What a great day Monday was for Silver investors, with the metal trading as high as 87$, up more than 7% on the day, while the rest of the market, from gold, to bonds, to stocks, was broadly flat. While I’m feeling pretty happy about the nominal gains in my…
Category:Stocks
WHILE STOCK TRADERS ARE OVER THE MOON, BOND TRADERS ARE FREAKING OUT
Something very interesting has been happening for the past several weeks: while stock traders and investors’ sentiment is beyond euphoric, bond traders and investors are freaking out. Please take a look at this chart that includes the 10-year government bond yields of major countries and the VIX. I believe some…
IS THE OPENAI CHICKEN FINALLY COMING TO ROOST?
Today I was working on something and planned to talk about something completely different, but then the WSJ dropped this bombshell: “OpenAI Misses Key Revenue, User Targets in High-Stakes Sprint Toward IPO”. I am pretty sure nobody expected to read something like this today, especially ahead of hyperscalers’ earnings due…
WHY YOU CANNOT SHORT THIS MARKET, EVEN WITH THE MIDDLE EAST ON FIRE
I don’t know whether, by the time I publish this article, anything I say will still be relevant given the current circumstances, but I hope most of the information will still be useful. Let me start with gold and silver, whose long-term fundamentals are strengthening every day, but which, in…
OIL WILL DECIDE WHEN GOLD AND SILVER BOTTOMED
This week started with a “Bang!”, but I am not referring to the sound of bomb or rocket strikes somewhere in the Middle East, but to President Trump’s post that jolted global markets about 2 hours before US cash trading began on Monday. There is plenty of commentary out there…
THE INCOMING SHOCK IS GOING TO BE WORSE THAN THE COVID ONE
It has been more than 2 weeks now since the war against Iran started, and so far, nothing has gone as planned. Literally nothing. Iran’s counteroffensive capabilities have been underestimated. Its willingness to cause severe damage to its enemies and allies economies was ignored. The overall impact on the global…
MY STUPID STRATEGY FOR WARTIMES INVESTING
In the past 72 hours, traffic on social media was through the roof, especially on X, but another thing was off the charts: the amount of nonsense being spread left and right with the sole purpose of farming engagement. Am I an expert on Iran? No, I am not, and…
IS THE DUO NVIDIA – COREWEAVE ABOUT TO JOLT THE AI NARRATIVE?
Lately, I haven’t written that often like I used to about AI and all the wicked narratives that propelled the stock price of many companies in the space into the stratosphere. The reason is very simple: after more than fifty articles over 2 years (all archived here), until today, I…
MAG7s NOW ISSUING DEBT TO CONTINUE BUILDING AI IS A LOUD WARNING
In the past few days, something rather incredible happened: Amazon and Google, two “cash cows,” started to gear up to directly issue debt. When I read this headline, “Google to join exclusive 100 club with century-long bond,” I couldn’t hold back a smirk on my face while thinking, “This is…
BEYOND THE NIKKEI HIGHS: THE $ 1.9 TRILLION SOLVENCY CRISIS CRIPPLING JAPAN
Almost 6 months ago, I asked this question: “HOW LONG WILL THE BOJ BE ABLE TO AVOID THE COLLAPSE OF A MAJOR FINANCIAL INSTITUTION?” Surely, the central bank of Japan has done a remarkable job so far in keeping big insolvent Japanese financial institutions afloat. However, the constant flow of…