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Does this potential huge economic crisis worry you? Inflation in the US, Europe, and other key markets remains stubbornly high, which is not surprising since the Russia-Ukraine war.
It's interesting how during the stagflation periods between 2011 and now, bitcoin, on average, delivered a return of 182%.
If someone isn't sure what stagflation is, it's an economic phenomenon that describes periods accompanying lower growth and higher inflation.
What do you think that we should consider a strategy (that people are talking a lot about these days) with exposure to commodities, gold, and bitcoin? Now people from all over the world have access to the three most valuable assets: oil, gold, and bitcoin. Synthetic asset protocol Duet Protocol has just added two synthetic assets, gold (dXAU) and oil (dWTI) onto its platform, making it the gateway to getting access to gold, oil, and bitcoin at the same time.
When it comes to these sorts of economic crises, it's always a good idea to pay greater attention to gold. During periods of stagflation, fears about economic growth and inflation drive up safe-haven demand, driving up the price of gold.
Commodities, second only to gold, do well at such times. Crude oil has a pro-cyclical price. It propels the world and profits from economic upswings. So, what are your thoughts?
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