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Author Topic: [2016-02-08] Global Economic Outlook: Gold Rally, Bitcoin Down  (Read 475 times)
Scream (OP)
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February 08, 2016, 09:04:04 AM
 #1

Market turmoil has intensified in February, and many analysts are predicting that the Fed may make a U-turn on their rates hike decision. In the flight to safety, Gold has extended its rally while Bitcoin looks to be going to ground. This week’s edition of Global Economic Outlook looks at the gold, bitcoin and US dollar charts.

https://www.cryptocoinsnews.com/global-economic-outlook-gold-rally-bitcoin-down/
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February 12, 2016, 06:29:49 AM
 #2

Gold has always been the safe-haven when there is market turmoil and uncertainty. The only problem is, you will only see profits if the price climb higher than the price you bought at. I would like to one day see less volatility in the Bitcoin price and then see Bitcoin taking this role, but I guess that would be asking to much.

I would have thought, with Bitcoin being the best performing currency in 2015, we would have seen much more investment coming towards Bitcoin, but the turmoil in the development caused a lot of fuss in the beginning of this year. 

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February 12, 2016, 02:44:17 PM
 #3

The gold is rising. That is a fact. But the bitcoin is not down. It has been around $380 for over a month now.

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February 12, 2016, 07:31:08 PM
 #4

The gold is rising. That is a fact. But the bitcoin is not down. It has been around $380 for over a month now.


Exactly,rubbish article

more likely paid fud  Grin
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