David Roche on bitcoin and gold as an inflation hedge – CNBC

David Roche on bitcoin and gold as an inflation hedge – CNBC

With fears around inflation dominating the market this week, investors are no doubt asking where to park their cash to protect themselves from a potential reduction in the purchasing power of the U.S. dollar. While gold is often touted as a way to hedge against inflation, history suggests otherwise, with the precious metal actually yielding a negative return for investors during some of the highest recent inflationary periods in the U.S. More recently, some investors have suggested bitcoin as an alternative store of value for investors, arguing its scarcity makes it a strong candidate for a kind of “digital gold.” Veteran investment strategist David Roche thinks rising inflation is a real risk for markets, and outlined how he thinks investors should play the trend. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this delivered to your inbox, and more info about our products and services. © 2021 CNBC LLC. All Rights Reserved. A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Data also provided by

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