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Ken Griffin says investors are flocking to gold and ditching the dollar to “de-risk their portfolios from U.S. sovereign risk.”
Source: Bloomberg
Crypto saw an inflow of nearly $6 Billion last week, the largest weekly inflow in history 🚨🚨
Source: Barchart, Coinshares
Silver’s approaching the level that destroyed it twice
1980 → down 90% 2011 → down 71% Will it be the breakout of a lifetime or another déjà vu? Source: Katusa Research
From the FT article on “Labour markets stuck in a ‘low hire, low fire’ cycle”:
“Labour markets in many leading economies are freezing up as uncertainty over trade, tax and artificial intelligence causes employers to put off hiring and firing and employees to stick with their jobs.”
The S&P 500 is up more than 100% since 2020
But the index is actually down 88% when priced in a hard asset like bitcoin. Source: Anthony Pompliano 🌪@APompliano (H/t @philrosenn)
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