Roelie G.v. Pittius

Mining, Investor, Sports lover and steak braaier

[Charles H Savage @CharlesHSavage]

I came across a data insight worth sharing.

EasyEquities reached its first R1 billion in cumulative deposits 934 days after launch.

This month, we added R1 billion in deposits in just 11 days.

What took over 2.5 years in the early days now takes less than 2 weeks.

That's an acceleration of almost 85x.

It's a reminder that compounding doesn't just happen in investment portfolios. It happens in businesses, brands, communities and trust. Progress often feels slow while you're living through it. Then one day you look back and realise just how much momentum has been built.

@EasyEquities

[Nick Freitas @NickJFreitas]

@BernieSanders Elon Musk creates 4400 millionaires to include hundreds of working-class people in one IPO.

Bernie has created 1 millionaire. Himself.

Stop listening to socialists. They don't know how to create wealth, only how to steal it.

[Angeliki @Angeliki_BTC]

Fun fact

All trillionaires are born in South Africa.

[ᴛʀᴀᴄᴇʀ @DeFiTracer]

🚨 BREAKING:

THIS GUY MIGRATED TO THE U.S. FROM MEXICO AND WORKED AS A WELDER AT SPACEX

HE RECEIVED $10,000 IN STOCK AND WAS PAID $28/HOUR FOR 10 YEARS

AFTER IPO HIS $SPCX STAKE IS WORTH AROUND $1,000,000

HE IS ONE OF 4,400 EMPLOYEES WHO BECAME MILLIONAIRES TODAY!!

[Slaughter. @BafanaSurprise]

We don’t hate the South African government enough!

R4.45 billion pension fund investment in allocated to 15 companies, gave returns of -100% not even a cent was accumulated from these investments 😳😳😳😳.

[Jurrien Timmer @TimmerFidelity]

Gold is creeping further and further away from its north star (global liquidity), and is probably worth a look at these levels.

[Gareth Cliff @GarethCliff]

The one thing you can say about everyone who’s unhappy about Elon Musk’s new trillionaire status is that they’re the same bitter and resentful people who would hate you if you had more than them.

They make terrible friends
You shouldn’t do business with them
Never lend them money
Never marry them
Never give them any responsibility

[Meb Faber @MebFaber]

If you're sad you didn't get a @SpaceX allocation, I passed on investing 24 times in the $100-200B range.

Not that I counted or anything.

[Barchart @Barchart]

U.S. M2 Money Supply hits new all-time high of $22.8 Trillion 📈🤑

[Chamath Palihapitiya @chamath]

completely lost in the news cycle of the day, but this is a great feat and jimmy and jeff housenbold (ceo of beast industries) deserves a lot of credit. jimmy has well more than 1B followers across all platforms and they are building disney 2.0

[Bark @barkmeta]

The Iran war “ended” the day before the biggest IPO in history, Trump’s birthday, and a UFC card at the White House.

What a coincidence. What timing. Wow.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Pakistan's Prime Minister Shehbaz announces that a final agreed upon text of a peace deal between the US and Iran has been reached.

"Pakistan is now working closely with both sides to finalize the next steps. Peace has never been this close as it is now," he says.

[Willem Middelkoop @wmiddelkoop]

BREAKING

Iran confirms deal

[First Squawk @FirstSquawk]

IRAN CONFIRMS US IRAN DEAL

#BREAKING

[Massimo @Rainmaker1973]

The tower of Jesus Christ in the Sagrada Família in Barcelona, illuminated for the first time.

[Drikus Combrinck @DrieksCombrinck]

Long Ag

[THE SIMPLIFIER @TheSimplifier7]

Distance below the average is a stretch reading. It tells you how far the rubber band is pulled. It never tells you when it snaps back, or whether it snaps back from here or from a lot lower.

The 2022 echo on this chart proves both halves. That stretch did mark the bottom of the whole bull, eventually. But gold sat below that average for months first, and nobody rang a bell at the low. The signal was never the stretch. It was the close back above the line, and it came long after the worst day.

So today's number is context, not a trigger. The trigger is plain: gold is sitting 50 dollars from the March low at 4,098. The close against that level is the verdict on the forced selling. The stretch just tells you the verdict is arriving fast.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: President Trump says "I love the inflation" and explains why after US CPI inflation rises to 4.2%.

Trump also announces that the US has been taking oil from Iran, including 22 ships of oil "last night."

[Ashlee Vance @ashleevance]

More than 70 pecent of the end-of-life lithium-ion batteries in the US flow through Redwood Materials to be recycled into their base elements. Redwood is now the largest Cobalt producer in the US, as a result.

We spent a day with Redwood's CEO JB Straubel to see the whole operation in action. https://t.co/IdadswB8Dl

[Danny @DjokovicFan_]

Interviewer: “Are you glad that Novak Djokovic exists?”

Nadal: “No. I like challenges but I am not stupid.” 😂