Over the past year the dollar, gold, and Bitcoin have delivered big swings—and plenty of headlines. Many investors bet on a “debasement trade”: policies that would weaken the dollar and push capital into gold and Bitcoin.
Recent developments tell a different story. The dollar has stabilized and strengthened. Gold has pulled back sharply from its highs. Bitcoin has dropped roughly 50% from its peak even as stocks rallied.
In this video, we unpack what’s really driving these three assets, the historical patterns that keep repeating, and why the most important question isn’t “what’s next for gold or Bitcoin?” but “how does each piece fit in a well-constructed portfolio?”
