GateUser-272e4d07

Great article for deeper context on today's events in Venezuela 👇

The AI overlord has spoken

You know you're fucked when even Nancy is coming after you

Silver is close to a local top, had an uber driver ask me about it the other day and a few friends who don't trade

US DOLLAR down 10% this year You can't afford to not understand markets as a millennial or zoomer The world has forced this situation on us. You must also be a savvy investor or you're not gonna make it Own hard assets (Gold, Bitcoin), don't save in fiat currency Another

BTC/SILVER about to hit multi-year trendline Not saying it'll bounce but would be funny if it did

Gold is at a crucial potential rotation point against the S\&P but likely continues to outperform against the Nasdaq

If we follow the multi-year trend line on BTCUSDT/GOLD and BTCUSDT/SILVER, they tell us: BEST CASE SCENARIO \>Silver chills soon \>Gold has last rally into Jan \>Market then slowly rotates into BTC This is best case for BTC imo, could be worse and those trend lines don't hold

Wonder if some news is coming that's pro BTC and he's front running

The US Dollar is being replaced by Gold as the dominant global reserve asset. Gap between FX reserves held in dollars vs Gold is closing rapidly This is actually good for the US as a weak dollar will allow them to onshore manufacturing again and decrease reliance on China

Next chart shows how AI is projected to hit that ceiling by 2030, credit @LukeGromen

The grid capacity of US vs China isn't fully priced into the AI trade There's still very much a narrative that the US will 'get it together' but it seems its too late Stocks likely hit a ceiling as energy hits a ceiling in the US since energy is the bottleneck for mag7

$BTC is breaking down further against Gold Looks like the trade of Long PMs and Short Crypto will continue to hold for now

Seems like the next logical path for SOL and HYPE HYPE/BTC chart is the ugliest chart I can find rn

It's looking like PMs will continue to outperform BTC until end of Q1 Long: Gold/Silver Short: Bitcoin miners, semis

I miss 2020-2021 when jpegs of animals sold for millions

I think about this daily

The realest post you'll read today about how companies actually operate Tick the box, get promoted, politics ☑️ ESG ☑️ DEI ☑️ AI

If you're in crypto, this is the most important chart December/Jan monthlies need to reclaim the 50 SMA If not we're going to get another year of Gold/Silver outperformance as price bleeds toward $172

$NUGT looking like it wants to at least test $225 multi-year highs And likely punch through If monthly closes green I think this happens If it closes red, it's a gold top imo