People on the left tend to have higher rates of mental illness. We don't know exactly why, but we know plenty of things that *do not* explain it:
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Bull markets have lasted 5x longer than bear markets on average.
Bulls: +254% over 5 years
Bears: β31% over 1 year
Markets spend far more time growing wealth than destroying it. Why interrupting compounding is the biggest risk of all.
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Bulls: +254% over 5 years
Bears: β31% over 1 year
Markets spend far more time growing wealth than destroying it. Why interrupting compounding is the biggest risk of all.
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JUST IN - Trump: "Minnesota's in the news a lot, but what they don't say is that Minnesota has low crime numbers because of the fact that we took thousands of hardened criminals out of Minnesota."
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NOW - Trump on Minnesota ICE operations: "We're gonna de-escalate a little bit."
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Someone frontran Trump's dollar announcement by going all-in gold.
At exactly 3pm, a large block of goldβlinked call (GLD) trading went through, coinciding with the sharp move higher in spot gold. In overβtheβcounter equivalent terms, a trader rolled 250k deltas out of an inβtheβmoney 4,950/5,050 call spread, and into a Feb. 20 5,250/5,400 call spread, representing 1.1 mm ounces of gold exposure ($5.1BN). The client paid $30MM in net premium to implement the new structure.
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At exactly 3pm, a large block of goldβlinked call (GLD) trading went through, coinciding with the sharp move higher in spot gold. In overβtheβcounter equivalent terms, a trader rolled 250k deltas out of an inβtheβmoney 4,950/5,050 call spread, and into a Feb. 20 5,250/5,400 call spread, representing 1.1 mm ounces of gold exposure ($5.1BN). The client paid $30MM in net premium to implement the new structure.
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The Covid era will be studied as one of the most ridiculous periods in recent history
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Hungary launches pre-election petition against EU aid for Ukraine
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PRESIDENT TRUMP:
βWe have to use tariffs to achieve world peace.β
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βWe have to use tariffs to achieve world peace.β
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Democrat candidate for Ohio AG Elliot Forhan, a former state rep., says he is going to βkill Donald Trump.β
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BREAKING: A fully automated cell phone factory is making 1 phone per second.
China's Xaomi, works 24/7 with no breaks, has no production workers, and operates in the dark.
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China's Xaomi, works 24/7 with no breaks, has no production workers, and operates in the dark.
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A Chinese app called βAre You Dead?ββmeant to check on people living aloneβhas exploded in popularity, becoming one of Chinaβs top paid apps
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BREAKING: Global gold ETFs posted a record +$88.6 billion in inflows in 2025, the strongest year on record.
North America led with +$50.7 billion in inflows, followed by Asia at, +$25.3 billion, and Europe at +$11.7 billion.
This marks only the 2nd year of positive inflows over the last 5 years.
December alone attracted +$10.0 billion, the 3rd-strongest month in 2025.
Last year, AUM in global gold ETFs surged +114%, to a record $582.9 billion.
In tonnage terms, demand rose to +801 tonnes in 2025, the 2nd-highest in history after 2020 when +893 tonnes were recorded.
2025 was a historic year for gold.
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North America led with +$50.7 billion in inflows, followed by Asia at, +$25.3 billion, and Europe at +$11.7 billion.
This marks only the 2nd year of positive inflows over the last 5 years.
December alone attracted +$10.0 billion, the 3rd-strongest month in 2025.
Last year, AUM in global gold ETFs surged +114%, to a record $582.9 billion.
In tonnage terms, demand rose to +801 tonnes in 2025, the 2nd-highest in history after 2020 when +893 tonnes were recorded.
2025 was a historic year for gold.
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