Fiat currencies are in an eternal bear market against gold:
Since 1971, the US Dollar has lost -99.24% of its value against gold, the 2nd-largest decline among major currencies.
Over the same period, the British Pound has declined -99.57%.
The Euro would have lost -99.08% against gold if it had existed since 1971.
Furthermore, the Japanese Yen and Swiss Franc have dropped -98.27% and -96.07%, respectively.
Meanwhile, gold prices in US Dollar terms are up +11,119% over the same timeframe.
Own assets or be left behind.
Throughout history, whenever money was anchored to gold, the system imposed discipline on nations.
Governments could not create unlimited currency without consequences.
Gold acted as a restraint on excess.
Today?
Global debt has surged beyond $350 trillion.
Another one bites the dust.
Cantor, Lutnick, & the financial-industrial complex are wrapping as many Bitcoiners as possible into collateralized debt obligations for the financial-industrial complex.
✅ Jack Mallers
✅ Adam Back
✅ David Bailey
☑️ Next…?
🚨Michael Burry just said Elon Musk and Nvidia's deal is built on fake numbers.
Burry published a detailed breakdown calling the entire structure "Fugazi", his word for fake.
He is alleging that billions of dollars in Nvidia chips are being hidden off balance sheets, and that American retirees are unknowingly funding the whole thing.
Nvidia, the world's largest AI chip company sold $5.4 billion worth of its most advanced GPUs, the GB200, to a company called Valor.
Valor is not a real operating business. It is a special purpose vehicle, a shell company created specifically to hold these chips and nothing else. Nvidia also invested $1.9 billion of its own money directly into Valor on top of the sale.
Those 100,000+ chips are now physically inside xAI's data center. xAI is Elon Musk's artificial intelligence company, the one that builds Grok. xAI is using every single one of those chips right now to run its AI models.
But here is what Burry is flagging.
Neither Nvidia nor xAI owns those chips on paper. Valor, the shell company holds legal title. That means $5.4 billion in GPU assets do not show up on Nvidia's balance sheet as inventory.
They do not show up on xAI's balance sheet as assets. They are legally invisible to both companies.
Nvidia gets to book the $5.4 billion as a completed sale and record it as revenue. xAI gets full use of the chips without owning them. And the risk disappears into a shell company in the middle.
Now here is where American retirees enter the picture.
Valor needed $3.5 billion in debt to fund this structure. Apollo provided it. Apollo is one of the largest asset managers on earth with $1.03 trillion under management and $834 billion specifically in private credit.
Apollo raised the $3.5 billion, packaged it into debt securities, and sold those securities to Athene.
Athene is Apollo's own insurance company. It sells fixed and indexed annuities, retirement savings products, to ordinary Americans.
When a retiree buys an Athene annuity, they believe their money is sitting in safe, stable investments. That money is now inside a structure funding Elon Musk's AI data center.
The numbers inside Athene are most alarming.
Athene holds $74.2 billion in reserves. It has moved $217 billion in assets into a captive insurer based in Bermuda, meaning those assets sit outside normal US insurance regulation and oversight.
Of the entire portfolio, 34.7%, equal to $103 billion, is classified as Level 3 assets.
Level 3 is an accounting classification that means there is no observable market price for these assets. No outside party can independently verify what they are actually worth.
The leverage sitting on top of those unpriced assets is 16 times.
Burry's says:
Every step of this structure is technically legal and publicly disclosed. But the entire thing was deliberately engineered across 8 to 12 steps to move credit risk off balance sheets and away from any market pricing.
- Nvidia books the revenue.
- Apollo collects the fees.
- xAI gets the computing power.
- And retirees sitting at the bottom of a 16x leveraged Bermuda insurance structure, holding $103 billion in assets with no market price carry the risk without knowing it exists.
Your phone is about to stop being yours.
Android was sold to us as an open platform.
Now Google wants every developer to register and submit ID just to let you install their apps.
Every app and every device, worldwide, with no opt-out.
Your bank knows every coffee you bought.
Your government knows every transfer you made.
Your ISP knows every site you visited.
Somehow, wanting a little privacy is treated as suspicious.
Privacy isn’t a crime. It’s a fundamental right.
We don’t ask for privacy because we have something to hide. We ask for privacy because our lives, finances, and personal choices belong to us.
@SilentSwap
everyone is missing the actual red alert. circle didn't just freeze a user's eoa. they blacklisted a live smart contract.
the precedent is terrifying. if an issuer can nuke an entire protocol just because one tainted wallet deposited funds, then defi composability is dead. your stablecoins in a dex router, lending market, or yield farm are never safe. they can all become collateral damage overnight.
defi protocols don't protect your fiat liquidity, they just group it together for a more efficient freeze. you can't build permissionless finance on a centralized kill switch.
‼️🚨 REMARKABLE: A man calling himself "Noah Doe" walked into the NYPD with a USB drive of 39,069 dormant Bitcoin wallets, filed it as "lost property," and got a receipt.
He's now suing in New York to be declared the legal owner of all of it: ~3.8M BTC (~$286B). He says he built an algorithm to find them and is invoking a 1958 NY finders law to claim title.
Wallet #1 is the Mt. Gox hacker's address: ~80,000 BTC stolen in 2011, untouched for 15 years, worth ~$6B today. Every on-chain analyst on earth watches it.
The Russian parliament has passed a law granting employees of the Bank of Russia, Rosinkas, the special postal communications service and Sberbank the right to neutralise drones and other unmanned systems. The measures include, among other things, jamming, taking over of control signals, damaging or destroying such systems. The bill had been in the Russian parliament since August 2025, but its consideration was accelerated for so-called objective reasons.
A new version of the beta stressnet software has been released!
We implore the Monero community to continue to participate in testing and to report issues in order to ensure a smooth transition!
Big Tech just voluntarily handed UK speech regulator Ofcom preview access to new features before they launch.
Facebook, Instagram, Roblox, Snap & YouTube all agreed. TikTok refused.
Meta is now rolling out AI to scan Instagram DMs under the premise of detecting “sexualized conversations," right after quietly killing E2EE.
This is how free speech and privacy die: companies willingly building the surveillance state for the regulator. All for “safety.”
https://t.co/9eULra9YJ8
the hit list just got longer. eigenwallet market makers urged to kill their asbs immediately due to an active exploit.
we literally just called this. haveno multisigs drained, usdt kill switches flexed, arkham doxxing zec, and now xmr automated backends under fire. the timeline is way too loud to be a coincidence.
this is a coordinated purge of actual privacy infrastructure. they are weaponizing our own surface area against us. they are systematically dismantling the bridges in real-time.
stay dark and paranoid, survive, be a ghost.
A Reddit user found out that Motorola phones have started hijacking the Amazon app to insert affiliate codes - on a phone that cost $1,900 - talk about greed..
In the double-slit experiment, a particle travels as a wave of possibility, every path at once, until something observes it.
Observation collapses the wave into a single fixed point.
Your personal life online behaves the same way.
Unobserved, you are a person with context, history, intention, room to change your mind.
Observed permanently by every institution that can buy access to your data, you become a profile. A score. A history that has already decided what you are before you say a word.
Zero-knowledge proofs do something radical here.
They let you prove what is true without revealing everything else about you.