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Bitcoin gold correlation and cointegration

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AMEX:GLD   SPDR Gold Trust
The relationship bitcoin-gold is not exactly inverse, however, and there are times when both gold and the price of bitcoin rise or fall simultaneously. This charts summarizes the historic bitcoin correlation against gold price. In a nut shell it provides an logarithmic bitcoin price perspective to a gold static correlation value. Read more www.bitcoinprice.mob...10/gold-correlation/

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