Vivek, Musk Release the DOGE Hounds on the Swamp While Rates, Yield Spread Climb Fast
Fartcoin reaches $1B in market cap. I guess my "securitized farts" joke at the beginning of all my videos was taken a bit too seriously by the bubble.
Fartcoin's market cap hits $1B, but it's no different from Bitcoin; avoid investing in it.
Social media's power, demonstrated by Musk and Vivek, can disrupt government spending bills. If this continues, lower spending will trigger a bank crisis.
The yen is falling again, breaching November lows, and Japan's actions to save it again will push Treasury yields even higher. They're climbing fast as is.
Fed cuts RRP rate by 5bps relative to Fed funds rate, my guess to help the repo market get through the year-end turn without a repocalypse.
This should accelerate RRP drainage and finally empty the sucker out.
Fartcoin Now Worth $1B
The intro to all my videos features an inverted Exter's Pyramid parody with the top layer being "securitized farts". I meant it as a joke, but now it's serious. Fartcoin is worth $1B in market cap. I don’t know what else to say at this point other than don't invest in Fartcoin, and there is no inherent difference between Bitcoin and Fartcoin.
Bitcoin priced in gold is still threatening a marginal break of a triple top reversal. If these levels are sustained as support then it's possible bitcoin can go even higher. I hope not but you never know with this thing. Bitcoin's final top in gold terms should signal the tippy top of this final global bubble before the next crunch, which of course will, in my thesis, lead to the end game inflation round.
The Power of DOGE Demonstrated
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