The "Sell Gold, Buy Bitcoin" Discussion Grows, But Markets Do Not Yet Believe
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Gold-For-Bitcoin Rumor Lacks Market Confirmation So Far
Investment flows offer limited support for a rumor circulating in Washington that the United States could sell part of its gold reserves in order to buy bitcoin. Recent price action in the metals and crypto complex shows little sign that investors believe such a plan is imminent or credible.
The skinny
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