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Gold Tumbles Below $1800, Tests Critical Technical Support...BTFD!
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[quote:Alchemike:MV80NjAyNDI2XzgzNzk0OTU5X0NCQjUwODM=] More and more money that has been in Gold will move into Bitcoin. That is what we are seeing...transfer of wealth from PMs to crypto and BTC in particular. [/quote]
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As Crypto soars, non-digital-gold is plunging, with futures breaking below $1800 for the first time since July. Since the election and vaccine news, gold futures have crashed from $1960 to $1798..
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