Crazy how many people don’t understand the economy and how it works - printing money, inflation/deflation, debt burdens, productivity, deleveraging, “lost decade”, and more. Credit is the most important, but least known aspect. I beg you to do yourself a favor and learn the cycle
@LearningwithmrE@MichaelMOTTCM No, the Feds balance sheet has been quickly shrinking since Q1 2022 (with the exception of a short QE for the SVB/bank runs).
@MichaelMOTTCM Maybe, but Michael no disrespect, you tweeted a couple days ago showing the 3M Bills and asking if QE is coming why isn’t it showing (when it was).
@BitcoinWealth@KobeissiLetter I was trading and investing in BTC before you knew what the S&P was.
Nothing fundamentally drives its price outside of pure demand from retail and institutional participants, there are no cash flows, earnings, or underlying assets anchoring its value. Its strictly game theory
@BitcoinWealth@KobeissiLetter Whether people want to admit it or not, Bitcoin has no intrinsic or quantifiable value behind it. From the moment it entered call it mainstream markets, it’s been treated as a speculative space or essentially a high volatility gambling environment.
@RetirementRight I'm not too sure about that, the stock experienced a pretty drastic pullback today following this news and falling over 7% (closing -5%). Very possible this stock continues to see some selling pressure. Then again this is political risk and unsure how long and strong it'll be.
@SeaKingOptions@Bangin7grmrocks Bullshit, you can do CCs on cash accounts. No BD requires margin to do CCs.
Also no one is looking to 1,000%+ on a CC, it’s aimed as a relatively risk averse income strategy.
🚨 Gold/Silver Ratio recently broke above 100! That means it now takes over 100 oz of silver to equal 1 oz of gold. This is historically rare, has only happened 3x since 1930... But here's the thing when this happens, silver tends to play catchup and it often does fast! 🚀
@ChiTown_A It’s tough to say although there’s a 5%+ “psychological” level phenomenon.
This type of move has always front run a recession, bonds have been historically low for some time and are now at an average-ish level.
Tough for corps to raise money + free rate of return
📉
🚨 Gold/Silver Ratio recently broke above 100! That means it now takes over 100 oz of silver to equal 1 oz of gold. This is historically rare, has only happened 3x since 1930... But here's the thing when this happens, silver tends to play catchup and it often does fast! 🚀