World’s top investors bullish on gold as hyperinflation looms — not Bitcoin

Bottomless stimulus packages and the threat of endless money printing has some of the world’s leading investors seeking shelter from inflation — but they’re choosing gold over Bitcoin. “Gold is the only escape from global monetising,” wrote famed fund manager Crispin Odey in a recent letter cited by Bloomberg. “In the short term, the money will be made on the inflation bet.” Wall Street mainstays like Greenlight Capital and Blackrock Inc. share Odey’s enthusiasm for the precious metal. Recently, both funds reportedly sent letters urging investors to consider storing their wealth in gold ahead of inflation caused by renewed quantitative easing measures set in… This story continues at The Next Web Or just read more coverage about: Bitcoin