Bitcoin and Gold Poised for Growth Amid Fiat Debasement Era
Veteran macro analyst Mel Mattison suggests that the current bull market in assets like Bitcoin and gold is driven by fiat currency debasement. He compares this cycle to the 1950s, predicting significant growth across various asset classes.
- Mattison argues that Bitcoin acts as digital gold, absorbing monetary premiums due to increasing debt and geopolitical shifts.
- He predicts a broad rally in bonds, stocks, gold, Bitcoin, and real estate through 2024–2025, fueled by interest-rate cycles and mainstream acceptance of currency debasement.
- He foresees potential Federal Reserve interventions, like yield-curve control, to manage long-term interest rates without sparking inflation.
- Mattison dismisses fears of foreign selling of US Treasuries, suggesting domestic absorption will stabilize the market.
- He emphasizes active investment strategies over index-heavy approaches, highlighting opportunities in gold, Bitcoin, and emerging markets.
- Mattison expects markets to rise significantly, comparing the situation to historical economic booms.
- While he anticipates short-term volatility, he believes the long-term trajectory for Bitcoin and gold remains upward.
At press time, BTC traded at $122,451.
