Why Gold And Bitcoin Are Popular

Jun. 15, 2021 5:25 AM ETGLD, BTC-USD, GBTC, GDX, TLT, IAU, PHYS, SGOL, GLDM, UGLDF, GLDI, BAR, UGL, AAAU, OUNZ, DGP, GLL, DGLD, DZZ, DGL, IAUF, DGZ, UBG, QGLDX, PHYS:CA344 Comments

Summary

  • Alternative monies like gold and bitcoin generate more controversy than most other asset classes.
  • This article sheds light on why a sizable minority of people like them.
  • The last section takes a look at relative valuations and various pricing environments.

Gold bars and Bitcoin cryptocurrency financial
MEDITERRANEAN/iStock Unreleased via Getty Images

Most asset classes have some degree of controversy.

Investors will debate endlessly regarding whether a stock is overvalued, whether bond yields make sense for the current environment, to what extent oil will be used two decades

This article was written by

Lyn Alden Schwartzer profile picture
43.74K Followers
Author of Stock Waves
High-probability investing where fundamentals and technicals align!
With a background that blends engineering and finance, I cover value investing with a global macro overlay. My focus is on long-term fundamental investing, primarily in equities but also in precious metals and other asset classes when appropriate.

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My work can be found at LynAlden.com, ElliotWaveTrader.net, and within the Seeking Alpha marketplace where I work with the Stock Waves team to blend their technical analysis with my fundamental analysis for high-probability long-term setups.

Disclosure: I am/we are long GBTC, PHYS.

Additional disclosure: I am long gold and bitcoin directly and with various funds.

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