Loading ...LOTS OF “ANALYSTS” TRASH TALKING THE AI PHENOMENON WHICH IS LEADING THIS STOCK MARKET EVER HIGHER.MOST COMMENTARY SAYS THIS IS THE GREATEST BUBBLE IN THE HISTORY OF BUBBLES ( TULIP MANIA ON STEROIDS) YADADADADA
BUT AS RAMBUS ALWAYS SAYS …IGNORE OPINIONS…IT’S ALL…(THE SUM TOTAL OF MILLIONS OF OPINIONS)…. IN THE CHARTS
AIQ IS A LARGE AI ETF …BROKE OUT WITH TODAY …WITH A BREAKOUT GAP TO BOOT
The price action in Gold & Silver since my post yesterday, has been even better than I expected. Especially from the two leaders, NEM & HL. Hecla reports earnings after today’s close. While it wouldn’t be surprising if it has a quick pullback tomorrow after the strength today, it is just as likely that given their recent release about their drilling activity at their various mines, an upside explosion is not out of the question. Newmont also acts fantastic but one looking to get in should see a pullback over the next two days. Friday, is likely to display upside follow thru, which would be bullish for next week and beyond. As I posted yesterday, THIS IS IT!
“someone who has studied the best minds, filtered them through good values, and tested everything against reality. That person is the opposite of what the system produces. That person is the civilizational counter-move. Every such child is a small defeat for the Idiocracy and a small victory for everything this series has been arguing. ”
RINO Sens. John Cornyn and Thom Tillis have CAVED and agreed to advance Todd Blanche for US Attorney General, after grandstanding on a revenge tour
NOT SURE I UNDERSTAND ALL OF THIS …BUT IT SURE SOUNDS GOOD !
Bessent Is Not Reacting. He Is Forcing Bretton Woods 2.0, and getting out in front.
Bessent is emerging as the most consequential Treasury Secretary since Alexander Hamilton and much of the policy establishment still does not see it. This is not a random turn in markets. It is the long-delayed reckoning for decades of excess leverage, central bank overreach, and willful policy blindness.
The roadmap was written in Japan. Postwar growth, fueled by mercantilism and Bank of Japan-directed credit, was supercharged through window guidance and artificially suppressed rates. The result was predictable: a historic asset bubble followed by collapse.
What came next, zero rates, quantitative easing, and a permanent liquidity trap, was not bad luck. It was the logical endpoint of sustained market distortion. U.S. policymakers studied it, then repeated it after the Global Financial Crisis.
The United States drifted into its own version of secular stagnation. Now, that era is ending. Supply-side reform, deregulation, and pro-growth tax policy, set in motion under Trump, are colliding with a repricing of capital and the return of private markets as the arbiter of credit and interest rates.
The reality is unavoidable: the global economy is buried in debt. It cannot function with structurally high rates. Rates must come down, not to stimulate excess, but to allow the real economy to breathe again.
Enter Bessent. What he is executing, alongside the Federal Reserve, is not traditional yield curve control—it is strategic control of the long end. The 10-year yield is the fulcrum of the global system. This is not volatility. It is policy.
And it carries real risk: the rise in long-end yields and the yen’s devaluation are fault lines. The lessons of LTCM remain as relevant as ever. Bessent is getting out in front .
The Keynesian response is predictable, hand-wringing over Treasury-Fed coordination. But this critique rests on a false premise: that the Federal Reserve should operate in isolation from elected leadership and national economic strategy. It never has. It never will.
Bessent is moving with intent: cutting off the IRGC’s financial lifelines while managing the unwind of the yen carry trade. These are not isolated developments. They are coordinated moves to unwind distortions decades in the making.
This is Bretton Woods 2.0, not just a financial system, but a strategic one. Rules matter. Standards matter. The Clarity Act is not a side issue; it is a signal. The United States is writing the rules for the next era of capital formation, digital assets, and financial power. That some, particularly on the Warren left, fail to grasp this is not surprising, but it is consequential.
Bessent is not reacting to markets. He is disciplining them and in the process, redefining the system itself.
On
@SquawkCNBC
Secretary Scott Bessent
says there could be an Iran deal today or tomorrow to open the Strait, with “freedom of movement” and no tolls, with energy prices “settling back down” as thousands of ships move through, allowing fertilizer, energy, and other products to ship.
WEEKLY
DAILY
Cheaper and cheaper we go…
The price of artificial intelligence just printed a new low. DeepSeek’s V4-Flash, officially released Friday, costs roughly three cents to run through a standard battery of benchmark tests, according to San Francisco research firm Artificial Analysis. Moonshot AI’s Kimi K3 costs 86 cents; OpenAI’s GPT-5.6 Sol, $1.86; and Anthropic’s Claude Fable 5, the industry’s top-scoring model, $3.15. In realized terms, the Chinese model is more than 100 times cheaper to run than the American flagship, according to Reuters.
I PLEAD THE FIFTH LIKE THAT ASSHAT TONY FAUCI…3 MIN
It looks to me like long term the USD is pegged to the Yen, also the Canadian even the AUD and the NZD. The GBP and the EUR and CHS all go opposite.
The Dollar I believe has been pegged to the Chines Yuan (allowed to fluctuate very little) I assume to protect the US companies that off shored there.
https://finviz.com/futures_charts?t=CURRENCIES&p=m
The best read on manufacturing expansion in over four years!
“Economic activity in the manufacturing sector expanded in July for the seventh consecutive month… The Manufacturing PMI registered 55.6 percent in July, 2.3 percentage points above the June figure and the highest reading since May 2022
https://x.com/AmyMek/status/2084204204089037074
AND in Dearborn Michigan
https://x.com/realMaalouf/status/2084020406877336063
https://x.com/AmyMek/status/2084046586221600795
So has Europe finally arrived in USA????
Trump was STILL speaking outside.
Higgins: “We have other evidence, including specific observations of police officers Capitol Police and Metro entering rooms here in the Capitol in uniform and coming out as Trump supporters and construction workers.”
This wasn’t a spontaneous riot. This was coordinated.
https://x.com/17QStorm/status/2083998769947770949
3 minutes
More confirmation that theories are correct! Does Trump know this exists?
https://www.youtube.com/watch?v=fXBOi-hKaJw
CNBC: “On manufacturing — comes in much better than expected, 55.6%. That would be the best read in over four years, since May of ’22.
MANUFACTURING JOBS ALSO AT A 4 YEAR HIGH AND RISING
I’M IN TEARS
I’M SCREAMING
The Pennsylvania Department of State just conducted one of its biggest purges ever.
Democrats lost TENS of thousands of voters.
It’s happening — it’s actually happening.
Our work to clean the voter rolls is actually working.
Sunlight is the best disinfectant.
This is a massive, earth-shattering earthquake of epic proportions.
Wait until you see how close we are to flipping Pennsylvania
My heart sings a tune loudly for all to hear.
After this 6 month, tedious correction for gold and silver, this week should mark the turning point. It is likely to be a relatively narrow, range bound week for the PM’s ,but any surprises are more likely to be on the upside. My two favorites continue to be, NEM for Gold and HL for Silver. The next month or two could very well be a slow steady climb, but by year end, the old highs from late January will be approached and possibly exceeded.
https://x.com/AFpost/status/2083985238074564670?
An interesting observation – even if dictated by a judicial ruling………
He is accused of divulging NUCLEAR SECRETS and MISSILE locations.
https://x.com/Tironianae/status/2084012028222456112
3 minutes
The notion that India should shackle its economy by adhering to restrictive climate policies, while its people still grapple with energy deficits, is illogical and morally indefensible.
https://www.zerohedge.com/geopolitical/india-climate-cartel-count-us-out
Highroller lives down the road where a major fire has started along the lake. Usually the fires burn from West to East with the winds so hopefully he’s not affected. Highroller is all well?
PROMETHIAN ACTION…BRILLIANT
