Re: Gold Price Prediction & its impact on cryptocurrencies
I just read about the prediction that the price of gold will go to the moon
the price of Gold for the past few years
https://goldprice.org/spot-gold.html
are you sure the price of gold will break $ 321.54 / gram and how will it affect the crypto backed-gold currencies like GOLD stable coin
give your opinion
Over the long term the price of gold should always go up, after all even if gold is mined every year the rate at which this happens is lower than the rate at which governments print their fiat currencies, however the speed at which this happens is very slow compared to bitcoin so anyone thinking about investing in gold should think about doing so over at least a decade and even that amount of time could not be enough to see any results if paper assets perform well during that time.Quote
World gold is predicted to fly to US $ 10,000 / troy ounce, by Dan Olivier, founder of Myrmikan Capital. This is a New York-based fund management company focused on gold research (Myrmikan Research) and fund manager Myrmikan Gold Fund.
Referring to the rules in the market, one troy ounce is equivalent to 31.1 grams, so the amount of US $ 10,000 per troy ounce projected by Dan Oliver, then converted by dividing the number by 31.1 grams, the result is the US $ 321.54 / gram
Referring to the rules in the market, one troy ounce is equivalent to 31.1 grams, so the amount of US $ 10,000 per troy ounce projected by Dan Oliver, then converted by dividing the number by 31.1 grams, the result is the US $ 321.54 / gram
the price of Gold for the past few years
https://goldprice.org/spot-gold.html
are you sure the price of gold will break $ 321.54 / gram and how will it affect the crypto backed-gold currencies like GOLD stable coin
give your opinion