Grok 4 will have the capabilities to find new physics in the next 2 years. It will be creating new technologies in the next year. image
This has been one of the most powerful short-term rallies in market history. image
₿ring the receipts. image
The chances are growing that our fiscal policy (spending) simply cannot be restrained by anyone or anything, and that creditors are going to realize this–and begin to price it into assets–that is starting now. Bitcoin and gold is REAL catastrophe insurance. The Exhibit 15 chart shows that the top ten stocks in the index make up nearly 40% of its total market value (and generate around 30% of its total earnings). Yet despite the all-time highs, only 5% of the index constituents are at all-time highs.
Total debt is the numerator in the ratio. GDP is the denominator. Dividing the same big number (debt) by a smaller number (GDP) would reveal that the debt-to-GDP ratio is already higher than 130% and our date with a fiscal and financial reckoning is sooner than we expected. In fact, it may have already begun. Thank God for Bitcoin.