Chris Wood is reducing his exposure to gold, a first in years; invests in Bitcoin – Business Standard
Chris Wood is reducing his exposure to gold, a first in years; invests in Bitcoin – Business Standard
Bitcoin’s dramatic boom in recent months has drawn traders and investors to cryptocurrency. The surge in recent weeks has now prompted Christopher Wood, global head of equity strategy at Jefferies, to reduce gold exposure in favor of bitcoin in his global long portfolio only for US dollar-denominated pension funds, that was created at the end. […]
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