RE: "Bitcoin is Gold" narrative is dead.

Gold is a difficult animal to predict and I gave up short term trading of this commodity a long time ago. The price has retreated since yesterday's highs but the long term performance is, I believe, still up. The main reasons being: a) a world where inflation is going to return in a big way b) the ever increasing costs of extracting the ore c) ever reducing accessible supply.

I guess the main point is the gold price will, in my opinion, always be less volatile than bitcoin.

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