Wall Street refuses to put its money where its mouth is. Despite outlandish price targets for Bitcoin, big banks don’t even believe Bitcoin will rise 12% per year. If they did, $STRC would be trading near $100. Instead, it’s under $87, pricing in substantial dividend-cut risk.
@PeterSchiff@saylor But MSTR and STRC are both up 4.5% and 6%? Wouldn’t selling so much bitcoin undermine both the value of Bitcoin in the near term and their overall investment model of Strategy long term?
@pete_rizzo_ Yes soon these tokens on the blockchain will be backed by actual stock, commodities and so on. That’s the real value not the bitcoin satoshi itself. Yes the satoshi has some value for its space on the chain but it itself is not the value just a vessel for value to travel on.
The longer the Fed waits to hike interest rates, the more likely the next move is a cut. Not because inflation comes down, but despite inflation going up. If the Fed cuts, it will be to “stimulate” a weakening economy, prop up falling asset prices, or avert a financial crisis.
@jemelehill He’s implying that the reason she’s being treated so poorly in the WNBA is because she’s straight and white. Many players don’t like that about her and that type of player getting so much attention. So they attack her physically
Something big many people missed:
BRICS has reportedly prepared a draft framework for a gold-backed settlement token designed for cross-border transactions between central banks.
The proposed structure would be backed 40% by gold and 60% by the currencies of the bloc's core members.
This would not be a common currency.
It would be a settlement mechanism designed to facilitate trade and financial flows without relying on the U.S. dollar.
Everything that I have spent nearly 10 years discussing is bubbling to the surface.
Gold is at the centre of all the action.
Trump did not pick Warsh to hike rates. He is not going to hike rates three times this year. His words were to grow out of this debt problem. This system can’t handle higher rates to grow sufficiently it will need to cut.
If precious metals traders are right about how aggressive the Fed will get to crush inflation, the stock market should be crashing. If stock traders are right that the Fed is more bark than bite when it comes to rate hikes, gold prices should be soaring. They both can't be right.
The most overvalued market in 100 years.
Retail is still buying like nothing is wrong.
But this pattern has NEVER failed.
100 out of 100 years showed the same thing:
The S&P 500 is already following it.
→ Dot-com bubble
→ Housing bubble
→ AI bubble
And SpaceX is the final liquidity event before it all breaks.
Could one of the biggest gold announcements in decades be approaching?
@ASchectman says there is now a 50/50 chance that the Trump administration could unveil a gold-linked Treasury initiative around July 4th.
In this conversation with @MichelleMakori, Andy explains why he believes the pieces are falling into place:
- Gold-backed Treasuries
- The GENIUS Act
- Kevin Warsh’s Fed
- China’s gold accumulation
- mBridge and the emerging BRICS financial architecture
Watch the latest episode of The Real Story with Michelle Makori here:
https://t.co/uyIYDlMAJN
@pawelwargan Well china did it by becoming more capitalist than they were and we also have far more billionaires and millionaires per capita. Very silly point to try and make.