Gundlach on gold vs bitcoin: Bitcoin is too risky… gold is in hibernation

24 Comments

1. He's right Bitcoin is too risky, to not hold

2. Bonds ??? What a joke

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4. @Christopher_james0

   #

   TLGM ™

5. Seems like Bitcoin is changing the equation for gold.

6. Wow… one thing is to at least read about that topic you will be giving your opinion about and another is to be completely lazy and bias to the old archaic tools oneself understands… and I am sure that like this clown we have a bunch out there…Finance institutions…you are all under a countdown… and time is running out..

7. This means buy crypto and gold fist over hand. Clueless…

8. this guy is a complete M0RON.

9. It requires money to make money. this is the best secret I have ever discovered we don't make money, we EARn and MULTIPLY money

10. There will continue to be volatility, however, bitcoin is eating everything. "far too speculative" – sounds like a scared old man holding on to a dying system.

11. JEFF…. Please clarify. You mean to tell me if you or your spouse earn a $20k, $30k, $40k bonus from your employer and you really don’t need the money right away, that with the bonus money, you’d buy bonds instead of Bitcoin or Cardano? You wouldn’t speculate that your $40k will be increase by 100%-200%, (or 1,000% with Cardano) over then next 48 months possibly? Why would you not invest one percent to three percent of your portfolio in Bitcoin? The top 5% of Fidelity’s wealthiest clients want some exposure to crypto currency and you tell the world today that you’d go with bonds? What’s your Twitter? Will you pls clarify this for us? Thank you.

12. This guy doesn't understand crypto, hes talking about old era investing like gold and bonds. Its like back in the days when the automobile was coming on board, everyone was talking it down.

13. Because of the economic crisis and the rate of unemployment, now is the best time to invest and make money ?

14. If I had NOT been a Gold bug before I heard of Bitcoin I would NOT have been able to appreciate all the characteristics of Bitcoin when it comes to hard money. I own both Gold and Bitcoin and can say without question Bitcoin has given me a better return. The total Gold supply is unknown. Bitcoin is capped at 21 Million whole Bitcoins. Gold is hard to store. Bitcoin is easy to store. Gold is hard to move. Bitcoin is easy to move. Gold can be faked. Bitcoin cannot be faked. A kilo of Gold is hard to divide. A whole Bitcoin can easily be divided into 100 Million smaller money units called "Satoshi". Gold can be confiscated by Government. Bitcoin cannot be censored or controlled by anybody. Bitcoin is permission less. You don't need a bank or anybody to give their consent to your transactions. Bitcoin is peer to peer without any 3rd party risk. I can send you some Bitcoin and you can give me some product or service. Nobody else need be involved. Bitcoin is the ultimate hard money. Do I still own a little Gold? Yes, but I prefer Bitcoin at this point.

15. The manipulation of gold is the only reason it has value. There are better conductors then gold at .01 the value.

16. Someone is salty that his bonds are fucked

17. @ChampRemy

    I respect your work mate because you are pointing people in the right direction, this is the FOMO August for the incoming dip in September. It is manipulated but that can be a good thing if you understand it. We should all know that when these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. but all thanks to Raymond Champ Remy for his amazing skills for help me to earn 7.1 BTC through trading chart. I believe we are in the spring phase

18. Gold gets stolen gold gets confiscated gold gets banned gold has uncapped supply

19. He was and is wrong on all cryptocurrency, this guy is talking about something that he has no idea about.

20. all markets are MANIPULATED..its all crap

21. Comparing crypto to gold is ridiculous, crypto will be around forever but will have no validity, crypto can be created and destroyed out of thin air

22. Lol.. this guy must be living in the Stone Age.

23. investing in crypto is too risky for you huh? oh well your lost

24. Definitely not in hibernation. Being manipulated beyond belief is the more likely answer. Complete joke

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