Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Hedge Funds Abandon Gold To Chase Bitcoin

Courtesy of ZeroHedge. View original post here.

Since the beginning of December, gold and bitcoin have drastically diverged.

For the first 11 months of this year, gold and bitcoin were largely positively correlated (albeit low at 0.25). That changed at the start of December…

As it seems gold's relative tranquility was shunned in favor of Bitcoin's chaos…

And hedge fund managers dumping their gold positions and, as the chart below shows, piling into digital gold

Who knows how long this regime shift will last, but we do note that Gold/Bitcoin is at a critical level of overbought-ness once again…


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!