Gold's surge past the $3000 milestone was driven by "beleaguered investors seeking the ultimate safe-haven asset...
Why not Bitcoin?
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20 sats \ 5 replies \ @grayruby 5h
If it rallies any higher I might consider selling some, which I have never done.
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40 sats \ 4 replies \ @Coinsreporter OP 4h
The gold we have is all in ornaments and there's no way I can sell it. I mean the women here don't allow to take profits. However it's very common in Indian households to have a lot of Gold but all for women.
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20 sats \ 3 replies \ @grayruby 4h
I know gold is very popular in Indian culture.
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20 sats \ 2 replies \ @Coinsreporter OP 4h
Its Only possible because of the insane love for gold by women.
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20 sats \ 1 reply \ @grayruby 4h
If only they loved Bitcoin so much. Haha
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40 sats \ 0 replies \ @Coinsreporter OP 4h
I wonder it so much. So grateful to my wife that she doesn't have this common attribute and understands that Bitcoin is better because I say so. I mean she believes me but doesn't want to understand the economics. Still, there are two occassions when I've to buy her something precious, one is our anniversary and the second is Karwa Chouth when she dry fasts for my health and long life.
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20 sats \ 3 replies \ @Undisciplined 5h
Legacy asset that people understand is a hedge against economic turmoil.
Plus, gold was already starting to move in preparation for Trump's tariffs.
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36 sats \ 2 replies \ @Coinsreporter OP 4h
I guess Bitcoin people will also take their chances if a real turmoil is to happen. Bitcoin people are more educated and they know we are not gonna see a recession very soon even with Trump going ballistic with tarrifs.
What are the chances of a sharp decline back to $2500?
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0 sats \ 1 reply \ @Undisciplined 4h
Gold or Bitcoin at $2500?
Don't be so sure about the recession, either. Declaring a recession is partly political and the people responsible for doing that hate Trump. If it's close, they'll shout "Recession!".
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41 sats \ 0 replies \ @Coinsreporter OP 4h
What! Bitcoin isn't going to $2500 even if the world goes upside down.
I'm so sure that there's no recession around the corner.
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