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#168 The ‘Acid Capitalist’ Hugh Hendry On The Fed’s No-Win Situation, The Fragility Of Valuations, Gold As ‘The Alchemy Of Chaos,’ Buying Bitcoin, And The Dangerous Sign The Japanese Yen Is Sending

The Julia La Roche Show

NOTE

Exploring the Relationship Between Yen, Gold, and Bitcoin as Alternative Assets

The fluctuations in the yen indicate underlying issues, which gold reflects. Bitcoin is viewed as a modern form of gold, both categorized as alternative investments in the financial market. Gold's total value is around 17 trillion dollars, while Bitcoin's value is below 2 trillion. Bitcoin's potential for growth is seen as easier compared to gold due to its lower initial valuation. Additionally, the concept of halving in Bitcoin production contrasts with the increased production in gold as its price rises, making Bitcoin more appealing as an investment option over gold. This insight suggests a preference for overweighting Bitcoin in one's investment portfolio compared to gold, due to Bitcoin's growth potential and unique production characteristics.

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