A few days ago we first showed a chart of a dramatic divergence between the price of gold and bitcoin…
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… which together with a recent unscientific poll showing that more Ron Paul followers prefer bitcoin to gold…
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…prompted many to wonder if bitcoin – whether it is a commodity, currency, commodity-equity hybrid as some suggest, or simply a bubble as its opponents claim daily – was stealing demand for gold.
This post was published at Zero Hedge on Dec 12, 2017.