Gold and Bitcoin Emerge as New Global Reserve Assets
- Arthur Hayes claims gold and Bitcoin are replacing US Treasuries and equities as global reserve assets.
- Hayes suggests a shift in global finance if the US reduces its debt and current account deficit.
- Countries may sell US bonds and stocks to fund their economies, altering financial dynamics.
- Gold is seen as a neutral reserve asset, with nations holding it for trade settlements.
- Bitcoin’s correlation with the Nasdaq might be broken due to economic changes.
Arthur Hayes argues that gold and Bitcoin are set to replace traditional US financial instruments as global reserve assets, driven by potential shifts in US economic policy.
Source (2.6)https://dailyhodl.com/2025/04/06/era-of-us-treasuries-and-stocks-as-global-reserve-assets-now-over-as-gold-and-bitcoin-take-over-arthur-hayes/?rand=59076
