So, let's talk about those precious metals first because obviously it has been almost unprecedented the moves that we've been seeing in gold and silver over the past few sessions and h how much is it fundamentals and how much is it speculation and can we separate them and then how does that inform how you trade them. >> Uh yeah, it's been very entertaining. So, we have to go back roughly four decades to see similar types of moves.If we look at silver for example, the Hunt brothers when they cornered the mar ...

Core Viewpoint - Asian currencies showed mixed performance against the dollar as traders reacted to Kevin Warsh's nomination as the next Federal Reserve Chair by President Trump [1] Group 1 - The nomination of Kevin Warsh is influencing market sentiment among traders [1] - The mixed performance of Asian currencies indicates varying reactions to the potential changes in U.S. monetary policy [1]

There is something significant going on in China. There are significant buyers of all the metals. They really started with gold last year.Gold got expensive, so they trickled over to everything. The bottom line, though, with copper is it's not a speculative metals industrial and China's number one source of demand. It's going up more because of issuances with the tariffs in the US and supply constraints.And I'm very concerned to copper, so I'm very concerned as long as the stock market gets going up, it's f ...

While the dollar is back negative against its major peers. Despite these comments from Scott Bessent and yesterday, gold, copper and silver all hit record highs. How much is that.The debasement, trade and all the metals ripe for a nasty. Come down here. So the two questions.One is I think a chunk of this is definitely the debasement trade. I look a little bit nervous about that term, but it is valid to some extent. People are looking to diversify away from the US dollar.This is not about the end of the US d ...

JUST IN: 🇺🇸 Tucker Carlson suggests Bitcoin could replace the US dollar as the global reserve currency. https://t.co/GLGdRmC3Fx ...

I think that um right now we are at a decisionmaking point and very close to a recession and I'm worried about something worse than a recession if this isn't handled well. A recession is two negative quarters of GDP and whether it goes slightly there. We always have those things. We have something that's much more profound. We have a breaking down of the monetary order. we are going to change the monetary order because we cannot spend the amounts of money. So we have that problem and when we talk about the ...

Currency Market - The Indian rupee fell to an all-time low against the US dollar this week [1] - India's central bank has been intervening, achieving the most gains since May [1] Central Bank Intervention - The report questions whether the Reserve Bank of India's (RBI) efforts are sufficient [1]

Crypto and US Dollar Strategy - The Trump administration's crypto strategy may aim to strengthen the US dollar by expanding its reach in the digital economy through dollar-backed stablecoins [1] - World Liberty Financial (WLFI), co-founded by Trump's sons, is driving this initiative with its USD1 stablecoin, which is backed one-to-one by US treasuries, dollar deposits, and cash equivalents [1] - USD1 offers regulatory certainty as a US-compliant stablecoin, potentially attracting institutions and individual investors [1] - Stablecoins like Tether (USDT) and Circle (USDC) already significantly support the US dollar by holding large amounts of treasury bills [1] - 80% of all stablecoin transactions occur outside the US, effectively increasing the demand for dollars globally [1] - The Genius Act, signed into law in July 2025, sets strict rules for stablecoin issuers, requiring them to be backed by US dollars, cash equivalents, or short-term US treasuries, further supporting the US dollar [22][23] Controversies and Conflicts of Interest - MGX, a UAE-based investment fund, invested $2 billion in Binance using USD1, significantly boosting USD1's market cap [4] - A Trump-controlled entity owns about 38% of World Liberty Financial, raising conflict of interest concerns due to the potential profits generated from USD1's yield [6][7] - Critics argue that the deal invites foreign influence, as foreign parties could potentially buy favor with Trump through investments in World Liberty Financial [15] - Allegations arose that Binance helped write USD1's smart contract code and that CZ sought a presidential pardon from Trump, although both parties denied any quid pro quo [12][13][14]

full blurb by @chamath:"This is the absolute biggest risk. Both of you guys nailed it on the head. In the future when you have these really powerful models, the reality is the incentive for governments to try to infiltrate the information cycle. They will not be able to hold themselves back. And then what comes with that is a lack of privacy, a total loss of privacy and then a push towards censorship. So as these AIs become more powerful, we have to marry it with a set of technologies that can preserve priv ...

Market Dynamics - China's state-owned banks are reportedly buying the US dollar [1]