Michael Trotta

@silver207141 in the 50's

Where do you think silver will bottom?

@ItsLulu_7 Capitalism is the only non-rigged system.

Capitalism is a rigged system

🚨 WOW! WH anti-fraud task force cochair Andrew Ferguson just broke it down PERFECTLY on fraud: "Our whole society was designed for a high trust people." Then we imported the 3rd world. "The American people rightly expects that their fellow citizens will deal with them and with the government, honestly and fairly." "That's why for up until the last decade or so shelves in our grocery stores and our pharmacies were open and readily accessible. We weren't accustomed to seeing security guards outside of banks or jewelry stores." "We didn't have to worry about organized retail theft or industrial scale scammers or the type you all protect your citizens from every day. Nor did we have to worry about fraudsters raiding our benefits program. But sadly, that is no longer true." "It's become clear that huge groups of people in this country are taking advantage of our longstanding culture of trust to enrich themselves at the expense of the American people. I think a brief example would be illustrative. Just this weekend, I was shopping at a big home improvement store to buy a drill to do some home improvement." "And I had a call button and wait 15 minutes for a sales associate to come unlock a steel cage and a steel padlock to get access to a drill. It's why deodorant is now locked behind plastic windows at pharmacies. It's why security guards are seen at every store in America." "The social trust is evaporated and people are taking advantage of it and the same is true with our federal benefits programs." "Huge segments of the population have decided to take advantage of this generosity and trust of American citizens through deception and fraud and billions and billions of dollars each year." "Leave our programs into the hands of pirates, fraudsters, scammers and gangs who treat American generosity as little more than a get quick rich scheme." "We shouldn't have to live this way."

Let me trace the timeline here because nobody's connecting it. Step 1: Scrape the entire internet. Every book, every article, every conversation, every piece of art, every forum post. Do it without asking. Do it without paying. Step 2: Train a model on all of it. Call it "artificial intelligence." Step 3: Go to BlackRock's Infrastructure Summit and announce: "We see a future where intelligence is a utility, like electricity or water, and people buy it from us on a meter." Step 3 is where you sell people's own knowledge back to them. On a meter. They took the collective output of human thought, compressed it into a model, and now they want to charge you by the token to access a version of what you and everyone you know already created. One Reddit user put it perfectly: "They stole all this data from us, the people, our life's work, creativity, art, by devouring the internet and blowing through all copyright laws. Now they want to sell it back to us in the form of a utility." Imagine if someone photocopied every book in the public library, burned the library down, and then opened a subscription service for the copies. That's the metered intelligence business model. And they're pitching it to infrastructure investors as though they invented water.

@Speculator_io Unless the earnings are created by circular financing.

This is not a bubble!

@TheAliceSmith Power is what they want because they believe they know better than everyone else.

Leftism was always a pseudo radical movement. They don’t want to smash the system and eat the rich. They want to control the system and become the rich.

@elonmusk And you are contributing to reducing global warming by blocking the sun... LOL.

This trend will continue for many years

Yeah, except Trump gets it done. As he says. It’s his detractors and TDS inflicted opposition that doesn’t understand this. Trying to make analogies to history’s failures is silly. Why not bring up Obama’s waste of a presidency for a comparison. Obama was everyone’s dream candidate that got nothing accomplished. Trump is half the nations nightmare candidate that actually is saving them.

During the South Sea financial frenzy of 1720, a mysterious promoter famously advertised a highly lucrative investment opportunity but kept the underlying business a secret, promising an "undertaking of great advantage, but nobody to know what it is." I used to think that’s basically describing a SPAC. Vibes.

@hashjenni Obviously you have no understanding of physics.

Can’t wrap my head around why AI data centers need fresh water. Not recycled, not wastewater. Fresh, drinkable water, burned through by the millions of gallons just to keep servers cool. Why are we using a basic human necessity to prop up machines?

@ai_sentience He would also have to be an engineer and hardware manufacturer.

If God exists and we live in a simulation does that mean God is a programmer?

@StealthQE4 @BeatTheBotz Higher inflation, lower short term rates.

@BeatTheBotz Lower inflation thus lower rates

So let’s talk finance if the deal holds: Rates drop Dollar drops Gold catches a bid. Dividend stocks rally Emerging markets up. Commodities should do well. Oil gets REKT. This is just off the top of my head.

@MerlijnTrader Insane for gold. Inflation is not so good for equities and bonds.

THE FED IS ABOUT TO CUT WHILE THE ECONOMY BOOMS. 🇺🇸 New Fed Chair Kevin Warsh: AI is "structurally disinflationary." Per his WSJ op-ed. Same pattern. Different decade. 1995: Greenspan saw the productivity boom. Let the economy run hot. Cut rates anyway. Result: 7 years of risk-on. Nasdaq up 1,132%. Musk, Altman, Bezos, Druckenmiller all agree: AI is deflationary. Warsh just took the chair. June 16: his first FOMC. The next few years are going to be insane.

Atmospheric CO₂ increased from roughly 400–900 ppm (late Permian background) to peaks of ~2,500 ppm or higher (some estimates reach 2,500–10,000 ppm in extreme scenarios). nature.com • This represents a ~4x to 6x increase (or more) over a geologically short period, with total carbon releases estimated at 3,900–26,000+ gigatonnes of carbon (GtC) added to the ocean-atmosphere system. science.org • It was driven primarily by massive volcanic activity from the Siberian Traps (flood basalts), which released CO₂ directly and triggered thermogenic releases (e.g., from heated organic-rich sediments). en.wikipedia.org

Yes, and do you suppose it's possible to release 2.5 trillion metric tons of CO2 artificially into the atmosphere without having a price to pay? It's not outright temperature rise that's our problem. It's the rate of change. Earth has been much warmer than now, but as I said the rate of change is the issue.

I evaluate the validity of ALL knowledge claims from a position of disinterested objectivity. Absolutely nothing to do with whether I am "happy" with them. Do you know what disinterested objectivity is?

@PhysInHistory Many worlds theorem.

In your opinion, what is the most terrible theory in science? ✍️

@MrTeeconnect @thinkingwest Progress doesn’t even spin the wheel faster. We are still bound by nature’s clock; days, months, years, solar cycles, geologic cycles, our life span cycles, generational cycles, economic cycles, social cycles etc etc.

@mt3209 @thinkingwest Progress doesn't break the wheel; it just spins it faster. We mistake better tools for better nature, using linear tech to fuel cyclical human flaws. Modernity hasn't beaten history—it just raised the stakes, magnifying both our peaks and our deepest craters.

Nothing will shape your worldview as much as simply reading how humans from the past thought. You realize very quickly that our time is a radical anomaly in human history.

@MrTeeconnect @thinkingwest There is progress but also the cycle. Humans always make the mistake of thinking that modernity has eliminated the cycle. It hasn’t. Progress just distorts the amplitude sometimes for the better, sometimes for the worse.

@thinkingwest Reading ancient history is great for the ego. You read a 2,000-year-old philosopher venting about his lazy coworkers and noisy neighbors, and you realize human progress is a myth. We didn't solve our problems; we just gave them high-speed internet.

@biancoresearch 100% of democratic men think they can but only 5% can. And half of them are women.

This might be the best poll question ever asked. And the results are even better!

When boys’ feelings matter more than girls’ rights. Choose Podi-him!

@TaviCosta And most of them have NO DEBT!

Mining companies today are generating the largest profit margins of any sector in the global economy by far. Much of the market remains asleep and still analyzes mining through an outdated framework from decades ago. To be clear: Miners today are producing profit margins nearly double those of tech companies. At current metal prices, this environment is absolute nirvana for well-run mining businesses. tavicosta.substack.com/p/mining-more-…

@judyshel GS would be nothing if mainstreet wasn't forced to always bail them out.

Is anyone else reading Lloyd Blankfein’s book newly published titled “Streetwise: Getting To and Through Goldman Sachs”…? He was a gold trader in his early days as a Harvard Law School graduate who decided to go the entrepreneurial route. He reveals fascinating details of the global gold trading business working with foreign central banks. He even carried around his own kilo bar of gold and relates its “mesmerizing” effect on sophisticated market players. Blankfein is humble about his skills while confident in his drive and ability to assess broader horizons in strategic terms. I’m starting to like this guy @lloydblankfein.