Reuters: "Investment flows into Chinese physically backed gold exchange-traded funds so far this month have exceeded those for the whole of the first quarter and overtaken inflows registered by U.S.-listed funds, World Gold Council data showed." reuters.com/markets/commod…

Just insane. BofA April survey: record increase in bond allocation, global equity allocation lowest since Jul'23, US stock allocation sees largest 2-month drop ever #Bears

Repatriation of US stock and bonds into gold.

A gift or a grift? And wait for the Trump walk back in 3, 2, 1…. (?)

NYT: Car factories in the United States also use automation, but much of the equipment comes from China. Most of the world’s car assembly plants built in the past 20 years were in China, and an automation industry grew up around them. Chinese companies also bought overseas

Crude oil versus Gold. Will this trend favoring gold last forever? No. Am I foolish enough to try to pick the bottom in this relationship? Also, no. SentimenTrader

⚠️HUGE sign Trump administration is targeting CAPITAL FLOWS: This is one of the clearest signals yet that the administration is preparing to eliminate the portfolio interest exemption (PIE) - effectively reinstating the 30% withholding tax on interest income earned by foreign

BoA's Harnett says worst performing asset YTD = oil (-12%), best performing = gold (21%), best performing currency = Russian ruble (+41%), best stock market = Poland (28%), both Tel Aviv & Tehran stock exchanges soaring to all-time highs…big geopolitics = big price action =

Mortgages will be in the 4s next year. Equities just getting started. Boom not gloom. Doubt at your own peril. Keep watching Thoughtful Money guests with Adam Taggart for horrible advice. He has some insightful guests at times, but at some point there should be accountability. Vast

Richest people in the world are the ones that have a spouse and children who love them the MOST. Some people are so poor all they have is money.

Don’t be naive. Venezuela isn’t some “independent” nation. We’re not sending 10k troops and 8 warships over drug dealers…. Trump is going after CHINA. Trump’s Venezuela offensive is a THIRD BLOW to Xi: Iran - Gaza - Venezuela. Just WATCH…

GOLD The current gold secular bull market tracking higher than the early-2000s move and lower than the 1970s bull. As we have said to clients for years, these secular moves go higher, and last longer, than investors expect. 3Fourteen Research

I sat down with Jordi Visser to discuss $TSLA robo-taxis, inflation, interest rates, and the U.S.–China trade dynamic. Jordi also shares how he’s positioning his portfolio, and what Bitcoin, gold, and market psychology reveal about where asset prices are headed next. Enjoy!

Households' Yearly Income * Top 1% = ~$659K * Next 9% = ~$359K * 60% to 89% = ~131K * 30% to 59% = ~$72k * 10% to 29% = ~$30k * Bottom 9% = <$17K Savings Rates by Income (thin recycled into financial markets) * Top 1% = ~38% * Next 9% = ~12% * 60% to 89% = ~4% * 30% to 59% =

From digital gold to anti gold

It is not often I read something that blows my mind, but this did. 🤯 I would highly recommend taking the 5 minutes to read it, and then an additional 5 minutes to pause and reflect to consider all the ways our world is about to radically change. h/t Matthew Pines

"Exhibit 2 reports expected AI adoption increases going forward. Our survey suggests that AI adoption among large US companies will rise from 37% today to 50% in one year and 74% in three years. This increase is consistent with other business surveys suggesting a ramp up in

Wow…only 5 days elapsed from the time I speculated this would happen eventually (reposted at bottom):

Not advice, nor a "recommended" trade. Just an example of one low dollar risk way to play if you merely want to speculate on a BMNR "pop."

Legacy media and academics often argue for two incompatible claims against new technologies, especially as they begin to succeed: 1. It’s a bubble. 2. It will ruin society. If it’s a bubble, then it’s fake and can’t ruin anything beyond speculator portfolios. If it’s going