Glittering haven: Gold of various weights and sizes sit at Gold Investments Ltd bullion dealers in London. — Bloomberg
NEW YORK: Gold will surge to fresh highs next year, but investors seeking currency alternatives as global debt balloons should look to bitcoin, according to a US$7.5bil (RM31bil) hedge fund.
Both are likely to rally even as the Federal Reserve (Fed) moves to taper asset purchases, said Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital.
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