Gold Faces a Very Physical Problem; Bitcoin To the Rescue!
Bitcoin’s competitor, gold, found itself in a peculiar situation due to the current pandemic: it’s getting increasingly difficult for it to move. Fears of stranded bullion led to London spot gold prices dropping far below U.S. gold futures. “There’s plenty of gold […] But it’s immobilized,” Reuters quotes an unnamed banker at a major gold-trading bank as saying. Read more »
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