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Bitcoin gold correlation and cointegration

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 http://www.bitcoinprice.mobi/2014/10/gold-correlation/
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