Bitcoin Can Protect Your Portfolio From Inflation
Discussing how bitcoin can protect portfolios from inflation and the proposed U.S. infrastructure bill.Watch This Episode On YouTubeListen To This Episode:SpotifyGooglePodbeanIn this episode of the “Bitcoin Bottomline,” hosts Steven McClurg and C.J. Wilson discussed how to alter your portfolio allocation based on inflation, what the infrastructure bill means for Bitcoin and how legislative involvement plays a part in the Bitcoin space. This episode dove into the details of the proposed U.S. infrastructure bill, including providing perspective on the terminology in the bill. McClurg....
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Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper in a journal published by the Central Bank of Nigeria (CBN) found, Nigerians’ use of dollars exceeds IMF’s 30% threshold. Exchange Rate Volatility and Currency Substitution According to a report, this preference for foreign currencies (or currency substitution as CBN economists call it) however, needs to be contained in order to maintain the effectiveness of the central....
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his investment strategy with cryptocurrency as part of his portfolio. He warned that cash is the worst investment because it is eaten away by inflation.
Ray Dalio’s Investment Advice: Cash Is Depreciating, Diversify Portfolio Well
Bridgewater Associates founder Ray Dalio shared his investment strategy last week. He currently serves as Bridgewater Associates’ chairman and co-chief investment officer. His firm’s clients include endowments,....
A portfolio manager and member of Blackrock’s Global Allocation Fund says gold is now a less effective hedge against inflation as well as moves in other assets such as stocks. In comments that appear to undercut the precious metal’s renowned status, Russ Koesterich claims that “gold’s ability to hedge against inflation has been somewhat exaggerated.” Gold Less Reliable Across Most Investment Horizons While Koesterich is still cognizant of gold’s status as a “reasonable store of value over the very long-term,” he does however opine that....
Across multiple economic downturns and bear markets, gold has proven to be a haven for investors worldwide, with many traders and investors opting to invest in it to protect their capital against value depreciation, which occurs from inflation, causing an increase in general prices. Because gold prices are related to the US dollar value due to gold being dollar-denominated, a stronger USD keeps the price of gold down and more controlled. A weaker USD drives the gold price higher due to increasing demand. Ultimately this means that more gold can be purchased when the dollar is more....
Legendary investor Paul Tudor Jones returned to CNBC’s Squawk Box stage to talk about inflation and his favorite hedge against it, Bitcoin. During his interview, Tudor Jones referred to inflation as “the number one issue facing investors” and financial markets. Related Reading | Why Paul Tudor Jones Could Invest 5% Of Its Portfolio In Bitcoin Unlike […]