Apparently there's not enough money in markets these days for simultaneous bull moves in gold and its digital counterpart bitcoin (BTC).

To wit, gold has seen what seems like new record highs on a daily basis for the past few weeks. Bitcoin, meanwhile, despite living in a world with the same bullish catalysts — easing monetary policy, ETF inflows, rising corporate adoption — hasn't been able to get out of its own way.

The action suggests bitcoin may not be able to move into a new sustained upswing until investors cool on the yellow metal.

Indeed, gold Wednesday is having a rare day in the red — down 1.5% to $3,759 per ounce — perhaps "allowing" bitcoin to have what seems like an equally rare positive session, up 1.7% to $113,7000.

While gold and bitcoin may seem to be moving in opposit

See Full Page