitcoin
View:
Post by MaterialsMan on Oct 30, 2024 7:33am

Gold vs bitcoin

Interesting debate.
Bitcoin advocates will probably say that bitcoin is far more valuable than gold.
But, I don't believe that the value of one bitcoin has ever exceeded the value of one kilo of gold.
Furthermore, the MC of gold is about 15 trillion while that of bitcoin is about 2 trillion.
Listening to the bitcoin pundits, you'd never think that this was the case. I look forward to seeing how this all works out.
My money's on gold.
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Westgold Resources Ord Shs