Its wise to diversify
“The reality is that the USD dominance has such a stronghold that it will remain the global reserve currency for the foreseeable future.
That said, the UST has a long-term (and terminal) problem, and that problem will only lead to more USD inflation. And so, I hold a large allocation in my portfolio to gold.
I also hold a large allocation to Bitcoin.
Because in the end, whether it is in ten years or fifty, I believe Bitcoin is the one to eventually unseat the UST as the global reserve asset.”
https://jameslavish.substack.com/p/will-gold-pave-the-yellow-brics-road
Discussion
Diworsification