Name: ‘I’m Petrified’: What’s Next Is 'Far Worse' Than 2008 Warns Trader | Gareth Soloway
Uploaded: 2025-10-13T21:35:14+00:00
Duration: 2238 s

Speakers

Gareth Soloway — President of Verified Investing

Summary

Gareth Soloway tells David Lin that markets are being artificially propped up by government intervention and AI spending, and he warns a major recession worse than 2008-09 is coming. He analyzes Bitcoin, the S&P 500, AI stocks, precious metals, and bonds, emphasizing technical levels and confirmation signals over short-term rebounds.

Gareth reacts to the tariff-driven selloff and rebound, warning that leaders cannot tolerate large stock-market declines.
He sees Bitcoin in a longer-term uptrend but monitors a potential head-and-shoulders breakdown below 110,000.
He remains bearish on the S&P 500 overall, with a confirmed breakdown below Friday's low risking a 10% correction.
He avoids chasing AI stocks, citing astronomical valuations, circular financing, and asymmetric air-pocket declines.
He is long-term bullish on precious metals, especially buying gold pullbacks, and sees silver, platinum, and palladium catching up.
He is bullish on bonds and expects the 10-year Treasury yield to fall to the low 3% area by early 2026.

Ideas

Gareth Soloway President of Verified Investing 6:56

Bitcoin uptrend intact; buy pullbacks.

Gareth says Bitcoin remains in a longer-term uptrend going back to 2023 despite the crypto leverage flush. The 110,000 area is support and 126,000 is resistance; as long as the 2024-25 bull-market trend and roughly 92,000-93,000 support hold, pullbacks are buying opportunities. He calls momentum neutral-to-bullish and says he plans to buy Bitcoin when it comes back.

Gareth Soloway President of Verified Investing 14:31

S&P breakdown watch; sell rallies.

Gareth says the S&P 500 has broken a key trend line but has not confirmed a breakdown. He remains overall bearish and overdone on the market; a daily close below Friday's low would confirm the breakdown and likely trigger at least a 10% correction. If the S&P reestablishes above roughly 6,685, he would view rallies into that level as selling opportunities.

Gareth Soloway President of Verified Investing 24:04

AI bubble risk; avoid chasing.

Gareth says AI stock valuations are astronomical and 75% of the S&P gains over the past two years came from AI-related stocks. He highlights circular financing such as AMD/OpenAI and an air pocket where bad news causes 3-4% drops versus small gains. He is willing to miss out and will not chase the AI trade.

Gareth Soloway President of Verified Investing 27:40

Precious metals catch-up; buy gold dips.

Gareth says gold and silver are short-term extended and due for a pullback, but he remains a long-term precious-metals bull and would buy gold on a pullback to around $3,500. He also says silver, platinum, and palladium have lagged and are playing catch-up to the upside due to debt, money printing, and reduced global belief in the US financial system.

Gareth Soloway President of Verified Investing 34:21

Bond yields lower; buy bonds.

Gareth is bullish on bonds and expects interest rates to move lower. He notes the 10-year yield had its first weekly close below a major trend line from August 2022 and expects the next leg down, targeting the low 3% area by early 2026, which supports Treasury bond prices.

‘I’m Petrified’: What’s Next Is 'Far Worse' Than 2008 Warns Trader | Gareth Soloway

Summary

Ideas

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