D Whit retweeted
David Kotok: China, the Dollar and Bretton Woods 2.0 | theinstitutionalriskanalyst.…
D Whit retweeted
BREAKING: Total US debt officially hits $40 trillion for the first time in history.
That's $119,699 in US debt for every American.
This puts the total US debt balance up +$17 trillion since 2020 and +$30 trillion since 2008.
We are on an unsustainable fiscal path.
D Whit retweeted
The BoJ And The Fed Just Made Gold Obvious zerohedge.com/precious-metal…
I didn’t see any mention of @PTTungsten.
Bitcoin is the largest cryptocurrency by far too.
🚨 BILLIONAIRE RAY DALIO JUST LAID OUT HIS CONCERNS ABOUT BITCOIN ON THE ALL-IN PODCAST
And he is not dismissing it. He is sizing it honestly. teapawt.net/saylordocs/status/2062…
On privacy:
"Bitcoin does not have privacy. Any transactions can be monitored and then indirectly perhaps controlled."
On central banks:
"Central banks are not going to want to buy Bitcoin and be able to hold it."
On quantum:
"The development of new technologies like quantum computing... can there be issues regarding that?"
On correlation:
"It tends to have a pretty high correlation with tech stocks. If somebody gets squeezed on whatever else they have, those dynamics affect Bitcoin."
On size:
"It's a relatively small market that's relatively controllable. As money, it's small in relationship to gold."
Dalio is not saying Bitcoin goes to zero. He is saying the risks are real and the market is smaller than the narrative suggests.
Hard to dismiss when it comes from the founder of the world's largest hedge fund.
Relevant: finance.yahoo.com/news/cftcs…
This is NOT good!
The contrast between exchange/supervisory actions in Shanghai and Chicago is so stark - and scary.
17 suspensions of members at Shanghai Futures Exchange to 'close only' status and revised silver delivery priorities to exclude unhedged speculators.
No circuit breakers at all at CME in violation of their own rules, but also no investigation because CFTC now has ZERO enforcement lawyers in the Chicago office (normally 20).
Trade at your own risk!
barrons.com/articles/predict…
That's 3.165M troy ounces at a total cost of $247.8M.
BREAKING: 2,514 Silver Feb26 futures contracts have been issued delivery notices and all accepted for delivery already at the Comex 😳
That’s 12.5m oz right away in a usually low deliveries month
⚠️ Fun fact: $JPM was the SHORT bank that issued ALL the 633 notices on Friday
D Whit retweeted
The violent move in the metals is a symptom of a lot of hot money chasing price recently which now are being stopped out, leverage being unwound, and profit taking among many players.
The question everyone is asking now, Is this a well needed correction to reset sentiment or a first wave of a major top?
This morning’s action is seeing a consistent backwardation between London spot and March Silver Futures. Watching to see how metal is being transacted today and whether we are seeing physical buyers coming into the market.
I am rethinking about posting as much material on X. Have seen many others simply screen shot my post attachments and post it as their own. I put in time and effort to educate the community for free. Would appreciate it if others would simply repost my efforts.
$AG was smashed down in the afternoon yesterday.
D Whit retweeted
🚨US banks are now NET LONG COMEX silver futures!
They have reduced their net position from 145M oz short to nearly 4Moz long in only 5 months (~800 contracts), ignoring small options positions.
This is unprecedented.
European & other bullion banks quite short, holding the bag?
D Whit retweeted
#Silver SLAMMED Again on MASSIVE Volume, Just As it Was Breaking Above $59!!
Someone is absolutely DESPERATE to prevent silver from breaking out!!
