Research

    Long-form analysis on the markets we lend into.

    Original research and macro notes from the Helvetica Group team — examining the capital markets, monetary policy, and the hard-asset themes shaping our investment and lending decisions.

    Digital Assets & RWAs

    July 2026 · 10 min read

    Why Hold a Dollar? Asset-Backed Tokens as the Better Store of Value

    A 2026 update on real-world-asset tokens as a superior store of value versus fiat stablecoins.

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    Macro Note

    July 2026 · 10 min read

    The $19 Trillion Ghost

    A Helvetica Group Macro Note defending Bitcoin's network valuation through comparative analysis of global payment and settlement platforms.

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    Capital Markets & Tax Strategy

    July 2026 · 8 min read

    The 1031 Exchange Market: Size, Trends, and the Legislative Threat Investors Can't Ignore

    The U.S. 1031 exchange market defers $100–200B in real estate transactions annually. Here's what every CRE investor needs to know about market size, rate headwinds, and the 2025 tax cliff.

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    Hard-Asset Research

    June 2026 · 8 min read

    Gold, the Dollar, and the Debt: A Tangled Affair

    For thirty years, gold, the dollar, and the federal debt have carried on a tangled affair — inseparable, mutually reinforcing, impossible to read apart.

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    Inflation & Monetary Policy

    May 2026 · 8 min read

    Rethinking Inflation: Beyond Oil's Impact

    Why mainstream economics keeps blaming oil for a problem it didn't create — and what the M2 chart has been telling us for years.

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