Hard Assets Poised for Significant Rally Amid Economic Shifts

David Schassler, portfolio manager at global investment manager VanEck, has projected a substantial recovery for both Bitcoin and gold in the coming years, driven by a fundamental shift in investor preference toward hard assets. Schassler's analysis points to 2026 as a pivotal year, with gold potentially reaching the $5,000 per ounce milestone.

In a recent market outlook, Schassler emphasized that macroeconomic conditions are setting the stage for increased demand for non-correlated, scarce assets. "We expect gold and Bitcoin to rebound sharply as investor demand for hard assets is expected to rise," Schassler stated, highlighting the dual role these assets play as both inflation hedges and stores of value in an uncertain fiscal environment.

The Driving Forces Behind the Forecast

The prediction is underpinned by several key factors:

  • Monetary Policy & Inflation: Persistent concerns over currency debasement and prolonged inflationary pressures are pushing investors toward assets with limited supply.
  • Institutional Adoption: The continued integration of Bitcoin into traditional finance (TradFi) and the approval of spot Bitcoin ETFs have created a more robust investment pathway.
  • Geopolitical Uncertainty: Global tensions and diversification away from traditional reserve currencies are bolstering the case for both gold and digital gold.

Schassler's outlook suggests that Bitcoin, often volatile in the short term, will follow a broader upward trajectory aligned with gold's ascent, reinforcing the narrative of cryptocurrency as a legitimate component of a long-term wealth preservation strategy.