peruvian_bull
Peruvian Bull

analyst @ PE fintech. finance & monetary economics. Link in bio for all my work

Public Key

npub1xwmyzp64xx03kw9ecd7fzsj3e9dgwah6an0rdng0cc6ux4dswwjs28pyyc

NIP-57 Address

peruvian_bull@getalby.com

Profile Code

nprofile1qqsr8djpqa2nr8cm8zuuxly3gfgujk58wmaweh3ke58uvdwr2kc88fgprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqy8hwumn8ghj7mn0wd68ytnddakst4js32

Publishing to

relay.snort.social

nostr.mom

nos.lol

Author Public Key

npub1xwmyzp64xx03kw9ecd7fzsj3e9dgwah6an0rdng0cc6ux4dswwjs28pyyc

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Last Notes

2025-03-30 02:58:39

where have i seen this before?
https://image.nostr.build/e18309e3980bda3184bc16c0b3310a466fcd0526c694935c24e887c0beedb51c.jpg

2025-03-27 01:03:57

Redditors finally understanding the genius of the convertible notes 🧠
https://image.nostr.build/48d4fc0b050f11617bf805ea317e7272099d0e151a4d13a7c2f8a1ea6657cf1d.jpg

2025-03-13 04:41:17

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Good idea!

2025-02-27 23:00:53

Is anyone surprised? https://image.nostr.build/932bba59e3a0e1051b2dc5a525e9d2f2cd004ed3ef2e47b664f2bc7cee08a675.jpg

2025-02-27 20:09:28

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Nope, and it was a joke.
I thought it was enough sarcasm for people to get it, but apparently not 😂😂
Half of Twitter hates me now

2025-02-27 06:05:18

I’m really thinking of packing it up and selling everything here.
$83K? This is so bad.
We’re reaching levels of “it’s so over” that haven’t been seen in centuries. All the dividend finance bros on X are bearish
I really feel like giving up. 😢

2025-02-17 07:10:23

According to the Social Security database, these are the numbers of people in each age range with the death field set to false
There is a monumental amount of fraud going on https://image.nostr.build/8c0e2701e1bc762d0a76dc657fb237bb453589c54b552e57eedda45548b06b07.jpg

2025-02-15 04:38:28

Roses are Red
Violents are Blue
The Fed is Evil
And You Are Too https://image.nostr.build/4ae769290e69c9c7205aab525731ba3fc387b974b51cbb8c3b91d696a4f175ae.jpg

2025-02-03 04:28:01

It’s so over https://image.nostr.build/6d640aba551ebb824e3afb5686cda5617901917749c783f1cbebd7706f5f8494.jpg

2025-01-27 23:03:47

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Bro does not understand at all what I’m saying 😂

2025-01-27 22:07:09

So few realize it but GDP is manipulated just like CPI https://image.nostr.build/3bd8b905d11b82f2a3f638c455dd6954f72d86fd86c9828906b2e6a758447488.jpg

2025-01-27 21:54:13

others are waking up to the truth about America.
absent inflation, immigration, and speculation from QE, the economy has barely grown since 2008. https://image.nostr.build/8c8843269b2aac9b141093d5152864c120bc91bd905a86f301243b5852a06019.jpg

2025-01-24 23:41:00

once you understand the eurodollar, you start to grasp the real meaning of 2008.
we didn't just bail out wall street- we bailed out the world. https://image.nostr.build/dcd17aec73f067b7a16e3095908048371093226f219cecfa9c358684fee8e0cd.jpg

2025-01-23 21:56:29

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Oh no here come the simps to zap you for feet pics 😂😂😂😂

2025-01-20 22:30:06

Yellen just left office and is warning about the Debt Limit again ⚡️ https://image.nostr.build/86288a0769da1ba9e0847990dbf14a0b2dd1813fa96e4ddb3c03645ecafa6f9a.jpg

2025-01-19 03:04:38

Danger ⚠️ https://image.nostr.build/cf1bcaef4d0e3b603a8500c9c29350f355d5ad1ef0f37c6a6a7cc1f1242691b0.jpg

2025-01-18 20:34:50

It’s not OK on any level
Defrauding supporters with your shitcoin right before you take office is new levels of degeneracy https://image.nostr.build/c9bd7722a65ed7754c240ae8f03c1b9fea150e1c47f8a5c8d1419212248fcd7d.jpg

2025-01-16 06:41:07

Hits the nail right on the head https://image.nostr.build/b67bbe3f2b63e21ee7bcd2a6e47798891ba936f248cc6285a94252d76ff2e0d2.jpg

2025-01-16 02:54:24

Ian’s working on downloading Primal, I’ll post his npub here when it goes live
It also sounds like he’s gonna make a video on this topic ⚡️

2025-01-16 02:06:52

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@npub1qqv…cn3w and I have been trying to get him on here for months, ever since we orange pilled him in December 2023
Let’s goooo
#nevent1q…hqc0

2025-01-15 23:35:49

bitcoin is not trading how i want it to today, such a scam.
i'm giving up guys. selling it all.
gonna put my life savings in some high-load bond funds that make an amazing 4% a year! 😎😎😎

2025-01-11 01:04:53

I want to make more documentaries this year…
What do you want to see?

2025-01-10 03:01:43

Complete and utter destruction https://image.nostr.build/4db3f26b7a4e95af35e04281d4e6daa77c7c2864b965e6aabce94c387b45e526.jpg

2025-01-08 19:09:54

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Brother 90% of my portfolio is bitcoin, you’re reaching
GME is the most manipulated stock in history

2025-01-06 22:28:40

Canadians.. you ok? https://image.nostr.build/f15d9299cec80a14320a2796e8ed86c261a6d1f77fe4d0964dd47a768a94819c.jpg

2025-01-05 08:18:58

funny how the bodies are burned beyond recognition but those key documents like passports and drivers licenses are barely scarred
just like 9/11 🤫 https://image.nostr.build/0bc8c79733bc4c6e321c724d24766201518356549126320a4abc2e955134e33d.jpg

2025-01-05 07:40:04

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Elon started banning right wing accounts criticizing his stance on immigration and then made changes to the algo

2025-01-04 03:16:33

believing your government has your interests in mind is like thinking that a stripper really likes you

2025-01-03 03:52:35

https://image.nostr.build/1188ed3b7d9a7769cd433a5efbe14ccfd831047782a2153b34ae2ae9cc511b02.jpg

2025-01-01 21:48:51

Global Liquidity is about to rip.
Bitcoin is hyper sensitive to global liquidity.
Do with this information what you will

2024-12-31 04:36:51

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Oh wait so I link the external wallet to to the Alby account and then obviously the Alby account is able to connect to Damus?

2024-12-31 01:21:12

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How do we do this? Do you have a link to a website or video where I can walk through the process of how to do it myself
I don’t wanna pay 120 bucks a year to host the alby hub wallet

2024-12-30 23:38:34

heads up, users of Alby Wallet extension- the wallet is being deprecated and you have to move your funds in the next week
this is my favorite lightning wallet since you can sign into all the apps https://image.nostr.build/822c56428c58122e827b10f7c3b71e931adcb2f4c5ee6f14beed050f82cdcf72.jpg

2024-12-29 06:52:24

Project Stargate was the real life Stranger Things.
Astral projection is real, and was used by CIA to spy on the Soviets
😉😉😉
https://open.spotify.com/episode/2eDz3ewZ9OpH9JYwaZu6f0?si=XpwQEl7ORiW3xs7wYx0Waw

2024-12-28 03:52:36

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How else are we gonna reach the Normies Who aren’t on NOSTR and don’t even know what bitcoin is

2024-12-25 03:40:46

We just released our documentary on the Federal Reserve today and there’s already a suicide hotline link under the video https://image.nostr.build/12c30c1f830cf6c7b73727e828d31eb97c8d2de219c01b98d9a5259b69734ec9.jpg

2024-12-24 04:46:31

Today, 111 years ago, on December 23rd, 1913, the federal reserve was created. The bank was the creation of a secret meeting in November 1910 between elite bankers and power brokers of the time, the who's who of wall street and congress.
In the aftermath of the birth of the Fed, the United States began entering foreign conflicts, starting with World War I and II and then branching into Korea, Vietnam, and Iraq and Afghanistan.
These wars and subsequent inflation destroyed millions of lives and trillions of dollars in real wealth. Ill-gotten gains were routed to those closest to the money printer who profited from these Cantillion effects.
This was the beginning of the fall of the Republic and rise of the American Empire. Never forget what they stole from us. https://image.nostr.build/53b9cf29c63717c247cbb9e2dfbb079baad4c07976f99717706a732865551628.jpg

2024-12-21 03:05:48

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Jason is retarded. I always thought he was the dumbest one on that podcast and every day he opens his mouth and just confirms it even more.

2024-12-21 02:33:48

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I need to gather more resources to do research but I’m sure you got plenty of those haha

2024-12-21 02:32:40

Yeah this is insane. I got 68 MILLION impressions on Twitter in 2 weeks and get paid scraps.
NOSTR is the future. We need more Twitter users to come on over here #note1xtr…6k0v

2024-12-17 04:03:36

Average American city if the Fed didn’t exist https://image.nostr.build/dc02f19b0c148b5377adf523a7beed01f14a3e3c456c3cdcf2d582a228022bb6.jpg

2024-11-27 03:06:23

https://image.nostr.build/78f4406218ba7c6f02266981efbeabb8915c1f074e29206f8fd6922acbcd705d.jpg

2024-11-15 19:39:04

“When Bitcoin hits $100K you’re gonna sell, right?
Right?!” https://image.nostr.build/4ab6938820800a24c868eede0050a902089199c52a51d3f697319efc305c6af5.jpg

2024-11-12 21:49:28

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June 2025 is the earliest

2024-11-12 21:33:22

Hello everyone,
I was wrong.
I had the impression that MSTR would lose its bitcoin premium in equity markets this year as the ETFs gained adoption, institutions looked for trust/savings vehicles, and other products would replace the stock as a holding vehicle.
I wasn't bearish, but I just thought it would cease to trade with BTC and go back to trading like a normal SAAS stock.
Instead, I now think MSTR is essentially a better version of the ETFs- no fees, no fund managers, no lockout periods, and a cashflowing business underneath to back the purchases- like my friend Atlas pointed out to me yesterday.
I bought my first options today.
Let's get this bread.
@npub1l3u…m2k9

2024-11-12 07:05:09

Day 659 of asking GME to adopt the Saylor strategy
We even wrote a proposal to the board https://image.nostr.build/f4968ba08b45a2b6dc9badda8934d8a34bfca9366889da385dd8522b385399f1.jpg

2024-11-10 05:49:30

VALHALLA HERE WE COME 🚀🚀🚀 https://image.nostr.build/23b1ecb9210ca6b2ca7ba20fbc9f117df2832a807cc2701b161e44a1c7452585.jpg

2024-11-09 02:48:38

Curious what NOSTR thinks of the Trump victory 👀

2024-11-02 02:51:54

I’ve heard from a very trusted source in HNW wealth management that Bezos was orange pilled by Saylor in March of this year and has been preparing to buy bitcoin.
Just conjecture, but this could be the beginning of his FOMO smash buys ⚡️ #note1fle…dtm4

2024-11-02 02:45:12

Why is he doing this now, right before the election?
There’s only one right answer 🤫 https://image.nostr.build/e682fc0e59c33e83edb4531390b29077320849827c2fca1073d3af528d0492a3.jpg

2024-10-31 05:32:14

NGMI https://image.nostr.build/49c03f9481703ea73473a73cd84f0221a74878385073349b3d62a0967348387d.jpg

2024-10-31 05:30:11

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I see my friend @npub1qqv…cn3w has created another convert to the carnivore club 😂😂

2024-10-30 03:32:44

Gold hits an ATH today, then a new ATH in after hours
It smells something:
PRINTER IS COMING https://image.nostr.build/fcbaa5c7bdfa8d1b44fe4f999a017e4da4bc5e0449ba07d9f9d308c0ec71a36c.jpg

2024-10-29 03:30:29

Bitcoin passes $71K!! https://image.nostr.build/b4fd34ee5ad8f557eaa895a15183109ca76ce53cbb2d2ae3a83d30a23d8f9342.jpg

2024-10-29 03:28:06

Fiat world is so broken. Trillions of dollars for infrastructure that doesn’t even work!
Did you know that we had a complex and functioning road system well before the federal government stepped in? #note19e2…j0xq

2024-10-27 03:23:35

Once my YouTube channel gets big enough, I am launching a new project… https://image.nostr.build/1467486dac2fd52b39e533ac8727f6bb00f024ea3e36a6e975b07288b9a9b665.jpg

2024-10-25 20:00:23

the fed is responsible for more of this decline than you can imagine https://image.nostr.build/48470ff60c58357022665a869cad884632437de55cc688d828aea2fdbf8f94e4.jpg

2024-10-24 18:44:51

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Sorry, forgot to add Y=

2024-10-24 18:44:23

For the mathematically inclined, here is the equation:
7.13*10^(-6)x^3 - 0.08489x^2 +557.4x - 259800 #note1tn9…ewm0

2024-10-24 00:17:21

Ran a polynomial regression analysis on the US debt.
The model that came back shows a frightening picture: we’re going to hit 40 trillion of debt in just three years much sooner than the CBO predicts.
This is a nonlinear function: it’s gonna get EXPONENTIALLY worse over time! https://image.nostr.build/135697aa3f4b8f6c06bc735401ac65c0f084454cf23b59d52445653880c571e7.jpg

2024-10-23 03:12:48

Thinking about Rome rn https://image.nostr.build/09c304540f32ea6abe5bdad17726f9db890be2e8a45b90e9688e31a4c1d02a45.jpg

2024-10-22 23:39:34

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I think about this constantly.
I’m forced, at gunpoint, to pay for the welfare state, constant wars, government subsidies, social security, Medicare and shitty infrastructure.
Slavery just evolved.

2024-10-22 01:46:14

Most don’t truly understand 🫡 https://image.nostr.build/f258a7fc108f1d20d9e2d1b474047578f6885d41efa24b0a11b1a935404b0772.jpg

2024-10-22 00:38:05

The government would never let that happen, right guys?
Right? https://image.nostr.build/9180cd33f03d1641521f443823d8fb259270a6db46390a4391ddd88bdf45da86.jpg

2024-10-21 16:10:06

FINANCIAL GRAVITY:
If we divide the performance of the S&P 500 by the Fed’s Balance Sheet since the GFC, the LINE IS FLAT.
This means that there has been basically NO REAL growth in stock prices since 2008- with the only rise in prices due to money printing.
The correlation coefficient between central bank quantitative easing and the price of stock indexes is nearly 1.
The money printed by the Fed, because of the structure of the Open Market Operations, is plugged directly into the Treasury markets, and from there, flows into equities and derivatives.
This has served to primarily enrich the asset owners, financial institutions, and wealthy elites who own the majority of the stock market anyways.
The entire rally has been an illusion, financed by the Fed and maintained through QE.
In the black expanse of space, many things are not what they seem. https://image.nostr.build/f9586e024a1df225cb908c1b862031b0ad986603c010e55d50e48ac34127a6ba.jpg

2024-10-20 04:08:45

Gold hit a new ATH on Friday https://image.nostr.build/a1d073a3ccb414ed93e099a1ef960a10739d49ceb468cab613a17e52a2d33de1.jpg

2024-10-10 04:29:44

Does it even matter who Satoshi is?
NO.

2024-10-09 22:59:33

Bonds still don’t agree with powell https://image.nostr.build/494fae9972f18f06ac70a588523ff3206b340690124964dca808b2d28b8345ab.jpg

2024-10-08 20:31:47

What’s going on in Hong Kong? Stocks down 10% this morning, worst crash since 2008 https://image.nostr.build/4b21852c735be0376ba60bce3e4a2549533ff7964aa9c4fcabac588e040bbe45.jpg

2024-10-07 19:56:20

They told us markets were based on fundamentals
The fundamentals died two decades ago https://image.nostr.build/767ed048d80fbde411a6474323222ffacb10b6247ca9a453ae5bb7cbeb035552.jpg

2024-10-06 05:27:21

The liquidity wave that just hit China is coming to the US https://image.nostr.build/290a4b68038fd05bbb1fa206ab5459198a95282bb4058c6e1a208a792433e8c2.jpg

2024-10-06 02:12:24

This is the American food system
They’ll scream at you all day telling you eggs are bad for your cholesterol and then feed you sweetened corn syrup juice and tell you it’s your fault if you become diabetic https://image.nostr.build/870a0a37463603610c45ef28d371df52693ec178a2f72622b15e6e47a8057002.jpg

2024-10-03 02:12:27

Benjamin get the musket https://image.nostr.build/e48d9e65ca7b4a8a415cccdb01c47676c9626131e3a3c5b77c5ced8092cf0674.jpg

2024-10-01 23:24:33

“Hey guys I know there was a massive natural disaster and your family is stranded, but there’s a new war in the Middle East we have to fight” https://image.nostr.build/d88466554e22dd57077941416b17067ecf1f3903fce2d0925dc2812a1ddf097d.jpg #note17z2…je0q

2024-10-01 22:17:01

War Is A Racket
“WAR is a racket. It always has been.
It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.
A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small "inside" group knows what it is about. It is conducted for the benefit of the very few, at the expense of the very many. Out of war a few people make huge fortunes.
In the World War [I] a mere handful garnered the profits of the conflict. At least 21,000 new millionaires and billionaires were made in the United States during the World War. That many admitted their huge blood gains in their income tax returns. How many other war millionaires falsified their tax returns no one knows.
How many of these war millionaires shouldered a rifle? How many of them dug a trench? How many of them knew what it meant to go hungry in a rat-infested dug-out? How many of them spent sleepless, frightened nights, ducking shells and shrapnel and machine gun bullets? How many of them parried a bayonet thrust of an enemy? How many of them were wounded or killed in battle?
Out of war nations acquire additional territory, if they are victorious. They just take it. This newly acquired territory promptly is exploited by the few -- the selfsame few who wrung dollars out of blood in the war. The general public shoulders the bill.
And what is this bill?
This bill renders a horrible accounting. Newly placed gravestones. Mangled bodies. Shattered minds. Broken hearts and homes. Economic instability. Depression and all its attendant miseries. Back-breaking taxation for generations and generations.”
Read the rest here: https://www.ratical.org/ratville/CAH/warisaracket.html #note1w80…xf5u

2024-10-01 19:54:33

This war feels awfully manufactured

2024-09-26 20:24:37

Carnivore diet is elite 👌

2024-09-18 22:36:59

POWELL: FED IS NOT DECLARING VICTORY OVER INFLATION
yeah no shit, sherlock

2024-09-18 18:09:07

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Yes they are parked at the Fed. I am starting a whole series on monetary plumbing to be posted on my substack soon

2024-09-18 01:36:42

Is there a way to pin a note to your profile on Damus or any other Nostr app?
I want to bring over all my great Twitter threads onto here, but I want to have a nice convenient place to store them so anyone coming to my profile in the future can just read all my best work

2024-09-17 19:42:29

Our monetary system does not work how do you think it does.
An economics courses they will tell you that when the Fed bank reserves, those bank reserves are multiplied out into loans which then create deposits.
That view is incorrect. Reserves are strictly financial economy money and do not directly correlate to private credit creation with only one exception (Treasury General Account).
In fact, in 1986 we had around $2.8 trillion of M1 money supply and yet bank reserves were only $39billion. Fast-forward to 2008 and money supply was sitting above $7 trillion and bank reserves had fallen to 10 billion.
So if bank reserves don’t actually facilitate credit creation, then what do they do?
Essentially, they act as accounting entries on bank balance sheet to settle interbank payments, But ironically, Banks can just use their own ledgers to settle directly with each other using cash.
All of this changed in 2008 when the fed began their massive QE program and injected $2 trillion of bank reserves into the system in short order, stuffing the banks with a new asset that had to be parked somewhere.
The rise in base money in the form of reserves, therefore flowed into the financial markets, equities, derivatives and bonds, and serve to ignite the most aggressive market in US stock market history. https://image.nostr.build/d5aa3371f3f530618e81d806159a9038a23d6d8f30b208b2ef31fb8e74560298.jpg

2024-09-16 01:37:33

Why are there now 1000 reply guy bot accounts on NOSTR?
It’s annoying as hell

2024-09-16 00:15:38

Chinese buying is the main reason gold has been ripping, and as their economy slowly implodes, the trend should continue https://image.nostr.build/a54f695dcbef7fbfa542ba9082f6b6b5081d2ab89e2c60318c25f10fd6bd9dfb.jpg

2024-09-13 00:34:21

whenever someone tells me that a rising national debt is a sign of a booming economy, I accelerate the narrative
“yeah 1 trillion in interest expense is good but man I can’t wait till we get to 10T. Or 100T.
gonna be so bullish when we hit that”
let’s push it until the argument collapses under its own retarded weight

2024-09-12 01:06:49

https://image.nostr.build/2ab738a23c474e834d2da543cb44cfcb627ce1ea698983e3ec2ce743246405df.jpg

2024-09-07 07:37:13

https://image.nostr.build/841916cea990b0b095024dd58cdc31627e0166bd66be2d1dc8cdfb5029ace6b6.jpg

2024-09-01 18:38:20

They can arrest the CEO of Twitter.
They can’t arrest the CEO of NOSTR 👌 #note1hxw…fdh2

2024-09-01 18:36:58

So basically all GDP growth since 2020 is a result of debt creation? 🤯 https://image.nostr.build/f3c04c5cc9db8962bb77727f31be92491bb08ff8c929044caac2b0fed4c3c3ff.jpg

2024-08-30 02:49:50

All part of the dollar endgame 🔥 #note19l0…tku3

2024-08-20 20:41:25

Yeah the Twitter algo has started to not like my engagement with Anti CIA and anti big Pharma content.
I should post on here more frequently 👍 #note1a57…leug

2024-07-20 21:42:20

This is a great article on the power of Nostr @npub1a2c…w83a
https://www.lynalden.com/the-power-of-nostr/

2024-06-10 19:18:31

here's what everyone might be missing about the Roaring Kitty/DFV story:
Maybe it was NEVER about the money.
RK by now has more money than he ever knows what to do with. even if $GME closes below $20 next week.
He's a regular guy, who is an intelligent and educated investor with a CFA who found a struggling company and went all in.
he exposed more corruption, shenanigans, backroom deals, and overall rot of the system than he could have ever imagined.
with this money he wanted to come back, aligned with the swap cycles, to show us once again that the shorts haven't closed and crime is still happening in real time.
all of fintwit measures your character by your P&L. if he loses money, they'll call him an idiot, a grifter, a loser.
but his intention might be different. maybe he's crazy enough to allow himself to "lose" in the pursuit of the truth about the markets.
what if it's not about money?
maybe it's about sending a message.

2024-05-25 18:28:55

Want to know a shocking fact?
Our stock markets are fractionally reserved. For decades, ever since the inception of electronic book entry, the creation and dissemination of synthetic shares has been common place.
Thousands of companies have been naked shorted into the dust, if their business plan or go to market strategy was not in line with what certain powerful people wanted.
Richard Simpson, who was an investor in global links in 2005, bought the entire float and more of the stock, and moved it into his brokerage account. Over the next two days 50 million shares traded.
This is not new or unique to just this small company. Many popular household names, like GameStop, Toys “R” Us and Sears have been naked shorted into the ground in a bid to push them into bankruptcy and scoop up their assets for the cheap.
Realizing this makes you lose faith in the stock market. If the shares you hold aren’t real then is any asset real?
The answer is bitcoin. 1 million GameStop apes stand ready to be told the truth and move their wealth into an asset that can’t be debased, rehypothecated, or synthetically printed.
The GameStop meme is about much more than than the company. It’s about the awakening of an entire generation. https://image.nostr.build/5e88d8aabdb0a8e393ef3ab5d01fcebca1eb1611185bf09c2e02bc117ae0a7e7.jpg

2024-05-20 19:00:18

Did you know that $55 BILLION of excess capital premium (collateral charges) were waived in early 2021 as the GME price skyrocketed and institutions found themselves underwater?
The NSCC saw a market wide disruption, and the squeeze on GME would have frozen multiple brokers and clearing firms, including Instinet.
To cope with this, they waived the charges and froze buying to stop the bleeding.
Our stock market is run by a cabal, and you never win if it comes at their expense.
This is why we Bitcoin. A million apes are learning in real time about why owning your own assets is so crucial. https://image.nostr.build/ade9268df84ddeea5de343e7363724e19271905bf99c73e0ba5a1af0f9b9e1da.jpg

2024-05-14 18:13:47

The price of GameStop hit $80 in premarket trading today, and then collapse all the way back down to 39.
This is not retail. Most small investors don’t have access to premarket, trading and disposable income is basically drained from the pandemic stimulus.
There are massive institutions that have a vested interest in GameStop, and they shorted more shares than exist, which created wall of failure to delivers, which occasionally come back in the form of these price spikes .
This is all the more evidence that the Fiat financial system is completely broken, and bitcoin is the solution. https://image.nostr.build/5390f27bfe1802f4e40b8830c9c794f3f41d632626320fa4b1dc757cc741ae0d.jpg

2024-05-14 05:04:30

- reply

The absolute level matters, but so does the pace of increase of the new debt.
Japan was able to kick the camper so long because I’ve insanely low monetary velocity and a positive current account which means they had excessive capital to defend their currency and with rates being low globally, there wasn’t any pressure building up.
Now, with federal funds rate above 5%, and the Japanese still close to the zero bound, the massive carry trade is opened up and is pushing the yen weaker and weaker
It’s hard to say on timeline, but I would say definitely within this decade the Fiat financial systems is going to reach breaking point
As for adding bitcoin to Substack, I don’t have an option, but if you just zap me the sats on my Alby wallet and DM me your email I’ll add you manually

2024-05-14 03:33:48

GameStop is ripping right now. Back in 2021 it was shorted well over 150%, most people would ask why or how that could even be possible and the answer is someone can sell a short multiple times. It also means that the shorts cannot escape.
GameStop represents a chink in the armor of the financial system, the nuclear beating heart of the death star of infinite liquidity and shorting that is our stock market
Bitcoin is the escape valve, and GameStop is the red pill that will awaken millions https://image.nostr.build/f6dadebfcfde17af55ff7909d051dd06fb577dd4d587beb8ee8aa4e064c16816.jpg

2024-05-05 19:32:42

the japanese government itself is doing a $20T carry trade.
George Saravelos, the head of currency research at Deutsche Bank, examined a combined balance sheet of the Japanese government, encompassing the government-managed pension fund GPIF, the Bank of Japan (BOJ), and state-owned banks. He examined the asset and liability composition of Japan's $20 trillion debt.
basically this debt is a giant carry trade that involves borrowing yen at the zero bound and buying assets in higher-yielding currencies.
but this means that the government itself is TRAPPED.
"If the central bank raises rates the government will have to start paying money to all the banks and the carry trade's profitability will quickly start unwinding," Deutsche analysts said.
This would result in higher interest payments on bank reserves and a fall in the value of government bonds, along with a reduction in the value of government assets in an environment of rising interest rates.
Potentially causing a financial crisis in Japan on the same level as 2008.
Thus, they can't really afford for their carry trade to blow up in their face. So, they must keep it on, slowly whittling away at their currency.
The BoJ will do Yenterventions to slow the fall, but they'll have to let it fall eventually. https://image.nostr.build/057edf4af48a1c0bef5137bd69f0410af8310226aac3d8505b3201e2fd7fd779.jpg

2024-05-02 15:32:09

Last night we had our second Yentervention
At this rate their going to burn through the capital account quickly, they may have five or six more interventions of this size left https://image.nostr.build/ae4f94e18d854b3912caa9f62e4bc145cbf2d503d62cb5d31ca2ae18c31f7556.jpg

2024-04-27 16:33:34

What an absolute chad! Hahaha #note17mx…eswh