Gold has been one of the strongest performing assets in 2025, rising 38% year to date, outpacing bitcoin23% advance. It's no secret, though, that bitcoin has done wildly better than gold (and pretty much everything else) over its short lifespan. A check of the two popular inflation-resistant assets against a broad measure of U.S. money supply (known as M2) yields further insight about their performances. Adjusted for M2 growth, gold — despite its recent strong run — remains below its 2011 peak and roughl ...

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

U.S. Money Supply is EXPLODING!Bitcoin will follow. https://t.co/Sn6hZPyXd7 ...

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]

Chimoth, well, start with you from the market's perspective. The Fed's supposed to be independent. So, do you have concerns about it being independent and then does this feel like lawfare or tickytacky or they're weaponizing the Justice Department to you to, you know, get what they want, which is rate cuts faster and more of them.>> I think that the Fed is no different than any other appointee to a part of the government, which is that they are partisan. Meaning, if I said to you, is the Supreme Court viewe ...

You know, Greg, I gota I kind of got caught in calling you bear and Greg at the same time right there because I've always kind of known you to be at least a little bearish, but you did correct me last time we talked. You said you haven't been bearish the last two times. You've been cautious.How are you viewing the markets right now, especially after Nvidia earnings going into PCE that could change the doubbish stance that we saw from JPAL and maybe the possibility of rate cuts. I don't think it matters, Fra ...

Market Performance - S&P 500: Reached an all-time high [1] - NASDAQ: Reached an all-time high [1] - Bitcoin: Reached an all-time high [1] - Real estate: Reached an all-time high [1] - Gold: Reached an all-time high [1] Macroeconomic Indicators - Money Supply: Reached an all-time high [1] - National Debt: Reached an all-time high [1] Monetary Policy - Federal Reserve: Considering cutting interest rates next month [1] - Concern: Whether the Fed's potential rate cut might overstimulate the economy [1]

We still have so much upside available to us. I think it can do a 10x in the next 5 years. That that basket of store value assets currently today in 2025 is worth about $1,000 trillion.As the they continue printing more money, that basket gets bigger. So in in 2020, that basket was worth I think it was about 5 or 600 trillion. Today it's worth about a quadrillion. By 2030, that should be worth about 1.6% quadrillion.The US government, the CBO, Congressional Budget Office, lays out the budget for the next 30 ...