Holds a long-term bearish view due to Gold's vulnerability to technological disruption (e.g., advanced mining, asteroid mining) which could dramatically increase its supply, making its scarcity not 'innovation-proof'.

Seeing +$16B inflows over the past year, indicating heavy allocation from retail investors.

Mentioned as an asset that was 'ripping higher' in 2020 while ETH was lagging, showing that asset class leadership can change quickly and presents contrarian opportunities.

Exhibiting extreme price volatility similar to a 'meme stock', with its traditional investment thesis being questioned. The price action is seen as a potential bubble driven by retail hype rather than fundamentals.

Expected to have a short-term pullback to the $4,300 - $4,500 support levels after hitting technical resistance at the top of a price channel. This pullback is seen as a potential buying opportunity.

Considered a bullish play as a weakening USD could drive investors to hard assets.

Cited by Tom Lee as proving to be a 'genuine asset class' and a potential sign of growing risk appetite due to anticipated dollar weakness.

Mentioned as a way to get exposure to gold, which is rallying on government shutdown fears. The speaker expresses caution about buying at these high levels due to the risk of a 'rug pull'.

Fulfilling its traditional role as a premier safe-haven asset, setting new all-time highs and proving more reliable than Bitcoin amidst geopolitical uncertainty and market volatility.

Closed 2025 up +65%, indicating strong performance in gold.