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Bullboard - Stock Discussion Forum Westhaven Gold Corp V.WHN

Alternate Symbol(s):  WTHVF

Westhaven Gold Corp. is a Canada-based gold-focused exploration company advancing the high-grade discovery on the Shovelnose project in Canada's newest gold district, the Spences Bridge Gold Belt. The Company controls approximately 60,950 hectares with four gold properties spread along this underexplored belt. Its projects include Shovelnose Gold, Prospect Valley Gold, Skoonka Creek Gold and... see more

TSXV:WHN - Post Discussion

Westhaven Gold Corp > Watch Bitcoin!
View:
Post by ErinBrockovich on Nov 10, 2024 7:38am

Watch Bitcoin!

Bitcoin making big moves over the weekend. Touched on 80 000, now hovering just below that. Many other coins following. Yup, I have some crypto, but much more silver and gold.

Is bitcoin leading or lagging gold this time. Tea leaves make it hard to say. But I think bitcoin is showing gold the way, which is up. Bitcoin is more volatile than gold is all. Gold is conservative. Bitcoin is dangerousness personified. Long term bitcoin and gold are hedges against the USD.

Some say that silver and bitcoin have a higher correlation. In that case one can expect silver to go up over the next couple of days. My own research suggests this is often true.

Fascinating reading.

#silver #gold #crypto

https://www.businesstoday.in/technology/news/story/bitcoin-nears-80000-in-weekend-surge-after-donald-trumps-return-to-the-white-house-453213-2024-11-10

https://money.com/gold-vs-bitcoin/

https://blogs.cfainstitute.org/investor/2022/11/16/how-do-cryptocurrencies-correlate-with-traditional-asset-classes/#:~:text=Silver%20has%20the%20highest%20correlation,correlation%20with%20the%20precious%20metal.

https://cointelegraph.com/news/bitcoin-assets-most-correlated-assets-today

https://nai500.com/blog/coverage/could-silver-surpassed-by-bitcoin-in-market-cap-become-the-catalyst-driving-price-up/

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