The elephant in the room:
Confidence in fiat currencies has collapsed.
As a result, absolutely no one wants cash right now.
In fact, cash allocation for institutional investors is down to 3.8%, the lowest percentage in 12 years.
The Fed will soon lose its independence, rate cuts are coming into stagflation, and global debt jumped +$14 TRILLION in Q2 2025, to a record $337.7 trillion.
You are either buying stocks at record highs, piling into gold and silver, or buying crypto.
Meanwhile, corporations are investing hundreds of billions into AI and governments will soon join the AI arms race, prompting more money printing.
This is exactly why we have been constantly stating to "own assets or be left behind."
Fiat currencies are losing their purchasing power and asset owners are looking to defend against it in any way possible.
As investors, we can only play the hand we are dealt.