Artwork for podcast The Stock Power Podcast
Gold vs. Bitcoin: Your No. 1 Safe Haven Today
Episode 14511th March 2022 • The Stock Power Podcast • Money & Markets
00:00:00 00:09:09

Share Episode

Shownotes

As markets drag lower, you might be eyeing safe havens to protect your wealth.

Gold has been king of this realm for centuries. But Bitcoin is making a strong case in 2022.

Being an investor is tough right now.

Major market indexes have taken a beating since the start of 2022. After Thursday’s close:

·     The Dow Jones Industrial Average was down 8.3%.

·     The S&P 500 was off by 10.4%.

·     The Nasdaq Composite had dropped 15.7%.

But now is not the time to panic sell or buy.

As Green Zone Fortunes co-editor Charles Sizemore and I said in a recent YouTube video, now is a great time to be tactical.

In times of market volatility that means seeking out assets that will retain or even increase their value when things are rocky … these assets are known as safe havens.

In this episode of The Bull & The Bear, I compare two of the biggest safe-haven assets on the market today: gold and Bitcoin.

Be sure to also subscribe to our YouTube channel for more videos like my weekly Marijuana Market Update.

Have something you want us to talk about? Email Feedback@MoneyAndMarkets.com and give us your thoughts.

Check out MoneyandMarkets.com, and sign up for our free newsletters that deliver you the guidance you need to make money — no matter what the market throws at you.

Also, follow Matt on Twitter.