{"id":31206,"date":"2020-11-03T17:35:00","date_gmt":"2020-11-03T15:35:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=31206"},"modified":"2025-08-28T02:31:00","modified_gmt":"2025-08-27T23:31:00","slug":"the-bond-king-jeffrey-gundlach-calls-bitcoin-an-inflation-hedge","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/the-bond-king-jeffrey-gundlach-calls-bitcoin-an-inflation-hedge\/","title":{"rendered":"The ‘Bond King’ Jeffrey Gundlach calls Bitcoin an inflation hedge"},"content":{"rendered":"

The head of DoubleLine Capital, Jeffrey Gundlach, recommended Bitcoin and gold as assets capable of protecting capital from depreciation due to a weakening dollar. The well-known cryptocurrency skeptic expressed his view in the Rosenberg Research webcast Rosenberg Research<\/a>.<\/p>\n

In 2017 Gundlach noted that he was not prepared to participate in the Bitcoin mania. In October of that year, in an interview with Business Insider he called the first cryptocurrency a ‘lie’, while again doubting that ‘it’s unhackable’.<\/p>\n

\n

“I don’t believe in Bitcoin. I think it’s well tracked. I don’t think it’s anonymous,” he said.<\/p>\n<\/blockquote>\n

Back then, Gundlach stressed that he did not count himself among Bitcoin’s critics.<\/p>\n

In the Rosenberg Research webcast he urged listeners to hedge inflation risks by adding gold and Bitcoin to their investment portfolios.<\/p>\n

DoubleLine Capital manages about $141 billion in assets.<\/p>\n

Last week the ‘Bond King’ said<\/a> that Donald Trump had a high chance of reelection as US president.<\/p>\n

FTX-traded futures and prediction markets predict<\/a> a Biden victory in the US presidential election on November 3.<\/p>\n

Subscribe to ForkLog’s channel on YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Head of the DoubleLine Capital investment firm Jeffrey Gundlach recommended Bitcoin and gold as assets capable of protecting capital from depreciation due to a weaker dollar. The well-known cryptocurrency skeptic voiced his view on the Rosenberg Research webcast.<\/p>\n","protected":false},"author":1,"featured_media":31207,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1224,1138],"class_list":["post-31206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-macroeconomics","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"13","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=31206"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31206\/revisions"}],"predecessor-version":[{"id":31208,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/31206\/revisions\/31208"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/31207"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=31206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=31206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=31206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}