Bitcoin/Gold: The Canary in the Coal Mine - Bitcoin trading at roughly 32x the per-ounce price of gold on July 1 leaves it vulnerable to dropping toward 18x, based on Bloomberg Economics' model, with implications for all risk assets. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/syro26t0afb5 {BI COMD} #gold #bitcoin #stockmarket @BBGIntelligence