EricFJ on Nostr: I will say it again and again: the US dollar black hole sucks in everything in its ...

I will say it again and again: the US dollar black hole sucks in everything in its implosion. Even gold. Even BTC. The dollar gets one last laugh.

Study dollar milkshake theory. Be a realist.

…Also pretty funny BTC is pacing S&P here. Who’s the volatile asset now lmao?

quoting
nevent1q…esp7

Not even tradfi likes holding dollars.

But in a liquidity crunch it’s not about what you want- it’s about what you need to stay solvent.

USD is still the unit of leverage and debts whether you like it or not.

Look at every liquidity crunch in recent history and performance of all your “safe haven” assets (including Gold and BTC). They go down too, in the short term. USD gets the last laugh- whoever’s holding it at the right time gets to snap up distressed assets of all kinds. Correlation goes to 1… it’s a fucking black hole.

I’m fully orange pilled, but these are the current rules of the jungle- whether we like it or not.

Study dollar milkshake theory by Brent Johnson of Santiago Capital. Lessons in there.

nevent1q…tz0q