S&P 500 vs Gold during the Great Financial Crisis(GFC):

S&P: -49%

Gold: -1%

The GFC was a period of tremendous monetary and fiscal stimulus (printing money) aimed at saving the banks and to promote activity in the economy. As gold shows, owning scarce assets in times like that is the best way to weather the storm.

With the bailout by the Fed of SVB and Signature, we are once again entering a period of cascading failures that will be backstopped by free money printed by the Fed.

I suspect #Bitcoin  will thrive through this financial crisis. It is more scarce than gold and fixes all of it's flaws.