Gold is the legacy safe haven.

Bitcoin is its emerging asymmetric counterpart.

Both are scarce. Both exist outside the fiat system. And both have a role to play in building financial resilience.

The Scarcity Imperative—our new research report co-authored with @argodigitalgold—makes the case for combining gold and Bitcoin to construct portfolios that outperform across both absolute and risk-adjusted metrics.

Inside: backtests, volatility comparisons, drawdown profiles, and tactical insights for allocators navigating an increasingly unstable financial landscape.

"After a strong start to the year where both assets saw impressive price appreciation, it’s only natural that many are revisiting the comparison between Bitcoin and Gold. The report highlights how one should view these assets in 2025, particularly as gold and other precious metals begin to take on more digital qualities in new forms. We’re believers in digitizing the gold investment process so holders can get access to the best properties of both assets with all the benefits that come by leveraging blockchain technology.”

— Larisa Sprott, President of @SprottMoney & Co-Founder of Argo

Download the full report below...

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