Can someone tell me how this company that raises $1.5 billion in two days pays $1.2 billion per year in dividends?
Iโm not sure if I can work the math out.
Seems like a difficult situation here.
๐จ do you understand what just happened..
the US announced a ceasefire with Iran.. oil crashed 16%.. the whole world is celebrating.. and in the same hour.. Israel issued an evacuation order for Tyre in southern Lebanon..
Tyre is one of the oldest cities on earth.. over 4,000 years old.. a UNESCO World Heritage Site since 1984.. it survived Alexander the Great's siege in 332 BC.. it survived the Crusaders.. it survived the 2006 war..
it just got told to evacuate on the night the world is watching "peace" on TV..
Iran's 10-point plan demanded Lebanon be included in the ceasefire.. the US called it "workable".. then left Lebanon out entirely.. so now Iran can't respond while Israel escalates on its closest ally with no consequences..
UNIFIL documented over 10,000 Israeli violations of the November 2024 Lebanon ceasefire.. ten thousand.. and nobody cancelled the deal..
the ceasefire wasn't for Lebanon.. it wasn't for Tyre.. it was for the oil price
JUST IN: Strategy $MSTR CEO Phong Le just said, "I bought $250,000 of Stretch $STRC just last week."
"I have a 1.75% 30-year mortgage. Instead of paying down that mortgage, I put it into an instrument that pays me 11.5%. Thatโs 10x my mortgage rate."
Things more dangerous than $7 coffees:
- $40,000 wedding ($5,000/hr party)
- $80,000 degree that gets you a $50,000/yr job
- $40,000 car loan because you "earned it"
- $2,000/mo apartments to flex for friends
...Thats why 80% of people are broke.
I'm a Reserve Manager at a central bank.
My job is buying gold.
297 tons this year.
Quietly.
While we print money.
Loudly.
Gold hit $5,000 an ounce yesterday.
We've been buying since it was $1,800.
That's called "reserve diversification."
Diversification means we don't trust our own currency.
But we can't say that.
So we say "diversification."
The Governor went on television last month.
He said inflation is "anchored."
Anchored means 6%.
Used to mean 2%.
We moved the anchor.
That's monetary policy.
He said the currency is "sound."
Sound means losing 20% of its value.
Per year.
But it sounds sound.
That's what matters.
We bought 45 tons in November.
Poland bought 95 tons.
Brazil bought 43.
China reports 1 ton.
China is lying.
We all know.
Nobody says it.
95% of central banks plan to buy more gold next year.
That's a survey.
We surveyed ourselves.
On whether we trust ourselves.
We don't.
We trust gold.
Citizens ask why prices keep rising.
We say "supply chains."
We say "external factors."
We don't say "we printed 40% of all money in existence since 2020."
That's not external.
That's us.
The Finance Minister asked if gold is a hedge against our own policies.
I said "gold is a strategic reserve asset."
Strategic means yes.
I just can't say yes.
Gold is $5,000 now.
Our currency buys less every day.
Our gold buys more.
That's the strategy.
For us.
Not for you.
You get the currency.
We get the gold.
That's central banking.
๐ฅ CZ WON THE BITCOIN DEBATE IN LESS THAN A MINUTE
CZ pulled out a gold bar during the Bitcoin v. Gold debate and asked Peter Schiff to verify if it was real. Schiff was unable to verify it without having extra tools.
CZ seized the moment to push the point that Bitcoin transactions are verified instantly, on the blockchainโ while gold still struggles with basic authentication.