DIfFERENCE BETWEEN Rich People and Poor People:
When Walmart has a SALE poor people rush in and buy, buy, buy.
Yet when the Financial Asset Market has a sale….a.k.a…..CRASH…
the poor sell and run….while the rich rush in….and buy, buy, buy.
The gold, silver, and Bitcoin market just crashed….a.k.a. went on sale…and I am waiting….with cash in hand….to begin to buying more gold, silver, and Bitcoin….on sale.
What are you going to do?
Gold crashed from $5,600 down to around $4,700. Silver fell from $121 to $77.
Platinum and palladium got crushed similarly.
All of this happened in less than 36 hours, and when you calculate the total value lost across all precious metals globally, it adds up to roughly $7 trillion.
This morning, Trump announced Kevin Warsh as his pick to become the next Federal Reserve chairman, replacing Jerome Powell when his term ends in May.
Warsh is known as an inflation hawk, he's focused on fighting inflation and keeping the dollar strong, which is the complete opposite of what traders had been betting on for months.
The entire metals rally was built on a simple narrative, traders assumed Trump would pick someone who'd aggressively cut interest rates and weaken the dollar.
When that happens, precious metals become more valuable because people lose confidence in fiat currency.
Traders loaded up on huge leveraged bets that metals would continue surging, using borrowed money to amplify their potential gains.
But when Warsh, a known inflation hawk got nominated instead, the thesis completely flipped.
Suddenly, every trader who had bet on falling rates and a weaker dollar realized they were wrong.
They needed to sell to cover losses.
The selling cascade happened extremely fast because once it started, leverage got flushed out violently.
Banks and market makers raised margin requirements on futures contracts, which forced smaller traders to sell whether they wanted to or not.
The forced selling pushed prices down even further, which triggered more liquidations in a vicious spiral.
On top of that, the dollar strengthened as markets processed the reality of a hawkish Fed incoming.
A stronger dollar makes metals cheaper for international buyers and reduces buying interest.
Every time metals dropped another few percent, more traders got wiped out and the selling accelerated harder.
The key thing to understand is that metals didn't crash because the fundamentals changed.
China still has export controls on silver, physical supply is still genuinely tight, and industrial demand still exists.
They crashed because the Fed policy narrative completely flipped in a single announcement, wiping out a crowded speculative trade that was entirely built on betting against the Fed and betting on a weaker dollar.
Nvidia, $NVDA, CEO: 'My only regret was selling Nvidia stock when the market cap was $300M to buy my parents a Mercedes S-Class. It’s the most expensive car in the world now.'
One week into 2026… are you having fun yet?
- US captures Venezuela’s President
- US now owns $17T more worth of oil
- Trump wants to buy/invade Greenland
- Venezuela stock market is +150%
- Discord files for IPO
- S&P500 hits all time high
- Trump says he will be impeached if Rep lose midterms
- Silver back above $80
- X usage hits all time high
- Tim Walz drops out of governor race (his political career is over)
- ICE agent situation
BREAKING: Trump has said that oil companies were told of the attack on Venezuela before it happened.
Reporter: Did you speak with the oil companies before the operation? Did you tip them off?
Trump: Before and after. They want to go in and they’re going to do a great job.
Palantir, $PLTR, CEO: “We were right, you were wrong. I really enjoy turning on TV and seeing some analyst explain why some other company is better than ours simply because they didn’t make any money on our company and probably aren’t”
PSG1 Wave2 it's time 👾
This includes the PSG1 Jupiter, Bonk and Pudgy Penguins Limited Editions will start shipping soon.
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