Hello readers,
We have compiled a post basis many independent third parties opinion on this topic.
Notably we found out that the expert views are mixed and as follows:
Interestingly so, this means
1. Bitcoin is ‘more speculative’ than gold: ex-Deutsche Bank managing director
https://finance.yahoo.com/news/bitcoin-is-more-speculative-than-gold-ex-deutsche-bank-exec-140107665.html
2. Gold has had a bad month, but bullish activity could suggest a bottom
https://www.cityam.com/gold-has-had-a-bad-month-but-bullish-activity-could-suggest-a-bottom/
3. Considering gold amid rising inflation
https://www.advisor.ca/investments/market-insights/considering-gold-amid-rising-inflation/
4. Discussing the global market outlook
https://www.gold.org/goldhub/gold-focus/2021/07/discussing-global-market-outlook
What this means?
Bitcoin cannot replace physical gold investment as a safe heaven asset
-
Even though gold had a bad month, it had better returns and history of returns than Bitcoins
-
Gold proved that it is the No1. Asset in terms of combating inflation and the best asset for store of value historically
-
Global market analysis that we infer is to diversify your investment portfolio by keeping gold and/or gold physical denominated asset classes
-
We encourage you to make reliable, efficient, and secure investments.
Interact with us NOW. We can help you maximize your investment in gold bullion and/or gold bullion physical investment.
