Gold is not doing bad in EUR
And keep in mind gold has done great over 20 years, when there was no Bitcoin
Gold will exist in 20 years, BTC not sure
Major reason for gold weakness is: MANIPULATION VIA PAPER GOLD
90+% of gold transactions is paper gold, futures etc; gold is created from thin air via paper certificates and sold short....the papers can never be redeemed for real gold just fiat money, therefore this can be done in an unlimited amount
Now with BTC this is impossible, because no paper BTC exist, cannot exist due to limited amount and deflationary behaviour
BTC and Gold both deserve to exist but not fiat money
