All That Glitters With Dan Nathan, Peter Boockvar and Rudi Fronk
RiskReversal Pod
00:00
Is Bitcoin Going to Replace Gold?
I think we're going to see gold over the next few years at $5,000 or higher. And when they do that and go back into QE and start accumulating bonds again to fund the treasury, I think that will shock people. They will be the only savor to the US treasury to fund the US government. The rising interest rates was not just something that took place over many years. It basically happened all in one year. So every loan that comes due each month is going to have to be refinanced at a much higher rate than that loan that is maturing. That creates a lot of dislocations for those that don't have the balance sheets to handle it.
Play episode from 47:26
Transcript
