While the price of ounce of gold continues to decline, the market giants continue to evaluate the market. One of them was Kai Hoffmann, CEO of ORNIC. Kai Hoffmann, the price of gold before the rise in the beginning of this month, the company’s financing in the field of precious metal, he said. Here are the details of CEO’s interview…
ORİNC CEO shared his comments about the gold market: “Stable”
Hoffmann spoke at the Deutsche Goldmesse fair in Frankfurt, Germany in mid -November. ORANC is followed by financing for young people and miners. Kriptokoin.comAs we have reported, at the beginning of this month, two news caused the rise of gold. The first was inflation data in the USA. Inflation rose to 6.2 percent. The second development was the legalization of US infrastructure legislation of $ 1 trillion. Gold made a solid exit of $ 1,850 per ounce. Today, however, precious metals fell with the wider stock index.
Hoffmann said that the index of ORİNC had experienced “a little rally” by experiencing an “increase in the last three to four weeks”. Hoffmann also focused on Bitcoin against gold and said that the market value and the pioneer crypto currency were “very variable .. Hoffmann added that gold can perform better in the black swan race, he used the following statements:
The themes we hear in the [conference] are that there are exit from the crypto currency area. In Bitcoin, [supply] is limited and not below, ie Bitcoin can explode. Very, very variable. Gold is more stable.
