Seasoned investor Jordi Visser, a guest on Anthony Pompliano’s show, assessed recent developments in the global economy and offered critical warnings and predictions to investors.
Visser said that if assets like silver and Dogecoin experience a breakout, Bitcoin will follow suit, and he expects this major bullish wave to occur before the end of summer.
Visser said that although three interest rate cuts were expected in markets at the start of the year, interest rate increases are now being discussed and argued that the main factor behind this rapid change is inflation.
He said tensions, including those in Iran and the Strait of Hormuz, were putting pressure on supply chains, pushing up oil prices and boosting inflation expectations.
Visser said: “The probability of seeing 10% inflation by the end of the year is much higher than the probability of seeing 2%. »
However, he argued that the Fed has very limited room to aggressively raise interest rates due to the growing national debt and annual interest expenses reaching $1.4 trillion.
Visser said he moved the money he took out of AI and tech stocks into the silver and cryptocurrency markets, with a particular focus on solid-state battery technology for silver. Noting that China has broken records for silver imports, investors have argued that next-generation batteries require huge amounts of silver compared to lithium, and that global supply will not be enough to meet that demand.
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Visser, who predicts a breakout in cryptocurrencies and commodities by the end of summer, summarized the process as follows:
“If silver breaks out, if gold breaks out, if Dogecoin breaks out, Bitcoin will also break through. They will all move together, and I expect that to happen before the end of the summer.”
Jordi Visser, pointing out that cryptocurrencies have always thrived in times of crisis, argued that the US government will eventually need to print money (provide liquidity) to keep long-term bond yields under control, which will be a driving force for the crypto ecosystem.
*This does not constitute investment advice.
