Investors / stance tracking
What Lyn Alden is saying
FollowFollowingUnfollowIndependent macro strategist
138 dated public stances tracked since 2021-01-04, most recently 2026-10-19. 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 Lyn Alden'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. Lyn Alden 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.
138
tracked stances
67
themes
6
side flips
2026-10-19
last heard
Returns 90d +4.0% 58% correct · 64 calls · 180d +4.4% 54% correct · 59 calls · 1y +11.9% 59% correct · 39 calls
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. “% correct” is the share of those scored calls whose direction-aware return was positive at the horizon — in a rising market a bullish call is correct by default, so read it beside the market, not alone.
Scored calls
Every tracked call with at least one matured horizon: the rows behind the Returns line above. A dash is a horizon that has not matured yet.
| Date | Name | Call | 90d | 180d | 1y |
|---|---|---|---|---|---|
| 2026-07-07 | BITCOIN | bullish | +35.4% | — | — |
| 2026-06-21 | Quality Stocks | bullish | +3.5% | — | — |
| 2026-06-07 | Long Dur Treasuries | bearish | +1.7% | — | — |
| 2026-06-07 | ENERGY | owns | +11.8% | — | — |
| 2026-06-07 | BANKS | bullish | +7.1% | — | — |
| 2026-04-23 | SPX | bullish | +5.8% | +9.1% | — |
| 2026-03-31 | GOLD | bullish | -14.3% | -12.2% | — |
| 2026-03-24 | BITCOIN | bullish | -9.3% | +15.1% | — |
| 2026-02-16 | BANKS | bullish | -3.9% | +9.9% | — |
| 2026-01-30 | MSTR | bullish | +10.5% | -37.7% | — |
| 2025-12-27 | short SPX / long GOLD | ratio | +5.8% | -7.3% | — |
| 2025-12-27 | USD | bearish | -3.2% | -5.6% | — |
| 2025-12-27 | SILVER | owns | -3.9% | -20.7% | — |
| 2025-12-10 | URANIUM | owns | +14.9% | +0.9% | — |
| 2025-12-10 | Long Dur Treasuries | bearish | -1.1% | +2.0% | — |
| 2025-12-10 | India Equities | bullish | -6.4% | -11.5% | — |
| 2025-12-10 | GOLD | bullish | +22.8% | +2.1% | — |
| 2025-12-10 | BITCOIN | bullish | -24.0% | -31.5% | — |
| 2025-12-05 | PYPL | bullish | -23.3% | -31.4% | — |
| 2025-12-05 | ETH | bearish | +30.5% | +39.9% | — |
| 2025-12-02 | NVDA | bearish | -0.6% | -23.7% | — |
| 2025-12-02 | BITCOIN | bearish | +24.6% | +19.4% | — |
| 2025-11-19 | GOOGL | owns | +3.2% | +35.7% | — |
| 2025-11-19 | ENERGY | bullish | +20.6% | +36.9% | — |
| 2025-11-18 | USTS | bullish | +1.5% | -1.5% | — |
| 2025-10-29 | short GOLD / long BITCOIN | pair | -25.1% | -24.1% | -15.4% |
| 2025-10-29 | Em Equities | bullish | +9.3% | +15.3% | +14.2% |
| 2025-10-29 | BANKS | bullish | +12.8% | +15.4% | +20.4% |
| 2025-09-25 | long BITCOIN / short GOLD | pair | -19.6% | -26.3% | -18.5% |
| 2025-09-09 | short Long Dur Treasuries / long GOLD / long Quality Stocks / long BITCOIN | hedge | +0.5% | +1.2% | +3.0% |
| 2025-09-09 | Quality Stocks | bullish | +4.8% | +6.2% | +16.7% |
| 2025-09-09 | MSTR | owns | -44.1% | -57.7% | -59.6% |
| 2025-09-09 | Long Dur Treasuries | bearish | +0.5% | -2.2% | +4.2% |
| 2025-09-09 | GOLD | bullish | +15.4% | +41.5% | +20.7% |
| 2025-09-09 | Commodities Broad | bullish | +3.6% | +26.1% | +52.6% |
| 2025-09-09 | BITCOIN | owns | -18.7% | -40.8% | -29.8% |
| 2025-05-31 | GOLD | bullish | +2.1% | +24.5% | +32.0% |
| 2025-05-31 | BITCOIN | bullish | +3.5% | -12.7% | -29.7% |
| 2024-11-22 | USD | bullish | -0.1% | -5.3% | -2.2% |
| 2024-11-22 | MSTR | bullish | -23.2% | -4.5% | -57.5% |
Showing the 40 most recent of 64 scored calls.
View flips
Where the tracked view on a theme reversed between appearances — bullish to bearish or back. Dates are the episodes on each side of the turn.
Most-argued themes
| Theme | Stances | Lean | Mix | Last |
|---|---|---|---|---|
| BITCOIN | 14 | 12 bullish / 1 bearish / 1 neutral | 2026-10-19 | |
| GOLD | 10 | 9 bullish / 1 neutral | 2026-08-09 | |
| ENERGY | 5 | 5 bullish | 2026-10-19 | |
| Long Dur Treasuries | 5 | 4 bearish / 1 neutral | 2026-06-21 | |
| SPX | 5 | 2 bullish / 2 bearish / 1 neutral | 2026-08-31 | |
| MSTR | 4 | 4 bullish | 2026-08-09 |
Tracked stances
bullish / bearish is a view they argued; owns / short is a position they said they hold.
Bitcoin is a scarce non-debasable asset that benefits from fiat monetization in a fiscal dominance regime, alongside gold and real estate with fixed-rate debt
“owning gold owning bitcoin owning high quality equities...Those have all been generally good trades to do”
Why Stocks Keep Rising While Americans Fall Behind | Lyn Alden
Silver is a long-term beneficiary of the same capital rotation from financial/non-resource assets toward scarce commodities that is driving the broader hard-asset bull market
“I think silver is a long-term beneficiary from these trends”
Why Stocks Keep Rising While Americans Fall Behind | Lyn Alden
AI data center power requirements, defense buildout, and structural underinvestment mean assets that produce or transfer energy face persistent demand for a very long period, compounded by the inflationary fiscal backdrop
“I'm a long-term energy bull and also just energy assets even just assets that transfer energy”
Why Stocks Keep Rising While Americans Fall Behind | Lyn Alden
AI compute buildout and rising global defense spending create incremental demand for copper as capital broadly rotates toward resource assets after a long period of underinvestment
“if you're building more missiles, I mean, sadly, that is a source of commodity demand”
Why Stocks Keep Rising While Americans Fall Behind | Lyn Alden
Brazil's largest bank is a commodity-cycle adjacent play offering index-beating returns by capturing financialization of Brazil's resource economy without taking direct commodity price risk
“my favorite trade in Brazil has been owning their biggest bank and it outperforms the index”
Why Stocks Keep Rising While Americans Fall Behind | Lyn Alden
2026-10-06
long GOLD / short SPX
ratio
Lyn Alden · video
Fiscal dominance causes dollar debasement to exceed economic growth, making gold a structural outperformer versus equities in real terms even as stocks nominally rise — a multi-year bear market for the stocks/gold ratio that mirrors emerging-market dynamics.
“we been in one of the great bear markets of stocks versus gold”
Cash Is Paying Again: Why Own Stocks at All? | Lyn Alden
2026-10-05
long LARGE-CAP BLUE-CHIP EQUITIES (LONG-DURATION LOCKED-IN DEBT) / short SMALL/MID-CAP EQUITIES (SHORT-TERM ROLLING BANK DEBT, WEAKER BALANCE SHEETS)
pair
Lyn Alden · video
Large-cap blue-chips that have already locked in long-term cheap debt sit near the top of the capital stack and are relatively insulated from sustained high rates, while small and mid-cap companies dependent on short-term bank debt and frequent refinancing…
“it's the shorter term or the smaller companies that generally get more impacted”
"IT'S HAPPENED! The Fed Has COMPLETELY LOST CONTROL" - Lyn Alden
2026-10-05
JAPANESE EQUITIES (NON-YEN)
owns
Lyn Alden · video
Japanese corporations are structurally short the yen because they earn revenues globally, so they benefit from yen weakness; Lyn is long Japanese assets excluding yen currency exposure, making it a way to be bullish Japan while remaining neutral on the yen…
“I'm long Japanese assets that are not the yen because Japanese corporations are structurally short the yen”
Lyn Alden: Nothing Stops This Train - BTC, AI Equities, Bond Market Analysis
2026-10-04
long GOLD / short SPX
ratio
Lyn Alden · video
In a fiscal dominance regime with debt/GDP above 100%, monetary debasement exceeds real economic growth, producing a structural multi-year bear market for equities relative to gold — an emerging-market hallmark now visible in US data
“we've been in one of the great bare markets of stocks versus gold”
Lyn Alden: Debt System ‘Is Breaking’—How High Will Yields Go?
The original bullish thesis played out after the stock more than doubled; the company has since moved to burning free cash flow on AI capex at a scale where further upside is hard to justify
“when that more than doubled…while also going free cash flow negative uh I eventually trimmed out of that”
Lyn Alden: Debt System ‘Is Breaking’—How High Will Yields Go?
With money-market and CD rates at 4.3–4.4%, the conservative sleeve of a portfolio earns a real return above CPI in the current rate environment, directly benefiting cash-rich and debt-free savers
“That is absolutely a play here”
Lyn Alden: Debt System ‘Is Breaking’—How High Will Yields Go?
Said again: 2026-10-06 (Lyn Alden)
Semiconductor companies are the profitable layer of the AI buildout unlike frontier AI labs, making them a durable beneficiary of sustained AI capex spending
“I've on average been somewhat bullish on semiconductors”
Lyn Alden: Debt System ‘Is Breaking’—How High Will Yields Go?
Said again: 2026-10-19 (Wealthion)
Equal-weight S&P 500 provides broad equity participation while diffusing concentration risk in overbought megacap/AI names that face stagnation rather than crash, leaving a reasonably priced mid-cap tilt intact
“equal weight S&P 500... does diffuse that risk a little bit more”
The AI Trade Is Entering Its Most Dangerous Phase | Lyn Alden
Said again: 2026-10-19 (Wealthion)
2026-08-31
SEMICONDUCTOR STOCKS
bullish
Lyn Alden · video
Chip stocks remain the genuine bottleneck in AI infrastructure with high barriers to new foundry construction, and the cycle likely has more time to run before the CapEx wave exhausts demand
“they are the genuine bottlenecks. Generally hard to build a new foundry”
The AI Trade Is Entering Its Most Dangerous Phase | Lyn Alden
2026-08-31
TRAVEL STOCKS
bullish
Lyn Alden · video
K-shaped fiscal economy channels deficit spending disproportionately to older, wealthier Americans via entitlements and interest income, and that cohort has both the time and money to travel, creating a durable demand tailwind
“older wealthier Americans are receiving a pretty significant part of the deficit... they're traveling”
The AI Trade Is Entering Its Most Dangerous Phase | Lyn Alden
2026-08-25
SEMICONDUCTORS
bullish
Lyn Alden · video
Semiconductors represent genuine supply-chain bottlenecks driving durable demand; consensus was right on the long thesis even if the sector is now extended — look to buy dips when sentiment turns negative
“I have been bullish on semiconductors, even though it's consensus. I think the consensus was right there”
"America May Not Survive This..." - Lyn Alden
2026-08-09
long STABLECOINS ADOPTION / DOLLAR-ACCESS THEME / short Crypto Other
pair
Lyn Alden · video
Stablecoins capture real global demand for dollar access and cross-border remittance, but value accrues to the underlying dollar asset and adoption theme — not to the blockchain rails themselves, which are interchangeable and historically do not accrue value…
“I'm not investing in the rails personally”
The Next Marginal Buyer of Bitcoin w/ Lyn Alden
Strategy rebuilt dollar reserves to ~28 months (back to prior 24-month guidance), instituted buyback programs, and retains the best capital-markets access for leveraged Bitcoin exposure among all treasury companies, while the MNAV premium has nearly fully…
“I'm increasingly more constructive on strategy than I have been over the past year or so”
The Next Marginal Buyer of Bitcoin w/ Lyn Alden
Multi-thousand-year track record as the apex non-sovereign store of value with only ~1.5% annual supply debasement justifies its 20 trillion+ market cap, particularly for holders who do not require cross-border portability
“I was bullish on gold before I got into bitcoin and remained so”
The Next Marginal Buyer of Bitcoin w/ Lyn Alden
Said again: 2026-08-23 (Lyn Alden), 2026-09-04 (Lyn Alden), 2026-09-08 (Lyn Alden), 2026-10-05 (Lyn Alden), 2026-10-06 (Lyn Alden), 2026-10-19 (Wealthion)
The Bitcoin treasury company fad has peaked; smaller entrants lack the liquidity network effects and capital-markets access of incumbents like Strategy, and will bleed out via management salaries and interest/dividend obligations that cannot be serviced at…
“the era of pure play Bitcoin treasury companies has hit its peak”
The Next Marginal Buyer of Bitcoin w/ Lyn Alden
The AI/semiconductor complex grew from ~$2T to ~$20T market cap; law of large numbers makes another 10x structurally much harder, so the explosive phase of that trade is done even if the sector isn't finished
“it's a lot harder to go to 40 trillion and then 80 trillion from there”
Orange Juice, Bitcoin's Bottom and the Fed's Next Move | Lyn Alden
Bitcoin is near the bottom of its historical valuation range, fast money has rotated to AI chip stocks temporarily, and once that trade decelerates capital should rotate back; multi-year fiat debasement via gradual money printing provides a structural tailwind
“Bitcoin's already at kind of near the bottom of its historical valuation range”
90d +35.4%
Lyn Alden: What Has to Happen Before Bitcoin Runs Again
Said again: 2026-07-27 (Lyn Alden), 2026-08-23 (Lyn Alden), 2026-09-04 (Lyn Alden), 2026-09-08 (Lyn Alden), 2026-10-05 (Lyn Alden)
2026-07-07
MEMORY SEMICONDUCTORS / AI CHIP STOCKS
bullish
Lyn Alden · video
AI capex cycle creates real, persistent profits for chip makers who are the genuine bottleneck in AI infrastructure and are hard to displace, unlike AI model companies which face low switching costs
“they are making just just insane amounts of money”
Lyn Alden: What Has to Happen Before Bitcoin Runs Again
2026-06-25
QUALITY EQUITIES AND SCARCE ASSETS
bullish
Macro Voices · video
Persistent mid-to-high single-digit fiscal deficits act as a structural nominal tailwind that is very hard to stand in front of for owners of high-quality equities and scarce assets
“fiscal is more powerful than people expect... that's the north star”
MacroVoices #538 Lyn Alden: Is The War Really Over and What’s Next For Markets?
2026-06-25
LEGACY CORE BANKING SOFTWARE COMPANIES
bullish
Macro Voices · video
Core software vendors for US banks are trading at ~6x earnings despite flat-to-growing earnings, making the AI-driven sell-off an overreaction that creates deep-value entry points in a capital-light, recurring-revenue business
“six times earnings despite most of them still have flat to higher earnings growth”
MacroVoices #538 Lyn Alden: Is The War Really Over and What’s Next For Markets?
2026-06-25
AI INFRASTRUCTURE BOTTLENECKS (POWER, HARDWARE, PHYSICAL CONSTRAINTS)
bullish
Macro Voices · video
AI model companies have low switching costs and no durable moat, while the physical bottlenecks (chips, power, networking) are harder to reproduce and capture more of the durable value in the AI buildout
“more bullish on the actual bottlenecks, the things that are harder to reproduce”
MacroVoices #538 Lyn Alden: Is The War Really Over and What’s Next For Markets?
2026-06-21
Long Dur Treasuries
neutral
Lyn Alden · video
Fiscal dominance means rising deficits offset any rate-tightening impact on inflation, making bonds an unimpressive trade rather than a clear bear or bull case
“I view them more as kind of a neutral unimpressive trade”
Did Another Great Depression Just Trigger? | Lyn Alden
2026-06-21
Quality Stocks
bullish
Lyn Alden · video
Equities not in a bubble offer the best core allocation in a fiscal dominance environment where bonds are unimpressive and gold needs a base
“for a lot of investors the core of a portfolio makes sense to be equities”
90d +3.5%
Did Another Great Depression Just Trigger? | Lyn Alden
The broader crypto ecosystem is structurally stagnating because most projects rest on fake decentralization and regulatory arbitrage with no durable use case, evidenced by DeFi TVL never reclaiming its 2021 peak
“I'm pretty structurally bearish on outside of Bitcoin and stablecoins”
Did Another Great Depression Just Trigger? | Lyn Alden
2026-06-07
Long Dur Treasuries
bearish
Lyn Alden · video
5% yields bring in enough new buyers to prevent a disorderly collapse, but structural fiscal dominance and above-target inflation ensure bonds remain an inferior store of value versus equities, gold, and real assets at the margin
90d +1.7%
Lyn Alden: The Bubble No One Is Talking About
Strait of Hormuz closure is drawing down strategic stockpiles that cannot keep offsetting lost supply, setting up a potential second-leg price spike while energy companies hold fortress balance sheets that remain profitable at $80 oil and move inversely to…
“I continue to be long energy securities. Many of them have good balance sheets.”
90d +11.8%
Lyn Alden: The Bubble No One Is Talking About
Said again: 2026-06-25 (Macro Voices), 2026-08-25 (Lyn Alden)
2026-06-07
STABLECOINS (DOLLAR-DENOMINATED)
bullish
Lyn Alden · video
Organic global demand from 70+ fragmented EM currencies seeking cross-border efficiency and inflation protection drives stablecoin market cap from $300B toward $1T+ with no active policy headwind needed beyond US non-intervention
“I think eventually they'll get into the over a trillion”
Lyn Alden: The Bubble No One Is Talking About
After tripling from $18, silver's asymmetry is gone — a 30% drawdown and a 50% further gain are equally plausible — so the conviction edge that justified a large position no longer exists
Lyn Alden: The Bubble No One Is Talking About
2026-06-07
GPU
bullish
Lyn Alden · video
Chip producers are actually generating profits from genuine AI demand, have strong economic moats given the extreme barriers to entry in GPU and RAM manufacturing, and earnings growth broadly justified the price appreciation
Lyn Alden: The Bubble No One Is Talking About
Said again: 2026-06-21 (Lyn Alden)
Dollar weakening reduces the debt burden for EM financials with dollar liabilities, Brazil's highly hawkish real rates have room to ease and boost the economy, and foreign capital that abandoned these markets is only beginning to return
90d +7.1%
Lyn Alden: The Bubble No One Is Talking About
Said again: 2026-08-25 (Lyn Alden)
2026-06-07
SK
bullish
Lyn Alden · video
Two companies controlling roughly two-thirds of global RAM supply are directly levered to agent-driven AI memory demand that is structurally larger than chatbot-era GPU demand, and their price rise was broadly validated by actual earnings
Lyn Alden: The Bubble No One Is Talking About
Fiscal dominance structurally keeps nominal GDP elevated and asset prices rising in currency terms even if they lag hard assets like gold in real terms
“asset prices doing well...they're doing well in currency terms at least over a multi-year period”
90d +5.8% · 180d +9.1%
Macroeconomic Cycles and the Future of Fiscal Policy: Lyn Alden | U Got Options with Cem Karsan
2026-04-23
ALTCOINS
bearish
Cem Karsan · video
Most altcoins lack structural use case and durable long-term growth; occasionally tradeable but structurally the overall category has little defensible value
“I've been for example structurally bearish on altcoins...structurally kind of bearish on their overall use case”
Macroeconomic Cycles and the Future of Fiscal Policy: Lyn Alden | U Got Options with Cem Karsan
Gold remains a necessary scarce asset to hold against a multi-decade sovereign debt debasement cycle, but the recent run-up has left it overbought and prone to a consolidation period analogous to its 2011–2021 lost decade
“gold had a lost decade really after 2011... I think it's obviously taking a breather now”
The Debt Crisis Is Already Here | Lyn Alden
Said again: 2026-06-07 (Lyn Alden)
2026-03-31
short USTS / long REAL ESTATE / long HIGH-QUALITY BUSINESS EQUITY
hedge
Lyn Alden · video
Fiat currencies are structurally debased at ~7%/year while interest on savings and bonds rarely compensates, so the dominant strategy is to borrow cheaply at fixed rates (short the depreciating currency) while owning scarcer hard assets — real estate and…
“short currency, own scarce things — real estate, business equity”
The System Is About To Collapse | Lyn Alden
Gold supply grows at only ~2% per year versus fiat money supply at 7%+ annually, positioning it as a scarcer store of value that outperforms currency and bonds over time in a fiscal dominance regime, with lower volatility than Bitcoin for those unwilling to…
“people that want even scarcer money will often buy gold”
90d -14.3% · 180d -12.2%
The System Is About To Collapse | Lyn Alden
Said again: 2026-06-21 (Lyn Alden)
The current correction is shallower than prior cycles (~50% from high vs. deeper prior drawdowns), institutional adoption is growing, and volatility is structurally declining, making this likely a garden-variety selloff with a probable bottom already in
“I do generally view this as another pretty garden variety selloff”
90d -9.3% · 180d +15.1%
Here's The Latest Outlook From Lacy Hunt, Ed Dowd, Lyn Alden + A Dozen Other Experts
Said again: 2026-03-31 (Lyn Alden), 2026-04-01 (Lyn Alden), 2026-04-23 (Cem Karsan)
2026-02-16
JAPANESE TRADING COMPANIES (SOGO SHOSHA)
bullish
Lyn Alden · video
Japanese conglomerates structurally borrow in cheap yen and own real-world assets generating free cash flows, creating an embedded long-real-assets/short-yen position at low valuations — a durable multi-year compounder as Japan navigates its monetary policy…
“they borrow in yen so they're short the yen and then their own real assets they generate free cash flows and they're cheap”
Lyn Alden: How to Survive The Gradual Print Era — Fed Chair Warsh, Gold & Bitcoin
2026-02-16
GRADUAL FED BALANCE SHEET EXPANSION (MACRO POSITIONING)
bullish
Lyn Alden · video
Structural liquidity floors, regulatory constraints on QT, and fiscal dominance mean the Fed balance sheet will gradually rise regardless of who chairs the Fed, supporting hard assets and broad money supply growth
“we've shifted toward gradual Fed balance sheet increases; broad money supply kind of gradually up and to the right for the next couple years”
Lyn Alden: How to Survive The Gradual Print Era — Fed Chair Warsh, Gold & Bitcoin
2026-02-16
STABLECOINS
bullish
Lyn Alden · video
Bottom-up grassroots global demand for dollars exists in many countries where the dollar is the preferred informal currency; technology now allows this demand to be served at scale, extending dollar network effects outside sovereign-level holders
“on the streets of Cairo...it's the dollar that people want...technology can potentially let us meet that bottom-up demand”
Lyn Alden: How to Survive The Gradual Print Era — Fed Chair Warsh, Gold & Bitcoin
Said again: 2026-04-23 (Cem Karsan)
2026-02-16
GPU
bullish
Lyn Alden · video
AI hardware is a necessary build-out component with genuine long-run demand, but subject to sentiment-driven bubbles; the correct entry is during sharp selloffs when the market calls it a fraud, not during euphoria — she fades spikes up and buys spikes down
“whenever they have this kind of selloff and people say the whole thing was a bubble that's when I generally like to get back in”
Lyn Alden: How to Survive The Gradual Print Era — Fed Chair Warsh, Gold & Bitcoin
Trade war dynamics are diverting global trade flows through Latin America and benefiting regional banks that operate as regulated monopolies in real-world businesses that are structurally hard to disrupt with AI — and they were underowned before their 2025…
“who had on their bingo card that during a trade war Latin American banks would do well but they had this pretty explosive year”
90d -3.9% · 180d +9.9%
Lyn Alden: How to Survive The Gradual Print Era — Fed Chair Warsh, Gold & Bitcoin
2026-01-30
long BITCOIN / short ALTCOINS
ratio
Lyn Alden · video
Altcoins trend down relative to Bitcoin over multi-year timeframes as frequent alt-season promises drive capital into speculative assets rather than durable positions, while Bitcoin dominance reasserts across major cycles.
“the inclination is down relative to Bitcoin”
"My Latest Take on Where Bitcoin Is Headed” - Lyn Alden Bitcoin Interview
MicroStrategy provides non-callable leveraged Bitcoin exposure that the market demands, and has outperformed both the market and Bitcoin since adopting its treasury strategy in August 2020, with a still-manageable debt load.
“the biggest and best still have a market to provide for as we look forward several years”
90d +10.5% · 180d -37.7%
"My Latest Take on Where Bitcoin Is Headed” - Lyn Alden Bitcoin Interview
2025-12-27
short SPX / long GOLD
ratio
Lyn Alden · video
Fiscal dominance and dollar debasement will continue to erode the real purchasing power of US corporate earnings, causing US equities to underperform gold and silver on a multi-year basis just as stocks have in emerging markets under similar conditions
“My expectation is flat to down on a multi-year basis going into say the 2030s”
90d +5.8% · 180d -7.3%
Why Lyn Alden Thinks Silver Could Hit $100 in 2026
Silver's hybrid industrial (solar, tech) and monetary properties left it deeply undervalued; fiscal dominance and dollar debasement support continued multi-year upside, though near-term momentum makes a correction likely before the next leg
“I'm still long silver... I don't really want to get in the way of a precious metals bull market”
90d -3.9% · 180d -20.7%
Why Lyn Alden Thinks Silver Could Hit $100 in 2026
The Fed's structural shift from quantitative tightening to gradual balance sheet expansion constitutes fiscal dominance that will persistently erode dollar purchasing power, benefiting emerging markets and commodity exporters
“I do think that sets the stage for a moderately weaker dollar”
90d -3.2% · 180d -5.6%
Why Lyn Alden Thinks Silver Could Hit $100 in 2026
Said again: 2026-02-16 (Lyn Alden)
2025-12-27
OIL MIDSTREAM / PIPELINE COMPANIES
bullish
Lyn Alden · video
Large midstream and pipeline companies have strong balance sheets and long-lived contracted assets that can weather a flat oil price environment while paying dividends, and are better positioned than small caps or futures for an eventual demand recovery
“I have been pretty constructive on the larger safer plays the producers and the midstream”
Why Lyn Alden Thinks Silver Could Hit $100 in 2026
2025-12-27
OIL SANDS / CANADIAN OIL PRODUCERS
bullish
Lyn Alden · video
Canadian oil sands have long-lived assets that can outlast US shale's gradual peak decline, and as the Fed shifts to structural balance sheet expansion weakening the dollar and boosting emerging market demand, longer-duration oil assets should benefit
“long-term bullish and for me it's just a valuation and timing concern”
Why Lyn Alden Thinks Silver Could Hit $100 in 2026
2025-12-27
OFFSHORE OIL PRODUCERS
bullish
Lyn Alden · video
Offshore assets have longer reserve lives than US shale, which is peaking, and as dollar liquidity expands and emerging market demand recovers, offshore producers are best positioned to capture the demand uplift without the shale supply offset
“offshore is perhaps the most interesting area to me in the market”
Why Lyn Alden Thinks Silver Could Hit $100 in 2026
2025-12-27
LARGE-CAP OIL PRODUCERS AND MIDSTREAM
bullish
Lyn Alden · video
Large-cap producers and midstream companies have strong balance sheets to weather soft demand while US shale gradually peaks, positioning them to outperform when emerging-market demand recovers on dollar weakness
“I have been pretty constructive on the larger safer plays the producers and the midstream and those have held up better”
Why Lyn Alden Thinks Silver Could Hit $100 in 2026
2025-12-27
CANADIAN OIL SANDS
bullish
Lyn Alden · video
Oil sands companies hold long-lived, low-decline assets and have paid dividends through the cycle; long-term bullish as shale peaks and supply tightens, though the 2020-2021 explosive asymmetry has largely been realized
“I remain kind of long-term bullish... not as explosively bullish as I was back in 2020 or 2021”
Why Lyn Alden Thinks Silver Could Hit $100 in 2026
Bitcoin is currently cheap relative to its debasement-hedge properties and scarcity, and Alden expects strong two-year performance driven by institutional adoption of the debasement trade and the ongoing fiscal-dominance macro backdrop
“I think that Bitcoin is cheap right now. I think it's probably got a good two-year performance ahead of it”
90d -24.0% · 180d -31.5%
Said again: 2025-12-27 (Lyn Alden), 2026-01-30 (Lyn Alden), 2026-02-16 (Lyn Alden)
2025-12-10
Long Dur Treasuries
bearish
video
Structural fiscal deficits ensure sustained money-supply growth that debases bond purchasing power, and bondholders will not receive yields that compensate for that debasement — mirroring the 1940s experience where long-bond holders lost real wealth
“avoid currency and bonds other than your kind of the amount you need to function”
90d -1.1% · 180d +2.0%
Said again: 2026-02-16 (Lyn Alden)
Fiscal dominance and structural deficits in developed countries require sustained money-supply growth, and gold — unlike bonds or cash — cannot be printed, making it a durable hedge against debasement over a multi-year horizon, even though it is tactically…
“I'd rather be long just unlevered gold and other scarce assets”
90d +22.8% · 180d +2.1%
Said again: 2025-12-27 (Lyn Alden), 2026-01-20, 2026-01-30 (Lyn Alden), 2026-02-16 (Lyn Alden)
Showing the 60 most recent of 138 tracked stances.
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