Jim Rickards Breaks Down the SOTU
Biden’s State of Confusion Hi Reader, Here’s what our editors are looking at today… | | | News: Jim Rickards – What You Need To Know From Biden's State of the Union It’s the case that the financial and political worlds are becoming more closely entwined to the point that it’s almost impossible to treat them separately. That’s why we have devoted (and will continue to devote) many issues to this political season as events impact both the economy and markets. The 2024 political season has already provided plenty of surprises…and it’s only March. You will hear many narratives from politicians in the next eight months that will try to impact your vote. But how much of what you hear is true? With a commander-in-chief in cognitive decline, it’s important to separate the propaganda and lies from the truth. Jim will use his decades of experience as a government insider to provide a rebuttal to last week’s State of the Union address and offer a reality check on Joe Biden’s propaganda that was given to the American people. ⇒ See More Here | |
Politics: Sean Ring – Iteration After a Violent Government Intervention For Russia to find solutions around the American-imposed sanctions, will cost time and money. But once they’re found, Russian companies will have essentially de-risked themselves from the arbitrary Western banking system. The only people who’ll get hurt by these idiotic sanctions, in the long run, are Westerners. ⇒ Read More Here | |
Markets: Dave Gonigam – Bitcoin Chokes Bitcoin scarcity, of course, is not a bug, it’s a feature; by design, the total number of Bitcoins is capped at 21 million. (In case you’re wondering, 19 million have been mined so far.) On average, Bitcoin miners create 900 new coins every day. Meanwhile, post-SEC approval of spot Bitcoin ETFs in January, “those products have purchased an average of 3,500-4,300 coins each day.” If Bitcoin whales aren’t selling… and if new Bitcoin is mined at a scant rate of 900 per day… something’s gotta give, right? ⇒ Read More Here That’s all for today, we’ll be back tomorrow with what our editors were looking at this week. Email us here with whatever crosses your mind that you want us to cover. We look forward to hearing from you! Looking forward to your financial future, | | | | | |
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