David Schassler

The uniparty in action

How I know I’m onto something. Almost every time I say Bitcoin is my top call for 2026, I’m immediately and very politely informed that I’m delusional. Markets don’t reward consensus. Happy holidays. See you in 2026. @matthew_sigel

Nothing stops this train.

Chipotle’s CEO says young adults are dining out less. The unemployment rate for 20–25-year-olds is 9.2% and rising. Inflation hurts. AI replaces. The next generation of white-collar workers is getting squeezed from both sides.

The AI hyperscalers haven't shown any indication they can generate revenues from the real economy (not each other) over time that is commensurate with the current capex boom. The question is how long will it take for markets to object to such low ROI spending.

How do I know the current monetary system is broken? The act of saving money actually leaves you worse off.

@allincapital We expressed it with gold and bitcoin, and still do. The gold vs. bitcoin debate is boring. Own both.

This aged well

@petershiff has done a great job on debt, spending and gold.

"I promise to not raise your taxes" and "I promise to not cut your benefits" are the two popular political promises that are inconsistent with the much more needed promise "I promise to cut the budget deficit to about 3 percent of GDP" that is required to prevent a big debt/dollar crisis. There is no way that the deficit/debt bomb problem can be sustainably dealt with unless there is a mix of tax revenue increases and spending decreases that are determined in a bipartisan way. Our representatives in Washington, DC, both Republicans and Democrats, know this is true. They understand the need to reduce the deficit by having those from both sides chip in a bit (e.g., a 4 percent increase in tax revenue and a 4 percent spending cut) which would lead to a supply/demand balance improvement for US debt which in turn would lower interest rates. Lower interest rates would help reduce the budget deficit as well as help the markets and the economy. But because politics have become so absolutist, they feel they can't go down this obviously best path because both their constituents and their parties will throw them out of office if they explored this more balanced approach. To me, that’s a tragedy.

SEC favoritism undermines innovation in the ETF market.

we're hitting 𝕏 levels that shouldn't even be possible

I’m sorry, but I just can’t stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it.

I said $4k gold. JPM said $4k gold. I’m at $5k in 2026. See you there.

@FrostByte123456 @matthew_sigel Bitcoin = volatile store of value. Gold = stable store of value. Different tools. Different timelines. BTC won’t save you in every correction—but it might reward you when the dust settles. #BTC #Markets

Nice piece & recent performance from @schassler 👏 vaneck.com/us/en/blogs/mo…

“I’ll demand that interest rates drop immediately,” Trump said. “And likewise, they should be dropping all over the world.” Is this the plan to tackle inflation… by fueling more inflation? #Economy #Inflation

100%!!!!

January 2025: Commodities are already matching 2024’s full-year performance. Inflation’s sticky, the energy landscape is shifting, and real assets are leading the charge. Watch this space. #Investing #Commodities vaneck.com/us/en/blogs/mo…

Doubted at $1, mocked at $100, dismissed at $1k, declared dead at $10k, and ‘too late’ at $30k.

Yup. So true…