The YTD performance of gold is the best since 1979
Source: Augur Infinity
Donald Trump has called for US companies to stop reporting quarterly results
He added that a shift to publishing figures twice a year will save them cash and allow executives to focus on their businesses. The US president issued his call in a post on his Truth Social network on Monday, contrasting standard practice in the US with what he depicted as China’s more long-term approach. Most publicly listed US companies are required to file quarterly and annual financial filings with the Securities and Exchange Commission, known respectively as 10-Q and 10-K disclosures. “Subject to SEC Approval, Companies and Corporations should no longer be forced to ‘Report’ on a quarterly basis . . . but rather to Report on a ‘Six (6) Month Basis’,” Trump said. “This will save money, and allow managers to focus on properly running their companies.” Source: FT
$GOOGL JUST JOINED THE $3T CLUB ALONGSIDE $MSFT, $AAPL & $NVDA
Source: Shay Boloor
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
