Everyone’s Talking Gold Or Bitcoin, But This Regulatory Catalyst Is The Real Game-Changer
Bitwise Chief Investment Officer Matt Hougan sees two massive catalysts building the next potential impulse move in crypto: the potential passage of the Clarity Act and the gold run past $5,000.
Gold’s Parabolic Move Signals Trust Crisis
Gold has doubled in just 20 months—a stunning move for an asset used as currency for over 2,000 years.
Hougan explains the surge comes from two forces: years of “money printing” finally catching up with fiat currencies, and governments losing trust in each other.
The trust breakdown started in 2022 when the U.S. seized Russia’s treasury assets after the Ukraine invasion.
That move sent a clear message to central banks worldwide: if you store wealth in someone else’s system, they can take it.
Central banks responded by doubling their annual gold purchases. They needed assets no one else controls.
That trend is now accelerating.
Last week, German economists called for their government to pull gold stored at the New York Federal …
About The Author
