Gold News

Nowadays, investors have divided into two groups: cryptocurrency vs gold. After comparing all the characteristics of digital money with precious metal, they appear to have a lot of in common. For example, they are produced through mining and both are almost impossible to destroy. Gold doesn’t react with acid or lye, and can’t be oxidized. In the same way, cryptocurrencies are immutable in that it is nearly impossible to shut down all the computers within the blockchain. Also, both of them can be profitable but still be at risk of cost fluctuations. In most transactions, they should be sold or exchanged for fiat currencies or an equivalent, but it is much easier to do with digital money. However, unlike gold, cryptocurrencies are not accepted in all countries.
For those who still can’t decide in which to invest, a group of Russian entrepreneurs has launched the GoldMint platform, which operates with a digital asset GOLD that is backed with reserves of real gold or ETH.

Gold and crypto are often described as an “either or” proposition, but this project aims to give investors the opportunity to gain exposure to both.
Bullish on bullion? This crypto project has a golden proposition
Chris Jones
The Omega Advisors chairman and CEO said people should be careful about Bitcoin, and suggested gold as a better store of value.
Bitcoin does not make a great deal of sense, according to billionaire Lee Cooperman
Osato Avan-Nomayo
Fidelity’s Jurrien Timmer believes that the significance of El Salvador’s Bitcoin move is “a little bit overplayed.”
El Salvador adoption a ‘coming of age’ for Bitcoin, says Fidelity exec
Erhan Kahraman
Market Analysis
The sell-off in the Bitcoin market, in particular, intensified due to excessively leveraged bullish bets.
Bitcoin’s sharp fall from $50K linked to stronger US dollar, gold — Correlation shows
Yashu Gola
Market Analysis
The declaration appears as Bitcoin pops back above $50,000, with its addition in a gold-bond portfolio outperforming the S&P 500 index.
Gold, bond portfolios are ‘naked’ without Bitcoin, Bloomberg strategist asserts
Yashu Gola
Markets News
Nonfarm payroll data shows the worst U.S. jobs gain in seven months, limiting concerns of Federal Reserve tapering this year.
Bitcoin price overcomes $50K, stocks slide after disappointing US jobs report
Yashu Gola
Russian investors now look at digital financial assets as an investment tool rather than just a “hype product,” AFD head Evgeny Masharov said.
Survey finds 77% of Russian investors prefer Bitcoin to gold and forex
Helen Partz
The billionaire subprime short-trader in the 2008 financial crash said that digital assets have a “limited supply of nothing.”
Billionaire investor John Paulson says crypto has ‘no intrinsic value’
Tom Farren

Follow us on Facebook