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Topics this week:
Paul Tudor Jones 3 TradesBitcoin, Ethereum and BNB
Last week, I wrote about The Bitcoin-Gold-China Connection. I pointed to the recent bitcoin and gold indirect correlation, but also to several interesting correlations between the three assets. I want to revisit that topic upfront, because a pioneer of the modern hedge fund industry, Paul Tudor Jones, said in an interview that he is bullish on the “barbarous relics,” lumping bitcoin in with gold.
“You know more likely than not, we’re going to go into recession, and there are some pretty clear cut recession trades.”
Paul Tudor Jones’ Three Recession Trades
1) “The yield curve gets really steep, and the term-premium goes into the back end.”
Translation: The sho
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