Arthur Hayes: In the face of banking troubles, owning gold and Bitcoin means you won't lose
If the inflation rate remains high, and the Federal Reserve continues to raise interest rates or simply maintains the current rate level, more banks will fail, which will increase the supply of money and gold, and Bitcoin will rise. If inflation decreases and the Federal Reserve quickly cuts interest rates, banks will stop failing. However, this will lower the price of money, and gold and Bitcoin will rise.