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"Bitcoin's probably going towards 10,000, and we need to get MicroStrategy Saylor stopped out. There's only one thing that matters for him right now, Bitcoin has to go up" Mike McGlone on why crypto is in a severe bear market that's just getting started "Cryptos are in a severe,...

167,527 görüntüleme • 8 gün önce •via X (Twitter)

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Former BlackRock fund manager Ed Dowd: "The metals are telling you that there's uncertainty out there and a lack of trust... [and] that gold and silver are going to be part of the new monetary system... [so] gold and silver are the trade and not Bitcoin so much." This clip of Dowd (Edward Dowd), who is also the founder of Phinance Technologies, is taken from a discussion with Michael Farris (Michael Farris) posted to YouTube on January 13, 2026. ---------------Partial transcription of clip--------------- "The metals are telling you that there's uncertainty out there and a lack of trust. I think the big, the moves in gold and silver are really discounting a lack of trust and fear of what is coming and what it's going to look like. And, and also it's also telling you that gold and silver are going to be part of the new monetary system. "And Bitcoin, interestingly enough, has stalled out. It's down 20% since October, the high in October and Bitcoin is barely up today. So, you know, there was always this thesis around Bitcoin that when when there's a new monetary system comes, it's going to, it's going to be protection against, you know, any of that kind of uncertainty. It's increasing. It's becoming increasingly obvious to me that gold and silver are the trade and not Bitcoin so much. "And Bitcoin, unfortunately, is very highly correlated to the Nasdaq and it's disconnected from the Nasdaq. The Nasdaq and Bitcoin have disconnected temporarily. Generally speaking, they're highly correlated. So what does that say? Does that say Nasdaq is going to catch up down to Bitcoin or is Bitcoin going to rally back up? I think that the Nasdaq is going to go down to bitcoin. So that's where we are."

Sense Receptor

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Chamath and Larry Summers Debate the Market Reaction to Trump's Tariffs Lawrence H. Summers: "If this is such a terrific thing, why do markets think it's so terrible for the American economy?" "Maybe the market's just completely wrong ... but the job of markets is to look forward." "It's to look passed the immediate." "It's to see what the long run consequences are going to be." "And markets are making a pretty devastatingly negative judgment on this step." Chamath Palihapitiya: " Larry, that's not true." " So let's just establish a couple facts about 'the markets.'" "Number one, there are two markets and they behave totally differently, and sometimes inversely to each other." "There's the stock market and there's the bond market." 1) Stocks: mean reversion "With respect to the stock market, what they are debating, and you're right Larry, is what is the effective long-term rate of return a dollar needs to generate in order to pay me back that dollar?" "That is what the fundamental stock market does." "And what we've seen for many years with trade imbalances, trade deficits, and close-to-zero interest rates, of which more of that happened under Democrats than Republicans, we have allowed the stock market to inflate past historical averages." " What we've actually seen happen in the last week is what most people would call mean reversion." "The stock market is still way above where it was last year, two years ago, three years ago." "What has happened is that the forward multiples have compressed. So that's number one. That's a fact." 2) Bonds: it's possible a major trade blew up "And then with respect to bonds, what we are seeing now is there are two very complicated issues." "In the last two days, we saw one part of the bond market totally get out of whack." "And what we know is that the yields changed materially in a very acute way, which is atypical of how the bond market typically digests a philosophical change in approach to policy." " What we heard in the last 24 hours is a lot of this move may have been attributed to an enormous levered bet on US treasuries by a Japanese hedge fund." " It will take three, and four, and five, and six weeks for us to really know." 3) Private credit: something to watch closely " Separately, what we do know, though, where the structural complexity of the market — and this is where, Larry, I agree with you — is acute and important to observe is in the credit markets for private companies." "And that is where you have to pay a lot of attention."

The All-In Podcast

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“ One of the greatest philanthropic gifts in the history of humanity”: $6.25B to fund investment accounts for 25M American kids 🇺🇸 @jason: “ This is one of the greatest philanthropic gifts in the history of humanity.” “People have just kind of glossed over it because there's a lot of big numbers in the world, but we're talking about you and Susan sat down and said, ‘We're gonna give a number.’ And that number was $5, $6, $7 billion.” Michael Dell 🇺🇸: “It's $250 to 25 million children, ages 2-10, in zip codes where the median income is $150,000 or less. It’s $6.25 billion.” Brad Gerstner (Brad Gerstner): “This is Social Security 2.0. This is the biggest change to the social contract in America in 50 years.” “3.7 million kids a year will get an account that can compound. It's a 401k from birth.” “And yes, we're going to have a lot of announcements, but it's not just billionaires.” “It's going to be companies that are donating stock on their IPOs into these accounts, it's going to be wealthy people, it's going to be states, it's going to be moms and dads, it's going to be corporations.” “And the estimate is over 15 years, we can move $5 trillion into the pockets of families that would've otherwise had zero.” david friedberg: “If this $5 trillion moved through government programs, it would get incinerated.” “That's what we see happen. There's just a million crony structures that take it away and destroy it.” Brad: “And it unlocks the human potential. It's not just the money. ‘It's that ‘I'm in the game. I have a shot.’” Michael Dell: “Invest America, it’s not a red idea or a blue idea. It's a red, white, and blue idea.”

The All-In Podcast

66,341 görüntüleme • 3 ay önce

Jason Day was asked ahead of The Masters whether he has any empathy for what Tiger Woods is going through and he gave a brilliant answer that a lot of people can probably agree with: “So yeah, in regards to Tiger, it just shows the human element and the human side of someone that is struggling with some sort of an addiction. He's not immune to it just because he can hit a golf ball really well. He's had 25 to 30 something surgeries, and when you're going through that many procedures, it's painful coming out of those procedures. I've had procedures done and I typically try and stay away from all that stuff because I just know that -- painkillers, there can potentially be a downfall to it. “Granted, when I look at that, I look at it and go, he's just a human being like everyone else and we have struggles. It's unfortunate, the only thing that I don't understand is that it's a little bit selfish of him to drive and put other people in harm's way, as well. “But when you're the player that he was and how strong-willed he is, he thinks he can do almost anything, and that's probably why he's probably driving and a little bit under the influence. “He was my hero -- he's my hero. He was my hero growing up. The reason why I play golf is because of this tournament and Tiger. It's hard to see him go through what he's going through, and especially under the microscope that -- it must be hard to be who he is and have everything, everyone look on, kind of down on him. “Some people want him to fail. Some people obviously want him to succeed. It's really difficult for me to go through that and watch him, and I know that he's getting the help now, which is good. I'm just hoping he comes out on the other side and is better.” Well said. Jason Day The Masters

Flushing It

502,885 görüntüleme • 3 ay önce