Wednesday, August 21, 2019

TheStreet: Bitcoin Failed as a Safe-Haven Investment Last Week

By SIMON CONSTABLE

Whatever bitcoin might be, it isn't a substitute for gold bullion. 

Specifically, it fails as a hedge.

"I would call gold more of hedge and bitcoin more of a speculation," says Jack Ablin, chief investment officer at Chicago-based Cresset Capital Management. Read more here.

No comments: