#Strategy加仓BTC $ARPA $ETH The Federal Reserve cannot be a puppet! Hedge fund manager David Picton recently issued a sharp judgment: once the White House successfully turns the Federal Reserve into a compliant tool, the entire market will hit back hard with real money to punish the United States.

Listen to his observation— the more active Trump is on social media, the more fierce the performance of gold and silver. This is not a coincidence but a market hedge against political risk. Last week, the White House intensified pressure on Fed Chair Powell, and gold and silver prices immediately surged, with expectations of "selling US assets" spreading.

Picton's logic is straightforward: if Trump forcibly pushes a obedient Fed Chair to power, the bond market will react swiftly, and this scenario last occurred in the 1970s. Although he believes the Fed's independence ultimately won't be compromised, the White House's frequent pressure itself is "extremely unfavorable."

From an investment perspective, he favors commodities, especially silver—demand is booming, but supply is severely lacking, leaving room for silver prices to rise. Meanwhile, smart money is shifting from tech stocks to traditional industries like automotive and consumer foods, but the risk is that if the bond market reverses, the stock market could be dragged down as well.

The core logic is simple: political bets lead to market payback. If the Fed bows, the cost to the US will be very heavy.