Economics and International Affairs Blog
A blog by Vivekanand Jayakumar
Attention Economy
Friday, August 9, 2019
Safe Haven Assets and Investor Irrationality
Bitcoin and Gold Are Monuments to Irrationality
https://www.bloomberg.com/opinion/articles/2019-08-09/bitcoin-and-gold-are-monuments-to-irrationality
Bloomberg’s Lionel Laurent notes:
“Investors are turning to both assets amid market uncertainty, but digital currency is a strange idea of a haven and the metal’s track record is patchy”
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