11 minutes | Jul 23, 2021

Gold vs. Bitcoin: Your No. 1 Hedge Asset in 2021

For decades, seasoned investors have used gold as a means to hedge against potential market downturns and inflation. Gold doesn’t have any credit or default risks; it holds intrinsic value because of its limited supply. If you wanted to protect your portfolio against market downside or a rise in inflation, you held gold in some form or fashion.Today, investors have added a new asset to the list of potential hedges: cryptocurrency (more specifically, bitcoin).In this episode of The Bull & The Bear, I compare using gold vs. using bitcoin as a hedge against a market downturn or a rise in inflation.Be sure to also subscribe to our YouTube channel for more videos like my weekly Marijuana Market Update.Have something you want us to talk about? Email thebullandthebear@moneyandmarkets.com and give us your thoughts.Check out moneyandmarkets.com, and sign up for our free newsletters that deliver you the most important and unbiased financial news, commentary, and actionable advice.Also, follow us on:FacebookTwitterLinkedIn
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