Wondering what Anthony Scaramucci prediction for 2022 is?
Anthony Scaramucci is someone you’d consider a Wall Street Icon, if ever there was anyone who could fit that description.
The founder and CEO Skybridge Capital, and former White House Communications Director for President Trump has been making the rounds talking about the economy and the capital markets.
He recently sat with Mike Ward of Money Morning, Tom Gentile, and Nick Black to talk about one investment he is eyeing and that he would recommend to his readers.
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Anthony Scaramucci Prediction
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Introduction
Anthony Scaramucci, affectionately called “The Mooch” is known to most people as a defender of Trump and a staunch conservative. What most people don’t know about Scaramucci is that he one of America’s most highly regarded investors with over $5.4 Billion under management.
In 2022, he has been talking about various investments that he thinks people should consider adding to their portfolios. You may have seen one of those videos on YouTube of him making predictions. For one, he has ruled out stocks and bonds and is now pro-crypto. This is significant because he wasn’t always a fan. He even thought investing in cryptocurrencies was a fad.
But he now claims that you should consider taking a small piece of your portfolio and put it in crypto. He tells his clients to invest 3% of their portfolio in crypto.
When he recently sat with Mike Ward to talk about crypto, he claimed to be making the biggest prediction of his 30-year career.
One of the investments he highlighted was one he claimed can spike to a price of $1 Million by 2026, $10 million by 2028, and $999 million by 2034. That’s about a 3 million percent gain from today’s prices.
He says that to arrive at those price projections he spent three years compiling with a team of Harvard-educated researchers.
To further justify his position, he points to a little known report published from Fidelity, one of the largest investment firms in the world with over 40 million clients. The report reveals how an asset pricing model called Metcalf’s Law closely predicts the rise in price and velocity of this investment with the use of data.
The Mooch claims that for the very first time, Fidelity itself will make this investment available to over 20 million Americans who have 401(k) accounts with their firm thus sending the price soaring.
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Who is Anthony Scaramucci?
Anthony Scaramucci is seen by some as an aggressive, brash, provocative, and even controversial character. He is not the typical investor we are accustomed to due to his deep ties to national politics.
However, he is at his core a key player of the traditional financial markets; and has been for over three decades. He’s was once even named one of the top 100 people in global finance by Worth magazine and been given the Ernst & Young’s entrepreneur of the year award.
Of his many roles on Wall Street, he’s best known for working as a vice president of Goldman Sachs’s private wealth management division. That was before he went out and founded SkyBridge Capital. Today, the hedge fund’s portfolio has over $5.7 billion of assets under management and is dedicated to helping everyday people.
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What is Anthony Scaramucci’s Prediction?
Like I mentioned, The Mooch was invited by Mike Ward to launch the American Institute for Crypto Investors where he will be a founding member of the Advisory Board. This body will provide services to its followers pertaining to investing in the cryptocurrency markets.
And from the discussion they had, it looks like he is going all in on cryptocurrencies. He claims to have invested to the tune of $1.5 billion, and he insists that he is not cashing out because the potential is too big.
According to his projections, he thinks that crypto investments could create 500,000 new millionaires the next five years. He says that legendary investor Bill Miller has over half of his billion dollar net worth in this investment, therefore, it must be worth looking into.
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Why he thinks Crypto will pull through
If you’ve been following recent events, you are aware that the cryptocurrency market has been on a bit of a slump.
However, like Ian King, Anthony Scaramucci holds on to the hope that the market is on a temporary recession and will be back up.
“If you want to embrace new technologies, there will be fear. There will be uncertainty. There will be doubt. But you know what else there will be? An opportunity for exponential growth – an opportunity to participate in the future of finance. It’s all about the user base. None of this can happen until the user base explodes, which is exactly what’s happening right now in crypto. When I made my first Bitcoin investment, there were 80 million users. Fourteen months later, there are over 240 million users.”
Therefore, Anthony Scaramucci predicts that cryptocurrencies will reach mass adoption at which point they will be undeniable.
Investing in Hypercoins
When it comes to investing in cryptocurrencies, the Mooch doesn’t just recommend any coin out there. He has identified assets he calls “Hypercoins” that he says have the potential to grow faster than Bitcoin or Ethereum.
He says that these Hypercoins are extremely valuable because they are going to be the infrastructure of global commerce for the next 100 years or more.
At the event, one of the guests describes three hypercoins that he is endorsing.
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Hypercoin 1
It is a crypto that can be used for transactions:
“This first coin is truly one of a kind. It was founded by one of the co-founders of Ethereum. He’s a brilliant mathematician, and he pulled together some of the greatest minds in math and computer science to help him build a powerful new cryptocurrency. It is flat out one of the most advanced projects ever created, and it’s solving a huge problem. It cuts out all of the bureaucratic
This cryptocurrency could be used for everything – it’s bank loans, job applications, medical records, college enrollment, on and on.”
HyperCoin 2
The second one is a next-generation cryptocurrency with a highly advanced technology and is likely to be used extensively by corporate audiences.
It is a translator that apparently knows every crypto language in existence and it is connecting different blockchains and allowing them to reach a scale never seen before.
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HyperCoin 3
The third one is a digital currency that he thinks is about to become the backbone for the entire financial system – stock exchanges, bonds, even currencies.
He claims that it can make stock transactions instantaneous, a process that typically takes too long to complete.
“So this particular coin has the power to get them [stock exchanges] all transacting with each other. Imagine connecting all of the stock exchanges in the world. The number of potential users just blows your mind. We’re talking billions…
…adoption is growing fast. According to my research, it just increased user growth by 35% in just two and a half months earlier this year. Plus, the supply is limited – just like Bitcoin.”
The full details of those investments and a few others can be provided to you if you sign up for the American Institute of Crypto Investors.
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Conclusion
For more than three decades, Scaramucci – affectionately known as “The Mooch” — has been a wildly successful investor. He has made millions for himself and his clients.
In his 2022 predictions, he expects the crypto market to keep growing. He is recommending crypto because he sees us reaching mass adoption even with calls for regulation on Capitol Hill. For example, PayPal made crypto readily accessible to 70 million Americans. Coinbase, Block, and Robinhood did the same.
Then there is the involvement of institutional investors; the major banks, hedge funds, pension funds – the huge investors are all investing in digital assets and, in fact, helped drive them up from mid-2020.
Ultimately, he is a big believer in cryptocurrencies and he wants people to invest in them. If you accept to follow his advice, do so at your own risk. It will be interesting to see how things pan out.
Before you leave
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David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.