Gundlach on gold vs bitcoin: Bitcoin is too risky… gold is in hibernation

Gundlach on gold vs bitcoin: Bitcoin is too risky... gold is in hibernation




bitcoin #gold #JeffreyGundlach Jeffrey Gundlach, DoubleLine Capital Founder & CEO, joins Yahoo Finance’s Julia LaRoche to discuss bitcoin and gold.

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24 Comments

  1. <Awesome post ??I must say. Crypto is moving with little sign of stopping throughout the past few days and weeks, with movements reaching a clear impasse, the aggregated cryptocurrency market has been following in Btcoin's lead and is struggling to garner any decisive momentum. One analyst is now noting that BTC has been holding above a key macro level throughout the past few months. I believes that the recent consolidation above this level bodes well for its near-term outlook and could indicate that significantly further upside is imminent in the weeks and months ahead. Tips like this are why it's advisable for investors and newbies to trade with the help of pro traders like Mr David Alex , who is a signal provider

  2. Wow… one thing is to at least read about that topic you will be giving your opinion about and another is to be completely lazy and bias to the old archaic tools oneself understands… and I am sure that like this clown we have a bunch out there…Finance institutions…you are all under a countdown… and time is running out..

  3. JEFF…. Please clarify. You mean to tell me if you or your spouse earn a $20k, $30k, $40k bonus from your employer and you really don’t need the money right away, that with the bonus money, you’d buy bonds instead of Bitcoin or Cardano? You wouldn’t speculate that your $40k will be increase by 100%-200%, (or 1,000% with Cardano) over then next 48 months possibly? Why would you not invest one percent to three percent of your portfolio in Bitcoin? The top 5% of Fidelity’s wealthiest clients want some exposure to crypto currency and you tell the world today that you’d go with bonds? What’s your Twitter? Will you pls clarify this for us? Thank you.

  4. This guy doesn't understand crypto, hes talking about old era investing like gold and bonds. Its like back in the days when the automobile was coming on board, everyone was talking it down.

  5. If I had NOT been a Gold bug before I heard of Bitcoin I would NOT have been able to appreciate all the characteristics of Bitcoin when it comes to hard money. I own both Gold and Bitcoin and can say without question Bitcoin has given me a better return. The total Gold supply is unknown. Bitcoin is capped at 21 Million whole Bitcoins. Gold is hard to store. Bitcoin is easy to store. Gold is hard to move. Bitcoin is easy to move. Gold can be faked. Bitcoin cannot be faked. A kilo of Gold is hard to divide. A whole Bitcoin can easily be divided into 100 Million smaller money units called "Satoshi". Gold can be confiscated by Government. Bitcoin cannot be censored or controlled by anybody. Bitcoin is permission less. You don't need a bank or anybody to give their consent to your transactions. Bitcoin is peer to peer without any 3rd party risk. I can send you some Bitcoin and you can give me some product or service. Nobody else need be involved. Bitcoin is the ultimate hard money. Do I still own a little Gold? Yes, but I prefer Bitcoin at this point.

  6. @ChampRemy

    I respect your work mate because you are pointing people in the right direction, this is the FOMO August for the incoming dip in September. It is manipulated but that can be a good thing if you understand it. We should all know that when these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. but all thanks to Raymond Champ Remy for his amazing skills for help me to earn 7.1 BTC through trading chart. I believe we are in the spring phase

  7. Comparing crypto to gold is ridiculous, crypto will be around forever but will have no validity, crypto can be created and destroyed out of thin air

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