1/

You can’t put out a physical fire with fuel.
That’s what’s happening right now in paper metals markets.

The system is responding to insurmountable real-world constraints with more credit, and it’s making the imbalance worse, not better.

$silver $gold $platinum $palladium $repo 2/

Silver broke out in late September and accelerated through October, November, and December.

That move matters, because it lines up exactly with when repo activity began to ramp.

This timing is clean an impact obvious.

Gold is becoming money again.
And you can’t easily tax money.

That’s the quiet shift happening behind gold’s Tier 1 reclassification.

Let’s break down the tax implications—because they’re bigger than most realize. /1 When gold becomes a fully a Tier 1 asset globally under Basel III in July, it joins the ranks of sovereign bonds and fiat reserves.

In short: gold is now officially part of the monetary system again.
/2

Gold is quietly being re-monetized—and most people don’t see it.
Here’s what’s happening, why it matters, and why it’s not priced in.

This is for anyone who understands markets, but not the monetary architecture behind them.

/1 Most people think gold is just an inflation hedge.

They’re missing something bigger:
Gold is becoming Tier 1 collateral again.

And that changes everything.

/2

1/

Why Trump’s Tariff Strategy Isn’t Just Smart—It’s National Defense
and why @RandPaul @tedcruz @RepDonBacon are dead wrong trying to gag his executive power & block him 2/
@RandPaul @tedcruz @RepDonBacon
you send polite letters, follow legal process, wait 3 years for answers to problems that need action in 3 weeks

voter fraud? ignored
BLM riots? Ignored
immigration catastrophe? Ignored

NGO funding of the above? Ignored

you think marxists respond to civility—they don’t!!

@realDonaldTrump brings pressure that forces marxists back in their holes

Lambs to slaughter - just like the #covid1984Operation the lambs have been led directly to slaughter as they steered markets as high as possible into an engineered crisis and there is the least money on sidelines in history despite what linear extrapolations like @fundstrat and many others are saying while in the biggest bubble in market history $SPX $NDX $INDU $COMPQ $ES_F $SPY $DIA IN FACT MARKETS ARE LIKELY TO GO INTO A DOOJM LOOP where 1/3rd of the $43 trillion US indexes is held in 7 stocks

1Microsoft (MSFT) - $3.358 trillion
2Apple (AAPL) - $2.847 trillion
3NVIDIA (NVDA) - $1.963 trillion
4Amazon (AMZN) - $1.813 trillion
5Alphabet (GOOGL) - $1.798 trillion
6Meta (META) - $1.239 trillion
7Berkshire Hathaway (BRK.B) - $900.82 billion

1/

The May PCE Price Index (YoY) in the US, at 3.8% (Est. 4.6%, Prev. 4.3%), reveals the extent of the economic challenges we face.

However, it's crucial to understand the implications correctly, as they are quite different from what the bullish market reaction assumes.

$SPX… twitter.com/i/web/status/1… 2/ Contrary to common belief, this significant reduction in consumption spending does not indicate dropping prices after an inflationary spike. In reality, when people observe lower prices, they tend to increase their consumption rather than decrease it.

For instance, imagine a… twitter.com/i/web/status/1…

/1 The $VIX Decline
#equity MARKETS DECLINED
$VIX DECLINED
What is going on?

Liquidity Problem
LIQUIDITY PROBLEM
Just like the buyback charts I have been posting that show there is a liquidity problem...

Overloaded Participants
Participants were overloaded with $VIX contracts… twitter.com/i/web/status/1… /2 Selling and Unrecoverable Losses
Those with enough capital left SOLD THE FRONT MONTH CONTRACT AND ROLLED TO THE NEXT CONTRACT...
Those whose $VIX contracts represented unrecoverable losses sold price indiscriminately...