If you have been paying attention lately, you will have noticed that Bitcoin and gold have seen a recent jump. Yahoo reported that...
...Gold (GC=F) was trading close to a 6-year high at $1,433.80. Bitcoin was up 2.9% against the dollar (BTC-USD) to $11,363.26 and up 2.7% against to the pound (BTC-GBP) to £8,921.47.
Bitcoin's rise on Tuesday extends a bull run throughout 2019. The cryptocurrency has risen over 170% against the dollar so far this year and broke through $10,000 last Saturday for the first time since March 2018.
Source
What is causing this rise? It was reported that the sanctions the U.S. hit Iran with on Tuesday seemed to be a big factor. Although, "analysts say bitcoins rally has been driven by Facebook's new Libra cryptocurrency project and renewed corporate interest in cryptocurrencies." It was also noted that there were three other variables adding to the spike in gold:
Neil Wilson, chief market analyst at Markets.com, said: 'Four things are really driving gold – falling yields, a weaker dollar, a soft macroeconomic outlook, and geopolitical risks rising in the Middle East.'
We can see that troubling times between countries makes investors want to seek out the safest route, and who can blame them? So, what is safe? GOLD! Yahoo reported:
Gold often rises at times of international tension as investors see it as a safe investment during times of uncertainty. Stocks, by contrast, tend to fall.
Gold will always remain intrinsically safe and valuable. That is because GODcoin will be backed by the highly sought after precious metal. So, what better time than now to invest in GODcoin than when gold and crypto are on the rise? Since GODcoin also accepts other cryptocurrencies as payments, why not invest in a cryptocurrency that will be backed by hard assets opposed to keeping your investments on a ship that is bound to sink with all that is going on in the world? It's better to be safe than sorry. Invest in security today with GODcoin!
This article was authored by Judith Monte, @belovebelight
There are many advantages to GODcoin especially since it is one of the few coins that will be backed by gold and silver. Not only does GODcoin offer the illuminated path towards a prosperous future, but very soon, it will be the global currency. To learn more, visit the following links:
All information provided is available on the official website at https://godcoin.gold
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