Why Isn't Bitcoin Going Up While Gold & Silver Are Surging?

Summary

Anthony Pompliano explains why Bitcoin is lagging while gold, silver, copper, and platinum have surged. He attributes the metals rally to central-bank buying, de-dollarization, industrial demand, and tight supply, while Bitcoin faces a changed Wall Street market structure, less need for chaos/inflation hedges, and competition from AI and gambling. He remains long-term bullish on Bitcoin, arguing that lagging assets can catch up and that lower prices improve the opportunity. He also highlights AI as a major magnet for capital and attention.

• Gold, silver, copper, and platinum have rallied sharply over the past year.
• Pomp attributes metals strength to central-bank demand, de-dollarization, industrial demand, and low supply.
• Bitcoin is down over the same period despite long-term bullishness.
• Wall Street adoption has made Bitcoin easier to short and structurally less volatile.
• Global stability and disinflation have reduced the urgency for chaos and inflation hedges.
• AI, prediction markets, and sports betting are competing for speculative capital.
• Pomp remains long-term bullish on Bitcoin and favors patience or dollar-cost averaging.
• He sees AI as the shiny new tool attracting capital and talent.