According to a report by Jinse Finance, Canadian billionaire Frank Giustra has harshly criticized Michael Saylor for proposing to sell gold to buy Bitcoin, arguing that it is a naive and overly simplistic viewpoint that could be dangerous. Giustra pointed out that over the past 15 years, emerging economies such as China and India have actively accumulated gold, which makes gold much more resilient than what Saylor thinks, and also receives more global support.
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AbcXyz
· 2025-12-06 00:03
According to Jinse Finance, at the close of trading in New York on Friday (December 5), the spot gold price fell by 0.30% to $4,194.86 per ounce, down a total of 1.03% for the week.
According to a report by Jinse Finance, Canadian billionaire Frank Giustra has harshly criticized Michael Saylor for proposing to sell gold to buy Bitcoin, arguing that it is a naive and overly simplistic viewpoint that could be dangerous. Giustra pointed out that over the past 15 years, emerging economies such as China and India have actively accumulated gold, which makes gold much more resilient than what Saylor thinks, and also receives more global support.