Thom Calandra of the Calandra Report joined the Investing News Network to discuss his thoughts on gold vs. Bitcoin as the popular cryptocurrency faces both a high price and high volatility.
He acknowledged that many gold investors still aren’t interested in Bitcoin, but said he sees pros and cons.
“I’m not going to say anything bad about Bitcoin because it has the blockchain behind it, and most Fortune 1000 companies have blockchain technology for products and services — it’s an asset, it’s a valid asset,” Calandra said.
He also explained why he’s bullish on platinum and why he’s interested in the shipping sector.
“I would say that the only other sector I’m interested in personally is shipping,” Calandra commented.
Watch the interview above for more of his thoughts on those topics.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Leave a Reply