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José Luis Cava indicates that to preserve our real wealth, we should invest in gold and Bitcoin. To explain why, he first looks at monetary inflation, the increase in liquidity that exists in the economy. “If the liquidity in the economy increases, it drives up the price of gold and Bitcoin.”

To estimate the growth of monetary inflation, he makes a “very simple” approximation that, according to him, has a correlation of more than 90%. “It is the increase in credit to the private sector and the increase in credit to the public sector.”

There is a fact that has clearly occurred since the year 2000. “The volume of U.S. public debt in circulation in the year 2000 was around 3 trillion dollars and, by the end of 2024 and the beginning of 2025, we can place it around 30 trillion. It has multiplied by 10 since the year 2000.” During this time, he points out that the price of gold has multiplied by 12.4.