As geopolitical tensions rise, capital rotates through dollars and gold and increasingly into Bitcoin as confidence in fiat weakens and demand for non-sovereign stores of value grows.

That’s when you realise you need assets that sit outside direct government control.

As Jasmine Birtles from Money Magpie told me on @Roxom TV:

“People aren’t so sure about dollars, but gold and Bitcoin, yes definitely… people are flying to it for safety.”

Short term price action comes and goes, but the underlying demand for hard assets persists and the fundamentals remain intact.