Stocks, Bitcoin about to erase all gains since 2020 by year-end – Gareth Soloway
Matthew Hughes
2 min read
Gareth Soloway, Chief Market Strategist of InTheMoneyStocks.com and Co-Founder & President, Verified Investing Education, discusses his outlook for Bitcoin, Ethereum, stocks, and gold with David Lin, Anchor for Kitco News.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Gareth Soloway on Twitter: @GarethSoloway (https://twitter.com/GarethSoloway)
Future Blockchain Summit Dubai: https://www.futureblockchainsummit.com
Dubai Crypto Party: https://www.verifiedinvestingeducation.com/dubaicryptoparty
#Bitcoin #ethereum #stocks
0:00 – Market recap
2:10 – Ethereum Merge
3:27 – U.S. stock market
7:50 – 10-year Treasury yield
9:50 – Japanese intervention of Yen
11:13 – Inflation, wages
18:00 – Stocks vs central bank balance sheets
19:46 – S&P 500 outlook
22:13 – Ethereum outlook
22:50 – Bitcoin outlook
26:16 – Gold outlook
30:18 – Gareth’s Verified Education series
Premium Content
The Winning Trader Series
Learn how to become a winning trader in stocks, crypto, commodities, and forex in this 3-course series with Master Trader Gareth Soloway, whose proven 80+% win-rate and early price action detection led him to be one of the most well-respected investors, chart technicians, forecasters, and traders in the industry!
How to trade cryptocurrency for beginners, intermediate and advanced traders, learn crypto, stocks, commodities and FX technical analysis and more.
Learn more or Sign up today: https://www.verifiedinvestingeducation.com/home
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
If the the price of gold wasn't controlled/suppressed to make fiat currency the preferred means of exchange, gold's performance would not be any harder to predict than BTC.
Of course the Fed has to reestablish credibility. They created this mess and now they need to unwind it.
Worse than that, I think the Fed actually is beginning to believe the Peter Schiff narrative. I don't mean that they necessarily need to raise interest rates above the inflation rate, but that if the government ends up needing to pay higher and higher interest rates that the government will itself go bust.
You have to admit that is a very scary thing because at that point trust in the dollar will be totally gone. It really has been the fact that we are the reserve currency of the world that allows us to have such unconstrained spending practices.
I think the Fed actually is trying to crush the economy, because I actually believe that if we did have a crushed economy that interest rates would in fact go down because the need for borrowing would go down … Companies and people would not be in a position to borrow at all, so demand would go down. I also think that supply would remain because they would be no other place to get yield other than believe it or not bonds.
I wonder if he’s sticking to his conviction that Bitcoin will hit 10k by year end 😂😂 if he’s wrong best believe I will clown this guy out of business
Gareth looks so young!
I’m got pospostive ☝️☝️ silt after received my 3rd $20,000 payment into my bitcoin wallet thank your sir 🙏🙏
Gareth must've gotten crushed. Didn't seem like his usual happy-go-lucky self
I’m got pospostive ☝️☝️ silt after received my 3rd $20,000 payment into my bitcoin wallet thank your sir 🙏🙏
This guy is the worst! He's never right, yet he keeps getting on these shows. He's paying to get on I guess? Gareth Soloway, hero of the stupid
McDonald's does not pay 25/hr – maybe the package handler/receiver can make 20 in some markets but the avg is 15 nationwide…very uninformed
Gareth has been right about everything! Bitcoin, crude and the major indexes!
I wish both of these guys were my friends on a personal level. Both are really good people. Great interview David but all interviews with Gareth are good.
Best guest you guys have ever had.
Excellent program!!
Bitcoin is Ponzi scheme
bruh 0% Heineken? That's just ridiculous.
We have been in a bubble since before 2008, rather then letting the bubble pop all that has happened is continuing money printing to keep the bubble inflated for the last 14 years, all the stock market is massively over priced, how much the market has to drop to actually represent true values is gonna be pretty far considering that we had had nothing but bad market practice since Regan. But it goes both ways as the dollar has been made worthless from massive over printing
Oh God. Don't take the punch bowl away. No. I need punch. I need alcohol to cure my alcoholism. More debt is not the cure for debt addiction. Bit Tech, Digital crypto all addicted to free zero interest IOU debt notes. Expect strikes. This is back to the 1970's. The covid cash caused big blowback with this massive inflation, caused by Dems printing $10 Trillion. Bad idea. No one knows the future. Be diversified and protect yourself.