Nicely put by Matthew Yglesias on X as another example that just owning index funds is often the wiser investment decision.
Source: Matthew Yglesias on X
Do you agree with Milton? 🤔
Source: Barchart
Interesting theory...
The Shanghai Gold Exchange (SGE) has activated two overseas vaults—one in Saudi Arabia, the other in Hong Kong—marking a direct expansion of RMB-denominated gold trading beyond mainland borders. This move represents a strategic move to enhance China’s gold trading infrastructure and strengthen the SGE’s role in global gold price discovery. These aren’t symbolic moves. They’re operational. They’re live. Source: Alasdair Macleod @MacleodFinance
Action, behavior, and knowledge
Source: Mind Essentials on X
J-C Parets on Lithium:
"Lithium is the bridge commodity - connecting cyclical reflation with structural demand. EVs, battery storage, datacenters, renewable energy - these aren't optional trends. They're structural. Lithium demand doesn't go away because the economy slows for a quarter. When capital rotates back into lithium, it tells us that the forward-looking, technology-driven demand story is aligning with the cyclical reflation story that gold and copper already flagged". Source: J-C Parets
Growth is the best long-term predictor of a stock market winner
Source: Invest In Assets 📈
Apple on the verge of forming a Golden Cross for the first time since June 2024
The last one sent $AAPL soaring 21% over the next 6 months. Source: Barchart
In case you missed it...
According to NY Post, banking giant UBS is ramping up its threats to leave Switzerland and set up shop in the US — a radical response to Swiss regulators who have proposed onerous new capital requirements on the financial behemoth. Source : New York Post
