In an appearance on CNBC Squawk Box on Tuesday, billionaire hedge fund manager Paul Tudor Jones shared his bullish outlook on Bitcoin BTC/USD, gold and commodities as effective tools to protect against inflation.

What Happened: During the interview, Tudor Jones stated, "All roads lead to inflation," and revealed that he is long on gold, Bitcoin, and commodities. He emphasized, “Commodities are so ridiculously under-owned. So, I’m long commodities.”

He also highlighted that younger investors tend to hedge inflation through the NASDAQ, though he recommended a blend of gold, Bitcoin, commodities, and NASDAQ holdings. In contrast, he expressed skepticism about fixed-income investments.

Tudor Jones further explained that inflating the economy could be a potential way to resolve current financial challenges, citing Japan’s low-interest strategy as a model.

"Japan, with 2% inflation and 30 basis points overnight, doesn’t want to raise rates," he remarked, adding, "The playbook to get out of this is that you inflate your way out."

Also Read: Robert Kiyosaki Predicts Stock Market Crash, Says Invest In Gold, Silver, And Bitcoin

Why It Matters: Tudor Jones perspective surfaces amid an ongoing debate over Bitcoin's correlation with gold. A recent CryptoQuant report highlighted a negative correlation between the two, signalling a preference for traditional safe-haven assets like gold.

However, Charles Edwards of Capriole Investments noted that Bitcoin often follows gold's price movements with a lag, suggesting that Bitcoin might soon mirror gold's rise.

This ongoing discussion underscores the uncertainty around the optimal inflation hedge, as seen in diverse investor opinions.

What’s Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.

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• Bitcoin, Gold Are The ‘Debasement Trade’ In Uncertain Times: JPMorgan

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