GOLD 0.51% $1,391.7 gold futures

Gold was a big deal 100 years ago now it's not. Crypto is new...

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    Gold was a big deal 100 years ago now it's not.

    Crypto is new technology but I very much doubt that BTC will emerge as the winner. I'd say the loser, there's new crypto's every day and the Federal Reserve is working on their own crypto.

    Reasons why gold is on the way down....

    1. Indians selling
    2. Interest rates on the way up
    3. Industrial economies are booming
    4 Central banks are selling gold
    5. Stock markets are on a tear.
    6. Property is booming worldwide.
    7. The USD is on the way up
    8. New machinery and technology like drones makes excavating gold that much easier.
    8. Cryptocurrencies.


 
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