Goldman Sachs: Gold is a more effective hedge against the risk of a dollar collapse than BTC

PANews reported on May 25 that according to Forbes, Daan Struyven, co-head of global commodities research at Goldman Sachs, pointed out that gold is a more effective hedge against the risk of a dollar collapse than BTC, and risk-return analysis is favorable for gold. Both Bitcoin and gold have risen sharply in the past three years, but Bitcoin is more volatile, more sensitive to pullbacks, and has a higher positive correlation with technology stocks. Therefore, if you want to guard against downside risks in stocks, lower correlation and lower volatility mean a fairly significant positive allocation to gold.

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Author: PA一线

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