Yorkville America CEO argues gold and bitcoin are allies against debasement

Steve Neamtz, CEO of Yorkville America, suggests that gold and bitcoin should be held together in a portfolio because both assets have a fixed supply, making them valuable against global debt and currency debasement. This argument is set against the backdrop of the U.S. federal debt exceeding $39 trillion and the U.S. dollar losing about 40% of its purchasing power over the last two decades. A 2025 study in Resources Policy found that neither gold nor bitcoin reliably acts as a hedge or safe haven against financial market drawdowns, but investors often use them as a bet against government-backed currency depreciation.