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Home Banking Gold, Bitcoin…and oil tankers?

Gold, Bitcoin…and oil tankers?

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De-dollarisation and inflation hedging strategies can include ships

Bitcoin and gold prices are surging this year. Bitcoin has surpassed $125,000 for the first time this month. Gold’s rocket-like rise to over $4,000 has been well-documented. Gold ETFs are enjoying substantial inflows of capital this year, reversing years of reductions. Meanwhile the US dollar index is down nearly 10% this year.

Investors are reacting to several intertwined themes, all of which point to further de-dollarisation. Two examples follow:. 

Read more here

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