Average Prices of VANCOUVER and TORONTO Single Family Detached Houses, BITCOIN and GOLD all Denominated in USD.
See also the chart comparing PRICES in $CAD and $USD for Single Family Detached Houses in Vancouver, Toronto and Calgary with FX and Crude Oil Notations
CLICK CHART TO ENLARGE
Thanks and a Hat Tip to @MikeCautillo for showing me how to get Bitcoin data from https://coinmetrics.io/community-network-data/#comm-files
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In October 2020 Bitcoin and Toronto and Vancouver Single Family Detached average prices pressed higher towards their recent highs while Gold bullion prices slowed their tentative crawl up the wall of worry. FOMO 2.0 has had the animal spirits fully engaged since 1Q 2020, and the bulls have the previous peaks in sight.
Below are live charts from TradingView for BTCUSD and GC1! |
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TradingView Crypto assets that include Bitcoin
Bitcoin is the world’s most-traded cryptocurrency which represents a massive share of the cryptocurrency market. It was the first cryptocurrency that was introduced to the public and has therefore the most developed infrastructure. It is often considered to be a trendsetter in the cryptocurrency world. Bitcoin essentially created an alternative asset class and can be used in portfolio hedging strategies especially during the turbulent markets. |
TradingView Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn't have an implied backing with any physical form of monetization. AU is the code for Gold on the Periodic table of elements, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the value of Gold across the world.
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