The Deep Reach retweeted
I don’t want to be that guy
But
You know what usually happens in the markets when metals go wild?
If you don’t you should look back.
Stay frosty.
The Deep Reach retweeted
Tobi Vail and Kathleen Hanna of the punk band Bikini Kill found a brand of deoderant in a store in Olympia Washington one night in 1990. They both found the name hilarious. It was called ‘Teen Spirit’.
It was marketed to teen girls with girly type fragrances. Vail was Kurt Cobain’s girlfriend at the time and was creatively ransacking Cobain’s apartment one night with pal Hanna. Hanna scrawled a suitably riot grrrl insult on a wall with a black sharpie…Kurt smells like Teen Spirit.
Cobain mistook the context and regarded it as a pat on the back, a reference to his concern about teenage alienation and apathy.
It was not until months after the song was released that he was made aware of the irony. In spite of the misunderstanding, the single struck a chord with disaffected youth and resulted in Nirvana’s stunning rise to grunge infamy and the unintentional empowerment of a generation.
The Deep Reach retweeted
BREAKING NEWS: Out of the top 200 insider trades over the last week (by value). 0/200 were buy orders. I have never seen anything like this in my life.
The Deep Reach retweeted
Because he can't do it.
"Gold! It is the only medium that currencies do not "move thru". It is the only Money that cannot be valued by currencies. It is gold that denominates currency. It is to say "gold moves thru paper currencies"."
The Deep Reach retweeted
A timely reminder from a former Federal Reserve Chair:
"If gold is a relic of history, why do Central Banks + the IMF still hold over $1T of gold? If it's meaningless, why is everybody still holding it?"
- Alan Greenspan
The Deep Reach retweeted
"Truly there would be reason to go mad were it not for music."
— Tchaikovsky
The Deep Reach retweeted
Generally we discount the opinions of people with a financial stake. Like we all now understand that Big Pharma maybe isn’t the best source of info on drugs/vaccines. Huge processed food companies maybe not the best on junk food.
Let’s do this with artificial intelligence too.
The Deep Reach retweeted
This is the best 5 second video that exists on this platform right now:
Lmao
The Deep Reach retweeted
🚨YELLING REPORTER: "You said that you would demand that the interests rates come down. Do you expect the Fed to listen to you?"
TRUMP: "Yeah." LOL!! 😂
The Deep Reach retweeted
BREAKING: Bank of Japan raises rates, with rate decision of 0.5% (forecast 0.5%, previous 0.25%)
The Deep Reach retweeted
How France Secretly Repatriated All Its Gold Before Nixon's Dollar Devaluation
President de Gaulle of France initiated the secret operation “Vide-Gousset” and repatriated 3,313 tonnes of gold reserves from the vaults of the Federal Reserve in New York and the Bank of England in London from 1963 until 1966. De Gaulle feared America’s deficit in its balance of payments would rupture Bretton Woods and lead to a devaluation of the dollar against gold.
All France’s dollars were converted into gold and to avoid treachery the metal was repatriated over the course of three years. It took 44 boat trips and 129 flights to bring home more than three thousand tonnes of gold to the Banque de France in Paris.
France’s decision turned out extremely well. As was foreseen by the French, the price of gold in dollars increased sharply, from $35 to $800 dollars an ounce from 1968 until 1980—the dollar lost 96% of its value against gold. Countries that held on to their dollars were less fortunate.
More recently, after the Great Financial Crisis, the Banque de France repatriated 211 tonnes, upgraded all its bars to current wholesale standards, overhauled its vaults, revived Paris as a trading hub for institutional investors, and history repeats itself as we are in a gold bull market presently.
Full article: moneymetals.com/news/2024/10…
The Deep Reach retweeted
JUST IN - Bank of America is down: Customers report widespread outage, zero balances shown — CNN
The Deep Reach retweeted
1/Day 2 of the #PortStrike and a bit of background.
There is a lot of focus on the #ILA & their colorful president, but the issue of port efficiency is at the heart of the matter.
Moving containers through the terminals is key and a main point of the US Maritime Alliance.































