Former BitMEX CEO Arthur Hayes is once again making waves—this time with bold predictions about the future of global finance. According to Hayes, recent trade policy changes introduced by Donald Trump could push countries to ditch U.S. stocks and government bonds in favor of “neutral” assets like gold and Bitcoin.
Hayes believes we’re entering a new era—one that echoes the pre-1971 financial world, where gold played a central role in global trade. He suggests that if the U.S. deficit is reined in, other nations may start dumping their U.S. treasury holdings and rethink their financial strategies altogether. Why? Because in a world of rising tariffs and policy unpredictability, sticking to American debt could be too risky.
“Even if Trump softens the tariff rules later, world leaders can’t afford to gamble on his consistency,” Hayes said in a social media post.
Instead, Hayes sees gold and Bitcoin becoming the go-to assets for countries seeking stability outside of U.S. financial systems. In his eyes, gold will likely regain its spot as the preferred reserve asset for international trade. And while the U.S. dollar might still play a part, it won’t dominate as it once did.
Interestingly, Hayes pointed out that Trump hasn’t imposed tariffs on gold—something he sees as a strategic move to keep it flowing freely as global markets adjust to this new reality.
He also doubled down on his earlier support for tariffs, calling them a way to reset unfair global trade practices. For investors trying to get ahead of the curve, Hayes had a simple recommendation:
“Buy gold, gold mining stocks, and Bitcoin.”
Hayes, who was recently pardoned by Trump after legal troubles tied to BitMEX’s AML and KYC lapses, is clearly leaning into a vision where traditional finance takes a back seat—and digital and tangible stores of value take the wheel.
In a world where global trade is shifting and certainty is hard to come by, Hayes believes that hard assets like gold and Bitcoin could be the safest bets.
