63.07 F
London
November 24, 2024
PI Global Investments
Gold

Billionaire Investor Tudor Jones Now Advocates Bitcoin and Gold as Inflation Shields


Legendary hedge fund manager Paul Tudor Jones reinforced his bullish viewpoint on alternative investments and stressed that Bitcoin, gold.

Legendary hedge fund manager Paul Tudor Jones reinforced his bullish viewpoint on alternative investments and stressed that Bitcoin, gold, and commodities are indispensable tools in the fight against inflation. Speaking on CNBC’s Squawk Box this Tuesday, the billionaire investor painted a picture of an economic landscape where inflation seems ever more inevitable.

“I think all roads lead to inflation,” Tudor Jones said during the broadcast, in which he disclosed his big positions across asset classes. The veteran investor was particularly passionate about the prospects for commodities markets, which he termed “ridiculously under-owned” and said he was heavily invested in.

Tudor Jones offered a far more diplomatic view on how investment strategies diverge across generational lines and suggested that Nasdaq holdings have become the favored hedge for younger investors. He instead suggested a mixed strategy, where an investor is better off having gold, Bitcoin, commodities, and Nasdaq in their portfolio while maintaining limited exposure to fixed-income instruments.

Using Japan as comparison in monetary policy, Tudor Jones showed how inflation could be the exit strategy from current financial straits. Japan, holding onto 2% inflation with 30 basis points overnight, shows reluctance to raise rates, he observed, implying that inflating the economy could be a viable exit strategy from present financial constraints.

This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators.
This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice.
The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.



Source link

Related posts

1955 Chevrolet Bel Air Replica With 24-Carat Gold Belongs in a Jewelry Safe

D.William

Marmota Limited Initiates Goolagong Gold Drilling

D.William

Pre-Order and Save 39% on Test Drive Unlimited Solar Crown Gold Edition

D.William

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.