People buy gold as a store of value.
But in my experience, when you need gold the most to hedge your portfolio, it hasn’t worked.
During the financial crisis, people moved their assets into gold. But it sold off along with stocks.
And during the crisis last year when the pandemic hit, gold dropped when the stock market did.
Today, Steve Fernandez and I discuss why bitcoin could replace gold as the world’s store of value.
(If you’d prefer to read a transcript, click here.)
Editor, Strategic Fortunes
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