Seeking Alpha
2022-06-14 19:08:57

If A Recession Is Imminent, Consider Gold And Bitcoin

There’s no way of knowing for certain whether a recession is imminent, but for many Americans, it’s sure starting to feel that way.The CPI report followed dreary economic projections by the World Bank and OECD.The average cost of gasoline in the U.S. is now above $5 a gallon for the first time ever. But what if it were priced in gold, Bitcoin and the S&P 500?Among the three, Bitcoin-denominated gasoline is the only one that has gotten cheaper over the past five years.

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