Your outlook for Bitcoin?
For the end of the year? Much higher. It'll be through the all-time high. Bitcoin, I think, is going to provide people with a big reward because it's been correcting pursuant to the halving cycle. Now, it typically corrects in the second year of the cycle, and we've had that correction already. I own gold. I believe in gold as a long-term store of value, and I think gold is going to be part of the future.
We could be sitting here or you could invite me back in 3 months, and we could be 30% lower in the stock market, and that would be justified if the war gets out of control. It's the most misunderstood asset today.
Anthony Scaramucci is betting big, arguing that Bitcoin is currently trading at a significant discount relative to the broader market. With the halving cycle correction firmly in the rearview mirror, Scaramucci predicts a powerful rally that will send Bitcoin skyrocketing through its previous all-time highs by the end of the year. If you're looking for the ultimate asymmetrical upside in today's economic landscape, Scaramucci has a clear answer. It's Bitcoin. Before we go on, please take a moment to like this video, subscribe to the channel, and turn on post notifications for more content like this. Every action helps with the YouTube algorithm and greatly supports the channel's growth. Thanks for your support, and enjoy the video.
What is the one asset with the most asymmetrical upside?
Yeah, a lot of things look expensive here right now, but there's one asset that is down 40% relative to the move in the S&P 500 since October of 2025, and that's Bitcoin. And so, when I look at the asset landscape, things look very, very expensive, but on a relative basis, Bitcoin looks cheap on a relative basis. You know, I think SpaceX and Anthropic, as they eventually go public, that they'll probably be a pretty high valuation. Not saying that it won't go higher, but it'll take some time to digest that. Bitcoin, I think, is going to provide people with a big reward because it's been correcting pursuant to the halving cycle. You know, it typically corrects in the second year of the cycle, and we've had that correction already.
So, what's the best investment you've ever made? Was it Bitcoin?
I would say by far it's been Bitcoin, yeah. By far. I mean, I have an investment in SpaceX, but it's a very small investment. I mean, that's probably a better investment. I mean, if I put $1 in Bitcoin and $1 in SpaceX, you know, the SpaceX has gone up on a multiple higher than Bitcoin, at least for now.
I like precious metals, you know, remember I'm very good friends with Steve Feldman who runs Gold Billion International. I own gold. I believe in gold as a long-term store of value, and you know, gold has been volatile recently. It got to its all-time high last year, but I mean, gold's a $30 trillion market cap. There's no reason why it couldn't be a $60 trillion market cap over the next 10 years. It's just I think gold is going to be part of the future. Now, we were talking about dollar supremacy or the hegemony of the dollar. If that should wane, gold is a really good hedge against something like that. We do know that central banks, though, are now holding more gold than US dollar denominated assets and treasuries.
Do you see a global monetary reset? Do you see gold really reworking its way into the global monetary system, then?
It's possible. You know, if the Americans decide that they're going to lose their complete discipline, I think with somebody like Kevin Warsh at the helm of the Federal Reserve, I think he's going to be a great Federal Reserve chairman, and I think that happened about 15 years ago, and then it corrected back, and it's happening again right now, and I think with a good chairman, which Kevin will be, I think we can correct it again. But it's possible, and that's one of the reasons why I own gold. You know, let me tell you, there's a lot of scenarios that are great for the dollar where gold doesn't lose a lot of value. It's just a good store of value. And there's a lot of scenarios where the dollar's not doing well, where gold goes exponential. So, I think gold has the facets of good downside risk protection with very reasonable upside depending on the facts that unfold.
Where will markets be at the end of the year?
Most misunderstood asset today?
Most misunderstood, rather. Most misunderstood asset today. I'm going to say Bitcoin. Still.
And your outlook for Bitcoin for the end of the year?
Much higher. It'll be through the all-time high.
Okay, one thing that investors are still getting completely wrong about the markets right now.
