To offer some context, after the launch of the GLD "Gold Shares" ETF in Nov 2004, the price of gold increased by +325% over 7 years.
This occurred while gold miners released approximately 23,000 more metric tons of gold to the market, representing around 40% of the estimated global gold reserves during that 7-year span.
The 🌎 does not yet comprehend what a try fixed asset is…
meet our friend #Bitcoin 