Gold sales spike during crypto market crash, highlighting inverse correlation.

in #crypto7 years ago

Daniel Marburge, director of Europe-based online gold dealer Coinvest, claimed the company sold about 30 kilograms of gold, worth over $1m in one day , Jan 16. In an interview with Bloomberg Wednesday 17 jan.

With most crypto currencies experienced over 40% crash this Tuesday 16 jan till 18 jan.
Potentially causing a spike in gold.

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keep an eye on silver my friend... silver is very near to its come back..