Chief Economist & Global Strategist http://Europac.com, Chairman http://SchiffGold.com, Founder https://SchiffSovereign.com, Host http://SchiffRadio.com
Managed by @cryptodeveloper
Post #12
461
Staking 150+ tokens on superearn.com
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Post #11
667
The U.S. Jan. trade deficit soared to a record $131.4 billion. The U.S. economy has never been more dependent on foreign productivity, so tariffs now will bite consumers harder than ever. Also, Challenger just announced 172K job cuts in Jan., the most since COVID in April 2020.
Post #10
667
So far in 2025, the S&P 500 is down 2.25%, the QQQ down 3.5%, and the RUT down 7.4%. But stocks are up 9.2% in the U.K., 14.3% in Switzerland, 15% in France, 16.4% in China, 18.3% in Spain, 21.3% in Germany, & 21.4% in Hong Kong. The Trump trade is sell U.S. & buy foreign stocks.
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Post #9
672
I get the rationale for a Bitcoin reserve. I don't agree with it, but I get it. We have a gold reserve. Bitcoin is digital gold, which is better than analog gold. So let's create a Bitcoin reserve too. But what's the rationale for an XRP reserve? Why the hell would we need that?
Post #8
513
It looks like there is a high probability that at a minimum Bitcoin drops back into the $50K - 60K range, just below MSTR's average cost. Why is there so much complacency?
Post #7
354
Trump just said he wants to have a balanced budget in a year or two, maybe sooner. If he's serious all he needs to do is let Congress know that he won't sign the $4 trillion increase in the debt ceiling and by law the budget must be balanced this year. That meets his time frame.
Post #6
322
The only way Trump can sell one million, let alone ten million Golden Visas is if the recipients receive a lifetime exemption from all federal income, estate, and gift taxes. If he does that he actually has a shot at paying off the National Debt. This plan might actually work.
Post #5
282
I wonder if some traders who are short $MSTR and long Bitcoin decided to unwind a portion of that position today.
Post #4
269
America was founded by rugged individuals who created government to secure their rights and leave them alone. Americans today want government to violate other people's rights, steal their stuff, and give it to them. The home of the free has become the land of the freeloader.
Post #3
258
I listened in on a popular Bitcoin Spaces and one of the hosts was asked if MSTR went bankrupt would it have to sell its Bitcoin to pay off its debts. Incredibly, he answered "no," that MSTR would never have to sell its Bitcoin. Even the so -called Bitcoin experts are clueless!
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