goldpriceprediction
Gold lost some of its luster toward the end of 2020 after posting substantial gains over the spring and summer. However, although investors started to shift back into risk assets due to expectations of an economic recovery, the gold rally may not be over yet. Q4 2020 hedge fund letters, conferences and more In its Gold Outlook 2021, the World Gold Council said ballooning federal budget deficits, inflation, market corrections and already high stock valuations will drive the gold price higher this year. The organization believes these factors will support investment demand, while the economic re...
ValueWalk
The battle of gold vs bitcoin continues to heat up as cryptocurrency enthusiasts increasingly describe bitcoin as “digital gold.” Now one firm has developed a cryptocurrency that’s backed by gold, which heats up the gold vs bitcoin debate even further.Q2 2020 hedge fund letters, conferences and moreIn an interview with ValueWalk, Digix co-founder Shaun Djie provided his predictions for the gold price and the benefits of holding gold vs bitcoin.Devere Group CEO Nigel Green went so far as to say that bitcoin will replace gold as the go-to safe haven asset within a generation. However, there are ...
ValueWalk
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