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The Fate of Cryptos Gold and Fiat Currency in the 21st Century

Overview

The advent of blockchain and cryptocurrencies has catalyzed innovation in the financial industry. Their proliferation and extreme price volatility have captured investors’ imaginations. At face value cryptocurrencies seem to have a similar function to gold given their limited supply and perceived role as alternatives to fiat currencies.

In reality crypto and gold are fundamentally different asset classes that have starkly different roles in any risk-adjusted portfolio. What are the primary differences between crypto and gold? How have investors used these assets during unprecedented times? Is crypto a good hedge against high inflation? Is gold an effective hedge of crypto? Which is the superior medium of exchange and store of value in our modern economy?

Learn as a panel of world-class experts discuss the evolution fundamental virtues and investment risks of crypto vs. gold vs. fiat currencies including:

• Crypto: evolution and innovation

• Gold: historical facts and future prospects

• Which is the best store of value?

• Which is the best currency?

• Mystery revealed: does crypto or gold provide effective hedges against high inflation?

• Looking forward what are the potential regulatory impacts on crypto and gold investments?

Agenda

11:00-11:05: Welcome and introductions

11:05-11:20: Brief introductory presentations from each speaker

11:20-11:45: Panel discussion

11:45-12:00pm: Audience Q&A

Attendees qualify for 1 GARP CPD credit.

Chapter Speakers

Paul Shotton

Chairman and CEO of White Diamond Risk Advisory

Paul Shotton is the founder, Chairman and CEO of White Diamond Risk Advisory, a bespoke company providing risk advisory services to boards of directors and executive management across a wide spectrum of asset classes in the financial services sector. He also serves as board chair of Brighterwatts and of Great Western Care, as a board advisor to Belay Associates, and an advisor to Eleven Canterbury.

Paul has Bachelors, Masters and PhD degrees in physics from the University of Oxford and began his career as a researcher at the European Center for Nuclear Physics Research (CERN) in Geneva, Switzerland. He subsequently joined Goldman Sachs as a quantitative proprietary trader in London, trading all asset classes over a nine-year period, before moving to the second line of defense as an independent risk manager. Responsible for overseeing the trading operations of some of the largest banks, asset- and wealth managers in the world, including Barclays, JP Morgan Chase, Lehman Brothers and UBS, during this time Paul also served as an executive board member responsible for risk management.

Paul is recognized internationally as an industry thought leader in the risk management, academic and banking regulatory communities, having lectured at Yale School of Management, the London School of Economics, Cambridge University, ETH-Zurich and the University of Nicosia, and having presented at numerous industry and regulatory forums, including the BIS-Basel, the Global Association of Risk Professionals, the Risk Management Association and the Professional Risk Managers International Association.

Daniel Oliver

Founder and Managing Member of Myrmikan Capital, LLC

Daniel Oliver Jr. is the founder and managing member of Myrmikan Capital, an investment firm specializing in micro-capitalized gold and silver mining companies. His commentary on interest rates, the Fed, and gold are widely followed, and his articles have appeared in various outlets including The Wall Street Journal, Forbes.com, National Review, The Epoch Times, and the Washington Times. He appears regularly on financial media outlets and lectures at monetary and investment conferences.

Dan is also President of the Committee for Monetary Research & Education, a non-profit educational organization founded in 1970 that promotes greater public understanding of the nature of monetary institutions and of the central role that a healthy monetary system plays in the well-being, indeed, in the very survival of a free society.

In addition, Dan serves as a director of the Guanajuato Silver Company and the Swiss American Foundation. He is finishing a book on the nature and history of credit bubbles, which stretch back to ancient Greece and beyond. Dan has an MBA from INSEAD and a J.D. from Columbia Law School. 

Zoya Ashirov

Managing Director at Sia Partners

Zoya Ashirov is a Managing Director at Sia Partners, a global consulting firm offering a unique blend of AI and design capabilities, augmenting traditional consulting to deliver superior value to clients as they navigate the digital revolution. Zoya leads the Regulatory Compliance practice providing strategic direction for the practice and risk and regulatory advisory services for clients in the financial services industry.

Prior to joining Sia Partners, Zoya was an Examination Manager in the Member Supervision unit at the Financial Industry Regulatory Authority in New York, NY, leading some of the largest and most complex examinations of broker-dealers in the New York area. At FINRA, Zoya focused on market abuses, conduct risk, and financial crimes contributing to multiple high-profile enforcement cases. Zoya brought her expertise to Sia Partners, advising clients on complex regulatory matters and designing and implementing critical solutions across various areas. She has written a number of papers on financial crime, supervision, and cryptocurrency topics.

Zoya’s undergraduate degree in finance and investments is from Baruch College. She holds a Certified Regulatory Compliance Professional designation from Wharton and a Certified Anti-Money Laundering Specialist designation from ACAMS.

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Details

When

November 11, 2021 11:00 AM - 12:00 PM
Online Meeting
REGISTER NOW

Chapter Directors

Shobhit Thapar
Executive Director Morgan Stanley
Teresa Tian
Lead Risk Analyst BrightHouse Financial

Committee Members

Ken Abbott

Former Barclays US CRO

Masao Matsuda

President & CEO Crossgates Investment and Risk Management

May Tang

Head of Risk and Analysis Federal Reserve Bank of New York

Didier Blanchard

Head of Enterprise Risk Management – Americas Societe Generale

Murad Nayal

Head of Risk Architecture and Informatics Millennium

Rodney Sunada-Wong

Chief Risk Officer Celsius

Kerem Yaman

Managing Director Global Markets Risk COO Morgan Stanley

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