Ideas
Bitcoin hits 100k by end January
Avi thinks Bitcoin has bottomed because sellers ran out of ammo around 80-85k despite low liquidity and tax selling. With tax selling abating, new buyers returning in January, and if NASDAQ does not collapse, he expects Bitcoin to reach 100k by end-January and thinks it happens fast. He bought IBIT Jan 30 $55 calls around $0.82, framing them as a cheap way to get upside if IBIT reaches 60.
Metals late innings; wait for pullback
Jonah says 2025 was the big metals year and the rally is in the eighth or top of the ninth inning timewise. Sovereign gold buyers like China slow purchases as prices rise and do not FOMO like retail, inflation is not out of control, and silver looks like a retail/squeeze-driven market. Price could still go much higher, but he would not chase now and would rather buy gold/silver on a pullback.
Avi is very bearish on oil
Avi says hydrocarbons are different and he is very bearish on oil, for reasons he says he wrote down but does not detail in the episode; he repeats the bearish oil view later while making the metals case. The lack of elaborated reasoning makes this a low-confidence but explicitly directional call.
Gold-silver basket beats S&P in 2026
Avi disagrees with the late-cycle metals view and is betting a 50/50 gold/silver basket outperforms the S&P 500 in 2026. He argues gold is catching up as an inflation/momentum hedge, sovereign and BRICS/China accumulation continues in a multipolar world, retail allocation is becoming reflexive, and gold's multi-decade cycle inertia means the post-COVID rally may only be 5-6 years old; even in the late innings, the blowoff can be dramatic. He also expects gold miners to continue outperforming.
Gold-silver basket beats S&P in 2026
Avi disagrees with the late-cycle metals view and is betting a 50/50 gold/silver basket outperforms the S&P 500 in 2026. He argues gold is catching up as an inflation/momentum hedge, sovereign and BRICS/China accumulation continues in a multipolar world, retail allocation is becoming reflexive, and gold's multi-decade cycle inertia means the post-COVID rally may only be 5-6 years old; even in the late innings, the blowoff can be dramatic. He also expects gold miners to continue outperforming.
Long commodities and critical minerals geopolitically
Avi is generally bullish commodities as geopolitical assets in a fracturing, inflationary world. He flags palladium and copper/copper miners as part of that trend, and says REMX, a rare-earth/critical-minerals ETF, is one of his biggest current bags after reallocating out of silver miners.
Short altcoins and memecoins in 2026
Jonah predicts the altcoin bear market continues in 2026 and the memecoin space does not come back, with no resurgence for years. Previous-cycle vaporware/beached whales have no uptake, insiders and VCs want out, and high-FDV/low-float tokens with positive funding should be shorted; he expects no squeezes. He suggests shorting a basket including Polkadot, Pepe, and Worldcoin after a Bitcoin rally.
Long Monero and Zcash privacy coins
Avi proposes buying Monero, Zcash, and Bitcoin against a short basket of shitcoins, and separately argues privacy coins now have both use case and narrative: $2.7B stolen in crypto hacks in 2025 creates demand to wash funds through Monero/Zcash, while California wealth tax and Mamdani in New York may push more asset hiding. He notes privacy coins have no cash flows, which he says is perfect for huge upside.
CryptoPunks floor eventually below 8 ETH
Jonah has high conviction that the CryptoPunks floor eventually trades below 8 ETH, though it may take until 2027/28 rather than 2026. He argues NFTs were a fad, not a persistent asset class; most of a 10,000-unit collection is ugly floor inventory, the addressable buyer base is a tiny niche of 2017-2022 online crypto degens, and there is little reason to lock up capital in JPEGs. He notes the Bored Ape floor is already around 4 ETH.
CryptoPunks floor eventually below 8 ETH
Jonah has high conviction that the CryptoPunks floor eventually trades below 8 ETH, though it may take until 2027/28 rather than 2026. He argues NFTs were a fad, not a persistent asset class; most of a 10,000-unit collection is ugly floor inventory, the addressable buyer base is a tiny niche of 2017-2022 online crypto degens, and there is little reason to lock up capital in JPEGs. He notes the Bored Ape floor is already around 4 ETH.
Buy physical Fidenza over NFT
Jonah says he is interested in buying a physical Fidenza rather than the NFT. Physical prints trade well below NFT levels because most Fidenza buyers do not care about the physical; an NFT owner can mint a signed physical once per NFT for a few hundred dollars and often sell the NFT back near the same price, which he views as an arbitrage. He wants to hang the signed physical.
This 1000x Podcast video, published December 30, 2025,
features Avi Felman, Jonah Van Bourg
discussing IBIT Jan 30 $55 calls, BTC, GLD, SILVER, WTI, GDX, SPY, PALL, COPPER, REMX, DBC, COPX, ALTCOINS, MEMECOINS, High FDV low float tokens, DOT, PEPE, WLD, XMR, ZEC, CRYPTOPUNKS, NFTS, Physical Fidenza.
11 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Avi Felman,
Jonah Van Bourg
· Tickers:
IBIT Jan 30 $55 calls,
BTC,
GLD,
SILVER,
WTI,
GDX,
SPY,
PALL,
COPPER,
REMX,
DBC,
COPX,
ALTCOINS,
MEMECOINS,
High FDV low float tokens,
DOT,
PEPE,
WLD,
XMR,
ZEC,
CRYPTOPUNKS,
NFTS,
Physical Fidenza
