💣 If the war with Iran drags on, gold and the dollar could triple, according to HSBC. Only this time, analysts are adding bitcoin to the list of assets that act as a refuge.
🧵👇
HSBC Private Bank published a report stating that a prolonged conflict between Iran, the U.S., and Israel will strengthen traditional safe-haven assets (gold, oil, and the dollar). The key is the Strait of Hormuz, through which 19% of the world's crude oil passes.
🛢️ The mere threat of closing this route already triggers volatility. Willem Sels, CIO of HSBC, makes it clear: $BTC
"The longer the war lasts, the stronger oil, gold, and the dollar will be. Stocks will suffer weakness."
📌 But here's the interesting part: the dollar strengthens due to "flight to quality," yes, but it also loses real value due to inflation. Meanwhile, the FED could be forced to inject liquidity to finance war spending.
$💸 That's where bitcoin comes into play. Analysts like Arthur Hayes (former CEO of BitMEX) are clear: "The optimal time to buy bitcoin is right after the FED lowers rates or prints money to support war objectives".$$BTC
🤔 Why? Because in an environment of monetary devaluation and money printing, assets with limited supply (like bitcoin) gain traction as a real store of value.
🧵👇
HSBC Private Bank published a report stating that a prolonged conflict between Iran, the U.S., and Israel will strengthen traditional safe-haven assets (gold, oil, and the dollar). The key is the Strait of Hormuz, through which 19% of the world's crude oil passes.
🛢️ The mere threat of closing this route already triggers volatility. Willem Sels, CIO of HSBC, makes it clear: $BTC
"The longer the war lasts, the stronger oil, gold, and the dollar will be. Stocks will suffer weakness."
📌 But here's the interesting part: the dollar strengthens due to "flight to quality," yes, but it also loses real value due to inflation. Meanwhile, the FED could be forced to inject liquidity to finance war spending.
$💸 That's where bitcoin comes into play. Analysts like Arthur Hayes (former CEO of BitMEX) are clear: "The optimal time to buy bitcoin is right after the FED lowers rates or prints money to support war objectives".$$BTC
🤔 Why? Because in an environment of monetary devaluation and money printing, assets with limited supply (like bitcoin) gain traction as a real store of value.