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Friday, November 24, 2017

A gold fund is investing in bitcoin

A precious metals fund is investing in bitcoin to reinvest profits from the digital currency in gold assets. Ned Naylor-Leyland, manager of the Old Mutual Gold and Silver Fund, said it started buying bitcoin in April, and that the virtual currency serves as a better allocation than a heavy weighting toward ...

from Google Alert - Bitcoin http://ift.tt/2BjsXPn

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