1 BITCOIN buys 34 ounces of GOLD. Looking to smash the high.
Updated
Bullish yes...
BUT!!!
With a warning.
If I am looking at this ratio
you can bet your Ass the Bankers are also watching this ratio.
The Mayer multiple is a friendly tool
giving us a potential sell target.
BUT!!!
With a warning.
If I am looking at this ratio
you can bet your Ass the Bankers are also watching this ratio.
The Mayer multiple is a friendly tool
giving us a potential sell target.
Trade closed: stop reached
failure of the Mayer multiple
cup & handle pattern
crypto speculators need to remember the value of Uncle Peter's Schiff precious.
A 5% Gold allocation should be the goal, if you have none.
Note
waiting for this pullback channel to breakout.
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