A current report from JPMorgan discovered institutional traders are flocking to bitcoin and leaving gold out to dry— so, is the yellow metallic dying? Bitcoin, which has rallied over 150% this yr, has enormously outpaced different belongings, together with the Dow and gold. The Grayscale Bitcoin Belief has seen inflows of just about $2 billion since October, in contrast with outflows of $7 billion for exchange-traded funds backed by gold, in accordance with JPMorgan.
On this unique interview with our Daniela Cambone, best-selling creator Robert Kiyosaki weighs in on the bitcoin versus gold debate and whether or not the yellow metallic will gravely undergo.
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