'Bond King' who called Bitcoin a lie now says BTC is a hedge against inflation
Jeffrey Gundlach argues that Bitcoin and gold could serve to protect investors from a weakening dollar in the long term. Bitcoin (BTC) is a recommended hedge against fiat currency inflation along with gold, one of its well-known critics now says.In an appearance on Rosenberg Research’s webcast series on Nov. 2, Jeffrey Gundlach, CEO of investment management firm DoubleLine, produced rare praise for Bitcoin.Bitcoin vs. gold 1-year chart. Source: SkewGundlach tips Bitcoin and gold for fiat protectionGundlach, informally known as the “Bond King,” is no stranger to discussing Bitcoin, but had....
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Doubleline Capital’s CEO, the billionaire “bond king” Jeffrey Gundlach, has predicted that the stock market is going to “crack pretty hard.” While he is bearish on the stock market and long-term bonds, Gundlach says bitcoin and gold are good for hedging against inflation. Jeffrey Gundlach Discusses Stock Market Outlook, Gold and Bitcoin Billionaire fund manager Jeffrey Gundlach talked about bitcoin on the Rosenberg Research webinar earlier this week. He discussed the outcome of the U.S. presidential election and his investment strategies with economist David....
A terse but provocative message by crypto CEO Jacob King has challenged the prevailing narrative around Bitcoin at a time when the asset’s price has reversed much of its 2025 gains. King contends that Bitcoin was never intended to function as a store of value or inflation hedge, two big labels widely used to describe […]
The argument for Bitcoin as an effective hedge for inflation has been a long one in the making and so far, the digital asset has not failed those who have a stake in it. Bitcoin’s returns over the past couple of years have been far greater than the rate of inflation, which currently sits at […]
Doubleline Capital CEO Jeffrey Gundlach, also known as the “bond king,” says he would not be surprised at all if the price of bitcoin falls to $10K. “We’ve already seen around the edges some blowups in parts of the crypto world, and that could be foreshadowing some problems,” he explained.
‘Bond King’ Jeff Gundlach Discusses Bitcoin Falling to $10K
Billionaire investor Jeff Gundlach shared his bitcoin outlook in an interview with CNBC Wednesday.
Gundlach is the CEO of Doubleline Capital, which has over $137 billion in....
One of bitcoin’s main selling points has been the fact that its return has often put it ahead of the inflation rate. Due to this, it has gained notoriety as the “digital gold” as a good portion of the community put forward that the digital asset is a better inflation hedge than any asset. However, […]