Bitcoin proves it is not a safe haven asset. Investors begin rotation from Bitcoin to gold. Bitcoin is the white whale and Michael Saylor is Captain Ahab. Anthony Pompliano wants your cash, not your Bitcoin. Gold investors spooked by suggestion of a possible discussion to potentially think about talking about
Dollar falls towards new lows. Inflation fears become more widespread. Wall Street beginning to realize there’s no political solution to inflation. Bitcoin following risk stocks lower, as inflation hedges like gold and silver rise. Fearing 2% inflation, Bitcoin investors lose 34% on their hedge. Bitcoin staring at enormous head and shoulders
Oil prices pump. Bitcoin prices dump. Gold prices shine. US leads world in over-valued momentum stocks. Tucker Carlson talks inflation. Windows look like nails to the Fed’s hammer. Soaring inflation outweighs record lows mortgage rates. Manufacturing decreases in April. Economic statistics point to stagflation.
CPI numbers shock expectations. Biggest monthly gain in CPI since 1981. Gasoline supply chain disrupted by ransomware hack. Price gouging alleviates shortages. Unemployed workers shouldn’t be picky. Disincentivizing people from jobs is not good for the economy. Dogecoiners buy the rumor and sell the fact on Elon Musk SNL appearance.
Huge misses in jobs numbers. Biden’s Blue-Collar Blueprint to build back better will be another big bureaucratic blunder. Jobs report is more evidence the Fed’s policies aren’t working. Weaker labor market means stronger inflation. Dollar decline will accelerate. Strong week for gold and silver with more strength ahead. Investors continue
Inflation concerns increase along with commodity prices. Trade deficit will fuel inflationary spiral. Government reclassifying our rights as privileges so they can take them away. Supreme Court sets precedent for the federal government to start seizing property. Americans need property rights, not property privileges.
Markets, gold, bonds, oil end April up; US dollar down. Investors may “sell in May and going away.” More than one third of US household income is now coming from the government.
New record high in S&P and Nasdaq. New record high in monthly trade deficit. New record high in shipping containers falling off ships into the ocean. Powell not worried about increases in the cost of living. The middle class created labor unions and then, like Frankenstein’s monster, the unions turned
Jeff Gundlach sounding a lot like Peter Schiff again. Biden’s American Families Plan extends entitlements to child care and sick leave. Covid policies created multiple layers of unemployment fraud Government wants to pick winners and losers in the economy. IRS going after business owners with new increased auditing budget. Presumption