Hot take: Gold’s surge isn’t driven by inflation or dollar debasement. It stems from a global dollar shortage caused by high real interest rates. Tight credit and limited dollar liquidity are pushing investors toward no-counterparty assets like gold, but once liquidity improves, that move may reverse quickly.
Personally I have puts on gold and bought more btc this morning.
Yes m2 expansion is good for gold long term. But gold right now is in a bubble.
The "resist" signs are the new "Black Lives Matter" signs that dotted my lily white suburb a few years ago, along with the Ukraine flags on lawns of people who couldn't find the place on a globe given 3 tries! It's all theatre, nonsense.. I'm sure I'll bump into you at a "No Kings" rally this weekend..
It's just all so ridiculous! This is how they want to spend a beautiful fall afternoon?!? You could be at the golf course, or sitting in a cozy bar somewhere - ANYTHING!!
Continuing to DCA Link here?
Yes
Hot take: Gold’s surge isn’t driven by inflation or dollar debasement. It stems from a global dollar shortage caused by high real interest rates. Tight credit and limited dollar liquidity are pushing investors toward no-counterparty assets like gold, but once liquidity improves, that move may reverse quickly.
Personally I have puts on gold and bought more btc this morning.
Yes m2 expansion is good for gold long term. But gold right now is in a bubble.
FWIW.
2 hot takes:
1: Oil at 5 yrs lows? You'd never know that from the gas prices here in CA.
2: You have no idea the physical toll that three vasectomies have on a person.
Three?
IYKYK
Snip snap snip snap
The "resist" signs are the new "Black Lives Matter" signs that dotted my lily white suburb a few years ago, along with the Ukraine flags on lawns of people who couldn't find the place on a globe given 3 tries! It's all theatre, nonsense.. I'm sure I'll bump into you at a "No Kings" rally this weekend..
Great column, enjoy the fall weekend!
No kings rally is made up of 60-80 year olds and unhappy single women
It's just all so ridiculous! This is how they want to spend a beautiful fall afternoon?!? You could be at the golf course, or sitting in a cozy bar somewhere - ANYTHING!!