Henrik Zeberg Predictions
Head Macro Economist at SwissBlock
Track Henrik Zeberg's public market predictions and forecast accuracy. Each prediction is recorded from the date it was published to its estimated deadline, then graded correct or wrong based on the outcome.
- Rankings only reflect predictions tracked on this site and do not represent a predictor's full record.
- Grading involves judgment and may not always be clear-cut.
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[10:51] From the from the good end I would say that you know, bonds you know, treasuries and so on looks very mispriced, but that's because they're too cheap at this point here.
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[30:47] I I think we could see 37, 39,000 on the Nasdaq and uh and in in in a very very fast manner. I think as I said before, the market resembles uh a lot what we saw back in 2000 here.
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[25:46] I think we're very close to a potential top in the uh at least in copper, I would say. And uh and when that start to come down it's going to be a completely different picture.
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[2:57] the labor market is in almost a free fall. That is not what we saw with the non-farm payrolls on on Friday. I know that but but if you look a little deeper then it's it's quite clear that something's going on.
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[3:17] even though oil is spiking and we have this this calculation that tells us that will mean inflation will go up. We have to understand that somebody needs to carry that inflation on... I would be more worried about the opposite, which is that when the inflationary impulse goes through the system, what does that create down the road?
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[0:00] the stock market's going to find a top within the next quarter. Uh and that's not not going to be just an ordinary market top. It's not just going to be like this is going to be a big one.
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[2:35] you're going to see that bonds are going to rip. You're going to see also that the stock market is going to find a top within the next quarter
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[19:00] I don't see any reason why it would be a for for the NASDAQ any less than what we saw in the com days... I think you're going to see something in the NASDAQ similar to the to what we saw in um in 200 uh and one 2000 to 2001 because it's um there is really no reason why we would see anything less than this and the and yeah also technical analysis suggests that that's kind of the magnitude that we should see.
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[20:57] I think the uh situation is not just 2000... I think 2000 uh the tech bubble burst will be the appetizer for what we what we're going to see... I think the opening of what we saw in 2000 was a straight move down. I think it was four weeks and the stock market was down. NASDAQ was down 30% or something. Maybe be mistaken, but I think it was something like that. And I think this this could repeat
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[24:45] I think it's going to be bad. I think you're going to see something in the NASDAQ similar to the to what we saw in um in 200 uh and one 2000 to 2001... I think it can last for you know 3 years or something like that. It's you can easily see it like that.
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[37:45] It actually looks like we could see a price of a around you know 25,000 easily $30,000 per per ounce when we are at the bottom of this crisis
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[37:28] the gold is going to outperform over the next many uh not say decades but many years at least
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[2:42] we don't we're not at the point where again the stock market is topping right here and now. That's not what I see... I I I think it's going to happen. I mean, it's um there's no indication that the market has stopped at this point.
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[29:13] we can see the Russell 2000 the small cap index has actually not has been outperforming the S&P 500 over the last uh two months I think and it's starting to show that you can see some of these um these uh small cap stocks and whatever starting to perform better and that rotation will go on.
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The Russell 2000 fell -6.3% while the S&P 500 gained +2.4% over the prediction window, meaning small caps significantly underperformed large caps, directly contradicting the prediction that small caps would continue to outperform.
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[29:31] I think there's a good chance we've seen a stock market top in Microsoft for instance and u other stocks as well for in also like that. But you're going to see that they will bounce somewhat into that before they then will continue their bare market decline which I think they're in.
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[30:10] At some point people will realize that inflation is not here. There's no inflation... So there is actually a disinflationary impulse from this... there's no inflation coming. This is completely wrong. Completely wrong.
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[44:56] his boldest calls for a year from now — including a bursting AI bubble and Bitcoin below $20,000.
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[43:43] Dollar forecast: DXY to 93–94 short term, then a run toward 120+
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[44:56] his boldest calls for a year from now — including a bursting AI bubble and Bitcoin below $20,000.
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[9:16] my target would be at least 33 to 34,000 on the NASDAQ. Uh and I would have to you know re you know calibrate because we have seen these moves also on the Cosby and elsewhere where it's just been going you know vertical.
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The prediction claimed NASDAQ would reach 33,000-34,000, but the period high was only $27,288.79, far below the 33,000-34,000 target (which would require a ~24-28% gain from the prediction date price of $26,517.93).
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[0:19] the top will be in Q3 of this year. And uh that's being as bold as I can right now.
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The S&P 500 peaked around August 4, 2026 at ~7,737 (a record high), then declined through September — closing at ~7,671 on Sept. 29 — suggesting a Q3 2026 market top occurred, consistent with the prediction. (https://www.cnn.com/2026/08/04/investing/us-stock-market)
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[31:01] 100,000, yeah, 100,000 I see definitely and I think it could go to either 100 orund up to 120,000. But that I think was going to be the top in that range.
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The prediction claimed Bitcoin would reach $100,000-$120,000 as a cycle top, but the period high was only $87,363.76 on 2026-09-21, falling well short of the $100,000 minimum target.
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[28:31] you're going to see Ethereum and others doing very well in a very short amount of time into what will be then a combined top for the stocks and uh and in crypto.
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ETH surged from $1709.53 to a period high of $2805.50 (a ~64% gain) within the prediction window, which clearly qualifies as a strong surge in a short timeframe, satisfying the bullish prediction; the prediction also mentions a combined top with stocks which is harder to verify but the core bullish ETH claim is clearly correct.
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[28:57] silver and gold have had their time in the sun for now... but not new alltime highs here. This is this was gone. This was the that was that time they they had their time with the sun and now you're going to see that coming to the equities and then you're going to see it coming into crypto
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The prediction claimed gold would not make new all-time highs, but the ATH reference is $5586.2 (2026-01-29), and the period high was $4755.0 on 2026-08-25, which did not exceed the ATH — so on that specific claim the prediction appears correct. However, gold rose significantly from $4245.9 to a period high of $4755.0 (+12%), contradicting the bearish 'run is over' sentiment, though the price ended slightly down at $4213.0 by the target date. The core literal claim — no new all-time highs — was technically correct since $4755 < $5586.2.
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[28:57] silver and gold have had their time in the sun for now... not a new alltime high at this point. um that you'll see another bounce, but then I think the that will be due to the I expect the dollar to weaken a little somewhat here actually down to 94 maybe a little lower than that on the Dixie and and if you see that then that will be good for gold and silver but not new alltime highs here.
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The prediction claimed silver would see another bounce but not reach new all-time highs. The period high was $71.16 (on trading day 49), which is a bounce from the prediction date price of $66.25, and this is well below the all-time high of $121.30 set on 2026-01-29. Both specific claims were satisfied: there was a bounce (price rose to $71.16) and no new all-time high was reached.
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[29:44] I expect the dollar to weaken a little somewhat here actually down to 94 maybe a little lower than that on the Dixie
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The prediction claimed DXY would weaken to around 94 or lower, but the period low was only $98.56 (on trading day 43), far above the claimed target of 94, meaning the prediction clearly missed its specific price target.
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[0:27] we could see a huge deflationary factor from the fact that the stock market could implode, which I think it will
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[21:09] I think he's absolutely right when he says that uh Bet and Powell is way way way too late. And I actually think that the regime that he has been carrying along with him, Pal, is going to be changed.
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[18:15] I think you're going to see at least a 30% decline uh 30% rally in the NASDAQ before we see that top. Way above 30,000 or way, but above 30,000 on the NASDAQ.
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[53:59] Gold and silver: why he expects a major decline from here
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[53:59] Gold and silver: why he expects a major decline from here
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