In a recent interview with CNBC, noted hedge fund billionaire, Paul Tudor Jonesshared his perspectives on the current economic and geopolitical scenario, pointing to a growing role for Bitcoin and gold as reliable stores of value.
His prediction comes at a time when global economic uncertainty appears to be increasing.
Jones, founder of Tudor Investment Corporation, believes that due to a turbulent political environment in the United States and a tense geopolitical situation globally, both gold and Bitcoin assets should occupy a larger percentage of investors’ portfolios than traditionally has been assigned.
“Signs of an impending recession are clear”the billionaire said, pointing to the stock market’s history of declines near previous recessions. He suggests that given the proximity of a recession, we could see an inflow of around $40 billion in gold.
“So what’s happening is why we’re probably going to go into a recession sometime in the first quarter of next year, probably because the bond market, simply through supply and demand, is going to cause more rate hikes because we still don’t have any compensation . price for long-term debt. And so these rate hikes will likely lead us into a recession.” said the billionaire.
Bitcoin and gold as protection
According to the billionaire, Bitcoin could also find a place among the choices of more conservative investors. The world’s largest cryptocurrency, often referred to as ‘digital gold’, has shown growing adoption as a form of protection against economic instability.
What is worrying, according to Jones, is the aggressive stance of the US Federal Reserve (Fed) and the rising trend in long-term US government bond yields.
Jones believes these are indicators that the economy could enter a recession in the first quarter of next year. He mentions supply and demand in the bond market and the lack of compensation prices for long-term debt as possible triggers for this scenario.
“We are more likely to enter a recession… The stock market typically falls – just before a recession – by about 12%. This will probably happen at some point. And you look at the big short positions in gold, most likely during a recession, the market is usually very long…
There is probably $40 billion worth of purchases that will have to be converted into gold sometime between now and when the recession actually hits. So yeah, I like Bitcoin and I like gold here.”
For many, Paul Tudor Jones’ predictions will serve as a wake-up call, highlighting the importance of reevaluating strategies and considering more resilient assets in times of uncertainty.
Throughout his career, Jones has taken a macroeconomic approach to his investment strategies, taking into account global economic factors and political developments. In addition to his work in the financial world, he is known for his philanthropic activities, especially in education.
Whether it’s gold, a time-tested asset, or Bitcoin, the financial innovation of the 21st century, the focus is clear: protection against potential economic storms ahead.
Source: Live Coins

Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.