The Capital
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The Capital

Considering Safe Havens From A Systems Perspective: Risk Versus Resilience

By Andrew Gillick on ALTCOIN MAGAZINE

Complex Systems

Risk Versus Resilience

Market Systemic Risk And Loss Of Resilience

Source: Fasanara Capital

Bitcoin As Portfolio Resilience

Gold’s Interdependencies In The Financial Markets

Both gold (blue line) and the S&P 500 rallied in tandem from the trough of the GFC in 2009 to recovery in 2013. Since 2013 the S&P has outperformed gold.

Trust Is Eroding In Money

The price of gold (XAU/USD) in blue against the performance of inflation expectations (RINF) or US Treasury inflation-protected securities (TIPS) in orange shows a sharp divergence since the end of 2018. For years the price of gold and inflation expectations have tracked closely together.

A Changing Narrative Of Money

Bimettalism For The 21st Century: Bitcoin And Gold

In terms of pandemic models the story of Bitcoin has gone ‘viral’. Source: Prof Robert Shiller
Google searches for ‘trade wars’ worldwide has erupted in the past year-and-a-half.

Conclusion: Preparing For A Regime Change

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Andrew Gillick

Future perspectives on Money, Governance & Organisation | Fintech Technical Writer | www.andrewgillick.com