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Degens Deteriorating
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Bitcoin just broke $82,000 after US Senate banking committee passed the clarity act

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Bitcoin: If you are waiting for Oct/Nov to buy back in, sorry the train will have left the station

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Warsaw has recognized Poland’s first same-sex β€œmarriage.”

This comes after Polish PM Donald Tusk issued an apology to homosexuals for β€œyears of rejection and humiliation” and pledged to recognize same-sex β€œmarriages” conducted in other EU states.

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🀬3πŸ’”2
Notice how El Salvador became a much better country by going after the bottom 1%

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Chud The Builder's fundraiser flooded with donations after attempted murder charges.

Take a look:

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πŸ”₯3πŸ‘2
Silver’s outperformance of gold is gaining momentum:

The gold-to-silver ratio is down to 54, the 2nd-lowest since February 2023.

This ratio has fallen -9 points over the last 6 trading days, with silver outperforming gold for 6 consecutive sessions, the longest streak since December 2025.

Over this period, silver prices have surged +20%, to $87 per ounce, the highest since March 11th, while gold prices have increased just +3%, to $4,690 per ounce.

The ratio is now down -51 points, or -49%, since the April 2025 peak of 105 points.

By comparison, the ratio briefly touched 43 points, the lowest level in 15 years, in January 2026, after silver prices surpassed $120 per ounce for the first time in history.

Keep watching precious metals.

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I just wanted to come out and say I 100% support Chudthebuilder.

The Black guy Chud shot/killed was doxing/stalking him, as someone who has to deal with this sort of thing, let me make it clear.

Words never justify violence but physically assault me and you, deserve death.

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πŸ”₯4
Media is too big
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NEW: Digital mobile billboard spotted driving around Los Angeles, depicting Mayor Karen Bass shopping and sightseeing in Africa while Los Angeles burns.

The mobile jumbotron also depicted mayoral candidate Spencer Pratt taking out the "basura" (trash).

Pratt has gained about 12 points in the polls since March, according to Fox News.

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The US spends 4x more money on retirees than other groups combined, spending 10x more on retirees than young people (under 26), and roughly 6x more than the working age (26-65)

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Spreading hate? no i’m spreading love

my love for racism

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πŸ”₯5πŸ’―3😎3
Client told me he needed to ask his wife

I told him that’s gay

(I lost the sale)

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πŸ’―5πŸ‘1
BREAKING

Chaos erupts as Nick Fuentes accuses Lily Philips of stealing his idea to sleep with 100 men in a single day.

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😁16πŸ‘Œ1😐1
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"I support the White guy cuz he's White and all other information means absolutely nothing to me"

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THE STOCK MARKET IS FLASHING THE SAME WARNING SIGNS SEEN BEFORE EVERY MAJOR MODERN CRASH.

Almost every major warning sign is now flashing right now:

β€’ Credit stress is rising.

β€’ Valuations are near record highs.

β€’ Inflation is climbing again.

β€’ Bond yields are surging.

β€’ A handful of AI stocks are carrying the market.

β€’ Options speculation is exploding.

Yet stocks keep making new highs.

The real economy and the stock market are no longer moving together.

According to New York Fed data, roughly 4.8% of household debt is now delinquent, the highest level since before Covid.

Credit card stress remains elevated.

Auto loan delinquencies have now risen every year since 2021 and are approaching levels last seen around the 2008 period.

The pressure is hitting lower-income and younger consumers the hardest.

At the same time, the stock market is trading at some of the most expensive levels in history.

The Shiller P/E ratio is now above 40x.

That has only happened twice before:

β€’ Dot-com bubble

β€’ Today

The Buffett Indicator is now around 231%, meaning the total US stock market is worth more than twice the size of the US economy.

That is above most historical bubble levels.

Meanwhile, investors are accepting almost no income from stocks despite extreme valuations.

The S&P 500 dividend yield recently fell near record lows around 1.1%.

At the same time, 30-year US Treasury bonds are yielding nearly 5%.

Historically, this kind of gap appears when investors stop caring about valuation and focus only on momentum and future growth stories.

Inflation is also becoming a problem again.

Recent data shows:

β€’ CPI near 3.8%

β€’ PPI at 6%

β€’ Core inflation still far above the Fed’s 2% target

That makes rate cuts much harder.

The structure of this rally is also becoming increasingly fragile.

A small group of AI-related mega caps is driving most of the gains.

At the same time:

β€’ Short-dated call option buying

β€’ Dealer gamma hedging

β€’ Passive ETF inflows

are pushing prices even higher.

This creates a feedback loop where momentum itself becomes the main driver of the market.

Many analysts are now comparing the current setup to:

β€’ Dot-com bubble

β€’ Late-stage 2021 melt-up

β€’ Other major speculative peaks

None of this guarantees an immediate crash.

But historically, periods with:

β€’ Extreme valuations

β€’ Rising consumer stress

β€’ Sticky inflation

β€’ High bond yields

β€’ Narrow market leadership

β€’ Speculative leverage

have usually ended with sharp market repricing once growth expectations start weakening.

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