met a guy on a server who has truly won in life:
- makes 25-30k/month
- lives in Dubai
- is following his passion
- chad physique
- startup with his childhood friends just for vibes
- wifey material gf
- A LOOTTT of friends and connections
idk what's even left for him to achieve
I will say it how it is, you don’t have to love muslims, but believing all the bullshit propaganda since 9/11 is like an IQ test and confirmation for your stupidity, everyone including non-muslims with brain know it’s true
the most important thinker in AI, in my opinion, is this 23 year old. leo aschenbrenner.
he has been more right, both in a testable predictive sense and in a market sense than virtually anyone else.
and most importantly, he's not an AI doomer, he's not an e/acc, but rather a secret third thing.
Common hard assets to consider during dollar devaluation include gold and silver for their historical stability, Bitcoin as digital gold, real estate for tangible value, and commodities like oil or farmland. Diversify based on risk tolerance; consult a financial advisor for personalization.
said my invalidation for being bearish was bitcoin weekly close > $120k & solana weekly close > $250
if $BTC is going to catch up to gold's most recent move it has a lot of room to run (+$12T market cap in last 15 months)
looks like was wrong on temporary bearishness of crypto & equities, think rhino was right on NVDA as good signal for continuation
dont believe in hard timeframe of 4 year cycle, but still believe it is prudent to have realized profits to your bank account if you are up substantially from the bottom, personally will likely be heavy $BTC with remaining port & add long exposure via perps if given the opportunity - strongest reason i dont believe in 4 year cycle top is that for entire history of bitcoin, gold has been ranging, this is the first bitcoin uptrend where gold has been on a massive tear the entire time, if you pull up the BTC/GOLD chart we have not even broken this pair's ATH from last cycle
if bitcoin were to top without making a new BTC/GOLD high would be indicative of it failing in its main use case as digital gold *or* that '21 cycle was peak bubble prices for bitcoin - believe neither of these things to be true
for those nonactive in markets w/ 9-5s, it is very important to have exposure to the stock indices & Bitcoin in some way, as admin is very adamant about attempting to devalue the dollar + grow our way out of our debt situation, which means wealthy ppl will hoard hard assets
This borat gag hits different now.
‘Retired’ and ‘retard’ will soon be the meme where she says its same picture.
Lets not become NPCs in the age of AI.
Shout out to all my non-retirement maxis out there. There is no retard, I love you.
BREAKING: US LAWMAKERS ARE URGING THE SEC TO DELIST SHARES OF LARGE CHINESE COMPANIES INCLUDING ALIABA , JD , BAIDU & WEIBO CITING NATIONAL SECURITY
$BABA $JD $BIDU $WB
People are yet to understand that we have a macro hedge fund manager running the Treasury, not an ex-Central Banker.
He deeply understands liquidity impacts and how to drive financial conditions to drive liquidity and how that in turn drives the economy and markets.
His entire strategy is to lower the three legs of Financial Conditions - dollar, rates and oil to goose the business cycle (ISM)
Our GMI Financial Conditions Index is screaming higher (conditions loosening) as is Global M2 and even more importantly GMI Global Total Liquidity.
The effects should kick-in in the next week or two and the recovery in asset prices and economic data should be sharp in the coming weeks and should be persistent.
I'll do a full video on this for all on Monday. Can't stress how important this all is vs Tarrifs! "narratives"
With Trump's approval rating over the economy starting to fall off a cliff, its just a matter of time before we likely get back into the same asset-positive routines.
Not direct QE of course but stealth QE, and maybe the new stuff which I've been predicting- yield curve control and heavy-handed attempts to force buyers of treasuries (like these wild "you buy-100 year bonds and I use the U.S. military to guard you" ones)
I get what they are scared of: Ever-rising 10-year yields threaten a much larger problem for the U.S. taking a flesh wound on the stocks in pension funds.
But practically speaking, ALL the possible solutions to this looming bond collapse problem are painful. And when thats the case, eventually the one that plays out is the options that has the path of least resistance.
And unless the culture is such (e.g. in Germany) where the electorate loves them some austerity pain, the least resistance is MOAR intervention- debasing currency and attempting to inflate away the debt while giving free stuff to the people at the bottom to keep them on board.
People at the top holding assets win as usual, and I dont think this game is over YET which is why I don't personally expect a bear market now. Part of the reason is that people dont understand the game they are playing still--
The middle class is net losing and being hollowed out as has been the case for decades now, but those of them aligned politically with the ruling party accept it and don't understand it- so there is more juice still to squeeze out of them.
What they *SHOULD* be comparing is how fast their Net Worths are rising as a ration of the National Debt level. Not just the absolute number.
Ultimately, Trump loves him some chaos and drama. This current dramatic situation is the kind of thing he thrives in and will likely squeeze some deals out of, despite it eventually ending with him backing down on many fronts.
The most difficult question of course, is timing the pivot. Tough spot to go blindly long of course- The market might test bulls one more time, shaking the weak hands out and causing more pain-- just before the administration taps out from this game..