Are Fundamentals Finally Bullish?
Episode publishedPodcast: 1000X1000X
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I think this time, what emerges from this cloud of of crap is gonna be Bitcoin and a very small handful of solid projects that will probably perform for the next few years. I think that I think retail has finally tapped out of meme like investing. This
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Hey. Nice to see you, man. Everyone.
Two two another thousand x. I'm pretty happy today because the market's down 3%, both Nasdaq and S and P. But gold is up 3%, and, that means my portfolio is doing pretty well and Bitcoin's up, which means that my portfolio is doing even better. You know, things are things are kind of heating up. I mean, this is this is one of those scary moments for people that hold equities where equities are just slowly grinding down. They're melting lower, but the market is acting kind of how you would expect it to. Right? So there are two types of equity sell offs. There's the everything sell off where peo
Yeah. I mean, the the gold is just ripping like a like a real like an alternative, crypto asset, let's say. It it doesn't look like a, you know, $25,000,000,000,000 asset. It's it's not it's not pricing like that. It's pricing like a micro cap that's ripping in some sort of alt season, which is bizarre to see because, you know, gold will put in decades where where it just does absolutely nothing or underperforms everything else. And then you get one of these. And like you said, you know, makes you think twice about the stability of global markets. And, you know, there's this acronym. It's it's
that's been really meaningful. Amazing to see Bitcoin outperforming. So if you go to our favorite trusty chart of Bitcoin over Nasdaq
I I prefer iBitSpy because they have the same close. Oh, I bet You could do iBitSpy. Do do do
do whatever you want. I like the Bitcoin charges because I can see the history, but I do agree that now it's cleaner to use iBit. Bitcoin over equities is at they're at the highs. Yeah. And that that ratio is literally at an all time high. It's it's the only time it was higher than it is today was one day, which was Monday, January 20, which is when Trump got elected and Bitcoin put in that crazy candle or Trump got, you know, sworn in, whatever. That
was
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