🎬🌵 Are you feeling lucky, sloths? 🎰 With just 3 days left in the presale, it's time to saddle up and make your move. Are you gonna sit there, or are you gonna join the ride to the moon with Slothana? The choice is yours. Make it count. 🔥🦥 #Slothana#memecoins
🌅🌿 As the sun rises on the final day of the Slothana presale, the savannah stirs with anticipation. Behold, the dawn of a new era is upon us! 🦁🚀 Today, we bear witness to the rise of Slothana, destined to rule over the memecoin masses with wisdom and slothful grace.
Gather 'round, oh pride of crypto enthusiasts, as Slothana ascends to claim its rightful place as our crypto leader.
United in our anticipation, as we embark on this majestic journey together. For in the Circle of Sloth, anything is possible. 🌟💫 #Slothana #memecoins
Don't get excited about Mar. #PPI rising a slightly cooler than expected .2%. YoY the rise still moved up from 1.6% to 2.1% and YoY core rose 2.8%. The index is headed in the wrong direction and cost pressures are clearly building. Future monthly PPI gains will be much greater.
Ben "subprime is contained" Bernanke, has accused the BOE of getting its forecasts wrong and making a series of monetary policy mistakes. He should to know, as he did the same thing as #Fed Chairman. The difference was he had the advantage of the dollar's reserve currency status.
April Consumer Sentiment fell to 77.9, much weaker than the 79 analysts had expected. The was in part related to the increase in year-ahead #inflation expectations from 2.9% to 3.1%. This bad news for the #Fed looking to justify a rate cut and #Biden looking for a second term.
US PPI inflation came in better than the consensus forecasts with…
0.2% month-on-month increase in producer prices, versus the consensus forecast of 0.3%, and
2.1% annually versus 2.2%.
While on US data, weekly jobless claims came in at 211,000, lower than the consensus forecast.
#economy #inflation #econtwitter #jobs
The excuses are wrong. While it's true that #gold is rising as a "safe haven," it's not rising as a geopolitical safe haven, but as an #inflation safe haven. It's a rejection of fiat currencies and a harbinger of the end of the U.S. dollar's role as the world's reserve currency.
If #gold is this strong with the dollar moving up, what happens when the dollar starts moving down? We're about to find out. Gold's rise signals a loss of faith in the #Fed's ability to control #inflation and the Federal Government's ability to control the surging #NationalDebt.
Historically when #Gold makes new highs or even moves materially higher, it is because economic chaos is just ard the corner. Surely this time is different 🤡
Wishing you a heartfelt #EidMubarak
May the Almighty guide and bless you and your loved ones always. As we gather for the joyous occasion, spare a thought and pray for those facing turmoil and calamity the world over. Reach out to those in need.
Quick market update
The price moves in #gold and #oil reflect the greater concerns in #markets about Iran-Isreal tensions.
They have been accompanied by lower yields on government #bonds and a stronger #dollar.
#Bitcoins and #stock are down on the day.
#economy#investing
#Gold surrendered a near $60 rally to trade negative on the day. Once again traders taking profits has created another buying opportunity that likely won't last long. The record high of $2,340 set earlier today is not the top and will likely be broken next week. Buy the dip.
Many Australian tax evaders and money launderers may have stashed their dirty money in Morgan Stanley, as multiple U.S. regulators are investing the bank for inadequate AML and KYC procedures. @Ageinvestigates
and @CharlotteGriev1 could not identify a single Australian who used my bank for those purposes. Yet they lied and fabricated evidence in a fake investigation to deceive Australians into thinking that it was facilitating those crimes. All the while they failed to investigate banks that may actually have done what they fraudulently accused my bank of doing. They are a disgrace to journalism and an embarrassment to Australia.
Quite an appreciation in the dollar index so far in April.
The two sharp upward moves this week were causes by
The hotter-than-expected inflation data), and
The escalation of Iran-Israel tensions.
#economy#markets#inflation#econtwitter
Gold just jumped another $19 to a new record high above $2,390. Yet sentiment is still so low among #gold stock investors that we likely also set a new record for the smallest one- month gain in gold stocks relative to a one-month rise in gold prices. #Silver hit $28.88.
Slowly but surely ⬆️⬆️⬆️
It’s the Fed’s nightmare in slow motion.
And yeah, you haven’t seen anything yet. Inflation and commod bull markets don’t just disappear fm one day to the other. These are long cycles!
While #gold couldn't hold today's rally to a new record-high price of $2,430, it still finished the week with sold gains and held yesterday's low. All today's $90 sell off did was get next week's correction out of the way earlier, setting the stage for a sharp rally to new highs.