With bitcoin nearing in on all-time highs of close to $20,000 and gold struggling heavily, breaking below $1,800/oz, many bullion dealers reveal that clients are selling the yellow metal to buy crypto. Our Daniela Cambone speaks with Grant Williams, co-founder of Real Vision and industry insider, about this mass exodus from gold to bitcoin.
Grant Williams is the portfolio manager of the Vulpes Precious Metals Fund and strategy advisor to Vulpes Investment Management in Singapore. Grant has 28 years of experience in finance on the Asian, Australian, European and US markets and has held senior positions at several international investment houses, including Robert Fleming, UBS and Credit Suisse. Since 2009, he has also been writing the popular investment newsletter Things That Make You Go Hmmm...