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feld (feld@bikeshed.party)'s status on Friday, 07-Jun-2024 04:23:49 JSTfeld @arcana @anemone @shibao @sun @fcktheworld587 if the Fed cuts rates and gold moves 2% BTC will move like 10%
Remember, gold only became legally traded in an ETF back in 2004. And it didn't help people weather 2008. In fact, gold dropped in 2008 because holders had to liquidate their positions to cover