Mark Moss explains his "reverse market crash" thesis, where Bitcoin, stocks, and gold all rise together instead of crashing. Since his calls in late 2022 and 2023, Bitcoin is up 180%, the S&P 500 up 80%, and gold up 90%. He defines a real crash by declining living standards, not just asset prices falling.
Chapters
Paul Tudor Jones, who I believe holds Bitcoin, yeah, was on CNBC recently and he made it sound like there's a blow-off top coming, or like a melt-up. Do you also believe that we're going to see more momentum in stocks, Bitcoin, gold, and do you think that will ultimately lead to some sort of a crash?
October of 2022, I put out a YouTube video saying that there is no market crash coming and here's why. And then December, January, I said, hey, here's what the Fed did, it's time to go back in. August of 2023, I said the bear market's canceled. December of 2023, I made a video titled Reverse Market Crash. Since that time, I think Bitcoin's up 180%, right? S&P 500's up like 80%, gold's up, you know, 90%. So I called it a reverse market crash. So if we think about a crash, and most people are still afraid of a crash, the doomers are out there and the crash. So what is a crash? I would call a crash when my standard of living goes down. So in 2008, we had a deflationary crash. Home prices cratered 30 to 50% across the United States. You know, the S&P 500 crashed 50%. Gold was down. So we had this deflationary crash. And what happened is then businesses went out of business, people lost their job, people took new low-paying jobs, businesses didn't do as well. And so what happened ultimately is that I had less money, so I didn't have the same quality of life I had before. That was the crash. If you want to know more about creating a wealth operating system, just comment ready and we'll send you the link.