Bloomberg/Sujata Rao-Coverley and Lynn Thompson/11-13-2022
“While plenty of industry die-hards remain, many professional money managers are saying the case for crypto as a portfolio diversifier or digital gold has been debunked. The losses are too great and the market structure is too risky, they say.”
USAGOLD note: Is this one of the reasons for gold’s recent uptrend? Gold owners are not all that concerned about waking up one fine morning to discover that overnight the value of their fiat alternative evaporated.
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