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Want to buy a home?
1980: save for a couple years 2024: forget about it Source: Michael Burry Stock Tracker
Multiple times in history, the precious metals industry was considered the largest market among global assets.
Today, however, it has shrunk so much that it's almost a rounding error. Will capital start to flow back into this industry? If yes, the impact on prices could be substantial... Source: Crescat Capital, Bloomberg
🚨 A MASSIVE $1,250 spread between Coinbase and Binance for Bitcoin! 😳
Watch out below the BTC prices differential between the 2 exchanges a few hours ago!!! Coinbase is the most expensive place to buy BTC right now 💰 As supply dwindles, we're likely to see CRAZY spreads emerge! Great time for arbitrage and for hedgefunds !!! Source: InvestAnswers
FREIGHT RATES ARE RISING AGAIN
"No news (out of Gaza) is bad news for Shipping-flation Freight rates out of China are rising rapidly again and we are likely to see the pass-through to goods-flation in the West already in May/June". Source: Andreas Steno Larsen
China now settles half of its crossborder trade in renminbi, up from zero in 2010
• Rise in RMB use highlights sanctions-proofing strategy of Beijing and its allies, such as Russia • China's promotion of CIPS, its homegrown alternative to Swift, may support rise in RMB use Source: Agathe Demarais
NEWS: Bitcoin exchange reserves fall to an all-time low of 1.7 million 😳
Is a supply shock coming? Source: Coinglass, SimplyBitcoin
The cost of servicing US government debt is on course to surpass defense spending
Source: Bloomberg, Michael McDonough
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