Raoul Pal, a former Goldman Sachs executive and founder of Real Vision, a macro research firm, said in a post on social media: "The new Treasury Secretary, Scott Bessent, is in favor of using a weak dollar and low oil prices to drive U.S. and global growth. That's all you need to know. It will drive financial conditions. Scott is good for your bag. I've known him for over a decade and he understands that."
Raoul Pal, a former Goldman Sachs executive and founder of Real Vision, a macro research firm, wrote on X: "So it looks like Michael Saylor and I have reached a consensus again. I also believe that BTC is a pristine asset. He also believes that the tokenisation of all assets, cultures, etc. will also happen, and they are not the same as each other. Eventually there will be multiple assets based on BTC."
On August 5th, Raoul Pal, a former Goldman Sachs executive and founder of macro research firm Real Vision, wrote on the X platform that it is too early to draw conclusions, but personally, he plans to increase his holdings of cryptocurrencies and technology stocks in the next week or so. He also said that he personally believes that this is a sharp wash and a reset of risk leverage, and a strong rise will be the general characteristic of 2024/2025. This may be the last opportunity to enter the m...
Katalin Tischhauser, head of investment research at Sygnum Bank and a former Goldman Sachs executive, said that since Ethereum's market cap is only one-third that of bitcoin, its relative inflows are expected to be between 15-35% of bitcoin, with inflows expected to be between $5 billion and $10 billion in the first year. It also said that because ETH's value is primarily derived from income and cash flow rather than as a safe haven asset, it is "more relevant to traditional institutional invest...
Raoul Pal, a former Goldman Sachs executive and founder of Real Vision, wrote on the X platform that bitcoin is about to break the huge cup handle pattern and enter the banana range. Raoul Pal has previously said that the "banana range" represents a highly cyclical stage, when liquidity enters the market and the central bank needs to refinance all its debt to please the people with candy. At this time, cryptocurrencies usually rise vertically. This is a debt refinancing cycle driven by macroecon...