Raoul Pal: “I sold all the gold, to invest in bitcoin and ether "

Global Macro Investor, General Director of the Analytical Company, Raul Pal Pal posted the order to sell all the gold it has., To invest in BTC and ETH.

Raul fell about this (Raoul Pal) reported on Twitter and clarified, that besides gold, There are few bonds and dollars in his portfolio USA. Money, obtained from the sale of gold, Pal is ready to invest in bitcoin and ether in the ratio 80 20.

The cryptocurrency enthusiast considers, that the ether exceeds bitcoin five times, and called Bitcoin "easy bet". In the comments, Pal called himself a player of macro space, which can afford to take risks. He is not a fan of cryptocurrencies, but ready to use the possibilities, which they open to people. Pal warned users, that they should not follow his example, And recommended, so that they independently study, What assets to invest in.

However, Pal thinks, that the cryptocurrency market tends to increase. The head of Global Macro Investor expects, that next year even conservative institutional investors will begin to invest in Bitcoin, which usually give preference to precious metals. So Pal made a bold assumption, that in a year the course of the first cryptocurrency can achieve $250 000. PALL previously declared, that due to the pandemic and the economic crisis, Bitcoin can become a global reserve currency, which will lead to its explosive growth.

PAL is also the general director of the Real Vision channel. Recently, in an interview with this channel, Microstrategy General Director Michael Seilor (Michael Saylor) stated, that his company is ready to store bitcoins for 100 years old, as he considers this cryptoactive the best means to maintain value.