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Chaintimes 2021-06-02 11:09:53

Goldman Sachs Commodities chief says cryptocurrencies are a substitute for copper not gold.

“Digital currencies are not substitutes to gold. If anything, they may be a substitute for copper. And the reason I argue that is they’re pro-risk, they’re risk-on assets,” eff Currie, the head of commodities at Goldman Sachs, said in an interview with CNBC. The terms “risk-on” and “risk-off” usually refer to various economic environments and […]Read full post Goldman Sachs Commodities chief says cryptocurrencies are a substitute for copper not gold. on Chaintimes.com.

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