I sat down with Jeff Park (@dgt10011) to discuss the debasement trade, bitcoin vs gold, why everyone seems to be getting rich while the government is going broke, Ken Griffin & Paul Tudor Jones being so excited about the market, and what the $2 billion Polymarket deal means for the future.Enjoy!YouTube: https://t.co/7WMMoLdeWbSpotify: https://t.co/mrdtN21R59Apple: https://t.co/PAUoAFhj5ZTIMESTAMPS:0:00 - Intro0:53 - US government going broke while everyone is getting rich?4:06 - Why the “debasement trade” i ...

Core Insights - Bitcoin is currently trading above $123,000, driven by ETF inflows and mid-tier accumulation, indicating a strong bullish sentiment in the market [2][8] - Analysts highlight a structural bullish market with signs of froth on top, suggesting that while there is strong underlying support, the market may be crowded [4][6] - There are concerns about market complacency, with record high futures open interest and elevated funding rates, indicating potential vulnerability to a sharp decline if momentum fades [5][6] Market Dynamics - Capital is rotating from overextended AI equities into "credibility hedges" like gold and Bitcoin as policy uncertainty increases [3] - Record ETF inflows and mid-tier accumulation are flipping resistance into support, reinforcing the bullish outlook for Bitcoin [4] - The current market pullback is seen as a necessary reset of leverage, which could restore balance and prepare the market for further upward movement [6][7] Trading Sentiment - The market is characterized by high funding rates and increasing open interest, suggesting traders may soon experience the reset they have been anticipating [7] - The focus is on whether Bitcoin can maintain its position above $120,000, with the next dip potentially revealing the rally's strength or its fragility [7] - Institutional demand and the broader narrative of "debasement trade" are expected to sustain the upward trend as the market enters a seasonally bullish period in October [8]

The great debasement trade.2020 COVID print lit the fuse & Trump has poured the gasoline.M2 is up only.Gold & Bitcoin are repricing.Meanwhile, deregulation of the entire digital asset industry.Consumer apps are hitting mainstream adoption.Majors look ready for new blue sky highs.What’s next? Probably a lot of volatility.Up & down.Long term trend is up & to the right. See you on the other side…Arthur Hayes (@CryptoHayes):The new TradFi meta narrative is the "debasement trade". It took them almost twenty year ...

Core Viewpoint - Investors should not sell Bitcoin to invest in gold despite gold's significant price increase, as Bitcoin remains a superior long-term store of value [1][2]. Group 1: Gold and Bitcoin Price Movements - Gold's price has risen over 50% this year, surpassing $4,000 per ounce for the first time [3]. - Bitcoin reached an all-time high of $126,000, with 60% of surveyed investors believing it is more likely to rise to $140,000 than fall to $110,000 [3]. Group 2: Investment Strategies - Investors are increasingly turning to alternative assets like gold and Bitcoin to protect against a potential U.S. economic downturn and dollar depreciation, referred to as the debasement trade [2]. - Cardone advises against selling Bitcoin, suggesting that doing so could result in significant financial loss [2]. Group 3: Technological Impact on Gold - Cardone predicts that technological advancements, such as automation, will diminish gold's appeal over time due to reduced labor costs and increased mining efficiency [4][5]. - Unlike gold, Bitcoin has a capped supply of 21 million coins, with projections indicating the last Bitcoin will be mined by 2093 [5]. Group 4: Asset Management and Custody - Cardone critiques gold-backed exchange-traded funds (ETFs) as essentially paper investments, emphasizing the importance of managing gold custody to avoid theft [6]. - Bitcoin, held in self-custodial wallets, does not require physical storage, making it easier to manage and spend compared to gold [6]. Group 5: Diverse Investment Opinions - While Cardone favors Bitcoin, other investors like Ray Dalio advocate for a balanced approach, suggesting a 15% portfolio allocation to both gold and Bitcoin [7].

Group 1: Gold Market Insights - Gold is experiencing its best year since 1979, with significant price increases not typical for the asset class, indicating market uncertainty and risk [2][3] - The price of gold is signaling a shift in investment strategies, with a substitution occurring between U.S. Treasuries and gold as a safe haven asset [3][7] - A long-term strategic holding of gold is recommended, with a suggested allocation of 5% to 15% for most investors, reflecting a trend where institutions are mimicking central banks in their asset allocations [6][7] Group 2: Silver and Other Precious Metals - Silver has increased by 67% this year and is approaching its 2011 high, indicating a catch-up trade in the market [1][10] - Platinum is also experiencing significant price movements due to supply shortages, with historical underinvestment in mining leading to natural scarcity [9] - The hybrid nature of silver, being both a monetary and industrial metal, contributes to its unique market dynamics compared to gold and platinum [9][10]

Gold may actually be like8 to $10,000 an ounce if Bitcoin didn't exist. What do you think. All rows lead to Bitcoin, right.In my opinion. That's why people also have said, you know, within the cryptovc industry like all coins have been, you know, on the margin great because at some level those who find success in all coins eventually allocate some portion back to Bitcoin regardless. Wealth creation leads to Bitcoin as part of the denominator.And so in some sense, gold is also an altcoin in my opinion becaus ...

Market Performance - US stocks experienced a rally, with the Nasdaq Composite leading the gains, closing above 23,000 for the first time, up over 1% [1] - The S&P 500 rose by 0.6%, while the Dow Jones Industrial Average finished just below the flatline [1] Federal Reserve Insights - The latest Federal Reserve minutes indicated potential for more rate cuts throughout the remainder of 2025, despite showing divisions within the central bank [2][3] - Participants in the meeting expressed varied opinions on the restrictiveness of current monetary policy and the future path of policy, with most agreeing on the appropriateness of further easing [3] Gold Market - Gold futures continued their record-breaking rally, surpassing $4,000 per ounce for the first time, as investors sought the asset as a "debasement trade" alternative to the dollar [2] Economic Uncertainty - The ongoing federal shutdown has created uncertainty in the markets, impacting AI spending and raising concerns about a potential dot-com-style bubble [4] - The shutdown has deprived Wall Street and the Federal Reserve of crucial economic data necessary for informed decision-making [4]

Core Insights - Bitcoin and gold have reached record highs, highlighting their roles as hedges against weakening fiat currencies [1] - Bitcoin is increasingly recognized as "digital gold," with significant growth in its market presence [1] - Gold has shown remarkable performance this year, with prices hovering above $4,060 per ounce, marking its best annual return in over four decades [3] Bitcoin Insights - Bitcoin is currently priced around $124,000, reflecting a year-to-date increase of 31% [1] - The cryptocurrency's growing significance in investment portfolios is acknowledged, with suggestions for a smaller allocation compared to gold [2] Gold Insights - Gold has risen over 50% this year, driven by a flight to safe-haven assets, and has set new all-time highs for 10 consecutive trading days [4][5] - The recommendation for gold investment includes favoring coins over bars for easier resale, emphasizing the importance of secure storage [4] Portfolio Strategy - A restructuring of the traditional 60/40 portfolio is suggested, moving away from long-dated bonds towards shorter-term debt, real estate, digital assets, gold, and broader commodities [2][3] - A 5% allocation to gold is recommended, reflecting its status as a reliable store of value [2]

[Applause] Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today. First up, US stock futures rebounding this morning after the major averages closed in the red, halting seven consecutive days of gains for the S&P 500. But the gold rally, it continues to power higher. Spot gold hitting $4,000 an ounce for the first time ever. Billionaire investor Ray Dalio says he sees gold as more of a safe haven than the dollar. He compared its re ...

Market Overview - US stock futures are rebounding after the S&P 500 halted a seven-day winning streak, with all three major indices expected to open in the green [1][6] - Spot gold has reached $4,000 an ounce for the first time, with billionaire investor Ray Dalio viewing gold as a safer haven than the dollar [1][22] - The US dollar has weakened nearly 10% year-to-date, prompting investors to turn to alternative assets like gold and Bitcoin [1][6] Federal Reserve Insights - Investors are awaiting the release of Fed minutes, which may provide insights into the central bank's future rate path amid a government shutdown [1][6] - Fed officials are divided on the need for further rate cuts, with some advocating for caution due to rising inflation in durable goods and services [2][3] - The lack of new government data due to the shutdown is forcing the Fed to rely on private sector surveys for economic insights [2][3] Tesla Developments - Tesla has introduced cheaper versions of its Model Y and Model 3, with the Model Y starting under $40,000 and the Model 3 around $37,000 [6][7] - The introduction of these models aims to recoup sales lost from the EV tax credit, but concerns remain about whether consumers will accept higher prices for less equipped vehicles [8][9] AI Sector Activity - Nvidia is reportedly investing up to $2 billion in Elon Musk's AI startup XAI, which is raising $20 billion in a funding round [1][9] - The AI sector continues to show momentum, with Nvidia and AMD expected to see gains in pre-market trading [14][16] - Concerns about a potential bubble in the AI market are growing, as circular financing deals among top AI companies raise questions about sustainability [22][25] Trending Companies - Verizon has signed a deal with AS Space Mobile to provide cellular service from space, leading to a 14% increase in its shares [18] - Penguin Solutions has seen a sharp drop in shares after its sales guidance fell short of analyst estimates [19] - Jeffre disclosed exposure to First Brands Group, which recently filed for bankruptcy, revealing a total exposure of $161 million [21]