Investment Conundrums: Barclays' Hobbs on why gold and bitcoin look 'vulnerable' to real interest rate increases

Can investors stomach the volatility cryptocurrencies may bring?

David Brenchley
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Will Hobbs of Barclays Wealth Management & Investments
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Will Hobbs of Barclays Wealth Management & Investments

Gold and bitcoin look "very vulnerable" to a rising real interest rate environment that could leave the two assets looking like "flightless birds", according to Barclays Wealth Management & Investments' CIO Will Hobbs.

Gold has long been seen as a hedge against equity risk, while bitcoin has been gaining traction as a potential gold-alternative, with investment management firm Ruffer claiming their recently purchased...

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