Yes, you could trade bonds, you could trade stocks, you could trade real estate. I just think Bitcoin's gonna go up the most. >> It goes to right now AI sector.When does it get to Bitcoin. >> It's already gotten to Bitcoin. Look at the price performance over its history.The money has been created. We know that since 2009. And Bitcoin has been the best performing asset in human history.So, I think it's, you know, we've proven that there's a there's a connection to this phenomenon. Yes. Maybe if you bought Bi ...

Core Insights - The abandonment of the gold standard in 1971 led to a significant increase in the money supply, resulting in a nearly 90% erosion of the U.S. dollar's purchasing power [1][8] - Gold has historically been a reliable store of value due to its scarcity, and many countries, including the U.S., have pegged their currencies to gold [2] - Despite Warren Buffett's view of gold as an unproductive asset, it has delivered a remarkable 62% return in 2025, outperforming major indices and companies like Nvidia [4][7] Investment Performance - Buffett's investment strategy focuses on companies with steady growth and income generation, contrasting with gold's lack of revenue production [5][15] - Since 1965, Berkshire Hathaway has achieved a compound annual return of 19.9%, significantly outperforming the S&P 500 [6] - Over the past 30 years, gold has grown at a compound annual rate of 7.96%, while the S&P 500 has grown at 10.67%, highlighting the long-term performance difference [14] Current Market Dynamics - Political instability and government spending are driving investors towards gold, as they anticipate further devaluation of the U.S. dollar [9][15] - The U.S. government is projected to have a budget deficit of $22.7 trillion over the next decade, potentially increasing the national debt to around $60 trillion [8] - Gold remains a favored asset for investors seeking to preserve value amidst economic uncertainty [9] Investment Vehicles - Exchange-traded funds (ETFs) provide a convenient way to invest in gold, with options like SPDR Gold Trust and Abrdn Physical Gold Shares ETF available [10][11] - The SPDR Gold Trust has $142 billion in assets under management, backed by physical gold reserves, but has a higher expense ratio compared to other funds [12][13] - The Abrdn Physical Gold Shares ETF offers similar exposure to gold with a lower annual fee, appealing to cost-conscious investors [13]

Group 1 - Gold has risen 38% year to date in 2025, outperforming bitcoin's 23% increase [1] - Despite its recent performance, gold remains below its 2011 peak and at a similar level to 1975 when adjusted for M2 growth [2] - Bitcoin has consistently reached new highs relative to M2 during each bull cycle, including a record high last month [2] Group 2 - The contrasting performances of gold and bitcoin highlight their different roles as assets, with gold serving as a traditional hedge and stabilizer, while bitcoin responds uniquely to rapid monetary expansion [3]

💥BREAKING:Global broad money supply rose +9.3% YoY in July, to a record $140 trillion. https://t.co/Hciyu4EJSd ...

Market Trend - U.S Money Supply is exploding [1] - Bitcoin is expected to follow the trend of U.S Money Supply [1]

U.S. Money Supply is moving higher.Bitcoin will follow! https://t.co/JvM83OOh2r ...

Fiscal Policy & Economic Growth - The analysis suggests tariffs are running at an annual rate between $400 billion and $500 billion, potentially improving the deficit, but real GDP growth is considered the key to significantly reducing the deficit as a percentage of GDP [1] - The report anticipates real GDP growth will surprise on the high side of expectations later in the year and into 2026, driven by innovation platforms like robotics, energy storage, AI, multiomic sequencing, and blockchain technology, all catalyzed by AI [1] - The analysis highlights deregulation, particularly in crypto, AI, and nuclear energy, as a significant factor for economic growth, with tax changes encouraging manufacturing and innovation through accelerated depreciation schedules and full expensing of equipment, R&D, and software [1] Inflation & Monetary Policy - The report indicates that while inflation may seem stuck in the 2% to 3% range, innovation-driven productivity gains could lead to deflation in the coming years [2] - The analysis points out that M2 money supply growth has significantly dropped compared to the COVID boom, and the velocity of money is declining, potentially diffusing inflationary pressures [2] - The yield curve, measured by the two-year Treasury yield relative to the three-month Treasury yield, indicates tight monetary policy, which is expected to have disinflationary or deflationary effects [3] - True inflation CPI is reported at 19%, even with tariffs factored in, and consumer inflation expectations are expected to decline [3] Market Indicators & Investment Strategy - The analysis notes that manufacturing has been contracting for the last three years, and services are not in great shape, signaling potential economic concerns [4] - The report highlights that AI-powered capital spending is increasing, supported by new tax rules, while the trade deficit is being addressed [5] - The analysis observes that pending home sales are deteriorating, and new home inventory is high, potentially leading to price cuts and impacting the CPI [5] - The report suggests that the return on investment in the US is expected to increase due to innovation, tax laws, and deregulation, potentially strengthening the dollar [5] - The analysis notes that corporate profits are healthy, but quality of earnings and harnessing new technologies will be crucial for future growth [5] - The report observes that commodity prices are going nowhere, and gold is breaking out to all-time highs relative to metals, possibly signaling deflationary concerns [5]

Market Trends - Worldwide money supply is hitting new all-time highs, indicating potential inflationary pressures [1] - The USA is engaging in significant money printing [1] - China and Europe are also contributing to the global money supply increase [1] Investment Opportunities & Risks - The increase in money supply is bullish for Bitcoin and crypto markets [1]

Fed Independence & Political Influence - The financial industry suggests the Federal Reserve is not independent and its appointees are partisan, similar to other government branches [2][3][4][14][17] - The industry questions whether a sitting president should have the authority to remove a Fed governor if their views are misaligned with the electorate's wishes [4] - The industry proposes revisiting the notion of the Fed's independence, considering that many of its functions could be better handled by the Treasury or other entities [17] - The industry acknowledges the 14-year terms for Fed governors are designed to insulate them from political cycles, promoting institutional resilience [17][18][21] Monetary Policy & Data Reliability - The financial sector expresses concern over the Fed's monetary policy decisions, which are based on potentially inaccurate data [6][7][11] - The industry suggests that capital markets and free markets are more effective at achieving price stability than the Fed [8] - The industry highlights the potential for real-time pricing oracles, utilizing blockchain-published economic data, to improve market efficiency [11][12][13] Fed's Role & Responsibilities - The industry questions whether the Fed should continue to act as a lender of last resort, suggesting the Treasury could perform this function more effectively [8] - The industry generally agrees that the Fed can continue its banking supervision and regulation, as well as its role as a payment system and clearing house [9][10] - The industry emphasizes the importance of considering the long-term costs of capital and the US's ability to service its debt when making monetary policy decisions [19][20]

Market Outlook & Fed Policy - The market anticipates the Federal Reserve will acquiesce to the administration's desire for lower rates, regardless of specific economic data releases like PCE, jobs reports, or CPI [3][6] - Lower rates are expected to increase money supply, which is considered a primary driver of equity values and earnings growth [3][7] - The market is expected to follow the Fed's actions, reinforcing the mantra of "don't fight the Fed" [7] Sector Performance & Investment Strategy - Small caps have outperformed the broader market, rising over 7% this month [4] - Healthcare and consumer discretionary sectors have shown leadership this month [4] - The market is experiencing a broadening, suggesting a rising tide that will lift all boats [5] - Superior earnings growth is a key factor in sector selection, with tech and AI data center names expected to achieve 30%+ growth [8] GLP-1 Sector Analysis - The GLP-1 sector is currently experiencing a pullback due to a lack of an inflection point [9] - The GLP-1 market is predicted to reach a peak annual market size of $150 billion to $200 billion [9] - Metera is positioned as a leader in the evolution of the GLP-1 market [9]