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The Long Investor
China is moving away from the Dollar as a store of value.
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China is moving away from the Dollar as a store of value.
What is happening in China?
Gold trading volume in China is now 400% LARGER than the average seen in 2023.
The trading activity in gold on the Shanghai Futures Exchange spiked to 1.3 MILLION lots on the peak day of trading last week.
This came at the same time that gold prices broke above a record $2,400/oz.
Last year alone, China's central bank acquired more than 225 tonnes gold.
Since October, gold is nearly 30% posting one of its best 6-month performances in history.
Why is there so much gold buying in China? - The Kobeissi Lettertweet
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Brandon Beylo
Say what you want about Bitcoin $BTC and its usability, viability, and value as a currency/medium of exchange.
But @jack and Square $SQ are building the most practical infrastructure available to make that happen.
Like every SQ product, I'm sure this will be beautiful.
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Say what you want about Bitcoin $BTC and its usability, viability, and value as a currency/medium of exchange.
But @jack and Square $SQ are building the most practical infrastructure available to make that happen.
Like every SQ product, I'm sure this will be beautiful.
square sellers: auto-convert a percent of your daily sales to bitcoin: https://t.co/sMiTIZV916 https://t.co/Glnt8gc2eC - jacktweet
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Brandon Beylo
Society if we banned smartphones. https://t.co/e4OU0yx2VL
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Society if we banned smartphones. https://t.co/e4OU0yx2VL
New paper from Norway: Banning smartphones in school
- significantly decreased doctors visits for psychological symptoms and diseases among girls
- reduced bullying among both genders
- improved girls’ GPA and attendance rates
- largest effect sizes were among the poorest kids https://t.co/lCjmNMJtcz - Derek Thompsontweet
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