Fidelity Global Macro Head Jurrien Timmer Says Bitcoin’s Resilience Continues and May Keep Outperforming Gold
Jurrien Timmer, Fidelity’s global macro head, wrote on October 24, 2026, that even if the idea of the U.S. Treasury revaluing gold reserves to create cash flow out of thin air seems far-fetched, the possibility that the government may take extreme measures under fiscal pressure still reminds investors to hold real assets in their portfolios.
Timmer said he continues to be impressed by Bitcoin’s resilience and believes that it will “take gold’s job” for a period of time, while he remains bullish on both gold and Bitcoin. The related statement was accompanied by a chart.
The above is Timmer’s own public statement, and the views belong to him personally.
Original source:
Title: No matter how farfetched the idea might be of the Treasury Department repricing its gold... Publisher: Jurrien Timmer (@TimmerFidelity) Publication date: 2026-10-24 URL: https://x.com/TimmerFidelity/status/2113788562847973731 Nature of source: personal original post Verification status: Read the original post and chart for this report, verification date 2026-10-29 Supporting content: recommendation to hold real assets, assessment of Bitcoin’s resilience, judgment on relative performance versus gold, bullish on both
ABAB AI Insight
Timmer used the discussion of the government potentially revaluing gold reserves as a reminder to hold real assets, and in the same context evaluated Bitcoin’s recent relative performance. He explicitly described Bitcoin as an asset that may continue to outperform gold for a period of time, while not abandoning a bullish stance on gold.
His remarks are based on personal macro observations and a chart, rather than Fidelity’s official investment advice. Bitcoin and gold are discussed within the same framework of “real assets,” and the relative strength is presented as a phase-based rotation. The result is that his personal view links a fiscal-pressure scenario with asset-allocation preferences, but does not provide a specific allocation ratio or time frame.
Public information is based mainly on Timmer’s original post.
ABAB News · Laws of Cognition
Uses the possibility of government fiscal measures as a reason to hold real assets, and places Bitcoin alongside gold.
While remaining bullish on both, explicitly states that Bitcoin may outperform gold for a period of time.
Personal macro observations and a chart support the relative-performance judgment, rather than a unified institutional stance.