Bitcoin versus gold: Which is better during outbreaks like coronavirus?

By Kitco News / February 20, 2014 / marketsanity.com / Article Link

the coronavirus, said Clem Chambers of Investorshub.com, who considers the largest cryptocurrency to be the "flight asset of choice".

"Bitcoin is now proven to be of use, because you can buy it and turn it into fiat very, very quickly and very, very easily international. So, if you had to make plans quickly, as a lot of people in Asia I'm sure are worried about being kettled in their cities, not just in China, you'd want to have the ability to take $100,000, $200,000, a million five million dollars worth of assets abroad with you," Chambers told Kitco News.

Recent News

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com

Gold stocks gain on metal rise and continued equities rebound

August 26, 2024 / www.canadianminingreport.com

Big Gold stocks outperform Big Base Metals

August 19, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok