Raoul Pal

Raoul Pal, former Goldman Sachs Group Inc. (NYSE: GS) executive, predicts that Bitcoin (CRYPTO: BTC) could hit $50,000 this year. What Happened: Pal was speaking with Anthony Pompliano on "Bitcoin and the 2023 Financial Crisis." Pompliano, popularly known as "Pomp," on Sunday,...

As the artificial intelligence revolution sweeps the globe, analysts are touting this latest trend as one with massive potential. On Friday, economist Raoul Pal took to Twitter to also offer his take on AI. AI As A "Deflationary Shock": The emergence of OpenAI’s GPT-...

As the banking crisis continues to play out, doomsday predictions are coming in thick and fast. Amid all the negativity, economist Raoul Pal has a positive take on the developments. A "2008 redux," he says, can’t happen despite many on FinTwit calling for it. In 2008, asset prices...

Raoul Pal, former Goldman Sachs (NYSE: GS) executive, said that he was drawn to Bitcoin (CRYPTO: BTC) in 2013 over fiat. What Happened: Pal said that he had been drawn to Bitcoin because he didn't truly own his money and of the potential for debasement — that is, the potential for a...

Raoul Pal, a former Goldman Sachs executive and a macroeconomic guru, said Solana's chart is getting "very interesting" - with its value already up 85% this year. What Happened: Pal compared SOL with Ethereum (CRYPTO: ETH) which is up 168% in 2023. “SOL is also rhyming...

Raoul Pal, former Goldman Sachs (NYSE: GS) executive, said that Ethereum’s (CRYPTO: ETH) inverse chart is displaying a clear ‘GMI crash pattern.’ What Happened: GMI Crash Pattern is characterized by a sharp sell-off, followed by a rally to test the highs and a failure to...

Raoul Pal, a former Goldman Sachs executive, said that cryptocurrency with a $1 trillion market cap is only 1/200th the size of the global equity market, yet it presents one of the best chances for a young person to make any future wealth. What Happened: Pal told his 992,000 Twitter followers...

As Brazil and Argentina take the first steps towards creating a common currency, Coinbase (NASDAQ: COIN) CEO Brian Armstrong suggests the two nations should consider moving to Bitcoin (CRYPTO: BTC) instead. He believes this could be the “right long-term bet” for their currency. What...

Raoul Pal, a former Goldman Sachs (NYSE: GS) executive and macroeconomic expert, said the cryptocurrency industry holds around 18% of its assets in cash, provided that stablecoins are taken as a valid surrogate for "cash on the sidelines". What Happened: Pal was referencing a graph...

Macro expert and former Goldman Sachs executive Raoul Pal remarked that Bitcoin (CRYPTO: BTC) has performed best in seven of the last 10 years, gaining 114,000% since 2013. What Happened: However, Pal told his 992,000 followers on Twitter that in years Bitcoin wasn't the best performing,...

Macro expert and former Goldman Sachs executive Raoul Pal said Ethereum (CRYPTO: ETH) has outperformed every major asset gaining over 98,000% in the last five years. What Happened: Pal told his 991,000 followers on Twitter that “even with a 65% pullback”, ETH continues to be the best-...

The equity market flattered only to disappoint. After tame October inflation data sent stocks higher, traders have stepped back to the sidelines among lingering macro concerns. An economist, however, thinks it can’t get any worse for stocks. What Happened: The Nasdaq 100 Index,...

While Tesla Inc. (NASDAQ: TSLA) bulls such as Wedbush’s Daniel Ives opine that Elon Musk overpaid for Twitter, economist Raoul Pal seems to think otherwise. What Happened: Musk has taken one of the largest data sources on Earth private, Pal said in a tweet, adding that the data could be...

Economist Raoul Pal on Friday took to Twitter to discuss the need for content moderation and the perils of relying solely on artificial intelligence, or AI. We need blockchain ID and content authentication urgently, Pal said. Incidentally, Elon Musk, suggested after taking over Twitter, Inc...

The stock market has thus far had a brutal year and October may not necessarily bring the relief traders are hoping for, economist Raoul Pal said over the weekend. What Happened: Pal said, “October is the month stock market crashes — It is also the month that kills bear...