Billionaire fund manager sends hard-nosed message on gold
From Yahoo Finance: 2025-04-26 10:23:00
Billionaire fund manager Tim Draper focuses on asset performance amid U.S.-China trade war. Draper claims gold is “dead” while Bitcoin is dynamic, borderless, and programmable. Despite recent tariff escalations, stock indices have yet to fully recover. Gold hits record high at $3,500 per ounce, while Bitcoin trails behind at $94,192.72. Traders favor gold as a “safe haven asset” during tensions, but Draper prefers Bitcoin for its decentralized nature. The gold vs. Bitcoin debate continues as investors monitor price movements closely.
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