Crypto vs Gold
On The 1/23/23 edition of Mad Money, Jim Cramer make the argument that Gold has outperformed Bitcoin, and he claims that Gold has led the rally, as tech has sold off, paraphrasing.
Related Story linked CNBC:
Charts suggest investors should ignore ‘crypto cheerleaders’ and stick with gold, Jim Cramer says
Watch the entire 10 min Video For Yourself
Now Let's Do and Honest Comparison Between Gold and Bitcoin:
1. Bitcoin has traded from 15,700, all the way back to 23k., over the past few months. That's a 50%
gain!
2. Gold has traded from around the $1600 level (1618.30), all the way back to 1939.00, for a gain of 20%.
Although Bitcoin does tend to sell-off with Tech stocks, Gold has in no way outperformed Bitcoin
FACT CHECKED AND PROVEN TOTALLY FALSE!
As I've said before, I believe, former Goldman Sachs Employee, Jim Cramer does the bidding of the Deep State, and the Money Printers, but I'll leave it up to you, to decide, what Cramer's motivation is, for painting a false narrative.
Take Care,
AA
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