Independent thinking for complex markets and current events
Connecticut lawmakers have drawn a hard line against cryptocurrency, passing HB7082, a bill that bans the state from accepting, holding, or investing in Bitcoin or any virtual currency. The legislation, now signed into law, eliminates any government involvement in digital assets, cutting off state agencies from using crypto for transactions or reserves. The bill’s language …
Every single currency in the history of mank*nd has lost its value and eventually became worthless. Who would have thought that printing money — which is not pegged to any hard asset to sustain its value — into the abyss would ultimately lead to worthlessness. Gold going parabolic screams: hyperinflation ahead.#Gold #Silver pic.twitter.com/k4w7DwjBaD — Holden …
Another major safe haven currency has exploded higher, not just in early April but here in early May. It’s gone so far already the local monetary authority has had to intervene. Over in Switzerland, the country report zero inflation for April. Along with the similar behavior of the franc, the Swiss central bank is looking …
For at least 35 years, the monetary system has been telling us that the current era is coming to an end. That means a debt collapse, a currency collapse and a collapse of most bubble assets like stocks and property. THUS THE BIG SHORT! — Egon von Greyerz (@GoldSwitzerland) April 26, 2025 Quick reminder – …
You can feel it in the bond markets. You can see it in the headlines. But most of all, you can sense it in the way central bankers speak now. No longer with the confidence of engineers controlling a machine. Now with the anxiety of firefighters trying to contain a blaze. Global debt has crossed …
by Michael For many years, pundits have been warning us that the U.S. dollar would collapse. In 2025, it is actually starting to happen. The U.S. dollar hit a three year low against other global currencies last week, and on Wednesday the crash of the dollar resumed. Overall, the U.S. dollar is now down about 9 …
Central banks almost never say they intervene in currency markets. In a survey, half said they do. Central banks report they were likely to boost gold holding while none reported crypto holdings The 21st annual Central Banking survey, sponsored by HSBC, has revealed that currency market intervention by central banks is far more common than …
What’s unfolding in plain sight isn’t a glitch in the system—it is the system. Across the globe, nations are quietly buying back their own debt through central banks, a desperate move dressed in technical jargon. They call it liquidity support or balance sheet management. In truth, it’s a sleight of hand that robs the middle …
The ongoing increase in tariffs on Chinese goods by the United States has caused panic in the market. Investors are selling off Chinese assets, which is leading to an outflow of capital and a sharp depreciation of the currency. On the night of April 8th, the offshore Chinese yuan hit a new low, dropping from …
🇨🇳 is moving another step closer to make #Gold a currencySelf serving Gold ATM where anyone can bring in gold jewellery or items to turn it into currency in your bank accountHolding Gold is no different than holding foreign currencies in 🇨🇳 pic.twitter.com/YC65x4QHvW — David Lee (@DavidLe76335983) March 9, 2025
Watcher – US President Donald Trump has signed an executive order to establish a digital asset stockpile, according to a White House release. Indeed, the “crypto president” is delivering on his promise to Americans and crypto fans to prioritize the industry. Furthermore, the digital asset stockpile order directs departments and agencies to identify and make recommendations to the …
Yikes. So how can Japan keep their 10 year bond yield at 1.1% with their 30 year bond ripping higher? Their 2 year bond yield is .6% None of this seems sustainable Their currency will get trashed. https://t.co/zRpxIojQl6 — QE Infinity (@StealthQE4) January 15, 2025 And yet isn’t enough… JGB 30Y yield now rising to …
China’s yuan is hanging by a thread, the closest it has ever been to going over the government limit. Finally, even the mainstream media has caught on this has nothing to do with Jay Powell and the Fed. The bazooka has been utterly exposed. Not a good day in India to start the week. The …
"Ottawa Sharpens the Axe" Thousands of federal public servants brace for potential layoffs as Ottawa targets $15.8B in budget cuts. 🪓 pic.twitter.com/IsYAPpTBoa — Shazi (@ShaziGoalie) December 24, 2024 1/ RE/MAX predicts a 5% national price increase in 2025, with GTA real estate maintaining its strength. But numbers alone don't tell the full story. Let’s peel …
While everyone is hanging on the Fed and the FOMC’s indecision about how many rate cuts next year, there are currency crises – plural – beginning to break out in key places. One of those is Brazil where it has gotten so dangerous the country’s central bank is now regularly intervening in FX spot markets. …
The US Dollar is wiping out currencies worldwide. What a mess. Some type of dislocation is coming. Where and when? Who knows. https://t.co/okZ4Ritxou — QE Infinity (@StealthQE4) December 19, 2024 BREAKING 🚨: Brazil Brazilian Real plunges to its weakest level against the U.S. Dollar in history pic.twitter.com/Pcfv1rpdef — Barchart (@Barchart) December 18, 2024 August 5th …
China’s currency is not freely convertible, no common monetary authority, no large and liquid bond market and lack of legal agreements, US Dollar reserves are still nearly 60% of total with euro the next closest. More than 80% of global transactions take place in dollars due to the large, liquid US treasury market. BRICS currency …
“And tonight I’m also making another Promise to protect Americans from Government tyranny” “As your President- I will never allow the creation of a Central Bank Digital Currency” pic.twitter.com/h5jnTWyv10 — Concerned Citizen (@BGatesIsaPyscho) November 8, 2024
In this 1-hour, 20-minute conversation, Judy Shelton, who served as Donald Trump’s economic advisor, states, “I want the United States to lead if any currency adopts a gold backing.” Full conversation, here: GOLD TELEGRAPH CONVERSATIONS #1: JUDY SHELTON “I want the United States to be the leader if there's any kind of gold backing to …
JUST IN: 🇷🇺 Russia's President Putin holding a mock-up BRICS currency note as a symbol of "ditching the US dollar" pic.twitter.com/3fx0wOpjpc — Radar 𝘸 Archie🚨 (@RadarHits) October 24, 2024 BRICS officially adds 13 new countries to the alliance as partner countries (not full members): 🇩🇿 Algeria 🇧🇾 Belarus 🇧🇴 Bolivia 🇨🇺 Cuba 🇮🇩 Indonesia 🇰🇿 …
Russian President Vladimir Putin has said the time has not come yet for a common BRICS currency but added that the ten-nation bloc is exploring the use of digital currencies in mutual trade and investments for which his country is working with India and other nations. Advocating a cautious approach in creating a new reserve …
by Mike Maharrey Russia plans to introduce central bank digital currency for public use next year. This is another step forward toward a completely cashless society and a step backward for financial privacy. According to a press release from the Bank of Russia, digital rubles will be available to the public by July 1, 2025, and the …
Japan's Yen (black) is about to overtake Turkish Lira (blue) as the world's weakest currency in real terms. The weak Yen is a symptom of Japan's debt overhang, which makes it necessary to cap Japan's yields. This is what's pushed the Yen into a third-world devaluation spiral… pic.twitter.com/W92mfdd1Vv — Robin Brooks (@robin_j_brooks) July 4, 2024
One of the best quotes regarding economics & money IMO… pic.twitter.com/Pj4zqWlYXL — John Haar (@john_at_swan) July 2, 2024 During World War I and World War II, the UK indeed faced significant increases in its national debt. In 1914, the debt stood at £650 million, but by 1919, it had surged to a staggering £7.4 billion. Similarly, during World …
via crowdfundinsider: Project mBridge continues its development and has reached the minimum viable product (MVP) stage, while broadening its international reach. The project aims to explore a multi-central bank digital currency (CBDC) platform “shared among participating central banks and commercial banks, built on distributed ledger technology (DLT) to enable instant cross-border payments and settlement.” Project …
The yen seems to be slipping again. How long until the plunge protection team springs into action? pic.twitter.com/vqqqzfvCaw — Plumb Mad🇷🇺 (@Jimstonewall) June 18, 2024 また始まった🥲🤷🏻♂️ $JPY https://t.co/XcPGgy52CD — JustDario 🏊♂️ (@DarioCpx) June 18, 2024 🚨BREAKING: #Norinchukin loss for 2024 fiscal year expected to increase from ~7bn$ to ~9.5bn$ This number is aligned with the …
Chinese Yuan will become Russia’s main currency – Russian Central Bank The yuan/ruble exchange rate will now set the trajectory for all other currency pairs, including the euro and dollar, the bank’s statement said. Meanwhile, in many Russian banks there are no dollars available for purchase, Russian media report. People line up by banks and …
IMF CALLS ZIMBABWE'S SWITCH TO A GOLD-BACKED CURRENCY AN "IMPORTANT" STEP (Pindula) The International Monetary Fund (IMF) welcomed Zimbabwe’s introduction of a new gold-backed currency, the ZiG, as an important step. In an emailed response to Bloomberg questions, a spokesperson… pic.twitter.com/plfEbNZa1u — FXHedge (@Fxhedgers) June 4, 2024 Zimbabwe recently rolled out a new gold-backed currency …
"Victory on inflation" Core PCE accelerates as government continues to print currency. pic.twitter.com/hxtOp0XAYl — Daniel Lacalle (@dlacalle_IA) May 28, 2024 The acceleration of Core PCE (Personal Consumption Expenditures) coupled with ongoing currency printing paints a grim economic picture. As the government increases its monetary supply, inflationary pressures intensify, impacting everyday consumers and eroding purchasing power. …
