David Blair Macrory

“There are 2 ways to conquer & enslave a nation. One is by the sword. The other is by debt.” John Adams
(A worldwide Global Gold Fever is coming-Get Prepared)

[David Blair Macrory @SilverPlusGold]

#war addicted America
My interpretation of the Kondratiev Cycle. America is declining into an ill-fated, bankrupt military empire. No longer the "Arsenal of Democracy" saving the world from tyranny in WWII, the U.S. is descending into tyranny itself.

[Northstar @NorthstarCharts]

Bond yields are at the heart of everything that's going on in the markets & nothing that's happened on this chart in the last 6 years was unexpected. What comes next is not unexpected either. Check the 1970's for reference.

[0xNobler @CryptoNobler]

🚨 WARNING: NEXT WEEK WILL BE THE WORST TIME OF 2026!!

When markets open on Monday, this won't be “just a dip.”

Stocks will dump.
Metals will dump.
Bitcoin will collapse.

If you hold any assets right now, you MUST be prepared for the biggest sell-off event of the year:

Insiders are nonstop dumping ALL assets right now.

They are not buying the dip.

They are moving into cash, reducing exposure, and preparing for a market crash.

And the warning signs are already appearing.

Bitcoin has already dumped below $60,000.

Stocks are falling.

Gold is falling.

Silver is falling.

This is not isolated weakness.

This is capital exiting risk across the board.

Capital freezes.

Confidence evaporates.

Global growth expectations reset lower instantly.

Meanwhile:

→ Japanese bond yields are surging
→ Foreign nations are dumping U.S. Treasuries
→ Global bonds are falling
→ Oil markets are becoming unstable
→ The dollar is losing stability
→ Liquidity is tightening worldwide

This is no longer one isolated problem.

This is systemic pressure building across MULTIPLE fronts simultaneously.

Inflation spikes globally.

Which means central banks will keep interest rates higher for longer.

And that creates the exact environment markets cannot survive in:

→ Slowing growth
→ Sticky inflation
→ Tight liquidity
→ Rising geopolitical risk
→ Collapsing investor confidence

Now connect the dots.

When geopolitical stress collides with a fragile financial system, reactions do not stay contained.

They COLLAPSE.

Capital does not rotate slowly.

It stampedes toward safety all at once.

And risk assets?

They do not dip.

They DUMP HARD.

This is exactly how chain reactions begin.

Once markets start pricing prolonged instability instead of temporary fear, the entire system changes.

Watch oil.

Watch bonds.

Watch interest rates.

Because once this accelerates, there will be no time left to react.

I have spent decades tracking macro and systemic market reactions like this.

When the next move becomes clear, I will share it here publicly.

Follow and turn notifications on.

Because by the time it reaches the headlines, it is already too late.

[Global Markets Investor @GlobalMktObserv]

‼️SpaceX is targeting one of the most ambitious valuations in stock market history:

SpaceX is planning to list on the Nasdaq under the ticker $SPCX on June 12, targeting a $1.75 TRILLION valuation by selling ~555.6 million shares at $135 per share to raise a record $75 billion, according to Reuters.

At this valuation, SpaceX would trade at ~94x (P/S) its 2025 booking revenue of $18.67 billion, despite reporting a net loss of -$4.94 billion in 2025.

This would also place SpaceX above Meta and Tesla in global market cap rankings, behind only Broadcom, Amazon, Microsoft, Apple, Alphabet, and Nvidia.

SpaceX's $18.67 billion in revenue accounts for just 6% of Alphabet's $294.7 billion, 7% of Microsoft's $281.7 billion, and 9% of Meta's $200.97 billion, yet it is targeting a valuation in the same league as these companies.

By comparison, Alphabet trades at ~6x sales, Microsoft at ~13x, and Meta at ~10x, making SpaceX's ~94x P/S multiple nearly 10 times higher than any of its closest peers.

Meanwhile, Morningstar analysts value SpaceX at ~$780 billion, less than half the IPO target, arguing the company is significantly overvalued at this price.

Is SpaceX way overvalued?

[Cointelegraph @Cointelegraph]

🇪🇺 JUST IN: The European Central Bank says gold has overtaken U.S. Treasuries as the world's largest reserve asset.

[Barchart @Barchart]

BREAKING 🚨: Japan

Japanese Crude Oil Reserves plunge by largest amount in history 📉📉

[Wimar.X @DefiWimar]

🚨 BREAKING

🇺🇸 TRUMP JUST SAID "THE US SHOULD NEVER HAVE BEEN IN IRAN"

HE COMPARED IT TO IRAQ AND SAID, "WE DID SO BAD. IT WAS SUCH A FOOLISH THING."

THIS IS THE BIGGEST PEACE SIGNAL YET.

THIS IS EXTREMELY IMPORTANT FOR MARKETS...

[Hedgeye @Hedgeye]

🇯🇵 Japanese crude oil reserves post the largest drawdown in the country’s history

[David Blair Macrory @SilverPlusGold]

VIX; AI Stocks Topping? Sector Rotation?
August 2024 saw a short-term panic in the Magnificent Seven. The VIX ripped higher, and many believed this was going to be the beginning of the big crash and bear market in equities. What about now? DYODD

[Otavio (Tavi) Costa @TaviCosta]

Silver prices vs. global production:

When structural demand collides with stagnant production.

You can’t just flip a switch and grow mine output overnight.

Discoveries are rarer, permitting is harder, grades are falling, and development timelines keep getting longer.

Contrary to what most believe, this is not a speculative bubble.

It is the market adjusting to a new reality of structurally higher resource prices.

Wake me up when production actually starts surging.

https://t.co/MQnJnDEHrh

[Global Markets Investor @GlobalMktObserv]

🔥Is there more upside to gold prices?

The S&P 500-to-gold ratio has been declining over the last 3 years, following the same pattern seen after the 1929 crash, the 1970s inflation era, and the 2000 Dot-Com Bubble.

All of these events preceded prolonged periods of gold outperformance over stocks.

The ratio currently stands well above its long-run median of 0.70, suggesting gold has significant further room to outperform equities.

Given historically robust central bank demand, extremely large fiscal deficits globally, and geopolitical uncertainty, the trend is likely to stay intact.

If history rhymes, gold is likely to continue outperforming stocks for years to come.

[💪🎭..Rai ji..💪🎭 @Vinod_r108]

Awww Humanity at its finest 💖👏

[More Births @MoreBirths]

What will depopulation do to the global economy?

It is already taking out the largest asset class in the entire world, Chinese real estate.

China is learning, as Japan already learned, that falling population means few home buyers, and an inevitable property market crash. 1/2

[David Nino Rodriguez @ninoboxer]

🚨BREAKING: There is NO water in The Rio Grande?!

I’m standing here in New Mexico and the river is completely DRY.

Nearby AI data centers are consuming massive amounts of water to keep their systems cool.

Meta’s Los Lunas facility alone has reportedly been tied to roughly 75 million gallons of water usage per year connected to Rio Grande resources and it’s only ONE of many projects expanding across the state.

People can argue over the exact numbers, but one thing is undeniable… these facilities require enormous amounts of water and there are more data centers across the country being built as we speak.

This is starting to look like an environmental disaster in plain sight.

We need to put pressure on local representatives and the President to examine this environmental crisis before it’s too late.

[Shadow of Ezra @ShadowofEzra]

Thomas Massie says he will publicly read the names of the Epstein clients before his time in Congress comes to an end.

Massie says there will be no high-level arrests as long as Todd Blanche and Kash Patel work for the United States government.

Massie says Melania Trump knows the truth about Epstein not acting alone.

"Todd Blanche is violating the law."

[Graddhy - Commodities TA+Cycles @graddhybpc]

Santacruz has been one of our favourite smaller silver producers at the service for several years. Their acquisition of Glencore’s assets was brilliant, and the completed payment a milestone. The beautiful, huge rounded bottom/arc played out as expected. And, holding strong.

[David Blair Macrory @SilverPlusGold]

@narendramodi We need more uplifting words like these.

[Narendra Modi @narendramodi]

सच्चा ज्ञान देश, समाज और समस्त मानवता के कल्याण का मार्ग प्रशस्त करता है। इसलिए यह जरूरी है कि हमारा ज्ञान और हमारे कर्म पूरी मानवता के लिए प्रेरणा बनें।

आत्मा शुद्धः सदा नित्यः सुखरूपः स्वयम्प्रभः।

अज्ञानान्मलिनो भाति ज्ञानाच्छुद्धो भवत्ययम्‌।।

[Charlie Bilello @charliebilello]

The US consumer sentiment index from the University of Michigan goes back to 1952.

It has never been lower than it is today.

Video: https://t.co/8USvFpWxZN

[Alex (Sasha) Krainer @NakedHedgie]

Yesterday on "Triangle" podcast
https://t.co/UFlSUaP7Zh

[Popular Liberal 🇺🇸 @PopularLiberal]

WOW! Thomas Massie and Tucker just gave the president a primary truth of their own.

Massie went off on Trump. He said the White House dragged Lauren Boebert into an interrogation room to bully her into removing her name from the Epstein petition.

Massie says Trump told Marjorie Taylor Greene to her face that the death threats against her kids were her fault. He blamed the victim and called her out for getting threats.

Massie called him despicable to his face.

$32 million from Trump's billionaire buddies to crush one congressman for asking about Epstein files.

You know, billionaire buddies like Elon Musk—who's in the Epstein files himself.

The "law and order" party, everybody. Blame the moms, protect the predators, and let the billionaires buy the silence.