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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Amid escalating concerns over U.S. fiscal stability, new investment calls are emerging for a shift toward hard assets. According to reports, Anthony Pompliano, CEO of Professional Capital Management, emphasized the importance of holding gold and Bitcoin as essential hedges against dollar debasement. Pompliano noted that this recommendation is driven by risks of government default and the long-term erosion of the U.S. currency's purchasing power.
These remarks come as markets witness mixed performance in safe-haven assets, with investors balancing portfolios against inflation rates that recently hit 2.8% in both Canada and the UK per market data. Compared to gold's historical performance, experts at major investment banks like Goldman Sachs maintain that gold remains a strategic asset during geopolitical uncertainty, while Bitcoin gains momentum as "digital gold" among institutional players. This vision reflects a broader trend linking the U.S. fiscal deficit to the necessity of diversifying reserves away from fiat currencies.
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Sign InLooking ahead, traders are awaiting the release of the FOMC Minutes on May 20, 2026, which may provide signals regarding the interest rate path and its impact on dollar strength. Attention is also focused on upcoming speeches from Fed officials, including Waller and Barr, to assess future monetary directions. Given these catalysts, liquidity levels in both crypto and gold markets remain under close watch for any institutional inflows triggered by these fiscal warnings.