Money & Economics

bigredfish said:
:idk:
Click to expand...
www.whitehouse.gov

Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile

By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered:
www.whitehouse.gov

UK has 6.3 Billion seized:
protos.com

UK gov't could sell $6.3B seized bitcoin to help economy, report

The billion-dollar bitcoin stash could help the UK out of a $25 billion black hole — if the government decides to sell.
protos.com protos.com
 
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Things I'm thankful for
  • My Wife and kids
  • Waking up
  • Sig Sauer firearms
  • Shiny yellow rocks
  • Cash
  • 3 1/2% iBonds
  • 4-5% CDs
  • 4% Money Markets
  • 5.25% 5 yr Annuity's with $0 downside protection
  • My Broker who has the rest in an overnight Bond/Cash fund that makes about 5% and shows green even on days like this
  • Bourbon

market3-10.jpg
 
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I think you’re seeing:

  • concern over tariffs
  • the inevitability of real data coming out vs false data for the last 2-3 years
  • more people and big $ guys realizing that with debt payments consuming 30% of revenue and climbing, it’s getting time to worry
  • the world being generally on fire and the possibility of a black swan event happening are increasing
  • free shit being curtailed
 
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bigredfish said:
I think you’re seeing:

  • concern over tariffs
  • the inevitability of real data coming out vs false data for the last 2-3 years
  • more people and big $ guys realizing that with debt payments consuming 30% of revenue and climbing, it’s getting time to worry
  • the world being generally on fire and the possibility of a black swan event happening are increasing
  • free shit being curtailed
Click to expand...

Money is leaving the US and going to Japan and Europe ..
 
Maybe some chasing the pipe dream of Europe spending even 10% of what they're recently boasting they will for Defense.... :rofl: but even with the big down day and down trend over the past month, if you look under the sheets 9 of 11 sectors are still up YTD. Its really the tech sector volatility more than anything. Which was HUGELY overvalued, like more than DotCom 1999 overvalued. There is an AI bubble
 
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bigredfish said:
Maybe some chasing the pipe dream of Europe spending even 10% of what they're recently boasting they will for Defense.... :rofl: but even with the big down day and down trend over the past month, if you look under the sheets 9 of 11 sectors are still up YTD. Its really the tech sector volatility more than anything. Which was HUGELY overvalued, like more than DotCom 1999 overvalued. There is an AI bubble
Click to expand...

Yes, that certainly is a big part to this, money chasing the next up trend ..


1741661364799.png
 
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bigredfish said:
but even with the big down day and down trend over the past month, if you look under the sheets 9 of 11 sectors are still up YTD.
Click to expand...
I been noticing the coordinated Trump doom messages from multiple media outlets. Yesterday it was Trump starting WW III, today it was Trump crashing the economy. Did the doom articles cause the downturn today? They were out long before the markets closed. Once you get the herd moving in one direction it can be hard to stop.
 
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Or it could be there are fundamental changes occurring in the markets and it’s beginning to show itself.

A downturn has been predicted for the past 2+ years as real numbers were exposed. We’ve been fed fake numbers from Treasury to BLS since at least 2022. The Covid scam opened a big wound, bigger than most understand and there’s been an effort to hide it and create a “soft” landing.
But in fact many would rather keep the facade going because:
1- it’s very profitable for a select few
2- the unraveling is thought to be too scary to consider

What if it unravels faster than they were able to stop?

Here’s a great thread by Ed Dowd who I follow and think is brilliant. The further you read down the thread the scarier it becomes.

 
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How's your 401K?

In past 30 days

Dow down 10%
S&P down 10%
NASDAQ down 15%

markets0313-down10percentfor30days.jpg
 
bigredfish said:
Or it could be there are fundamental changes occurring in the markets and it’s beginning to show itself.

A downturn has been predicted for the past 2+ years as real numbers were exposed. We’ve been fed fake numbers from Treasury to BLS since at least 2022. The Covid scam opened a big wound, bigger than most understand and there’s been an effort to hide it and create a “soft” landing.
But in fact many would rather keep the facade going because:
1- it’s very profitable for a select few
2- the unraveling is thought to be too scary to consider

What if it unravels faster than they were able to stop?

Here’s a great thread by Ed Dowd who I follow and think is brilliant. The further you read down the thread the scarier it becomes.

Click to expand...


What if the Chinese (*) took their money out of the US market after EO America First Investment Policy on Feb 21, 2025 ?

1741895719478.png

www.whitehouse.gov

America First Investment Policy

MEMORANDUM FOR THE SECRETARY OF THE TREASURY THE SECRETARY OF STATE THE SECRETARY OF DEFENSE THE ATTORNEY GENERAL THE
www.whitehouse.gov

(*) - and others ..
 
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Somthin going on with Gold...

Is it a short squeeze on physical?
Will it shoot up and then crash 30%?
Revaluation?

Gold is the canary in the coal mine. There are no sellers only buyers.
Can big bullion banks deliver? Is there liquidity? Or is there way more paper gold than physical?
Why are big Central Banks like the US buying huge for the past 3+ months?

Is war coming?
Are we crashing the dollar (on purpose)?

I dunno, but somethin's up, and gold is usually thought of as hedge against inflation and an asset for bad times

Gold Futures Top $3,000 For First Time Ever​

Gold Futures Top $3,000 For First Time Ever | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com www.zerohedge.com
 
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I look at the spot price, which to me is actual, vs. guesses with the future price. Spot is still under $3,000. My prediction, which you are free to follow knowing my history of buy high, sell low, is that the spot price will dance around $3,000 for a while yet, then might maybe have a clean upward break.
 
In normal times I would agree, and I would also in normal times say it’s due for a hefty pullback.
 
I think spot breeched $3000 today

IMG_8587.jpeg
 
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