Both these below factors, if proven correct in the next few years, would result in a massive increase in Au & Ag prices.
Au & Ag are true "storages of value", against irresponsible, fiat money printing- this, obviously, challenges US Treasury Bonds, & crypto (currently US $65,981), both who currently propagate this title.
1. fortune.com J. Angelo 13.2.26 said"U.S. deficit spending swelled to what the Congressional Budget Office called an unsustainable $1.9 trillion, a scenario that’s chipping away at the dollar’s standing as the world’s leading reserve currency.
The confluence of these factors has some investors predicting the fall of Treasury securities as the only true global reserve. Greenlight Capital founder David Einhorn made that apparent in a recent conversation withCNBC. The investing legend forecasts a monumental shift in global reserve assets, predicting that central banks will swap dollars for the yellow metal.
“The central banks around the world are buying gold,” Einhorn said. “Whereas a few years ago, it was mostly Treasurys.” He added that it is “becoming the reserve asset” because U.S. trade policy “is very unstable, and it’s causing other countries to say we want to settle our trade in something other than U.S. dollars.”
...Also, Einhorn has long predicted the price of gold will rise out of fears around U.S. monetary policy and fiscal policy. In an interview withCNBClast year, the hedge fund manager argued that “Gold is not about inflation. Gold is about the confidence in the fiscal policy and the monetary policy.” While the investor isn’t quite advocating for a return to the gold standard, he is a strong proponent of holding the metal as a hedge against U.S. fiscal and monetary mismanagement"...
https://www.msn.com/en-au/money/savingandinvesting/one-of-wall-street-s-most-feared-hedge-fund-managers-on-the-decline-of-the-dollar-gold-is-becoming-the-reserve-asset/ar-AA1WeMaj?ocid=msedgdhp&pc=LCTS&cvid=698e4d7144252.
2. Michael Burry gained fame, when, a few years before the 2008 Crash, he publicly predicted the subprime crisis would cause a recession- & he shorted US financial institutions making &billions for his Fund.
financialexpress.com 5.2.26 said"..."Michael Burry has warned thatBitcoinfalling below important price levels could lead to serious damage and wipe out a lot of value. He shared this warning in a Substack post on Monday. Burry said Bitcoin has been exposed as a purely speculative asset.
This means people mainly buy it hoping its price will rise. He said Bitcoin has failed to behave like a hedge against currency value loss, unlike precious metals. This goes against the long-held belief of Bitcoin supporters who say its fixed supply makes it similar to gold".
...“Sickening scenarios have now come within reach,” Burry wrote. He warned that if Bitcoin falls another 10%,Strategy Inc., one of the biggest corporate holders of Bitcoin, would be billions of dollars in losses and may find it nearly impossible to raise money from investors.
Why Bitcoin keeps falling
Bitcoin has dropped more than 40% since reaching a record high in early October. Analysts say this fall is due to many reasons, including less money flowing intocrypto, weaker trading activity, and a loss of interest from investors. Some crypto traders are also shifting toward prediction markets instead of tokens. Unlike gold and silver, Bitcoin has not risen during times of dollar weakness or global tensions. “There is no organic use case reason for Bitcoin to slow or stop its descent,” Burry said.
Corporate Bitcoin holdings are not permanent
Burry said nearly 200 public companies now hold Bitcoin. While this has helped increase demand, he warned that this support may not last. Companies must report the real-time value of their assets. If Bitcoin keeps falling, risk managers may tell companies to sell. “There is nothing permanent about treasury assets,” he wrote.
Burry said spot Bitcoin ETFs have made Bitcoin even more speculative...".
The man who predicted 2008 market crash issues 'sickening’ warning: 'Bitcoin’s death spiral has begun' - Global Markets News | The Financial Express
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