That’s not the case in many other countries, but in the United States we’ve reached very high valuations, even higher, by that metric, than the Dot Com bubble,” she said.
But, if you’re looking comparing gold to the amount of broad money supply in the system, if you do it on a per capita basis, or if you take into account gold’s inflation rate, basically the mining rate, that’s about fairly valued,” she said.
“Basically, what you’re seeing in the crypto space is that Ethereum is doing very well, that’s the second largest cryptocurrency and then if you go down into DeFi protocols and things like that, a lot of those have been explosive.
It’s a less asymmetric trade idea than it was back in 2020 when it was $10,000 a coin.