Gold underperforms Bitcoin amid Greek tensions

Tocqueville pointed out in his latest report that although gold has performed poorly during the Greek situation this year, the performance of Bitcoin, which is often compared with gold and is considered a safe haven, is very different.

Tocqueville pointed out that Greece itself has a small economy and banks. The system makes it not too difficult to bypass this system, so there is no large amount of capital flowing into gold, which disappoints those gold bulls who originally expected a sharp rise in gold prices.