A new scenario-based analysis explores how sustained expansion of global money supply could reshape the future prices of both gold and bitcoin, two commonly referred to ‘hard money’, or ‘store of value’, assets. In our base case forecast, bitcoin is projected to reach $250K and gold rises to $4,000 by the year 2030, with the potential for further upside in the case of escalated inflation and further fiscal irresponsibility. The analysis models bitcoin and gold valuations under three distinct macroeconomic trajectories – a deflationary case, a base case, and an inflationary case – using a framework that ties their ... (full story)