1/ Powell today: “Equity prices are fairly highly valued.”
Translation: The Titanic is “fairly wet.” 🚢💦
#Fed #Stocks
Translation: The Titanic is “fairly wet.” 🚢💦
#Fed #Stocks
2/ Buffett Indicator just hit 217%.
That’s not “fairly high.” That’s “historic bubble territory.”
But sure, call it fairly. 🤡
#BuffettIndicator #Markets
That’s not “fairly high.” That’s “historic bubble territory.”
But sure, call it fairly. 🤡
#BuffettIndicator #Markets
3/ Total US Market Value = $65.47T
Annual GDP = $30.15T
Ratio = 217%
But hey, it’s just slightly inflated — like a zeppelin before the Hindenburg. 🎈🔥
Annual GDP = $30.15T
Ratio = 217%
But hey, it’s just slightly inflated — like a zeppelin before the Hindenburg. 🎈🔥
4/ When Powell says “fairly highly valued,”
read: we know it’s insane, but we can’t say the B-word (bubble).
#FedSpeak #Silver
read: we know it’s insane, but we can’t say the B-word (bubble).
#FedSpeak #Silver
5/ If equities are “fairly” valued at 217% GDP…
then silver at 217% of fair value would already be > $100/oz.
Let that sink in. 🥈🚀
#SilverSqueeze #StackSilver
then silver at 217% of fair value would already be > $100/oz.
Let that sink in. 🥈🚀
#SilverSqueeze #StackSilver
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