The Fuse Is Lit: Shock US Decision for Full Fiat Destruction
Summary
Daniela Camone interviews pro trader Garrett Soloway about the unprecedented US-Japan coordinated intervention in the yen market using euros. Soloway discusses his long-term bullish outlook for gold, noting a potential wedge breakout, while remaining cautious on silver until it breaks $64. He also analyzes Bitcoin, predicting a short-term bounce but expecting a drop below $50k due to deleveraging risks and institutional fatigue.
Topics discussed
Introduction and guest Garrett Soloway
US-Japan Yen intervention and Euro strength
Gold outlook: Wedge pattern and long-term targets
Silver analysis: Support levels and resistance
Bitcoin forecast: Short-term bounce vs long-term bear
Conclusion: Currency coordination and precious metals
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