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Bitcoin Discussion
Topic OP
Gold quickly becoming more scarce. Which will be worth more, Bitcoin or Gold?
by
687_2
on
25/03/2020, 06:37:56 UTC
Gold selling out, private persons are going to have trouble taking delivery:
https://newsroom.proaurum.de/pro-aurum-schliesst-edelmetall-shop-vom-23-bis-einschliesslich-25-maerz-2020/
https://www.handelsblatt.com/finanzen/maerkte/devisen-rohstoffe/edelmetalle-mangelware-gold-nachschub-aus-der-schweiz-geraet-ins-stocken/25672404.html?ticket=ST-511794-2IgeAmgrQz4Q730T9Yxt-ap1
Refineries in Switzerland melt 70% of all gold, all are shut down:
https://www.aargauerzeitung.ch/wirtschaft/schweiz-schmilzt-das-gold-der-welt-die-groessten-raffinerien-sind-hier-129626667
https://goldswitzerland.com/swiss-gold-refiners-cease-production-end-of-paper-market/
Limited supplies and great demand can drive prices very high. Which will be worth more in a year, Bitcoin or Gold?