Bitcoin has broken through $50k, so there is now some USD940 billion in circulation. What would be the impact on the Gold price? It seems to me that many Bitcoin purchasers are buying as an alternative to buying Gold as a store of assets.<\/p><\/blockquote>\n
Bitcoin may be diverting some investors from gold but we believe this is marginal. Global gold reserves ($9.6T according to Perth Mint) are still 10 times the size of Bitcoin.<\/p>\n
If we look at 2018, when Bitcoin fell from $19,000 to $3,200….<\/p>\n
![\"Bitcoin\"](\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-02-16-bc18.png?w=525&ssl=1\")
<\/p>\n
There was little benefit to Gold which also fell for most of the year.<\/p>\n
![\"Gold](\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-02-16--gold.png?w=525&ssl=1\")
<\/p>\n
Again in 2020, when Gold peaked at the beginning of August….<\/p>\n
![\"Gold](\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-02-16-gold.png?w=525&ssl=1\")
<\/p>\n
Bitcoin remained flat for 3 months before commencing an up-trend in November 2020. And broke $20,000 on Dec 17th, while Gold was rallying.<\/p>\n
![\"Bitcoin](\"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2021\/2021-02-16-bc21.png?w=525&ssl=1\")
<\/p>\n
Conclusion<\/h2>\n
The rise in Bitcoin is not the cause of recent weakness in Gold.<\/p>\n
We see Bitcoin as speculative and would not hold it as a store of value — any more than Dutch tulips.<\/p>\n
Gold has served as a store of value for thousands of years and this is unlikely to change.<\/p>\n","protected":false},"excerpt":{"rendered":"
Interesting question from Steve: Bitcoin has broken through $50k, so there is now some USD940 billion in circulation. What would be the impact on the Gold price? It seems to me that many Bitcoin purchasers are buying as an alternative to buying Gold as a store of assets. Bitcoin may be diverting some investors from … <\/p>\n
Continue reading “Gold versus Bitcoin”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9],"tags":[4585,1578],"class_list":["post-24143","post","type-post","status-publish","format-standard","hentry","category-gold-precious-metals","tag-bitcoin","tag-gold-2"],"yoast_head":"\nGold versus Bitcoin - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold versus Bitcoin - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Interesting question from Steve: Bitcoin has broken through $50k, so there is now some USD940 billion in circulation. What would be the impact on the Gold price? It seems to me that many Bitcoin purchasers are buying as an alternative to buying Gold as a store of assets. Bitcoin may be diverting some investors from … Continue reading "Gold versus Bitcoin"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2021\/02\/17\/gold-versus-bitcoin-2\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-17T02:55:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-02-17T03:03:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.incrediblecharts.com\/images\/2021\/2021-02-16-bc18.png\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/02\\\/17\\\/gold-versus-bitcoin-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/02\\\/17\\\/gold-versus-bitcoin-2\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Gold versus Bitcoin\",\"datePublished\":\"2021-02-17T02:55:08+00:00\",\"dateModified\":\"2021-02-17T03:03:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/02\\\/17\\\/gold-versus-bitcoin-2\\\/\"},\"wordCount\":186,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/02\\\/17\\\/gold-versus-bitcoin-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2021\\\/2021-02-16-bc18.png\",\"keywords\":[\"Bitcoin\",\"Gold\"],\"articleSection\":[\"Gold & Precious Metals\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/02\\\/17\\\/gold-versus-bitcoin-2\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/02\\\/17\\\/gold-versus-bitcoin-2\\\/\",\"name\":\"Gold versus Bitcoin - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/02\\\/17\\\/gold-versus-bitcoin-2\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/02\\\/17\\\/gold-versus-bitcoin-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2021\\\/2021-02-16-bc18.png\",\"datePublished\":\"2021-02-17T02:55:08+00:00\",\"dateModified\":\"2021-02-17T03:03:36+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/02\\\/17\\\/gold-versus-bitcoin-2\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/02\\\/17\\\/gold-versus-bitcoin-2\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/02\\\/17\\\/gold-versus-bitcoin-2\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2021\\\/2021-02-16-bc18.png\",\"contentUrl\":\"https:\\\/\\\/www.incrediblecharts.com\\\/images\\\/2021\\\/2021-02-16-bc18.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2021\\\/02\\\/17\\\/gold-versus-bitcoin-2\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gold versus Bitcoin\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. Strategic. Unfiltered. \",\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/thepatientinvestor.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\",\"name\":\"The Patient Investor Pty Ltd\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"width\":250,\"height\":250,\"caption\":\"The Patient Investor Pty Ltd\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/profile.php?id=61572934660810\",\"https:\\\/\\\/www.instagram.com\\\/colin_thepatientinvestor\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\",\"name\":\"Colin Twiggs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g\",\"caption\":\"Colin Twiggs\"},\"description\":\"Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\\\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.\",\"sameAs\":[\"https:\\\/\\\/facebook.com\\\/people\\\/The-Patient-Investor\\\/61572934660810\\\/\",\"https:\\\/\\\/www.instagram.com\\\/colin_thepatientinvestor\",\"https:\\\/\\\/au.linkedin.com\\\/in\\\/colintwiggs\"],\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/author\\\/investor\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gold versus Bitcoin - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"Gold versus Bitcoin - the patient investor","og_description":"Interesting question from Steve: Bitcoin has broken through $50k, so there is now some USD940 billion in circulation. What would be the impact on the Gold price? It seems to me that many Bitcoin purchasers are buying as an alternative to buying Gold as a store of assets. Bitcoin may be diverting some investors from … Continue reading \"Gold versus Bitcoin\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/02\/17\/gold-versus-bitcoin-2\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_author":"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","article_published_time":"2021-02-17T02:55:08+00:00","article_modified_time":"2021-02-17T03:03:36+00:00","og_image":[{"url":"https:\/\/static.incrediblecharts.com\/images\/2021\/2021-02-16-bc18.png","type":"","width":"","height":""}],"author":"Colin Twiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Colin Twiggs","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2021\/02\/17\/gold-versus-bitcoin-2\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2021\/02\/17\/gold-versus-bitcoin-2\/"},"author":{"name":"Colin Twiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454"},"headline":"Gold versus Bitcoin","datePublished":"2021-02-17T02:55:08+00:00","dateModified":"2021-02-17T03:03:36+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2021\/02\/17\/gold-versus-bitcoin-2\/"},"wordCount":186,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2021\/02\/17\/gold-versus-bitcoin-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2021\/2021-02-16-bc18.png","keywords":["Bitcoin","Gold"],"articleSection":["Gold & Precious Metals"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2021\/02\/17\/gold-versus-bitcoin-2\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/02\/17\/gold-versus-bitcoin-2\/","name":"Gold versus Bitcoin - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2021\/02\/17\/gold-versus-bitcoin-2\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2021\/02\/17\/gold-versus-bitcoin-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.incrediblecharts.com\/images\/2021\/2021-02-16-bc18.png","datePublished":"2021-02-17T02:55:08+00:00","dateModified":"2021-02-17T03:03:36+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2021\/02\/17\/gold-versus-bitcoin-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2021\/02\/17\/gold-versus-bitcoin-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2021\/02\/17\/gold-versus-bitcoin-2\/#primaryimage","url":"https:\/\/www.incrediblecharts.com\/images\/2021\/2021-02-16-bc18.png","contentUrl":"https:\/\/www.incrediblecharts.com\/images\/2021\/2021-02-16-bc18.png"},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2021\/02\/17\/gold-versus-bitcoin-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"Gold versus Bitcoin"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. Strategic. Unfiltered. ","publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thepatientinvestor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thepatientinvestor.com\/#organization","name":"The Patient Investor Pty Ltd","url":"https:\/\/thepatientinvestor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"The Patient Investor Pty Ltd"},"image":{"@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=61572934660810","https:\/\/www.instagram.com\/colin_thepatientinvestor"]},{"@type":"Person","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454","name":"Colin Twiggs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/29a4e13250381b203ea835108c2d5eee4947439713c271ae5ba60afb53194432?s=96&d=mm&r=g","caption":"Colin Twiggs"},"description":"Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.","sameAs":["https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","https:\/\/www.instagram.com\/colin_thepatientinvestor","https:\/\/au.linkedin.com\/in\/colintwiggs"],"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-6hp","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":30532,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/01\/20\/stocks-bitcoin-down-gold-silver-up\/","url_meta":{"origin":24143,"position":0},"title":"Stocks\/bitcoin down, gold\/silver up","author":"Colin Twiggs","date":"January 20, 2022","format":false,"excerpt":"Bitcoin continues to decline, headed for another test of support at 40K, warning that investors are growing risk-averse in response to an increasingly hawkish Fed. Breach of 40K would warn of a decline to 30K, less than half of its recent high. The Nasdaq 100 broke its rising trendline, warning\u2026","rel":"","context":"In "Cryptocurrency"","block_context":{"text":"Cryptocurrency","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/cryptocurrency\/"},"img":{"alt_text":"Bitcoin","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-01-20-btc2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-01-20-btc2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-01-20-btc2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-01-20-btc2.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":30506,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/01\/18\/why-falling-bitcoin-prices-are-good-news-for-gold\/","url_meta":{"origin":24143,"position":1},"title":"Why falling Bitcoin prices are good news for Gold","author":"Colin Twiggs","date":"January 18, 2022","format":false,"excerpt":"Gold anticipated a sharp step in negative real yields, rising to $2000 per ounce by July 2020, but then fell to between $1700 and $1900 where it has been ranging for the past year. The chart below compares the Gold price to real 10-Year Treasury yields (on a negative scale).\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Gold & Real 10-Year Treasury Yield (negative scale)","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-01-18-gold-10y-cpi.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-01-18-gold-10y-cpi.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-01-18-gold-10y-cpi.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-01-18-gold-10y-cpi.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":22771,"url":"https:\/\/thepatientinvestor.com\/index.php\/2020\/11\/21\/gold-versus-bitcoin\/","url_meta":{"origin":24143,"position":2},"title":"Gold versus Bitcoin","author":"Colin Twiggs","date":"November 21, 2020","format":false,"excerpt":"Gold has served as a medium of exchange for over 6000 years. The use of gold as money can be traced back to circa 4000 B.C. when the Egyptians used gold bars of a set weight as a medium of exchange. Bitcoin was invented in 2008 by an unknown person\u2026","rel":"","context":"In "Alternative Investments"","block_context":{"text":"Alternative Investments","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investing\/alternative-investments\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62114,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/07\/11\/bitcoin-blast-off-bullish-for-sp-500\/","url_meta":{"origin":24143,"position":3},"title":"Bitcoin blast-off bullish for S&P 500","author":"Colin Twiggs","date":"July 11, 2025","format":false,"excerpt":"Summary Bitcoin reaches a new high The bullishness is expected to spill over into stocks Bitcoin blasted through resistance at 110K, reaching a new high at 117.6K, signaling a surge of animal spirits in financial markets. The result is bound to be bullish for US stocks. The S&P 500 recovered\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"Bitcoin (BTC)","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-10-btc.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-10-btc.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-07-10-btc.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":50890,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/04\/09\/gold-and-bitcoin-rally-while-stocks-lag\/","url_meta":{"origin":24143,"position":4},"title":"Gold and Bitcoin rally while stocks lag","author":"Colin Twiggs","date":"April 9, 2024","format":false,"excerpt":"The S&P 500 continues to test support at 5200, while lower Trend Index peaks warn of selling pressure. Breach of 5100 is now as likely and would warn of a strong correction. From Jim Grant at Grant's Almost Daily: A rise in ill omens helps usher in first quarter earnings\u2026","rel":"","context":"In "Crude Oil & Natural Gas"","block_context":{"text":"Crude Oil & Natural Gas","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/crude-oil-natural-gas\/"},"img":{"alt_text":"S&P 500","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-04-08-spx.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-04-08-spx.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-04-08-spx.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":63426,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/12\/30\/shaking-out-the-gold-and-silver-stops\/","url_meta":{"origin":24143,"position":5},"title":"Shaking out the gold and silver stops","author":"Colin Twiggs","date":"December 30, 2025","format":false,"excerpt":"Key Points Gold and silver fell sharply on Monday. Currency markets remain calm, and we view the precious metals correction as an attempt to trigger stop-loss orders in thin holiday trading. Gold retreated below its new support level at $4,500 per ounce, testing support at $4,300. We expect support to\u2026","rel":"","context":"In "Cryptocurrency"","block_context":{"text":"Cryptocurrency","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/forex\/cryptocurrency\/"},"img":{"alt_text":"Spot Gold","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-12-30-gold.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-12-30-gold.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-12-30-gold.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/24143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=24143"}],"version-history":[{"count":4,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/24143\/revisions"}],"predecessor-version":[{"id":24147,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/24143\/revisions\/24147"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=24143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=24143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=24143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}