After a strong rally this year, gold might just be passing the baton to Bitcoin, which has already soared above $100,000! 🚀💰 That's the word from Fidelity's global strategy director, Jurrien Timmer. He's also pointed out that the Sharpe ratios of both assets are getting closer together. But before you go all-in on crypto, he still recommends a 4:1 portfolio ratio in favor of gold, considering its stability and relative efficiency. 🥇📊 Keep your wits about you, folks! #InvestSmart #GoldVsBitcoin
After a strong rally this year, gold might just be passing the baton to Bitcoin, which has already soared above $100,000! 🚀💰 That's the word from Fidelity's global strategy director, Jurrien Timmer. He's also pointed out that the Sharpe ratios of both assets are getting closer together.
But before you go all-in on crypto, he still recommends a 4:1 portfolio ratio in favor of gold, considering its stability and relative efficiency. 🥇📊 Keep your wits about you, folks! #InvestSmart #GoldVsBitcoin
