Ed Man

Ex Private Equity Investor with a global firm.

[The Great Martis @great_martis]

Oracle Credit Default Swap hits 210 bps…surpassing its 2008 crisis peak.
AI debt risk is exploding.

The most vulnerable are listed below:

[First Squawk @FirstSquawk]

GOLD OVERTAKES U.S. TREASURIES AS THE WORLD’S TOP CENTRAL-BANK RESERVE ASSET — GOLD NOW 26.3% VS TREASURIES 20.2%, FIRST TIME SINCE 1996.

[WallStreet Gold @WSBGold]

🔥 US NATIONAL DEBT JUST CROSSED $40 TRILLION

That works out to roughly $119,403 per American.

More than $558 BILLION added in just 30 days.

[Ed Man @edwardhman]

🇬🇧🇯🇵

[Financelot @FinanceLancelot]

The 🇯🇵 Japanese yen devaluation is very similar to what happened in 1992 Britain 🇬🇧

They tried saving the British pound by selling foreign assets & buying pounds. It failed

Out of desperation they rapidly raised interest rates, which signaled panic. BoJ is in the same situation

[Jay Martin @JayMartinBC]

The White House says it rescued the yen out of friendship. Governments do not spend tens of billions on friendship; they spend it on fear. So what is Washington afraid of?

New episode: The TRUTH About Why America Bailed Out Japan

[Ben Rickert @Ben__Rickert]

Stock Market Bubble: ✅
Real Estate Bubble: ✅
Bond Market Bubble: ✅
Everything Bubble: Confirmed. ✅

Gold and Silver are the only assets that are undervalued in relation to the overinflated currency supply.

It is the money. The foundation for the new financial era and the main reason; China, Russia, Poland are accumulating it while liquidating US Treasury liabilities.

Holding stocks, bond or real estate investments will place you on the wrong side of history as the world enters The Fourth Turning.

[Ed Man @edwardhman]

@Ben__Rickert What’s BTC’s atomic #? LOL

[zerohedge @zerohedge]

"Won't Be Short-Lived": JPMorgan Warns Next Global Food Crisis Could Erupt Next Year https://t.co/AQQImDkUTd

[Hedgie @HedgieMarkets]

🦔The US Treasury bought Japanese yen on Friday for the first time since 2011. But it didn't sell dollars to do it. The NY Fed sold euros and bought yen on behalf of the Treasury through Goldman Sachs and Morgan Stanley, according to the Financial Times. A Reuters photographer caught Treasury Secretary Bessent's notepad at a Camp David cabinet meeting. It read "To Do Buy Japanese Yen $5-10 bil." Japan spent $58.97 billion in a single day to defend its currency, the largest intervention in its history. In January, Bessent refused to help.

My Take
Japan holds $1.19 trillion in US Treasury bonds, the largest foreign holder on earth. When the yen falls this far, Japan sells those bonds to raise dollars and defend its currency. Every bond Japan sells adds supply to the US bond market and pushes yields higher. The 30-year yield hit 5.23% this week, highest since 2007. Your mortgage, car loan, and credit card APR all follow Treasury yields. The US sold euros to buy yen because if it sold dollars instead, that would weaken the dollar, which goes against US policy. So the euro took the hit and Europe didn't get a vote.

Bessent refused to touch the yen six months ago. Friday he bought it with euros through Goldman and Morgan Stanley. Japan also has access to the Fed's FIMA Repo Facility, which lets it borrow dollars against its Treasury holdings instead of outright sales. That could keep over a trillion in US bonds off the open market and hold yields where they are. Japan and the US may announce a joint currency policy as early as next week. A currency crisis in Tokyo just became a US fiscal priority because the chain from a weak yen to a higher American mortgage payment runs straight through the Treasury bond market.

Hedgie🤗

[Francis Hunt - The Market Sniper, CMT (MBA) @themarketsniper]

Some good S.Korea noticing..

[Ed Man @edwardhman]

@DollarVigilante https://t.co/p1zeSpJ1bR

[Steve Hanke @steve_hanke]

Today, heavy rain triggered SEVERE flash floods across Petaling Jaya, Malaysia.

Just more confirmation of Hanke’s Schoolboy Theory of History: it’s just one damn thing after another.

[Ben Rickert @Ben__Rickert]

Basel III Explained and The Importance of Gold In The Future Financial System.

[Anonymous @YourAnonOne]

BREAKING: McDonald's CEO posts another video of him looking like he's not swallowing food

[Ed Man @edwardhman]

@Ben__Rickert Hedge fund zoo

[Lawrence Lepard, "fix the money, fix the world" @LawrenceLepard]

Seems like an appropriate morning to post this chart by the excellent monetary analyst, Dan Oliver of Myrmikan.

[Ed Man @edwardhman]

@maneco1964 There is only a diarrhea milk shake theory

[Ed Man @edwardhman]

@themarketsniper Great call at 14:56 Mr Hunt

[Ed Man @edwardhman]

@themarketsniper @push108 $UAMY was flagged by the @themarketsniper community. https://t.co/obnsxlGVNB

[Montana Magnet @USAC_Bull]

🚨 BREAKING: THE STATE OF ALASKA JUST BOUGHT 60,000 SHARES OF $UAMY

• 15 other institutions filed this week.
• 200k+ shares accumulated.
• 3 filings dropped TODAY alone.

Governments. Buying. Antimony. 👀

[Ed Man @edwardhman]

@KingKong9888 Poor dad. Poor kid

[Ed Man @edwardhman]

Ancient and natural

[Ben Rickert @Ben__Rickert]

The Fibonacci sequence for silver indicates the following targets:

123, 199, 322, 521, 843, 1364, 2207

Make of that what you will.