MarketsInsider/Theron Mohamed/11-17-2022
“Michael Burry has trumpeted gold as a likely winner from the crypto meltdown, and hinted he’s betting on stocks to tumble. ‘Long thought that the time for gold would be when crypto scandals merge into contagion,’ Burry said in a now-deleted tweet on Tuesday.”
USAGOLD note: Burry hasn’t talked much about gold as an investment alternative over the years, so this comes as a bit of a surprise. It will be difficult to pin down just how much of a migration actually occurs.
