David Pavón Prado

[David Pavón Prado @DvdPvn]

@MetabolicUncle Could you share what you are eating?

[David Pavón Prado @DvdPvn]

@PeytonElroy That is my case. I even think that part of the cause could be that the brain has a higher nutritional demand that create micro deficienciencies in the mid/long term. That is why these kind of people, me included, normally develop allergies early in life (MCAS)

[David Pavón Prado @DvdPvn]

@Helios_Movement Gut

[David Pavón Prado @DvdPvn]

@yasejcol @BioavailableNd Candida overgrowth probably

[Raoul Pal @RaoulGMI]

MOAR COWBELL AS ANOTHER ONE BITES THE DUST...

Well, it looks like $FRC will bite the dust this weekend, either ending up in the hands of the FDIC or a major bank (with FDIC/Fed support).

In an over leveraged world, where GDP isn't growing fast enough to pay the interest on the government + private sector debt, the government interest payments get shunted onto the Fed balance sheet and magically never need to get paid back.

MOAR COWBELL!

The monetization of interest payments is observable across the US, EU, UK, Japan and more. That is the bulk of the growth of the central bank balance sheets.

But from time to time something blows up (all banks in 2008, EU banks and Gov's in 2012, everything in 2020 and more banks in 2023).

Normally these events would allow for full equity and. debt wipeouts but due to the excessive financial linkages and daisy chains of collateral, these losses are now mutualized via QE.

Essentially, society takes the loss in terms of the debasement of the denominator (purchasing power of fiat currency) as the money printer brushes all sins under the carpet.

Government debt interest payments are also being mutualized via this same mechanism as the tax take is not enough to pay for the ongoing increase in the debt burden. Gov debts compound due to interest payments and non-payment of the debt itself.

The outcome is that the debt payments and bailouts are really mutualized amongst the 99% while the 1% asset holders see the value of their assets rise (due to the fall in the denominator).

Incomes are not linked to the balance sheet, nor are revenues. They underperform. DO nothing and get poorer. After all, an asset is future deferred consumption thus if you own less assets, your future self is poorer.

Only 2 assets outperform this debasement: Tech stocks and high quality Crypto. Crypto has by far the highest beta to the global central bank balance sheets.

Not Real estate, not gold, not SPX, not bond yields, not EM equities, not credit. They all perform in line with the central bank balance sheets, or underperform.

This insidious mutualization of debt is a game you can opt out of...

Bitcoin was literally invented for this and due to its fractionalization is available to anyone. ETH even offers you a yield on top.

Don't like crypto? Buy semiconductors or even NDX.

But if you do nothing or stick to your old strategies, you will be paying for the losses.

The G4 central bank balance sheet grows at 10% per annum since 2012. If your choice of assets don't make 10% per annum over time, YOU are paying for the systems losses. That is your hurdle rate or you are getting poorer every year.

Urgh. This is how the world works now.

[David Pavón Prado @DvdPvn]

@BioavailableNd What daily dosage do you recommend?

[U.S. Department of Energy @ENERGY]

BREAKING NEWS: This is an announcement that has been decades in the making.

On December 5, 2022 a team from DOE's @Livermore_Lab made history by achieving fusion ignition.

This breakthrough will change the future of clean power and America’s national defense forever.

[James Melville 🚜 @JamesMelville]

This was misinformation.

https://t.co/tLI3EmcWAv

[David Pavón Prado @DvdPvn]

@10_FORTYONE what is the name of that volume indicator?

[David Pavón Prado @DvdPvn]

@PsychonautAndy @SchkaNico what was the lowest price?

[Rob Roos 🇳🇱 @Rob_Roos]

🚨 BREAKING:

In COVID hearing, #Pfizer director admits: #vaccine was never tested on preventing transmission.

"Get vaccinated for others" was always a lie.

The only purpose of the #COVID passport: forcing people to get vaccinated.

The world needs to know. Share this video! ⤵️

[Geiger Capital @Geiger_Capital]

Jeremy Siegel of the Wharton School ripping apart Powell and the Fed…

“They Know Nothing” 2.0

[zerohedge @zerohedge]

Sometimes the answer is right in front of you

[David Pavón Prado @DvdPvn]

@iEx_ec @quantnetwork

[David Pavón Prado @DvdPvn]

@SanNL11 why do I see this instead?

[Plan Marcus ⚡️🧡🍀 @plan_marcus]

IMF Director sums it up:

- We printed too much money and didn’t think of unintended consequences

- We are acting like 8 year olds playing soccer chasing the ball

[David Pavón Prado @DvdPvn]

@Trad_West_Art He didn’t rejected nihilism as such. For him it was a previous and necessary step for the potential transformation in a better version, which would be a bit closer to the übermensch. However, the current human being is still far from reaching it.

[Gold Telegraph ⚡ @GoldTelegraph_]

BREAKING NEWS:

THE U.K. TREASURY WILL MAKE PAYMENTS TO THE BANK OF ENGLAND FOR THE FIRST TIME TO COVER LOSSES FROM THE INSTITUTION’S QUANTITATIVE EASING PLAN

I should not laugh... but.

[Jim Rickards @JamesGRickards]

CDC says natural immunity is more effective than the vaccines. That's not surprising from a medical perspective, but it is quite surprising to hear something truthful from a government agency.
https://t.co/709L6nTH7j