“Gold is behaving just like a breakout should,” asserts Gareth Soloway, president and CFO of InTheMoneyStocks.com. Soloway joins to prelude the year-anniversary debate between gold and Bitcoin, telling our Daniela Cambone that, “gold will outperform Bitcoin and the S&P 500 [in 2022].” Bitcoin is trading, “lock-step with the NASDAQ,” and a spot ETF for Bitcoin would be, “a step in the right direction,” for the crypto he says. Gold is in, “the sweet spot now,” due to inflation and Fed policy, he concludes.
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45 Comments
Completely delusional
Trying so hard to pump your gold bags, lol
The COMEX will NEVER allow a $2500 gold price. They will drop paper contracts to bring the price down like they always do. I agree with your bitcoin price however.
<Money is an issue that everyone has for a better and luxurious life, life was hard for me until I started trading Shiba Inu and am now earning $20,000 per week.
Thank you
This guy knows nothing, what about utility coins, nfts, metaverse, he cray cray…
LMFAO good luck, bitcoin will destroy gold
Gareth!
Bitcoin is trash. A make believe “currency”. Can’t use it in transactions at scale, not secure, easily tracked, worthless when the internet or power goes down. Garbage
The problem with conflating Amazon and Bitcoin is Amazon actually provides a service. Bitcoin doesn’t and is competing against 20,000 other fake currencies that provide nothing either.
i don't get it. 2500 gold by the end of the year. how does that beat the big guns? 25% that's good. that means it's keeping up with the hurdle rate of inflation. if it does that. this has yet to be seen. i think it's possible. and we'll see about Bitcoin. it can go either way, but i'm betting on Bitcoin.
fake smile gareth
Gareth is great
Soloway has been spot on for the last 2 years I have been following him
🤣 ridiculous
Everyone is biased depending on their own affiliation.
I don’t like what Gareth has to say but definable he has a point
I love this woman. She is the best.
OMG it's been one year since the great debate?
Bitcoin will be a relic in history very soon!
Gareth was right, that Costco, was at nose bleed multiples.
It’s been coming off.
The run up to $2500 gold, will have to wait. For my October options, in SIL, and GLD, to expire.
Gareth is always so good with explaining his TA.
DASH?
the federal reserve is not qt they are still doing qe damn shame your guest does not know
Daniela, can you ask someone, when gold sees its large increase/correction are they selling or holding?
The fear in his eyes says it all. The fed already confiscated gold. They are on to new things. Imagine the fed playing the fiat game for a 100 years just to confiscate gold again. They have new plans.
XYO 🚀
Sorry Garrett…..the fed hiking rates will be an influx out of bonds , stale gold and into bitcoin!.
Bitcoin is not LIKE all the other sheitcoins!
Bitcoin is not like the internet. Bitcoin is so-called digital store of value. It is backed by the US Dollar.
If Bitcoin didn’t have speculative investors it would have no value. It doesn’t do anything and it’s backed by a fiat currency.
I hope it's projections are right. I can't wait for Bitcoin to drop down to 20,000 or lower. That's the time to buy.
Another thing also is that bitcoin is like Amazon times 1million. It's not even on the same playing field as Amazon stock. It will make Amazon stock look like little league. How copy you?
💚💙💛❤️ Gareth is a great guest! Hes awesome to counter trade. One of the most consistently wrong short-term mindset guys out there. Also underperforms Diamond hands with a 3yr horizon
What!, XRP not on his list. Bye
Bitcoin digital Gold what a joke I like to see him make Bitcoin chains or ring an wearing them around his Neck. Bitcoin is Nothing but digital Token No intrinsic Value. Just Speculation. 😄😄
Gold outperform Bitcoin? Stay away from bath salts kids
🤡👈 Gareth Soloway
Cryptos are old news now until the drop is over.
Gold is the place to be! The aircoiners hate this news!
Great video and conversation!
The "best of breed" parallel of Amazon to Bitcoin does not hold up under scrutiny, though. Amazon just got lucky, while Cisco, for example, did not. Cisco is still just barely half of its 2000 market peak. Or you could say the same about Applied Materials, which did not match the 2000 peak until 2018, and since then only briefly tripled it in this latest bubble, only to fall back to a double, probably on its way down to another big cut. Nobody knows who the "best of breed" will actually be. But it tends to not be the obvious candidates of any current bubble.
I totally agree with what you are saying….<The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 12.6 BTC in just three weeks, with the trading strategy given to me by expert trader Khaldoun Eddie…..
This guy who keeps calling for 20K bitcoin and is always wrong? Yeah I’ll take his words with a pinch of salt
Thank you for your predictions. I think they are very accurate.
Everyone else calls for 100 k bitcoin 500 k bitcoin million dollar bitcoin and there always wrong.
Gareth is a Gold Sales Man. He comes here to attack Bitcoin….Finally he wants to pump his bag of gold