Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Gareth Soloway, Chief Market Strategist at VerifiedInvesting.com, who breaks down the technicals behind Bitcoin and gold hitting new record highs. Soloway charts what’s next for both assets and explains the narratives driving the next moves. He shares his macro outlook, Federal Reserve expectations, and his thoughts on the banking sector. Soloway also gives trading tips from his course.
Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/michellemakori)
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Follow Gareth Soloway on X: @GarethSoloway (https://twitter.com/GarethSoloway)
#Bitcoin #gold #markets #Fed #investing
00:00 – Intro: Bitcoin and gold hit record highs
00:39 – What’s driving Bitcoin vs. what’s driving gold
03:47 – What’s next for Bitcoin
06:53 – Bitcoin and the U.S. stock market
11:29 – Macro outlook
18:34 – Bitcoin price forecast
28:29 – Bullish calls, thoughts on gold
33:44 – Gold outlook
35:58 – Mining stocks
39:23 – Triggers for market correction
44:13 – Banking crisis
49:36 – Verified Investing course
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Comments (30)
@tokmolbonjak8567says:
March 12, 2024 at 3:34 amGareth said Bitcoin going down to $10k now he's totally wrong. Shame on his face big-time!😂😂😂😂
@systemsoundbar5253says:
March 12, 2024 at 3:34 amGareth just sold his soul to the Wall Street elites by wearing that man bun as part of the "ritual".
@banman17says:
March 12, 2024 at 3:34 amGreat to hear you're using cash Michelle and are against CBDCs. You're not only a great interviewer, but smart and wiser than most bankers.
@cryptowankster3397says:
March 12, 2024 at 3:34 amThis aged well Soloway. Bitcoin is over 72,000 dollars with the halving vent a month and a half away.
@AmericanNomad1983says:
March 12, 2024 at 3:34 amMr 10 K BTC . What a joke. You're not living this down. Lost all validation
@Unavalivlesays:
March 12, 2024 at 3:34 amGet better people on!
@dognatious6153says:
March 12, 2024 at 3:34 amBunhead missed one thing: Buyers are now INTERNATIONAL, not just domestic.
@thegreatescape3717says:
March 12, 2024 at 3:34 amAero will double by Friday
@stickykittysays:
March 12, 2024 at 3:34 am40:38 👀
waves always leaves what?
@user-pj3uv6re7ssays:
March 12, 2024 at 3:34 amWhile I can appreciate Gareth's TA and macro views, they're just not macro enough and a bit too mainstream in terms of sources. Unfortunately, you really do need an "excessive" amount of information, from within the crypto space itself, to even make an informed prediction. But to be fair, he is a swing trader, so best take any long-term views with a grain of salt.
@Rabbelrausersays:
March 12, 2024 at 3:34 amMan bun: detected
Opinion: discarded
@wayne5120says:
March 12, 2024 at 3:34 amwhy would you ask this idiot where the smart money is going? 😂😂😂😂😂😂
@jaccadee1120says:
March 12, 2024 at 3:34 amGareth, your trade strategies are shocking you have opened shorts when the market is long which is fine however you have never offered your customers counters trades to cover them.. your BTC short is currently sitting at mid-50 K since this short was issued we have rocketed to 69-71 K and you never offered your customers a counter trade to make money on this run. ( THIS IS NOT THE FIRST TIME ITS EVERY TIME ) you recently said you don't use leverage, however can you explain to your paying subscribers how you are shorting a market without using leverage whilst also issuing a stop loss ?? BTW GOOD luck with the mrket crash you are going to need it so your customers dont get screwed on your short minded short trade
@loueyloueysays:
March 12, 2024 at 3:34 amBtc is at 71.8k now…😂
@CAMRA_GUYsays:
March 12, 2024 at 3:34 amHaha man bun now GS!? 😂😅
@ukillc791says:
March 12, 2024 at 3:34 amGareth is the Biggest Fo…l Ever … He was predicting Big CRASH SEVERAL TIMES , And NEVER EVER HAPPENED !
He was misleading many people ( who believed him ) and scared to the death that crash and Larfe pull back will happen, and many didn’t buy crypto and Bitcoin to the recent explosion !!!
Time for buying was winter last year and possibly summer, all other ( later time) was for foo… like himself …
@rippingsays:
March 12, 2024 at 3:34 amREKT !
@alanbot5879says:
March 12, 2024 at 3:34 amThat is the worst Manbun on the planet.
@dannyzuehlsdorf3697says:
March 12, 2024 at 3:34 amI would like to see a MAJOR PULLBACK of Michelle's unmentionables in 2024
@larrysouthern5098says:
March 12, 2024 at 3:34 amWe are at WARP SPEED..(TRILLION IS THE NEW BILLION)
somewhere there is a asteroid ahead that we may hit…that could happen sooner than later..not good ….
@bossz4320says:
March 12, 2024 at 3:34 amIf Gareth counter trade his own calls he be a billionaire.
@nehalgandhi1373says:
March 12, 2024 at 3:34 amits still big IF ….. if stock market start going down… but it will not go lower before election… and we will see interest rate going lower… end of the year.. so Bitcoin will go even higher… if you really shorting Bitcoin… you will go bankrupt… next year..
@fredmackpow4299says:
March 12, 2024 at 3:34 amAnyone who invested with this weirdo clown is also a clown of themselves. How many time does this freak have to be wrong
@thechampbeyonsays:
March 12, 2024 at 3:34 amThese ppl are supposely being Very misleading on Bitcoin.
@ericafuenmayor1418says:
March 12, 2024 at 3:34 am❤
@darkhorse6770says:
March 12, 2024 at 3:34 amThe fed has been adding liquidity for decades and it won't stop…no big stock correction, at least while bidenstein is running for reelection my friend
@freestylefranc2653says:
March 12, 2024 at 3:34 amthis guys is good at being wrong😂
@brycethomas6080says:
March 12, 2024 at 3:34 amI can't help but take a man with a man bun serious
@billyhomeyer7414says:
March 12, 2024 at 3:34 amThe hair bun is happy
@gregabrams5792says:
March 12, 2024 at 3:34 amRemember when gareth called for sub 20 bitcoin…