Cho Gyu-won

Bitcoin is not a direct substitute for gold; their correlation is low. The current conflict between gold and bitcoin mirrors historical monetary system transitions (like the move from gold standard to petrodollar). Such transitions tend to cause both collateral assets to rise dramatically. Therefore, the ongoing shift from petrodollar to an 'electric dollar' system could drive both gold and bitcoin significantly higher.

Silver is more volatile than gold, peaks about one year earlier, and stays at highs for a shorter period, making it difficult for retail investors. However, long-term silver is even more attractive than gold due to booming industrial demand from AI and renewable energy, combined with constrained supply. He recommends a 70/30 gold/silver allocation and suggests using sharp silver corrections as opportunities to rebalance toward silver.