$BTC

The gold investment institution Incrementum recently published "We Trust Gold," a report of over 300 pages that discusses the long-term rise of gold based on several mutually reinforcing pillars:

· The inevitable restructuring of the global financial and monetary system in the face of profound political and economic turmoil

· The inflationary tendencies of governments and central banks—monetary climate change

· The rise of regionally pro-gold economies, particularly in Asia and the Arab world

· The shift of capital from U.S. assets (dollars, U.S. stocks, U.S. Treasuries) that have overshadowed gold for years

· The expected excess returns of "performance gold" (i.e., silver, mining stocks, and commodities)

In such an environment, they are also bullish on BTC, believing that by the end of 2030, Bitcoin could reach 50% of gold's market value. Assuming a conservative gold price target of around $4,800, Bitcoin would need to rise to about $900,000 to achieve 50% of gold's market value.

Based on this, the report proposes a new type of 60/40 investment portfolio, rethinking the traditional 60% stocks/40% bonds allocation. The new asset allocation is as follows:

Stocks: 45%

Bonds: 15%

Hedging Gold: 15%

Performance Gold: 10%

Commodities: 10%

Bitcoin: 5%