A hub for independent voices and hard truths
by confoundedinterest17 I am anxiously waiting for the US inflation report tomorrow, so I am just looking at the US Treasury yield curve, mortgage rates and cryptos today. The US Treasury 10Y-2Y yield curve stumbled (just like Biden and Bidenomics) …
by confoundedinterest17 The good news (if true)? ADP announced that 497k jobs were added in June. The bad news? A 497k print on jobs (many seasonal, it is summer!) almost guarantees that The FOMC (Fed Open Market Committe) will raises …
Guest Post from Nick Giambruno via internationalman.com International Man: For over 2,500 years, gold has been mankind’s most enduring money. However, with the emergence of Bitcoin there is a new hard money option. How do you see the two as governments …
by confoundedinterest17 The US is Living La Vida Biden (living the Biden life!) Which means you are making millions if you are a political elite, but suffering if you live on Main Street. And regional banks (not the TBTF national banks) …
by confoundedinterest17 Fridays are always fun in the market. Bitcoin is up 3.23% as The Fed took a pause yesterday. Note that bitcoin and gold are moving together since March 2023 as the US Dollar deteriorates. And expectations of Fed …
BlackRock files for spot bitcoin ETF, with Coinbase as a crypto custodian$COIN $BTC https://t.co/Ey3DCRNayT — King Kong (@JGStockMarket) June 15, 2023 BlackRock files for spot bitcoin ETF, with Coinbase as a crypto custodian$COIN $BTC https://t.co/Ey3DCRNayT — King Kong (@JGStockMarket) June …
by confoundedinterest17 The Artificial intelligence (AI) boom is resulting in Nvidia’s stock soaring to 429.9. At the same time, Bitcoin (yellow), the US Dollar (blue) and Gold (gold) are declining. Of course, markets are dynamic and gold/silver are likely to …