BTW, this was Peter Theil's vehemently expressed view too--before he started injecting himself with twink blood and obsessing about the anti-Christ

Old enough to remember Joe Kernen and Eric Cantor yanking each other in 2010 about how the Fed's response to the GFC was only going to make things worse and the fiscal response of the Obama admin was way too large and would do nothing but crowd out the private sector

Me: Investire in borsa Wife: investire in borse

I have thoughts

Torri, Tortellini, e Tetti

Due su tre. IYKYK

I just wanna know how many times they had to change Kernen’s Depends this morning

Mattina in piazzetta

This is a Starbucks in Italy.

IYKYK

Who needs a drink?

Wine rec. Sicilian Syrah. Robust. Excellent value. @fearlicious.bsky.social

Weekend

Their cynicism makes them gullible. The cognitive dissonance is just an ex post facto defense mechanism to protect their worldview.

China buys gold. The US buys pesos. We are not the same.

Weekend

Moral Hazard loves Argentine banks. #GIK

Malagasy names are the best

crypto is for scamming, gambling, and hiding money

Gold since the big breakout:

“He begged us for it. Begged like a dog.” — Nobel committee member

Who needs a drink?

The Nobel committee explained that the award is about courage and integrity.

Buy or sell?

Good news for Anti-Christ aficionados

Would make total sense for gold to pop its head up thru 4k, exhaust the bulls, then fall back below 4k and into a more serious bout of profit taking.

The contest for the highest gold price forecast for 2026 is about to begin. Buckle up.

Gaza cease fire announced today. Nobel peace prize to be announced tomorrow. Not a coincidence. Doesn’t bode well for whatever deal they’ve slapped together.

Big dollar is down 10% since Trump's inauguration and gold is up 50%.

For those of you wondering what I look like IRL, here’s a recent pic

The gold price action at this point is simple: Asset managers, reserve managers and pension managers around the world have concluded the US has become less reliable, and they hold too many $. Given the dearth of alternatives, managers are slowly diversifying into gold. But the gold market is tiny.

Gold the anti-Trump asset. Ironic.

“Who was president in 2020?” is the question of our time

Fresh interview. ICYMI x.com/timgraf/stat...

The frog of war

Even a very small amount of diversification out of the dollar and dollar assets can represent massive inflows for the markets these funds flow to. This is a point that I think doesn't get enough attention. After all, this game is about flows and absorption elasticities.

Comfort food for Punjabi truck drivers in the Central Valley fully lived up to its promise.

BREAKING: Nikkei rallies massively on the back of a higher discount rate

Pup got her swim in tho

GM

Weekend

Whenever someone says something was a "zirp phenomenon" they have no idea what they are talking about

Live shot of the gold market. $GC_F $GLD

The dogs of the dow enjoy ample liquidity

Bengals. IYKYK.

Cody’s having his best day ever. Just like tomorrow.

Weekend.

J’enpoche, donc je suis… …en prison