This article is machine translated
Show original

Stock market guru "Cathie Wood": "I'm afraid of gold's high price, so I'll move my holdings from gold to Bitcoin, with a target price of $15 million by 2030." Gold is only speculated on to this level during periods when the monetary system is on the verge of collapse. ① 1970s–80s: Double-digit hyperinflation ② Great Depression: Forced devaluation of the dollar + government confiscation of gold. Buying gold now is like betting on the world's doom.

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments