Paul Tudor Jones says that he takes long positions in gold and Bitcoin

• The billionaire Paul Tudor Jones is optimistic about gold and Bitcoin.
• The hedge fund manager told CNBC in an interview that raw materials were too little obsessed.

Paul Tudor Jones says that he rely on the precious metal of gold and the digital asset Bitcoin (BTC) in the run-up to the US elections, since the inflation pressure beyond the vote in November.

The billion-dollar hedge fund managers announced his investment strategy during an interview with Andrew Ross Sorkin from CNBC on October 22nd. Jones, the founder and Chief Investment Officer from Tudor Investment, said Sorkin that his trade strategy was long-gold and long-bitcoin.

"I have a long position with gold, I am a long position at Bitcoin, I think raw materials are so ridiculously undervalued, so I am long positions in raw materials," he says @ptj_official . "I probably have a basket with gold, bitcoin, raw materials and nasdaq, something like that. And I don't have a fixed -income securities." pic.twitter.com/i152rzflbs

- Squawk Box (@Squawcnbc) 22. October 2024

Bitcoin, gold

According to Tudor Investment's CIO, the raw materials on the market are "ridiculed" and therefore it is also optimistic about the raw materials. Jones also rely on Nasdaq as a long-term bet-regardless of who gains the US presidential election. Polymarket data show that most crypto dealers support Donald Trump on the platform.

While he is generally optimistic about BTC gold and raw materials, Jones is pessimistic worrying government editions . He believes that there could be a large sale on the bond market if the government does not take this seriously.

In view of these prospects, the hedge fund manager does not plan this either "The question is whether we will experience a Minsky moment here in the United States and on the US debt markets after this election?" he commented.