Quote by Steve Jobs
Source: UpSkillYourLife @UpSkillYourLife
As pointed out by Wall St Mav, Rare earth metals are NOT rare. Plenty of sources around the world.
95% of the refineries and smelters that process raw ore are in China. Even if rare earths are mined in USA, it all needs to be shipped to China. Issue is that trying to build a smelter in the USA or Europe seems impossible these days. The environment litigation would take years. Hence the scarcity issue. Source: CNBC, Wall St Mav
The S&P500 is now up 71% and has hit 88 all-time highs since Michael Burry said ‘Sell.’
Source: Peter Mallouk
When geopolitical & socio-economic tensions rise, both people & nations turn to hard assets.
One big buyer in particular has been Beijing. China has been swapping Treasuries for gold for years, lifting reserves to over 74m ounces. 👉 This is a reflection of both state policy and popular sentiment: hedging against dollar risk, sanctions, and China’s own shaky property and stock markets. Source: Chamath Palihapitiya @chamath, Steno Research, Bloomberg
Gold is now above $4,000/oz, and who would’ve thought silver would remain this cheap relative to gold?
Source: Tavi Costa, Macro Trends
The United States has approved several billion dollars worth of Nvidia’s chip exports to the UAE, as per Bloomberg.
Nvidia is hitting all time highs. Source: The National News, it@amitisinvesting
Without data centers, GDP growth was 0.1% in H1 2025, Harvard economist says.
The US economy growth is a tale of 2 worlds with a "K-shape". On one hand, genAI / tech spending and upper income consumers. They are in great shape. On the other hand, all the rest (low/mid income, manufacturing, etc.). They are struggling Will deregulation, fiscal & monetary stimulus + low oil prices help to make growth more balanced? Or will it end boosting even more the upper part of the K???? How long can it last?
The Soros way...
Source: @qcapital2020
