X @PlanB

Market Trends & Investment Opportunities - Gold experienced a 95% increase since October 2023, contrasting with its flat performance between August 2020 and October 2023 [1] - Bitcoin has surged by 313% since October 2023, mirroring gold's upward trajectory [1] - The market recognizes the sovereign debt bubble is reaching its conclusion, driving capital into hard assets like gold and Bitcoin [4][6] - Trillions in capital are fleeing sovereign debt into gold and Bitcoin, suggesting the trend is closer to the beginning than the end [6] Sovereign Debt & US Treasury - The US Treasury tacitly admitted in October 2023 that it could no longer fully fund budget deficits with regular long-term debt issuance [2] - The US has been increasingly funding deficit spending with short-term treasuries (T-Bills) due to investor preference [3] - Shifting debt issuance to short-term T-Bills was an admission that there's not enough demand for long-term treasuries [4] - Continued sales of standard amounts of 10, 20, and 30-year bonds would increase government bond yields to unsustainable levels [4] Risk Factors & Potential Catalysts - A sudden currency devaluation is a historical consequence of sovereign debt issues, favoring hard assets [5] - The next catalyst for Bitcoin is the same one that added $9 trillion to gold's market cap in less than 2 years [5] - Currency devaluations happen suddenly, and holding assets that cannot be seized or debased is crucial [6]