Gold to Fall Short of Crypto in Current Market Cycle, Expert Predicts

Will Gold Pale in Comparison to Crypto in This Market Cycle?

Gold enthusiast Jamie Coutts believes that gold's performance will fall short of digital assets in the current market cycle. Despite his optimism about gold, Coutts anticipates that crypto will significantly outshine it as markets witness the "birth of a new asset class."

Crypto Assets Soaring High

According to Coutts, assets under management (AUM) for crypto exchange-traded products (ETPs) currently stand at approximately $100 billion, with Bitcoin accounting for 80% of that figure. In contrast, gold ETPs have an AUM of roughly $190 billion.

"While I'm bullish on gold," Coutts asserts, "it won't match the projected 2-3x growth that crypto is expected to achieve in this cycle. This is the dawn of a new asset class."

Crypto: A Parallel to the Stock Market Boom

Coutts draws parallels between Bitcoin and crypto today to the stock market boom of the early 1980s. He suggests that millennials could potentially outperform inflation with crypto investments in the same way baby boomers did with their equity investments over the past four decades.

"2009 is to Millennials what 1982 is to Boomers," Coutts observes. "The significant secular bull market in equities commenced as baby boomers fully entered the workforce. Similarly, the secular bull market in Bitcoin and blockchain assets emerged as millennials joined the workforce amidst a backdrop of government and baby boomer-led decisions that burdened subsequent generations."

Bitcoin: The Antidote to Debt and Debasement

Coutts views Bitcoin as a remedy for the era of debasement and debt, a new form of hard money forged with technology. He highlights its fairness and transparency, along with its self-custodial nature, protecting it from potential government or bank confiscation.

"Bitcoin is the antidote," Coutts emphasizes. "It's tailored for an era of debasement and debt – a modern form of hard money synthesized with technology, a financial network that is finally fair and transparent. Additionally, it's an asset that individuals can hold securely, independent of banks and governments that may confiscate assets when necessary – as they have historically done and continue to do today through inflation."