Investing

Gold Is Good But Bitcoin Better for $7.5 Billion Hedge Fund

Both assets well-placed to withstand Fed taper, SkyBridge says
Bullion still expected to hit record amid debt-level concerns

WATCH: SkyBridge Capital’s Troy Gayeski talks Bitcoin with Bloomberg Television.(Source: Bloomberg)

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE

By Ranjeetha Pakiam

June 6, 2021 at 5:00 PM EDT

Updated on

June 7, 2021 at 5:20 AM EDT

This article is for subscribers only.

Follow us @crypto for our full coverage.

Gold will surge to fresh highs in the next year, but investors seeking currency alternatives as global debt balloons should look to Bitcoin, according to a $7.5 billion hedge fund.

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

LEARN MORE