Commodity Trade Mantra
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Posts Tagged ‘Bitcoin Futures’

Will Bitcoin make things Worse for Gold before they get Better?

While new, smaller cryptocurrencies and “initial coin offerings” continue to gain attention, the market’s more speculative gold mining stocks are taking a beating. Bitcoin is killing gold right now. We have no idea how long crypto-mania will last. But if the excitement surrounding bitcoin continues through the holiday season, we suspect things will get worse for gold before they get better.

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