Wall Street’s Favorite Trades Are Falling Apart While Gold Refuses To Break
Peter Schiff highlights a major decline in risk assets, with tech, AI, and crypto collapsing post-Nvidia earnings. Bitcoin and crypto stocks are plummeting, while gold and silver remain strong, indicating a stable bull market. Schiff points to Asian buying, a weakening yen carry trade, and potential Japanese Treasury sales affecting U.S. markets. He predicts a significant shift towards gold by 2026, led by central banks, as crypto and tech falter.
Talkmarkets·