Ex-Goldman Sachs Executive Shifts Portfolio to Bitcoin

Published: April 7, 2020, 1:30 a.m.

Raoul Pal, the former Europe hedge fund sales lead at Goldman Sachs, is preparing for the financial system to enter a massive world of hurt. Stating that of the liquid net cash he has available the allocation that he wants to be in for the next 12 months probably is 25% Bitcoin, 25% gold, twenty 25% cash, and 25% trading opportunity.