Anthony Pompliano Says Bitcoin’s Made Gold A ‘Disastrous Investment’—How Come GLD Keeps Making New Highs?
Posted On October 13, 2025
Bitcoin (CRYPTO: BTC) is “the hurdle rate” that has made gold as measured by the SPDR Gold Trust (NYSE:GLD) a “disastrous investment” since 2020, according to Anthony Pompliano.
Gold Loses 84% Against Bitcoin Since 2020
Pompliano cited data showing that gold has lost 84% of its purchasing power in Bitcoin terms since 2020.
Despite gold’s record highs above $4,070 per ounce this month, one Bitcoin now buys roughly 16 times more gold than it did five years ago.
The math checks out: gold’s price rose …
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