The gold argument says that money could
flow out of gold and pumped into bitcoin, increasing its market cap, and therefore increasing the target value of a bitcoin.
Not exact matches
Other rate - sensitive assets (e.g. utilities,
gold) sold off as well, and the rotation
out of defensive names into more cyclical companies is evident in recent fund
flows.
Flows out of the Market Vectors
Gold Miners ETF (GDX), which holds senior gold stocks, have been even more dramatic, at $ 94 mill
Gold Miners ETF (GDX), which holds senior
gold stocks, have been even more dramatic, at $ 94 mill
gold stocks, have been even more dramatic, at $ 94 million.
We know from Ezekiel (28:13 — 14) that the garden is planted on a mountain, but we could have inferred that from Genesis 2, since a river
flows out of the garden and downhill to Assyria, Cush, and Havilah, where there is
gold.
The trap contains a series
of slats that slow down the water
flow so that any
gold, mercury or amalgam settles
out.
In that scenario expect a sudden surge
of money
flowing out of Britain and the European Union into the safety
of U.S. assets like
gold and treasuries, sparking a rally in the U.S. dollar.
Other rate - sensitive assets (e.g. utilities,
gold) sold off as well, and the rotation
out of defensive names into more cyclical companies is evident in recent fund
flows.
However, if the U.S. and world stock markets start to lose steam, which early clues suggest could already be the case, then safe - haven
gold would benefit as money starts to
flow out of the riskier asset class, equities.
$ 1.4 billion turns
out to be the incremental cash
flow into a single exchange - traded fund designed to track an index
of the
gold mining industry, including some relatively small - capitalization companies.
With a hard currency,
gold will
flow out of the country or the country would face shortage
of capital to develop.