Now you a couple of months ago made some waves by suggesting that JPAL should step down already on your show as head of the central bank. Exactly. We talked about it. Um you faced a lot of skepticism uh on that um from various quarters and now you're saying even if he doesn't step down, there are certain changes he should be making now to put the Fed on better footing going into the leadership change. What what changes should he be making? So let's talk about discussion of July. At the time I was worried th ...

From the Desk of Anthony Pompliano0:00 Central Banks Now own More Gold Than US Treasuries2:50 Will Bitcoin Price Continue To Crash?3:52 Ryan Detrick Interview on The Global Bull MarketEnjoy! https://t.co/sI6Fkq9PeY ...

Central Bank Holdings - Central banks' gold holdings surpass US treasuries [1] - Industry anticipates central banks will eventually hold Bitcoin [1] Investment Strategy - Sound money principles are enduring [1]

Cryptocurrency & Decentralization - Dash is positioned as a tool to combat central banks and financial censorship [1]

Monetary Policy - Monetization is defined as the permanent increase in the monetary base to fund the government [1] - Central banks engage in monetization by purchasing interest-bearing debt with non-interest-bearing money [1]

Market Narrative Shift - The market is anticipated to experience a narrative shift, potentially starting at Jackson Hole [1] - The market hasn't fully priced in the hawkish stance expected from central banks [2] Inflation and Economic Data - Powell's concerns from July are materializing, with underlying inflation data showing changes in goods inflation [2] - Household food goods have increased from 2% to 5% [3] - Electronic goods inflation has moved from 0% to 2% [3] - PC inflation is at 3%, with headline inflation at 350% (3.5) [3] - PMI data indicates increasing hiring intentions [3] Monetary Policy and Asset Pricing - The front end of the curve is mispriced, suggesting a potential upward pivot in the short end [4] - Risk assets are incorrectly priced, implying a substantial amount of volatility [4] - The economy's perceived strength poses a challenge for central banks [4] Risk Assessment - Risk assets may face a paradox, with a long-term positive outlook conflicting with short-term challenges [5]

Market Analysis - Bitcoin's $24 trillion (2.4T) asset value is attributed to central banks and governments' continuous money printing to monetize debt [1] - U.S. acquisition of Bitcoin is not a determining factor for its value [1]

How #Bitcoin works:👤 Sender||| _ _ _ __ _ _ _ _ _ _ _ _ _|🏦 Central Banks |💳 Card Processors |🏛️ Governments |_ _ _ _ _ _ _ _ _ _ _ _ _ _ ||||👤 Recipient ...

Market Trends - Central banks and jewelers reduced gold purchases in Q2 [1] - Successive all-time-high gold prices caused a slowdown in the rapid rally [1]

Market Trend - Coinbase CEO Brian Armstrong 表示，G20 国家和中央银行正在考虑购买 $BTC 作为其战略储备 [1]