JJ

If its made from metal. Im probably gonna like it.

[JJ @7jjrh7]

@MarioNawfal They Have a 1 metric tonne gold coin on display in the Perth mint. Dwarfing this.

[JJ @7jjrh7]

The 2x of the price in the last year is most certainly causing this softness. Completely pricing out half of their customer base. Look at the Gold Bell $250 series. They cant sell 2026 units at 19,500 a pc.

Assuming Proof Modern Gold will carry a premium into the future when all the past 38 of the last 40 years of Buffalos do not, is a reach. Of course they have produced winners. But so much Commemorative and Proof Gold has flopped. Its a crap shoot hoping the demand is there when you go to sell.

[JJ @7jjrh7]

@TheSilverRam As an owner of a coin & bullion business I understand the scarcity of a proper place for individuals to do business in gold and silver. While some consider us a dying relic.... our necessity grows ever clearer. Im proud to serve my community with free testing of metals.

[Lee Roach @leevalueroach]

My wife left me today. She said it was because I “never stop talking.” I said the yen carry trade is a $20 trillion leveraged bet that the Bank of Japan will never normalize rates and she said “I’m taking the dog.”

Let me explain to you what I was trying to explain to her.

For thirty years Japan ran rates at zero. Zero. Free money. So the entire planet borrowed yen for nothing and bought literally anything with yield. Treasuries, Mexican peso bonds, Nasdaq, your uncle’s crypto. That’s the carry trade. It’s not a strategy. It’s a short volatility position wearing a business casual outfit.

Then in August 2024 the BOJ raised rates 15 basis points. FIFTEEN. And the yen ripped, the Nikkei fell 12% in a day, and the VIX printed 65. That was the tremor. That was the trailer.

She said “you said this last year.” I said YES AND I WAS RIGHT, THE MARKET JUST FORGOT, and she started packing.

Japan’s debt-to-GDP is roughly 250%. The BOJ owns over half the JGB market. They are the market. There’s no price discovery, there’s a guy in Tokyo with a printer and a dream. Every basis point higher on the long end costs them real money on debt they can never actually repay in real terms. So what do you do when you can’t default and you can’t pay? You inflate. You always inflate. It’s the only tool that doesn’t require anyone to vote.

She said “our marriage counselor thinks you have anxiety.” I said your marriage counselor doesn’t know what the 30-year JGB is doing and she said “NOBODY KNOWS WHAT THE 30-YEAR JGB IS DOING, THAT’S THE POINT, PAUL.”

My name isn’t Paul. That’s how far gone we are.

Anyway I’ve got canned goods, a Kagoshima yield curve chart laminated above the bed, and nobody left to explain it to. So it’s you now. Buckle up.

[Jessica Rojas 🇺🇸💪 @VoicesUnheard]

9 Officers just got arrested/fired for abusing Flock surveillance to stalk people...again! This makes it 21 cases of abuse so far that we're aware of.

This is exactly why mass surveillance is dangerous.

It’s not just “a few bad apples.” One person with access and a grudge can turn your every move into their personal playground - exes, coworkers, neighbors, whoever.

Your 4th Amendment rights are being shredded while you’re just trying to live your life.

Nobody consented to being tracked 24/7 just for existing.

And when the machines get it wrong? False positives can destroy lives! The FBI will be at your door at 4AM, guns drawn screaming at you to 'get on your knees!'

Real police work doesn’t need this. 🕵���‍♂️

[Chamath Palihapitiya @chamath]

https://t.co/baZ2XV4BHI

[໊ @0b00emma]

mexico genuinely has one of the best stadiums at this world cup, but they’re not getting the hype they deserve. that view is absolutely insane man.🇲🇽

[Charlie Bilello @charliebilello]

10 years ago: 30-yr mortgage rate was 3.5% & average new home price in the US was $350k

Today: 30-yr mortgage rate is 6.5% & average new home price is $540k

Result: $38k increase in down payment (assuming 20% down) and 117% increase in monthly payment (from $1,257 to $2,731)

[Miami Marlins @Marlins]

Xavier Edwards ties this game 😤

[John Solomon @jsolomonReports]

Breaking: FBI arrests former CIA official over $40 million worth of gold bars stashed at Virginia home https://t.co/yjiqJpKYaJ

[JJ @7jjrh7]

@Sorenthek MD and WA have added state sales tax to these products in 2025. Virginia is in danger of removing the exemption this year.

[JJ @7jjrh7]

@pmc8387 @PineWoodsRunner @SuspectFed

[*Walter Bloomberg @DeItaone]

CITI SAYS ITS BASE CASE 0-3 MONTH TARGET IS NOW $5,000/OZ FOR GOLD, AND $100/OZ FOR SILVER

CITI SAYS SILVER TO CONTINUE TO OUTPERFORM GOLD

[Philip Johnston @PhilipJohnston]

“The most important thing that’s going to happen in the world in the next 3-4 year is data centers in space” - @GavinSBaker

We have the first Nvidia H100 operating in space at @starcloud_ 🚀

[Jonny Lazarus @JLazzy23]

Can't lie, pretty awesome bench reaction for a game in November.

This is a pretty perfect start for the season for #Isles fans.

Team is competitive and Schaefer is a star, what more could you ask for?

[R. Patrick Kent (RPK) @Hedgeye_HELS]

By 2035, Deloitte estimates that power demand from AI data centers in the US will need 123 GW of power. For reference, that is the equivalent of about 110 new nuclear reactors. (using Vogtle 3 & 4 as reference.)

[Capital Misallocation @BenBrey]

There can only be one King - GOLD.

Today should serve as a reminder to everyone that even after going parabolic The King sits alone.

It's overbought, its chart looks insane, and even I am questioning it publicly. But what happens on a day like today where assets delverage and fake "Digital Gold" gets completely housed?

The King maintains...

[Rudy Havenstein, Senior Markets Commentator. @RudyHavenstein]

Whenever CNBC talks about gold...

[Luke Gromen @LukeGromen]

Belated "Nixon closing the gold window anniversary" post:

SPX priced in gold (blue) v. SPX priced in USD (red) since August 1971 when Nixon closed the gold window.