Cryptocurrencies aren't an option, yet, says WGC

THE gold price lost more than 1.5% or US$20 last week, just as World Gold Council chief market strategist John Reade was stoically defending the precious metal’s position as the ultimate currency and store of value to an investor audience at the Mining Journal Select conference in London.

Cryptocurrencies aren't an option, yet, says WGC Cryptocurrencies aren't an option, yet, says WGC Cryptocurrencies aren't an option, yet, says WGC Cryptocurrencies aren't an option, yet, says WGC Cryptocurrencies aren't an option, yet, says WGC

Gold is secure in its position as the ultimate currency ... for now

Such a short-term price shift with its accompanying commentary from pundits was of little interest to Reade, who was there to talk about the fundamental qualities of gold that would, and were already,