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It's Yahoo Finance. Lazy reporting is expected. It seems like the White House is planning on selling US gold holding above a specific dollar value. Since the p
by ecocentrik 2y ago
It's Yahoo Finance. Lazy reporting is expected.
It seems like the White House is planning on selling US gold holding above a specific dollar value. Since the price of gold in dollars is rising, mostly because the price of the dollar is falling, then they're probably planning on emptying a significant portion of the US gold reserve to allow every major Bitcoin holder to clear their positions.
- OutOfHere 2y agoFor the record, well over 90% of Bitcoin holders already are in the clear. I would imagine the same is also true for gold.
- cratermoon 2y agoIs that 90% by count of individuals or 90% by value? It makes a difference if those 90% hold 10% of the total value.
- ecocentrik 2y agoIf this were true the price of Bitcoin would already be well below the cost of mining it.
- r721 2y ago>It's Yahoo Finance The article seems to be aggregated from some Benzinga website: >Founded in 2010 by Jason Raznick, Benzinga is a financial technology, media, and data company based in Detroit, Michigan. The website also features a news service that publishes financial news. https://mediabiasfactcheck.com/benzinga/ https://mediabiasfactcheck.com/benzinga/