Someone just shilled me this meme coin:
- 34 trillion supply
- No supply cap
- 1 node
- 25% of supply minted in the last 6 months
- 1% of holders own 30%
- Backed by the U.S. government
$UX1/GOLD broke down from falling wedge from back in feb , formed smaller wedge below. If breakout to gold, expect rally in U stocks. Bullish divergence👇
@BULLReturns $AEE is a good one for that, with lotus having a larger market cap and the way they are signing contracts at fixed prices the upside is limited.
The most important chart of the 2020's. If you never want to work another matrix job in your life again. Understand this 👇A global paradigm shift is underway.
The world is about to realise that Louis Vuitton, Gucci and Dior are just rebranded Shenzhen factory products.
The luxury illusion is about to collapse.
What a time to be alive.
Too many are stuck in the 2008 or 2020 playbook.
Bonds are in a secular bear market.
This was not the case in 1929, 1937, 2000, 2008 or 2020.
For a huge chunk of the 1970s, Precious Metals were inversely correlated to Stocks and Bonds.
Bonds have lost their safe-haven status to Gold. Money that normally buys Bonds is buying Gold.
The same happened in the mid 1960s, first to gold stocks (only way to own Gold then) and then Gold after 1971.
The 2008 Boogeyman has conditioned everyone and their dog that there has to be some big decline before precious metals can go higher.
This isn't 2008. It's actually worse because both Stocks and Bonds are in a secular bear. Just like 1966-1982.
And that means its better for Gold, Silver and other hard assets.
Two years ago, John Borshoff slammed juniors for rushing into offtakes to feign confidence. While $DYL & $BMN get flak for not advancing FID, they’ve shown real supply discipline: no lowball contracts, no commitments. Just full upside exposure. And yes, the market will tighten.