Paul Tudor Jones Advocates ‘Long Bitcoin, Long Gold’ As Key Inflation Hedge Strategy, Calls For ‘Inflate Your Way Out’ Playbook
Posted On October 22, 2024
In an appearance on CNBC Squawk Box on Tuesday, billionaire hedge fund manager Paul Tudor Jones shared his bullish outlook on Bitcoin (CRYPTO: BTC), gold and commodities as effective tools to protect against inflation.
What Happened: During the interview, Tudor Jones stated, “All roads lead to inflation,” and revealed that he is long on gold, Bitcoin, and commodities. He emphasized, “Commodities are so ridiculously under-owned. So, I’m long commodities.”
He also highlighted that younger investors tend to hedge inflation through the NASDAQ, though he recommended a blend of gold, Bitcoin, commodities, and NASDAQ holdings. …
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