𝙎𝙚𝙪𝙨

Galatasaray SK, Barcelona FC

[𝙎𝙚𝙪𝙨 @GSeus1905]

Bu ülkenin her şeyden evvel namuslu ve dürüst siyasilere, insanlara ihtiyacı var. Bu ülkenin en büyük sorunu namussuzluktur.

[Barış Soydan @barissoydan]

Fast food restoranlarının (McDonalds, BurgerKing vs.) Türkiye'deki lokantaların toplam cirosu içindeki payı 2019'da %22 imiş, geçen yıl %38'e çıkmış, yakında %50'yi geçecek. Bu pazarın %44'ü ilk 10 markada, yani Amerikan zincirlerinde. Bu dönüşümün yerli-milli sözünün dillerden düşmediği dönemde gerçekleşmesi de tarihin cilvesi..
Kaynak: HSBC'nin BurgerKing'in Türkiye'deki işletmecisi TAB Gıda'ya dair raporu. TAB Gıda dün bu raporla %9.2↑

[Jurrien Timmer @TimmerFidelity]

Moving to gold and why it hasn’t done what it’s supposed to do, I revisit below my charts from last week which shows that gold is “cheap” relative to the global money supply. With global M2 decelerating from a growth rate of 12% to 6% (and declining), the catalyst for gold is probably not there yet. With global monetary policy turning more hawkish, global liquidity might slow further.

[Berna Gülpınar @berna_gulpinar]

S&P Global, Oracle’ın kredi notunu ‘BBB’ seviyesinden ‘BBB-‘ seviyesine düşürdü.

Zayıf nakit akışı ve artan borçluluk gerekçesiyle.

Microsoft'un ardından dünyanın en büyük ikinci yazılım şirketi bu.

Teknoloji sektörü büyüyor. Ama borçlanarak. Ve bu paranın bir maliyeti var.
🧐

[𝙎𝙚𝙪𝙨 @GSeus1905]

@Bulvarpress Kolyeden anlaşılıyor haritası

[𝙎𝙚𝙪𝙨 @GSeus1905]

@e507 İstisna; Canan Karatay’ın ödeme yaptığını hiç zannetmem.

[𝙎𝙚𝙪𝙨 @GSeus1905]

@TanyeriMustafa Adamların cumhurbaşkanı hiç değilse koşabiliyor sen ne anlatıyorsun

[PeerMetals @peer_metals]

China's gold buying just went parabolic. 🇨🇳

Look at the monthly acceleration:

March 2026: 4.98 tonnes
April 2026: 8.09 tonnes
May 2026: 9.95 tonnes
June 2026: 14.93 tonnes

Three months in a row of accelerating purchases.

Nearly tripling from March to June.

This started in May 2025 at under 2 tonnes per month.

Now buying almost 15 tonnes in a single month.

The PBOC isn't just buying gold.

It's buying faster and faster.

#Gold #CentralBanks #PreciousMetals

[Ayhan Dadaloğlu @AyhanDadaloglu]

2027 de beklenen ekonomik zorluklar .

[𝙎𝙚𝙪𝙨 @GSeus1905]

@TechCharts Is it possible that there are other things you don't know ?

[Resource Alpha @SpeculatorPL1]

I know most people don’t want to hear about COMEX anymore - many have been calling for its collapse for years.
But here’s what’s actually happening:

COMEX Open Interest just hit the lowest level in 10 years.🚨

At the same time, 448 tonnes of gold and 6,000 tonnes of silver have disappeared from the vaults.
Investors are rejecting paper promises.
They’re draining the system, forcing physical delivery, and stripping the exchanges of their leverage.
Physical reality is taking control.

[Make Gold Great @MakeGoldGreat]

“The Price Of Gold Would Need To Surge To $26,000 To Equal 1980 High, A Jaw-Dropping $75,000 To Equal The 1940 High As A Percent Of US Government Debt”

[𝙎𝙚𝙪𝙨 @GSeus1905]

@gkhnkntlr @insaatdoktoru Altın pahalı değil ölçtüğünüz paralar rezil durumda. Konut fiyatları faizler düştükçe altına yetişir. Ama kağıt paralarınız daha da rezil olacak.

[Macro Liquidity by Sunil Reddy @Macrobysunil]

Japan holds around $1.2 trillion of US debt.
The UK holds around $937 billion.
They are the two largest foreign holders of US Treasuries.

But here is the problem:

Both are now facing serious stress in their own bond markets.

Japanese yields are rising.
UK yields are rising.
The cost of funding their own governments is rising.
When your own house is cracking, how long can you keep funding the construction of someone else’s house?
That is why, when Japanese and UK yields explode, US yields cannot stay untouched.

The foreign buyer is disappearing.

And when foreign buyers disappear, the question becomes simple:

Who funds the debt?

The answer is always the same in the end.

Central banks.

They step in.
They suppress yields.
They buy the debt nobody else wants.
They call it “stability.”

But in reality, this is yield curve control.

And the consequences are beyond imagination for most common people.
Because yield curve control does not solve the debt problem.
It transfers the pain.
From bond markets
to currencies,
to inflation,
to savers,
to the purchasing power of ordinary people.

To truly heal the system, asset prices need to deflate.

Debt needs to be cleared.
Bad capital needs to die.
Speculation needs to reset.

But the system cannot allow that.

Because the entire modern financial world is built on inflated asset prices, cheap debt, and endless refinancing.

So there is no clean answer.
No painless exit.
Nobody knows exactly how this ends.
But one thing is almost guaranteed:
Chaos before reset.

[The Kobeissi Letter @KobeissiLetter]

Foreign debt demand is no longer keeping up with America's growing debt:

Foreign official holdings of US Treasuries are down to 12.5% of total Treasuries outstanding, the lowest this century.

This percentage has declined -24 points since the 2009 peak.

Over this period, marketable US Treasury debt has surged +$23 trillion, or +379%, to $29.1 trillion, near an all-time high.

At the same time, US Treasuries held by foreign government entities have increased by just +$1.5 trillion, or +63%, to ~$3.9 trillion.

China's Treasury holdings have more than halved, to $651.1 billion, the lowest since September 2008.

The US is issuing record levels of debt.

[Lukas Ekwueme @ekwufinance]

Gold open interest on COMEX is plunging to the lowest level in a decade… and silver open interest is doing the same.

At the same time, 448t of gold and ~6,000t of silver have left COMEX.

Paper exposure is collapsing while physical metal is leaving the exchange.

[𝙎𝙚𝙪𝙨 @GSeus1905]

@berna_gulpinar Rezil bir dünya. Yaşam böyle bir şey değil ama hayat bok gibi.

[The Kobeissi Letter @KobeissiLetter]

US consumer sentiment points to further job market weakness:

The gap between consumers saying jobs are "plentiful" versus "hard to find" fell to just 2.4 points in June, the lowest since the 2020 pandemic.

Just 24.9% of consumers now say jobs are "plentiful," down from ~55.0% in 2022, while 22.5% say jobs are "hard to find," up from ~10.0% over the same period, and the highest since January 2021.

Historically, this measure has been one of the most reliable leading indicators of rising unemployment, and it now suggests the US unemployment rate could rise to as high as 6.0%, from the current 4.2%.

Meanwhile, the labor force participation rate, which measures the working-age population of those either employed or looking for a job, fell to 61.5% in June, the lowest since June 1976, excluding the pandemic period.

This comes as the labor force dropped -720,000 last month, to 169.36 million, the lowest since December 2024.

The job market is much weaker than headlines suggest.

[maneco64 @maneco1964]

Open interest in the Comex December 2026 Gold $20'000 call up by another 529 contracts. Total O.I. is now at 31'127.

[Northstar @NorthstarCharts]

The Dow/Gold Ratio in all its splendor. The Capital Rotation thesis only needs reconsidering if it punches upwards through the red circle. If not, it's a glorious era for gold & friends 👇

[The Great Martis @great_martis]

Next time someone asks me if we are going higher, I’m just going to point silently at this chart.

It is simple, beautifully historical, and highly likely to end up in the textbook chronicles by the Great Martis.

Success in this market boils down to one simple thing: patience. Unfortunately, that is a rare luxury 99% of traders don't possess.

Learn it. Study it. Possess it.

Yours truly,
The Great Martis.✨