Kitco, Released on 12/2/24
“It was the strongest month of the year for #Bitcoin and the S&P while, at the other end, #gold and #oil registered monthly losses,” he noted.
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Gold and silver haven take a backseat to Bitcoin for some time now. I stil recall all the goldbugs and silverbugs warning against buying Bitcoin when it was at $1000. Same warnings came when it was $16,000. Now it is $98,500! And where is silver? $31 per oz, significantly below all-time highs.