Prolific American investor Stanley Druckenmiller says he’s now positioning himself short on the US dollar. According to the Financial Times, Druckenmiller, also known as “The Druck,” says the USD had a good run in recent years, but is now at the start of a lengthy correction. Speaking at a conference in Oslo, Norway, Druckenmiller said, […]
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Billionaire investor and hedge fund legend Stanley Druckenmiller is expressing optimism over crypto assets. Druckenmiller says in a CNBC interview that the lack of confidence and trust in central banks could lead to crypto assets playing a “big role” when the rebuilding of economies starts. “I still think… if the Bank of England, what they […]
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Renowned billionaire hedge fund manager Stanley Druckenmiller says he could see cryptocurrency “having a big role in a Renaissance because people just aren’t going to trust the central banks.” He added that he will be “stunned” if the U.S. isn’t in a recession next year. Stanley Druckenmiller: People Just Aren’t Going to Trust Central Banks […]
Billionaire investor Stanley Druckenmiller is outlining when he thinks it’s smart to own Bitcoin (BTC) and when he thinks it’s better to own gold. While speaking at a recent Sohn Conference panel, the former president of venture capital firm Duquesne Capital says the financial markets can take two routes moving forward. According to Druckenmiller, it’s […]
The post Billionaire Stanley Druckenmiller Says Bitcoin Beats Gold in a Bull Market Inflationary Environment – Here’s Why appeared first on The Daily Hodl.
Renowned billionaire hedge fund manager Stanley Druckenmiller says that in an inflationary bull market, he wants to own bitcoin more than gold “for sure.” However, he explained that in a bear market, he would prefer to have gold. Stanley Druckenmiller on Crypto, Bitcoin, and Blockchain Stan Druckenmiller shared his view on bitcoin and cryptocurrency investing […]
Billionaire investor Stan Druckenmiller has warned that everything is in a bubble, mentioning cryptocurrency, meme stocks, equities, and bonds in particular. “This bubble is in everything, every asset on the planet,” Druckenmiller stressed. Druckenmiller’s Warning: Every Asset Is in a Bubble Stan Druckenmiller discussed bubbles and value investing last week in a conversation with American […]
Investment bank JPMorgan Chase is stockpiling cash according to the company’s CEO Jamie Dimon. The investment banker doesn’t seem to believe inflation is “transitory” and he thinks there’s a “very good chance” inflation could stick around. JPMorgan Chase CEO: ‘I Do Expect to See Higher Rates and More Inflation’ At the end of April, Bitcoin.com […]
Renowned investor Stanley Druckenmiller has shared his views on dogecoin and ethereum. He said he wouldn’t long or short dogecoin and laughs when the meme cryptocurrency rises in value. As for ether, he is skeptical whether it can hold its position. Stan Druckenmiller on Dogecoin and Ether In an interview with The Hustle last week, […]
Legendary fund manager Stanley Druckenmiller says that he is worried that within 15 years the U.S. dollar will lose its world’s reserve currency status. He said that crypto is a solution to the lack of trust in Fed Chairman Jerome Powell “and the rest of the world’s central bankers.” The billionaire investor further said that […]