Independent thinking for complex markets and current events
Silver moon dream just hit a hard wall. SILVER CRASH: $83 to $72 in a Single Day! ⚠️ Silver just wiped out $550B in market cap, plunging 13% after hitting an all-time high. Here’s the breakdown 👇 🔸 The CME raised margins to $25,000/contract, forcing a mass exodus of leveraged traders. 🔸 Unconfirmed reports of …
by Michael It’s a bloodbath out there right now. On Monday alone, crypto investors lost about $200,000,000,000 in just 24 hours. Overall, crypto investors have lost about $800,000,000,000 over the last month. In this article, I want to try to explain why this is happening and what is coming next. You see, the truth is that the era of …
JPY moves are a strong sign Margin Calls keep hitting levered traders, collateral is being seized, but this time around clearly not dumped in the open market (maybe not dumped at all). The more banks and brokers are stuffed with illiquid assets the closer we get to a BTFP2.0 https://t.co/iGDIJBFNeA pic.twitter.com/p4c4JzZuef — JustDario 🏊♂️ (@DarioCpx) …
Florida is experiencing a substantial increase in Homeowners Association (HOA) fees, which has led to a surge in property liquidations. This situation is part of a broader national trend affecting millions of homeowners across the United States. New Legislation: A law signed by Florida Governor Ron DeSantis mandates that all condo associations in the state must …
“It’s A Disaster” – Japanese Stocks Suffer Biggest Point Drop Since Black Monday Japan’s benchmark Nikkei Stock Average on Friday recorded the second biggest daily drop in its history, as stocks extended losses following a sell-off in New York overnight. The index plunged to 35,909.70, down 2,216.63 points, or 5.81%, marking its lowest close since …
Over $170 billion wiped off cryptocurrencies as market tanks on Mt. Gox bitcoin payout fears Bitcoin’s price fell under $55,000 for the first time since February. At one point in time, the entire cryptocurrency market shed more than $170 billion in combined market capitalization in the last 24 hours. On Friday, the trustee for the …
https://t.co/HCatGtZb5A — McSqueezyTheCow (@McSqueezyTheCow) July 4, 2023