Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 2698
Markets: 22707
CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
Market Cap
24h Vol
2698
Cryptocurrencies
63.57%
Bitcoin Share
BitcoinSistemi 2025-11-01 14:49:07

Experienced Expert: “Cryptocurrencies Are Not an Alternative to Gold” – Explained What Bitcoin Actually Tracks

Experienced Expert: “Cryptocurrencies Are Not an Alternative to Gold” – Explained What Bitcoin Actually Tracks

Permanent Portfolio Funds President and Portfolio Manager Michael Cuggino stated that rather than being an alternative to gold, cryptocurrencies show a closer correlation with the technology sector and loose monetary policies. Speaking to CNBC, Cuggino argued that investors should keep in mind that these two asset classes are not the same and respond to different dynamics. Related News: US Democrats Propose Anti-Cryptocurrency Bill - Here Are the Details Cuggino stated that there was a time when he thought Bitcoin and other cryptocurrencies would replace gold, but currently, both are rising. He noted that crypto's short 10-15-year trading history has generally shown a greater correlation than gold's performance with funds tracking technology indices (Triple Qs) and periods of loose monetary policy. Cuggino, noting that gold is a very long-cycle asset, explained that its recent strong performance is based on macro factors. These factors include the likely downward trend in Fed interest rate policy, geopolitical issues, central bank purchases, and the expectation that real interest rates may trend negative. *This is not investment advice. Continue Reading: Experienced Expert: “Cryptocurrencies Are Not an Alternative to Gold” – Explained What Bitcoin Actually Tracks

Most Read News

Market Cap
24h Vol
63.57%
Bitcoin Share
340
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.