"The more you learn, the more you'll earn." — Warren Buffett
Source: Value Theory @ValueInvestorAc
JUST IN: Elon Musk says DOGE is investigating federal workers with low salaries but high net worth.
"There are quite a few people who have a salary of a few hundred thousand dollars, but somehow manage to accrue tens of millions of dollars." DOGE Source: @Mr_Check_Crypto
Are we still early in this gold bull market?
Source: Crescat Capital, Bloomberg
ELON IS IN THE OVAL OFFICE AND WARNS: "IT’S NOT OPTIONAL TO CUT FEDERAL SPENDING—IT’S ESSENTIAL".
Elon said he wants to add "common sense controls" to the government, adding they haven’t been present. He says taxpayer dollars must be spent wisely. It’s just common sense, he says, not "draconian." Source: CBS, Mario Nawfal on X
I asked ChatGPT the potential savings if the Department of Government Efficiency (D.O.G.E.) was implemented across the European Union.
Here's the answer: MORE THAN A TRILLION EURO PER YEAR (Fyi, the EU budget deficit is around 500 billion euros).
Bitcoin seasonality: coiners ready for a bull run ???
Source: @AlmanacTrader
As highlighted in a post by Spencer Hakimian on X: The United States has a $66B 10 Year Bond from February 2015 coming due tomorrow.
It had a 2.00% fixed coupon. It is going to be replaced with another $66B 10 Year Bond, but this time, with a 4.55% fixed coupon. This one single rollover will add an extra $1.67B per year to the national debt for the next 10 years. Bond auctions like these are happening every single day. After a decade of ZIRP, all of that debt now costs taxpayer money. No surprise that gold and bitcoin have been going to the roof Soruce: Bloomberg, Spencer Hakimian on X:
⚠️Retail investors have never been more EUPHORIC on US stocks:
Mom-and-pop investors bought a record $12 BILLION equities in the 1st week of February 👇 Roughly 70% went to Magnificent 7 ‼️ 🚨 Meanwhile, institutional investors have been selling over the last few weeks! Source: Global Markets Investors, JP Morgan
