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.
What we said and how it played out… Download this free PDF where we share 6 Tree Rings from the past and how the situations have developed. fftt-treerings.com/what-we-said/
“The US is in a new Cold War it cannot afford to lose.” -US investor consensus “The Fed must maintain its independence at all costs.” -also US investor consensus Only one of these can be true. The Cold War or the real value of USTs. Choose wisely, Chair Powell.
Thanks a lively discussion on gold, silver, and more, @ArcadiaEconomic!
An absolute masterclass by @LukeGromen, where he explains the dilemma facing the Trump administration, and why #gold continues to be chosen as the new reserve asset. (And of course we also got Luke's thoughts on the #silver market too!) youtu.be/y2epkHm6dXE?si… @EFbullion
Dostoevsky on US corporate execs that offshored their labor, factories, & even “Gain of Function” research to China, and the U.S. policymakers that allowed and encouraged them to do it:
True…who would want to live in a 7,000 sf house with 7-bedrooms & 4.5 baths amid old growth trees on nearly an acre for $949k (with the same weather as NE USA but with far saner politics)? 😉
Problem is no one wants to live there
Ohio remains my favorite EM.
THE STARGATE VENTURE IS NOW SETTING THE MORE MODEST GOAL OF BUILDING A SMALL DATA CENTER BY YEAR-END, LIKELY IN OHIO-WSJ
Shale producers are turning against each other as wastewater disposal is destroying economic reserves. $DVN & $ARIS being sued. #OOTT #ONGT financialpost.com/pmn/business-p…
One of the most important and biggest mean reversion trades in 100 years👇 It's footprints can be seen in gold prices, gold flows, UST and western sovereign bond markets...and yet most macro participants have not had the trade on (long gold, short LT western sovereign bonds.)
1/13 END OF DISSOCIATION OF CREDIT WITH GOLD FLOWS Today we hear that the Gold Exchange of Shanghai is making it possible for trading partners with a surplus vs. China to get gold for their Yuan. What is this move about? x.com/BullionBrief/s…
Important signpost IMO. There is still a large & highly convinced contingent that AI will not be that disruptive, & certainly not anytime soon. Many asset prices are quite mismarked relative to where they may trade when reality changes skeptics' views for them. Let's watch.
woke up early on a saturday to have a couple of hours to try using our new model for a little coding project. done in 5 minutes. it is very, very good. not sure how i feel about it...
An (accidental) gauge of actual US inflation in recent years: Two genetic brothers, only 5 years apart in age, playing the same sport, in the same stadiums, to the same crowds...and yet the younger brother makes nearly as much in 3 years as older brother did in 12 years.🤯 Via…
Sometimes being the younger brother pays off 😅 @JJWatt @_TJWatt
Gold is also specifically mentioned. Big signpost IMO.
The US is trying to convince the public the US is going to reshore & grow aggressively while simultaneously trying to convince domestic & foreign bondholders their holdings will not be inflated away. Inflation-adjusting war reparations = Soc Security & Medicare. History rhymes.
