woensdag 20 februari 2013

Huge Divergence Between Bitcoin and Gold Price

How can the bitcoin chart (Chart 1) keep going up, while the gold chart goes down (Chart 2)? Apparently it can, but not for long, that is my take.

Chart 1: Bitcoin Chart
Chart 2: Gold Price
Premiums on Shanghai are hitting new highs so stress is building up:

Chart 3: Silver Premium Shanghai/London
And U.S. Mint silver sales are hitting a record for this part of February.

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