Chris Irons

QTR's Fringe Finance

Chris Irons writes QTR's Fringe Finance on Substack and hosts the Quoth the Raven podcast. He has followed markets for more than 20 years and is known for skeptical commentary on the Fed, gold, and overvalued equities.

Unrated

• 8 Predictions
• 0 Right
• 0 Wrong

Current predictions

• Nasdaq: Chris is bearish on the Nasdaq in the near term (Nov 2026). (updated 2026-11-04) Source: Not being hyperbolic. To be honest, I would be surprised if Nasdaq doesn't finish DEEP in the red today. Narratives abo…. Price at prediction: 25,366 points. -0.4% since this prediction.
• S&P 500: Chris is bearish on the S&P 500 over the medium term (Oct 2026–Jul 2027). (updated 2026-10-22) Source: Chris Irons | Circular AI Spending & What Could Prick The AI Capex Bubble. Price at prediction: 7,758 points. +1.8% since initial prediction.
• S&P 500: Chris is bearish on the S&P 500, with no stated time horizon. (updated 2026-07-23) Source: Chris Irons: Something Will Break, Sharp Deleveraging, The Fed Folds, & Gold Could Hit $7,500. Price at prediction: 7,423 points. -2.6% since this prediction.
• Gold Miners: Chris is bullish on gold miners, with no stated time horizon. (updated 2026-09-21) Source: AlphaNooner - Question Everything: QTR’s Chris Irons on AI, Markets and What Others Miss. Price at prediction: $94.11. -9.4% since this prediction.
• Gold: Chris is bullish on gold, with no stated time horizon. (updated 2026-09-21) Source: AlphaNooner - Question Everything: QTR’s Chris Irons on AI, Markets and What Others Miss. Price at prediction: $4,061. -1.7% since initial prediction.
• SpaceX: Chris is bearish on SpaceX, with no stated time horizon. (updated 2026-07-23) Source: Chris Irons: Something Will Break, Sharp Deleveraging, The Fed Folds, & Gold Could Hit $7,500. Price at prediction: $112.40. -24.3% since this prediction.

Prediction history

• Nasdaq: 2026-11-04 — Chris is bearish on the Nasdaq in the near term (Nov 2026). (source: Not being hyperbolic. To be honest, I would be surprised if Nasdaq doesn't finish DEEP in the red today. Narratives abo…) Price at prediction: 25,366 points.
• S&P 500: 2026-10-22 — Chris is bearish on the S&P 500 over the medium term (Oct 2026–Jul 2027). (source: Chris Irons | Circular AI Spending & What Could Prick The AI Capex Bubble) Price at prediction: 7,757 points.
• S&P 500: 2026-09-21 — Chris is bearish on the S&P 500 over the medium term (Sep 2026–Jul 2027). (source: AlphaNooner - Question Everything: QTR’s Chris Irons on AI, Markets and What Others Miss) Price at prediction: 7,758 points.
• Gold: 2026-09-21 — Chris is bullish on gold. (source: AlphaNooner - Question Everything: QTR’s Chris Irons on AI, Markets and What Others Miss) Price at prediction: $4,381.
• Gold Miners: 2026-09-21 — Chris is bullish on gold miners. (source: AlphaNooner - Question Everything: QTR’s Chris Irons on AI, Markets and What Others Miss) Price at prediction: $94.11.
• Gold: 2026-07-23 — Chris is bullish on gold. (source: Chris Irons: Something Will Break, Sharp Deleveraging, The Fed Folds, & Gold Could Hit $7,500) Price at prediction: $4,061.
• SpaceX: 2026-07-23 — Chris is bearish on SpaceX. (source: Chris Irons: Something Will Break, Sharp Deleveraging, The Fed Folds, & Gold Could Hit $7,500) Price at prediction: $112.40.
• S&P 500: 2026-07-23 — Chris is bearish on the S&P 500. (source: Chris Irons: Something Will Break, Sharp Deleveraging, The Fed Folds, & Gold Could Hit $7,500) Price at prediction: 7,423 points.