Pinned
The signals lined up before — they’re lining up again.
Here’s what we forecasted, and what happened next.
Get “What we said and how it played out”, Vol. II here. 👉
Luke Gromen
96.2K posts
Luke Gromen
@LukeGromen
Founder & President, Forest for the Trees (FFTT). Author of "The Mr. X Interviews, Volumes I & II.” I never solicit via DM's. RT not endorsements.
Joined December 2014
- Can anyone explain why I am only seeing people raise concerns about risks to $2 trillion market cap BTC from quantum computing... ...but not to $18T in total US commercial bank deposits, $40T in retirement assets, or $87T in assets custodied at DTCC? 🤔🤔
- A "pet rock" should not outperform equities long-term in an economy broadly engaged in positive economic value-added activities. A "pet rock" should absolutely outperform equities long-term in an economy broadly engaged in debt-fueled financial engineering to drive returns.
- What if bitcoin IS “the Great Reset”? 🤔
- Had a wide-ranging conversation with @TuckerCarlson about the interplay between gold, macro, and the monetary system earlier today. Keep an eye out for it in the days ahead on TCN.
- “If all Chinese students were removed from all US colleges, there would be a wave of bankruptcies and closures among US private colleges.” -Administrator of private university in NE USA*US HALTS HARVARD’S ABILITY TO ENROLL INTERNATIONAL STUDENTS:NYT
- "The Debasement Trade" since COVID: In USD: NDX up 165%, SPX up 102%, Home prices up 56%. In gold: NDX up 7%, SPX down 18%, Home prices down 37%. In BTC: NDX down 78%, SPX down 84%, Home prices down 87%.
- Yes, the unemployment rate is still low. But what if US disability rolls spiked by 1.3 million people in just the last 2 months, instead unemployment rolls? What if US disability rolls spiked by 5m people in the past 3 yrs, instead of unemployment rolls? I ask b/c it happened:
- Tonight we are taking a big step closer to the US Fed being forced to reverse course and accelerate QE into a commodity spike given world events in the context of the worst US fiscal situation in 80+ years. Let’s watch.
- Wait...the Fed did not have the jobs data when they made their decision?!🚨 FED'S BOSTIC: DOESN'T THINK JOBS DATA WOULD HAVE CHANGED THIS WEEK'S FOMC DECISION
- Powell's speech, in plain English: "There is too much debt in the US & globally. It's hurting growth. This can be resolved 1 of 2 ways: 1) Widespread defaults (including on sovereign debt) 2) Inflate it away Today we are accelerating Option #2."
- A trade deal between the two biggest current account debtors in the world economy is like two drunks propped up against each other to stand.
