Gold price getting expensive.

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2021-05-21

Gold price getting expensive. Time to buy silver as a next investment

Barrick Gold CEO pans cryptocurrencies as an inferior store of value than gold

Barrick Gold CEO Mark Bristow on Thursday dismissed the idea that cryptocurrencies are a better stor

Barrick Gold CEO pans cryptocurrencies as an inferior store of value than gold

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Time to buy silver as a next investment","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/130575263","repostId":1187313171,"repostType":4,"repost":{"id":"1187313171","pubTimestamp":1621558779,"share":"https://www.laohu8.com/m/news/1187313171?lang=&edition=full","pubTime":"2021-05-21 08:59","market":"us","language":"en","title":"Barrick Gold CEO pans cryptocurrencies as an inferior store of value than gold","url":"https://stock-news.laohu8.com/highlight/detail?id=1187313171","media":"cnbc","summary":"Barrick Gold CEO Mark Bristow on Thursday dismissed the idea that cryptocurrencies are a better stor","content":"<div>\n<p>Barrick Gold CEO Mark Bristow on Thursday dismissed the idea that cryptocurrencies are a better store of value than traditional gold.Bitcoin bulls have argued that the limited supply of the digital ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/20/barrick-gold-ceo-pans-cryptocurrencies-as-an-inferior-store-of-value-than-gold.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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More than 19 million coins are currently in simulation, according to cryptocurrency blockchain explorer service Blockchain.As for gold, about 244,000 metric tons of the metal has been mined to date, based on a count kept by the United States Geological Survey. Gold continues to be a rarity in its own right, according to Bristow.\"As a mining industry, gold miners haven't been able to replace the reserves that they've mined\" since the turn of the century, he said. \"We've only replaced 50% of the gold we've mined.\"Barrick Gold is a miner valued at $44 billion.The comments come after a major meltdown in speculative cryptocurrency markets over the past week, most notably a 30% drop off in bitcoin to near $30,000. The digital currency, along with other crypto names, has since bounced back to trade near $40,000. Bitcoin was below $10,000 a year ago.Meanwhile, the price of gold has risen about 3% over the past week and about 5% in the last year.Shares of Barrick rose almost 1% to $24.81 Thursday. The stock is up 9% year to date.","news_type":1},"isVote":1,"tweetType":1,"viewCount":148,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["TWX","TIME"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":58,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}