Welcome to our new streamlined format for Bitcoin vs Gold and look for additional changes over the coming weeks, including a new logo and more.
FintekNews compares the price of Bitcoin, Gold & Major Market Averages on a daily basis. FintekNews uses the Chicago Mercantile Exchange’s (CME) bitcoin indexes (BRR & BRTI) for bitcoin pricing.
4/27/17 Closing Prices:
Bitcoin: $1328.83 (+$31.33) Gold: $1265 (-$4.00) Dow Jones Industrials: 20,981.33 (+6.24) S&P 500: 2,388.77 (+1.32) Nasdaq Composite: 6,048.94 (+23.74)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index
Trading Summary Notes for Thursday, 4/27/17:
- Bitcoin on a roll. Breaking out and gaining momentum
- Bitcoin all time highs
- Bitcoin near term price target $1425-$1475
- Gold has no direction. Wandering
- Gold followers are crowding into a crowded trade
- Avoid gold. It's "dead money"
- BITCOIN IS THE NEW GOLD for a "safe haven" trade
CURRENT POSITION: LONG BITCOIN
Past Market 
Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here
We wrote an article (8/17/16) going on the record saying bitcoin will outperform gold
throughout the future. We continue that call.