Fed Chair Powell downplays 'stagflation' concerns https://t.co/8bXVuLn6QE via @YouTube
Biggest mistake of the Fed! Stagflation is the base case scenario and it is playing out. Inflation never reached the 2% target while the economy kept growing at a modest rate. Instead of the Fed to hike rates and kill demand completely, the Fed cut rates right before the presidential election. The Fed has never been an independent agency. #endthefed
Wheaton Precious Metals reports August 6.
Pan American Silver reports August 12.
Barrick reports August 11.
Here is why August earnings season could be more important than July's.
NEM and KGC report in July — the two largest traditional miners.
But in August you get:
Wheaton — the streaming company with a 77% net profit margin and $650/oz locked gold cost.
Barrick — with a North American IPO in progress and Grasberg copper ramp underway.
Pan American — with $1.8 billion in cash, 452 million oz silver reserves, and La Colorada still undeveloped.
Each of these companies is fundamentally different from NEM and KGC.
Different business models. Different leverage to metal prices. Different catalysts.
July gives you the traditional miner picture.
August gives you the complete sector picture.
$WPM $B $PAAS $GDX
BREAKING: House officially passes bill barring members of Congress & their families from purchasing individual stocks, with 13 Democrats joining all Republicans.
My friend makes $1.4 million/year as an Anthropic engineer.
I asked him how he learned prompting so well.
He sent me a video that was never supposed to get out. Their core team's prompting roundtable.
You won’t find anything better about prompting than this video.
I watched it last night.
Halfway through, I realized I've been using Claude the wrong way for two years.
Bookmark & watch this before someone takes it down.
Anthropic engineer:
"You can build 5 assistants in one afternoon. Each one handles a task you've been doing manually every single day."
In 45 minutes he shows exactly how to do it from scratch, step by step.
Most people are still doing all of this by hand.
Watch the session, then save the guide below.
The US Constitution was the most important political innovation ever, but it's missing two important things:
1) A cap on the growth of government spending
2) A requirement for hard-backed currency
Without them, every democracy drifts toward more debt and eventual loss of reserve currency status (see The Changing World Order). The US is $39T in debt, and adding $1T roughly every 100 days, with interest payments now exceeding the defense budget. There is no mechanism to stop it.
Politicians get elected by promising free stuff using other people's money. Some voters get a benefit today, while the negative impact of the spending goes to future generations who can't vote yet. The incentive structure is broken.
What fixes it? A new constitution somewhere on the frontier (Mars, special economic zones, cyberspace), an amendment that aligns incentives in the current system (politically challenging), or hyper economic growth (AI + robotics + crypto) to outpace inflation.
Anthropic will pay you $85,000 to learn AI, and this is the kind of opportunity you don't let pass
It's called Claude Corps. Anthropic just launched it, and it's a 12-month paid fellowship for people at the very start of their careers.
They train you to use Claude from scratch, then place you inside a nonprofit to do real work with it for a year. You get paid $85,000 plus benefits the whole time.
They're basically paying you to master the most in-demand skill on the planet right now, then handing you real-world experience using it.
The barrier to entry is almost nothing. Over 18, less than two years of full-time work experience. No degree, no AI background needed.
If that's you, don't sit on this one.
Apply here: https://t.co/qL6r4FFkZ3
Deadline: July 17
Bookmark this
Two Anthropic engineers spent 24 minutes showing off every Claude Code feature you didn't know existed — and it's completely free.
This is the stuff people are quietly using to do a full day's work before lunch.
Most people will scroll right past it.
The 1% won't.
🚨 BREAKING NEWS: AI CAN NOW BUILD TRADING ALGORITHMS LIKE GOLDMAN SACHS' ALGORITHMIC TRADING DESK (FOR FREE).
HERE ARE 10 INCREDIBLE CLAUDE PROMPTS THAT REPLACE $500K/YEAR QUANT STRATEGIES (SAVE FOR LATER)