Gold and Bitcoin as Reserves for the New Monetary Regime

👉 Read the full report: Demystifying the Debasement Trade

The global debt cycle has entered a phase where policymakers manage stability through financial repression—suppressing real yields, inflating away liabilities, and taxing savers quietly through negative real returns. In this new regime, traditional “risk-free” assets no longer hedge the system—they are the system.

This report reframes portfolio construction around sound money, not nominal claims. It argues that gold and bitcoin together form a new foundation for reserves—credible scarcity, final settlement, and independence from discretionary policy. The pairing combines gold’s path stability and intermediation depth with bitcoin’s digital scarcity, auditability, and convexity to policy error.

Inside, you’ll find:

• Evidence of the regime shift eroding real returns and diversification
• The case for separating monetary assets from technology projects
• Empirical data on bitcoin’s risk-adjusted contribution to portfolios
• Policy implications, governance frameworks, and institutional adoption trends

For allocators facing the breakdown of the old “risk-free” order, sound money is the new neutral—and this report shows how to implement it.

👉 Read the full report: Demystifying the Debasement Trade