Bitcoin and Ethereum are ‘cannibalizing’ gold

Investors have cash to burn right now, and based on the astronomical performance of cryptocurrencies like bitcoin and Ethereum, that s where a lot of it is getting funneled. This is coming at the expense of gold, says Tom Lee, the managing partner and head of research at Fundstrat Global Advisors. In fact, he thinks that Continue reading Bitcoin and Ethereum are cannibalizing gold
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