I just followed a quite in-depth analysis from Lyn Alden about the current monetary situation, and there are a few interesting points to note.

Instead of printing money excessively as everyone thinks, what is actually happening is that the Fed's balance sheet is gradually increasing. This creates a monetary environment quite different from what we've seen before.

Alden emphasizes an important issue: the tension between the Fed's independence and political pressure. She also points out that the global monetary order is changing, and gold along with Bitcoin are increasingly gaining recognition from major institutions. This is no coincidence.

Another key aspect is the impact of long-term debt cycles. According to Alden, these cycles are creating significant economic and geopolitical risks. Therefore, she believes we need a multi-polar reserve asset system where gold and cryptocurrencies coexist.

Regarding Bitcoin, although recently its performance hasn't matched gold, Alden remains optimistic. She is not overly pessimistic but instead sees long-term potential.

One thing I feel investors should note: Alden recommends building a diversified portfolio. She suggests focusing on quality stocks, hard assets like Bitcoin and precious metals, and maintaining a reasonable amount of cash to cope with macroeconomic shocks or sudden technological changes.

Overall, this is a fairly balanced approach given the current uncertainty.