FintekNews, in celebration of the Chicago Mercantile Exchange’s (CME) launch of two new bitcoin indexes (BRR & BRTI), is going to compare the price of bitcoin and gold on a daily basis. We at FintekNews have written (and are on record) of saying that bitcoin will outperform gold in the future.**
Bitcoin IS the new gold.
So, bitcoin vs gold daily with some trading ideas. Thank you CME for making the comparison available.
Tuesday 11/22: Bitcoin $747.27 * Gold $1210.50
Trading thought: Long bitcoin/short gold for long term investing position.
** Please see FintekNews.com articles for reference on pricing below.
BITCOIN-GOLD UPDATE (Published 10/26/16)
BITCOIN-GOLD: $2K $3K? Published 8/17/16)
Bitcoin vs. Gold Daily Pricing Chart
|Daily +/-||Since Inception +/-||Gold Close||Daily