Investment Strategy - The debasement trade focuses on acquiring "hard assets" to hedge against currency devaluation [1] - Target assets include real estate, metals, land, scarce digital art, Bitcoin, Ethereum, and commodities without price controls [1] - Data centers and hardware powering AI are also considered valuable assets [1] - Equities benefiting from the expansion of the aforementioned industries are attractive investment opportunities [1]

Bitcoin Narrative - The report questions whether the Bitcoin "Debasement Trade" narrative still holds up after a market crash [1] Market Analysis - The report analyzes the current state of Bitcoin following a significant market downturn [1] External Link - The report is accessible via a provided URL [1]

Market Trends & Investment Opportunities - The most persistent and robust trend is the anti-fiat currency movement, driven by a lack of trust in governments' ability to curtail spending [2] - Investors are turning to non-fiat instruments like crypto (particularly Bitcoin), gold, and silver [3][4] - Younger generations with different preference profiles are contributing to a massive wealth redistribution and favoring crypto and Bitcoin [3][4] - The debasement trade is facilitated by low yields, not requiring higher yields [7][8] - The growth in stablecoins represents a form of dollarization within the crypto space [11] - The most persistent trend remains debasement and a move away from fiat currencies in search of alternatives [13] Currency & Economic Factors - The dollar's drop in the first half of 2025 is largely an unwinding of the rally seen in 2024 [9] - The dollar experienced overwhelming flows during the decade of US exceptionalism, and the recent adjustment is a natural unwinding [9][10] - While some further dollarization may occur, underlying forces are pushing the reallocation of assets [13] - Investor revolt is visible in the back end of yield curves, particularly in the UK and France, where investors are unwilling to hold long positions despite rising yields [8]

Group 1 - The article does not provide any specific content related to a company or industry [1]

All right, Peter, I thought a great place to start the conversation. Let's just let you get your victory lap out of the way. Gold's at an all-time high. Silver's at an all-time high. What is driving the bull run in precious metals? Well, I think what you're seeing is the acceleration of ddollarization that began really a couple of years ago. I think uh what started it in earnest was the Biden sanctions uh against Russia which really was a wake-up call for the rest of the world uh that they need to get get r ...

Core Insights - Gold prices have surged nearly 50% this year, reaching over $4,000 per ounce, with projections suggesting a potential rise to $10,000 by 2028 if current trends continue [1][3]. Group 1: Market Dynamics - The recent increase in gold prices is attributed to President Trump's announcement of a 100% tariff on China, which has led to a decline in investor confidence in the U.S. dollar [1][2]. - Stocks experienced their worst loss since April, reinforcing gold's status as a safe haven asset as it jumped 1.5% [2]. - The Federal Reserve's shift towards rate cuts has contributed to rising gold prices, as policymakers focus on a stagnating labor market rather than solely combating inflation [4]. Group 2: Economic Factors - Factors driving gold's appeal include inflation hedging, central banks de-dollarizing, and geopolitical tensions stemming from Trump's trade policies [3]. - The increasing debt levels among developed economies have made investors wary of global currencies, leading to a preference for precious metals and bitcoin [5]. - The market is experiencing a "FOMO" (Fear of Missing Out) effect, complicating the objective valuation of gold, although the pace of price increases may slow as key supportive factors weaken [6]. Group 3: Future Projections - Market expert Ed Yardeni has revised his gold price target to $5,000 by 2026, with a potential for $10,000 by the end of the decade based on current trajectories [3]. - Capital Economics' Hamad Hussain highlights that while bullish factors like Fed rate cuts and geopolitical uncertainty support rising prices, recent market exuberance is evident as gold rallied despite a stable dollar and higher inflation-protected bond yields [7].

THIS IS "BLOOMBERG TECH SCARLETT FROM NEW YORK CITY FOR OUR VIEWERS WORLDWIDE, I AM SCARLET FU. "BLOOMBERG REAL YIELD" STARTS NOW. ♪ COMING UP, THE U.S. GOVERNMENT SHUTDOWN ENTERS 10 DAY TODAY WITH NO FURNITURE INSIDE.-=-- END IN SIGHT. TARIFF CONCERNS RENTAL MARKET-- RATTLES MARKETS. AND REVEALING CRACKS IN CREDIT.WE ARE GOING TO GET DOUBLELINE CAPITAL'S TAKE ON WHAT THIS SIGNALS IN JUST A MOMENT. FIRST WE BEGIN WITH A BIG ISSUE, LACK OF OFFICIAL ECONOMIC DATA CUTTING THE ECONOMIC PICTURE. >> THE SHUTDOWN, ...

Market Overview - The major indices, including the Dow, S&P, and NASDAQ, experienced significant declines, with the Dow posting its worst drop since May and the S&P and NASDAQ since April, marking the largest weekly decline since early August [1] - The market's recent performance has been heavily influenced by the AI narrative, particularly in the semiconductor and tech infrastructure sectors [1] AI and Market Vulnerability - The market appears bifurcated, with the potential for AI execution to benefit multiple sectors, but disillusionment could lead to broader valuation declines [2][3] - Key questions are emerging regarding the long-term return on investment (ROI) from data center spending and the sustainability of growth in this sector [3][4] Safe Haven Assets - In light of market volatility, metals, particularly gold, are being viewed as safe haven investments, driven by central bank buying and investor disillusionment with the US Treasury and dollar [5] - The opportunity cost of holding non-yielding assets like gold decreases if interest rates continue to decline, making gold more attractive [5] Impact of Government Shutdown - The ongoing government shutdown is creating uncertainty in the bond market, with potential layoffs and legal challenges affecting consumer demand and local economies reliant on federal work [6][7] - There is speculation that aggressive government spending cuts could stabilize longer-term yields, despite concerns over rising debt levels [6][8]

From the Desk of Anthony Pompliano0:00 The Debasement Trade For Gold & Bitcoin7:41 Is Gold An Alt-Coin For Bitcoin?Enjoy! https://t.co/epw3tjvBXE ...

LIVE NOW -- What’s Really Driving Gold 4K, BTC ATH, & Stocks at Highs? Debasement or AI Mania?Gold shatters $4,000, Bitcoin quietly hits new all-time highs, and Wall Street just made its biggest bet yet on prediction markets. In this week’s Weekly Rollup, @RyanSAdams and @TrustlessState break down why the debasement trade is heating up, how the AI bubble is shaping markets, and what it all means for crypto’s next move.We cover BNB’s explosive run to the #3 spot, ICE’s $2B investment in Polymarket, and ETH s ...