What everyone has been talking about lately

The topic of much conversation lately has been the prospect of Bitcoin replacing Gold has a new digital hedge against inflation. Now of course neither Gold or BTC pays you anything if you own either one. In fact, unless one has physical gold under the mattress, it will cost you to hold it as a wholesale investment too. That has always been the case, but of course gold has one or two things in its favour; you can touch it and wear it around your, neck, finger or wrist. BTC is just a set of digits on the screen that has no tangible or physical value beyond that. Nevertheless, it is increasingly being touted as the new gold and that has been something that is now a hot topic of conversation and speculation. Now, looking at the correlation of the price action between the two instruments over the past couple of weeks, there has seen something of a pattern between the two. It is not exact, but in loose terms, the metal and BTC have been tracking each other in terms of their short term gyrations in recent trading. That does suggest; that whatever your viewpoint on this, the time is not yet here, where gold is ready to give up its seat. Quick news will continue to keep a close eye on this as the week unfolds and if there is a closer link between any inflation based news and corresponding reactions in both