Gold regains its lustre

In Cryptocurrency, Financial competency, Gold on 20/02/2022 at 4:01 am

So much so that the relationship between gold and inflation-adjusted “real” interest rates is starting to weaken amid concerns about the economic outlook and rising prices. Usually, real rates are negatively correlated with gold. Not this year, as real rates have increased, the gold price has remained resilient.

Err I tot Bitcoin was supposed to have taken gold’s place? Sell Gold, Buy Bitcoin?

Related post: Bloodbaths galore this week/ BS about Bitcoin (Fyi, it’s now around US$39,000)


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: