Gold and Silver Rally Reignites Debate on Crypto as a Hedge
Precious metals are flashing warning signs. Gold trades above $4,337 per ounce—nearing its all-time high—while silver hits $66.87, a record. Veteran economist Peter Schiff interprets this surge as structural stress in the U.S. economy, predicting eroded confidence in the dollar and Treasuries.
Yet dissenters counter that gold alone won’t dethrone the dollar, especially with the Fed’s monetary flexibility intact. Meanwhile, investors are diversifying hedges. crypto assets like BTC and ETH are now part of the conversation—not as gold replacements, but as parallel hedges with distinct mechanics.
The narrative isn’t monolithic. While metals signal inflation fears, crypto’s role remains fluid. Its adoption as a hedge depends on institutional appetite and macroeconomic crosscurrents. One thing is clear: markets are voting with their capital.