They won't let the government destroy their wealth, so bet the way they are betting.
Inflation is coming. Inflation won't affect the rich, who can always borrow on assets which go up in "value" in terms of USD as the USD inflates, and then make debt payments with inflated dollars.
I'm not talking about normal inflation. I'm talking about inflation engineered to allow the US to make national debt payments with inflated dollars...a way of effectively defaulting without technically defaulting.