🥒baller
3.7K posts

🥒baller
@espnyc69
ice tea lover, beach cruiser rider, pickle ball fanatic, obsessed with Web3




THIS IS ABSOLUTELY INSANE! 🚨 Either this is a glitch, OR someone is MASSIVELY dumping US Treasury bills. And if that's true, it's a major player... We're talking country-level.







It's official: Brent crude oil prices just broke above $120/barrel for the first time since June 2022. Asia is facing its worst even crisis in history and Europe has just weeks worth of jet fuel left. The US is exporting record amounts of oil as a result. Inflation is back.






The first GLDY yield distribution has been paid out. Gold on lease is currently earning 3.5% APY, paid monthly in additional gold. This is what productive gold looks like. app.streamex.com




Food inflation is set to accelerate in the US: Average inflation for food and beverage companies surged +7.9% YoY in March, the biggest jump in at least 12 months. This is up +373 basis points from +4.2% in February. The largest jump was recorded in tomatoes at +102% YoY, vegetables at +90%, and diesel at +88%. This was largely driven by higher fuel costs, meaning the full impact of rising fertilizer and plastics prices has not yet been reflected. Meanwhile, urea prices, the world's most widely used nitrogen fertilizer, have doubled since February, to ~$900 per metric ton, the highest since the 2022. Fertilizer costs are rapidly rising for farmers and will eventually translate into higher wholesale food prices before landing on grocery store shelves. Food inflation is set to accelerate.



🎥 Brett Redfern says it’s not a question of if assets move on-chain, but when. U.S. equity market sits around $70T. Tokenized assets are ~$30B and growing.
