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>>	Anonymous Tue Sep 11 19:29:37 2018 No.11041920 [View] File: 16 KB, 450x311, 1536525171888.png [View same] [iqdb] [saucenao] [google] What does the historic price if gold mean for the price if Bitcoin?

Anonymous Sun Sep 9 16:32:51 2018 No.11014490 [View]
File: 16 KB, 450x311, Gold-Chart-1974-2012.png [View same] [iqdb] [saucenao] [google]

>>11014421
A Bitcoin ETF could actually change things though.

Take gold for example:

November, 2004: SPDR Gold Shares ETF launched
November, 2005: Spot gold breaches $500 for the first time since December 1987.
May, 2006: Gold prices peak at $730 an ounce.
November, 2007: Spot gold hits a 28-year high of $845.40 an ounce.
March, 2008: Benchmark gold contract trades over $1,000 for the first time in U.S. futures market.
September, 2008: Spot gold rises by nearly $90 an ounce, a record one-day gain.
September, 2010: Gold prices reach $1,300 an ounce.
September, 2011: Gold prices hit a high of $1,895 USD/oz

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