Strategic Bitcoin Reserve legislation is gaining momentum.
11 states, including Florida, Wyoming, and Massachusetts, have introduced bills to secure Bitcoin as part of their state reserves. Source: TFTC @TFTC21
G7 vs. BRICS - Global GDP
Source: Barchart, Visual Capitalist
The year 2025 begins with a new president taking office, a ceasefire in Gaza, and wildfires causing extensive destruction in Los Angeles - all within the first month.
So, what can we expect from the rest of the year? This graphic, via Visual Capitalist's Bruno Venditti, presents predictions for 2025 on various topics, based on a survey conducted by Ipsos between October 25 and November 8, 2024, in the United States. Source: Visual Capitalist
Gold is shining: Gold's global market cap to world GDP ratio reached a RECORD 16.7% in 2024.
This ratio has doubled in 10 years and quadrupled since 2001. Nominally, gold’s market value sits near an all-time high of ~$18.5 trillion. This comes as gold as posted an average annual return of +9.5% since 2000, making it one of the best performing major asset classes this century. Since the start of 2024, gold prices have hit 41 all-time highs and are up +33%. Source: The Kobeissi Letter
Three years ago, you could have invested in $INTC at just 14x forward earnings or $NVDA at 45x forward earnings.
The returns: $NVDA: +503% $INTC: -55% As Terry Smith said, "Owning good companies is more important than owning undervalued companies." Source: Wolf of Harcourt Street @wolfofharcourt
Trump Day 1
Source: Trade Brains
Some very suspicious activity on $TRUMP meme when it was launched on Friday.
At 6:00 PM ET, President Trump says "I don't know very much about it" regarding his memecoin, $TRUMP. 3 minutes later, at 6:03 PM ET, $TRUMP fell over -33% and a wallet purchased $5.09 MILLION worth of it at the EXACT bottom. This is one of the biggest single purchases since the coin launched. 14 minutes later and this trader is now up $2.4 MILLION on this purchase. Did someone know? Source: The Kobeissi Letter
Signs of the time... German Chancellor Olaf spoke in front of a half-empty congress hall at wef25 in davos.
Source : @schuldensuehner on X
