Investors / stance tracking
What Henrik Zeberg is saying
Head Macroeconomist, Swissblock
9 dated public stances tracked since 2024-12-11, most recently 2026-06-26. Each line carries the date and the venue it came from; quotation marks mean verbatim. Methodology.
The stances below are c8alpha's editorial distillation of Henrik Zeberg's public commentary — television, podcasts, and interviews — compiled by automated transcript analysis and dated to the episode they came from. They may lag the speaker's current view and may contain extraction errors. Text in quotation marks is verbatim from the episode; everything else is our paraphrase. Henrik Zeberg is not affiliated with c8alpha and has not endorsed this page. Nothing here is investment advice.
Think we got something wrong? Report a misattribution — we correct it or take it down.
9
tracked stances
7
themes
0
side flips
2026-06-26
last heard
Returns 90d +10.2% (n=8) · 180d +1.8% (n=8) · 1y +11.9% (n=8)
Raw direction-aware returns on public statements — long calls credited when the price rose, shorts when it fell, shorts capped at −100% — in a rising market this mostly measures who was long, not who has skill. Returns run from the stance date; calls are rarely closed publicly, so fixed 90-day / 180-day / 1-year horizons are used. A horizon shows only once it has fully matured, and only at 5+ scored stances.
Most-argued themes
| Theme | Stances | Lean | Mix | Last |
|---|---|---|---|---|
| BITCOIN | 3 | 3 bullish | 2026-06-18 | |
| Big Tech | 1 | 1 bullish | 2026-06-26 | |
| ETHEREUM | 1 | 1 bullish | 2026-06-18 | |
| GOLD | 1 | 1 bearish | 2026-06-18 | |
| SILVER | 1 | 1 bearish | 2026-06-18 | |
| SPX | 1 | 1 bullish | 2025-06-16 |
Tracked stances
bullish / bearish is a view they argued; owns / short is a position they said they hold.
2026-06-26
Big Tech
bullish
Wealthion · video
Fractal pattern matching the 1997–2000 Nasdaq development is repeating now, with 20 proprietary indicators pointing to a final melt-up phase of at least 15% remaining before the top
“My target would be at least 33 to 34,000 on the Nasdaq”
Zeberg & Faber: The Rally Before the Reckoning
2026-06-18
BITCOIN
bullish
Wealthion · video
Late-cycle risk-rotation psychology drives capital from equities into extreme risk assets last; only ~$1T needed to move crypto meaningfully, and the pattern of equity-rally-then-crypto-melt-up has repeated multiple cycles
“100,000 I see definitely and I think it could go to 120,000”
Henrik Zeberg: The Final Melt-Up Before Everything Breaks
2026-06-18
ETHEREUM
bullish
Wealthion · video
In prior late-cycle crypto melt-ups the ETH/BTC ratio expands as Ethereum 'takes over' from Bitcoin once Bitcoin leads the initial move, creating outsized gains for ETH
“you're going to see Ethereum and others doing very well in a very short amount of time”
Henrik Zeberg: The Final Melt-Up Before Everything Breaks
2026-06-18
SILVER
bearish
Wealthion · video
Silver's spike was a classic Eiffel Tower pattern (primarily an industrial metal), now in a post-peak consolidation with only a modest bounce possible on dollar weakness before resuming decline
“silver is mainly an industrial product and it went to 130 or something and it was so clear that was the same kind of Eiffel Tower move”
Henrik Zeberg: The Final Melt-Up Before Everything Breaks
2026-06-18
GOLD
bearish
Wealthion · video
Gold already completed its parabolic 'Eiffel Tower' move driven by inflation narrative; a minor bounce is possible on near-term dollar weakness but no new all-time highs expected as the final-phase capital rotation shifts to equities then crypto
“gold and silver have had their time in the sun”
Henrik Zeberg: The Final Melt-Up Before Everything Breaks
2025-06-16
SPX
bullish
Wealthion · video
$4.5T in global M2 expansion this year is fueling a liquidity-driven blow-off top to at least 6,800 before the business cycle rolls over into recession
“I think you're going to see a top there which will be much higher 6,800 on the S&P as a minimum”
90d +10.0% · 180d +13.6% · 1y +25.9%
Henrik Zeberg: The Final Rally Before a Massive Crash & Global Reset
2024-12-31
BITCOIN
bullish
Wealthion · video
Bitcoin has not yet found its cycle top and retains significant upside before the eventual bust, so the near-term path is higher
“Bitcoin has not found its top yet and I think there is a significant upside still on bitcoin”
Wealthion’s Best Of 2024: Henrik Zeberg
2024-12-11
BITCOIN
bullish
Wealthion · video
Bitcoin is in a final blow-off phase with technical Fibonacci targets at $115,000–$123,000 before topping, expected to complete roughly in line with or slightly after the S&P/NASDAQ peak
“115 to 123,000 maybe topping out a little later than the S&P but approximately at the same time”
Henrik Zeberg: The Everything Market Bubble – Why & When It’s Bursting
2024-12-11
USTS
bearish
Wealthion · video
Yields are at an inflection point and will decline strongly as the economy deteriorates, mirroring October 2007 when yields fell sharply in the two months before recession onset while most investors were oblivious
“we're going to see a decline from here... yields coming down strongly and that will be telling us that things are deteriorating”
90d -1.2% · 180d -1.1% · 1y -6.0%
Henrik Zeberg: The Everything Market Bubble – Why & When It’s Bursting
Idea Scout Weekly
Every Sunday: who said what across the tape we track — 845 voices, 2,419 episodes and articles — with side-flips and points of disagreement called out. Free. How we track it.
Free · double opt-in · unsubscribe in one click