Geopolitics Alpha

People are turning to a trustless asset, Phair says

Published . Updated .

Scottsdale Mint CEO Josh Phair says distrust in governments and global trade is pushing investors toward gold.

Directly affected

  • PPLI People

    Named in this report.

Indirectly affected

  • IYLD ISHARES MORNINGSTAR MULTI-ASSET INCOME ETF

    GA selected IYLD as a RELATED security because its canonical security name directly matches this event's themes: asset. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • RAA SMI 3FOURTEEN REAL ASSET ALLOCATION ETF

    GA selected RAA as a RELATED security because its canonical security name directly matches this event's themes: asset. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
PPLI———————
IYLD———————
RAA———————

Scottsdale Mint CEO Josh Phair says distrust in governments and global trade is pushing investors toward gold.

Source: Mining.com

Ishares Morningstar Multi-Asset Income Etf (IYLD) since “People are turning to a trustless asset, Phair says,” compared with the market

Since the first closing price after “People are turning to a trustless asset, Phair says,” Ishares Morningstar Multi-Asset Income Etf (IYLD) is -0.76%. The S&P 500 fund (SPY) is +0.15% over the same days, a -0.90% difference versus the market.

IYLD
SPY

Who gains and who loses around Ishares Morningstar Multi-Asset Income Etf (IYLD)

Companies carried with this story

  • IYLD Ishares Morningstar Multi-Asset Income Etf

    Ishares Morningstar Multi-Asset Income Etf (IYLD) is linked, with no stored direction, medium confidence in the 27 Sep 2026 story “People are turning to a trustless asset, Phair says.” Reason on file: GA selected IYLD as a RELATED security because its canonical security name directly matches this event's themes: asset. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • RAA Smi 3Fourteen Real Asset Allocation Etf

    For “People are turning to a trustless asset, Phair says,” Smi 3Fourteen Real Asset Allocation Etf (RAA) is linked, with no stored direction, medium confidence. Reason on file: GA selected RAA as a RELATED security because its canonical security name directly matches this event's themes: asset. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

How “People are turning to a trustless asset, Phair says” reaches Ishares Morningstar Multi-Asset Income Etf (IYLD)

“People are turning to a trustless asset, Phair says” (27 Sep 2026) reaches Ishares Morningstar Multi-Asset Income Etf (IYLD) through this story.

Ishares Morningstar Multi-Asset Income Etf (IYLD) is on the page because GA selected IYLD as a RELATED security because its canonical security name directly matches this event's themes: asset. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Smi 3Fourteen Real Asset Allocation Etf (RAA) is here too. Its reason reads: GA selected RAA as a RELATED security because its canonical security name directly matches this event's themes: asset. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates in the story, and the Ishares Morningstar Multi-Asset Income Etf (IYLD) price range

IYLD traded between 21.55 and 22.08 across 13 sessions. The latest close on file is 21.64. RAA traded between 29.89 and 30.47 across 20 sessions. The latest close on file is 30.16.

How strong the case is around Ishares Morningstar Multi-Asset Income Etf (IYLD)

21 out of 100

“People are turning to a trustless asset, Phair says” scores 21 out of 100. The score uses 1 sources, and 2 linked companies.