{"id":450751,"date":"2019-10-23T20:19:02","date_gmt":"2019-10-24T00:19:02","guid":{"rendered":"https:\/\/goldtadise.com\/?p=450751"},"modified":"2019-10-23T20:33:58","modified_gmt":"2019-10-24T00:33:58","slug":"bitcoin-and-gold","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=450751","title":{"rendered":"Bitcoin and Gold : STRANGE BEDFELLOWS"},"content":{"rendered":"

IMHO It is not coincidence these two alternate forms of Wealth Storage are trading in similar fashion .<\/p>\n

LOOK AS THE SIMILARITIES THIS YEAR ( Bitcoin with HUI Superimposed)<\/p>\n

\"\"<\/a><\/p>\n

As stated earlier….Bitcoin has been leading gold up and now perhaps down .<\/p>\n

Bits have broken down into pieces.<\/p>\n

Will the HUI follow and break below its H and S Top ?<\/p>\n

It stands to reason these two very different alternative “currencies” have both taken off this year .<\/p>\n

After a short period of Monetary tightening the CBs of the world have capitulated and are Easing aggressively again.<\/p>\n

many have negative Interest rates and it looks like US will follow .<\/p>\n

So that got Folks attention and with this constant and now accelerated debasement of All Fiat Currencies these folks are looking to protect at least some of their wealth.<\/p>\n

Bitcoin appeals younger generations who know nothing nor care to know about Gold and its long history of being an asset that is geared for just such a time.<\/p>\n

Gold appeals to us Gold Farts mostly.<\/p>\n

I know there are some sharp young bucks here too…but these guys are a minor minority amongst their peers.<\/p>\n

So I ask you…which of these two would you rather own in times like these.<\/p>\n

\"\"<\/a>\"\"<\/a><\/p>\n

\u2026\u2026\u2026\u2026\u2026\u2026.~ $ 8,000…\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026\u2026.\u2026~$2,000<\/p>\n

We talk here about “honest money”<\/p>\n

We believe Gold is the Ultimate Honest money<\/p>\n

But many see Bitcoin as Honest money….. <\/p>\n

The Irony is:<\/p>\n

Gold is scarce and hard to mine but we can see and touch it , it is Real , in a Physical sense. \u2026.AND it is beautiful !<\/p>\n

Bitcoins are scarce and hard to mine but of course completely Intangible ..just cyber digits…<\/p>\n

Not really much different than the money we store in Banks and Brokerages .<\/p>\n

Perhaps there will be a place for both in the coming New Monetary Order.<\/p>\n

Personally as a Gold Fart…I know where my money goes.<\/p>\n

Good luck to all of us.<\/p>\n","protected":false},"excerpt":{"rendered":"

IMHO It is not coincidence these two alternate forms of Wealth Storage are trading in similar fashion . LOOK AS THE SIMILARITIES THIS YEAR ( Bitcoin with HUI Superimposed) As stated earlier….Bitcoin has been leading gold up and now perhaps … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-450751","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/450751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=450751"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/450751\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=450751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=450751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=450751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}