Is Gold Betting Against America’s Comeback?
The post Is Gold Betting Against America’s Comeback? appeared on BitcoinEthereumNews.com.
The Bitcoin vs. gold debate has heated up over the past few months as investors reassess inflation risks and the future direction of monetary policy. Yet according to one market strategist, the divide now extends beyond portfolio hedging. In his view, it reflects something far larger: a wager on the trajectory of the American economy itself. Sponsored Sponsored Bitcoin vs Gold: Two Assets, Two Visions of America’s Path In a recent post, James E. Thorne, Chief Market Strategist at Wellington-Altus, framed the two assets as opposing bets on the trajectory of the US economy. “For the record. Bitcoin Is a Bet on Trump’s Success. Gold Is a Bet on America’s Failure,” Thorne wrote. The strategist explained that gold, in his view, has become what he described as a “verdict.” Rather than simply protecting against inflation or volatility, he argued that rising demand for gold reflects a growing lack of confidence in “Trump’s economic revolution” and the ability of policymakers to reform an economy burdened by excessive debt. According to Thorne, investors piling into gold are effectively betting that the US will continue down a path of monetary expansion, debt accumulation, and currency debasement. “It is the old guard’s confession that they see only one way out of excessive leverage: print, debase, and hope the music doesn’t stop,” he remarked. “Trump, Bessent, and Warsh argue there is another path: reform the Fed, end the subsidy to idle reserves, stop paying banks to sit on cash, and force capital out of sterile Treasury holdings and back into the productive economy where it belongs.” By contrast, Thorne positioned Bitcoin as a “speculative flag of success.” He suggested that it is a digital bet that regulatory clarity for the crypto sector, including measures such as the proposed CLARITY Act, alongside broader policy shifts, would…
Filed under: News - @ February 17, 2026 10:26 am