This is where I talk about money, to help people understand the nature of the End Game of the monetary system and how to survive it.
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As we move down the inflationary End Game, the central bank owns a higher percentage of the bond market. The higher that percentage is, the more debt repayments become inherently deflationary.
And yes the Treasury will be the last to default, but that has no practical significance for the dollar.
And why I do not try to call tops, only accumulate more around bottoms, case in point the current reality.
And Jeff Currie of Goldman Sachs sounds like a bona fide gold bug now.
Daniel is right on all the details of the AI disaster, but he's wrong about one thing. The dollar will not survive an AI bailout. Instead, hyperinflation will reset everything.
Jacob Childress takes down dollar alternative crowd. There is no currency replacement for the dollar. Only money itself - gold and silver - will supplant it.
And we have a perfect trend line tag on the S&P priced in gold ounces.
And on the unstable nature of evil. The word for evil in Hebrew literally means unstable.
Moves I'm making today at the bottom for paid EGI subscribers.
And how much higher can long term bond yields go before central banks are forced to restart QE on the long end? Not much higher...
A gold flag is when stocks, bonds, and the dollar are all down but gold is up. They almost never happen in bear markets, and tend to happen near major bottoms.
Hormuz is at a complete standstill for the first time since the war broke out, and the 10Y yield is on the same uptrend since the all time low in March 2020.
Crunches and bottoming patterns are two separate things. Separate them in your mind and you'll feel more at ease.
