Just dropped!
I had a great conversation with @Danny Knowles on the latest What Bitcoin Did show.
Check it out and let me know your thoughts. 🔥
And don’t forget to zap Danny for his tireless efforts and excellent interviews! ⚡️
Dr. Jeff
DrJeff@primal.net
npub1k7vk...c04l
Macro.
Charts.
Geopolitics.
Random musings.
Sometimes funny.
Occasional doom and gloom.
Fund management insights.
Never individual investment advice.
** Nothing to do with Vailshire Capital Management, LLC or Vailshire Partners, LP hedge fund. **
We are all military analysts now.
lol… so many people and market participants reading/watching mainstream media think the war in the Middle East is basically over.
Things about to get real in the coming days.
Geopolitical and financial reorganization is just getting started.
#FourthTurning vibes
Issue #4 of Dr. Jeff's Macro Chartbook is live! 👀
What Are You Measuring Your Wealth In?
→ S&P 500 Total Return: +286% in dollars. +0.17% in gold. -97.59% in Bitcoin.
→ Oil tells the same story — even hard assets fail the sound money test
→ Why central banks are quietly abandoning the dollar measuring stick
→ SPX/Gold at 1.43 — the 100-year view, updated
→ A bonus health observation from your friendly neighborhood physician 😄
The dollar is a shrinking ruler. Here's what the charts look like when you use a better one.
Read it here:
Not investment advice. Just a curious observer sharing what's on his charts.

What Are You Measuring Your Wealth In?
Issue #4 — Dr. Jeff's Macro Chartbook
It’s been awhile.
Who’s getting ready for yet another #58kGang party?!?
🥳
Bonus Issue 2.5 just dropped... free for everyone! 👀


It's not a Trump TACO. It's a strategic stall.
Bonus Issue 2.5: Special Situation Flash Analysis
So… in the coming days/weeks:
- US vs Iran over Kharg island.
- US vs Russia over Cuba.
- US vs China over Taiwan.
Seems like a lot. 🤔
Hegemony-ending kind of stuff, no?
What could possibly go wrong?
🇺🇸
Issue #3 coming on March 26th…


Substack
Jeff Ross (@jeffross191961)
So… in the coming days/weeks:
- US vs Iran over Kharg island.
- US vs Russia over Cuba.
- US vs China over Taiwan.
Seems like a lot. 🤔
...
What I'm watching… 👀
The Nasdaq 100 rarely closes below its 200-day moving average… but when it does, it has historically gotten worse before it gets better.
We're there now. 🍿
More in Issue #3… March 26th.


Substack
Jeff Ross (@jeffross191961)
What I'm watching…
The Nasdaq 100 rarely closes below its 200-day moving average… but when it does, it has historically gotten worse before it...
It’s early days, but…
If you’re interested and have found it helpful so far, I would be honored to have you help spread the word of my new newsletter (Dr. Jeff’s Macro Chartbook) on Substack.
You will be rewarded for your efforts with free months of subscription.🤑
Here’s how to help:


Invite your friends to read Dr. Jeff's Macro Chartbook
Thank you for reading Dr.
The script?
Team A: Get overly involved and distracted in the PG, by design.
Team C: Make a quick move for T while Team A is “too far away to meaningfully help.”
Team A: “We would have liked to help more, but the PG crisis was imminent and most of our former allies refused to help. What could we do?”
“If the pattern holds — and there is no guarantee it will — global M2 may be approaching a cyclical peak sometime in the coming weeks or months. Or maybe it just did in February 2026. Bitcoin, it appears, already knew.” 👀


Dr. Jeff's Macro Chartbook — Issue #2 Follow the Liquidity
"Give me control of a nation's money supply, and I care not who makes its laws." — attributed to Mayer Amschel Rothschild
Early WW3 vibes.
Because I like you, here's a free glimpse of an amazing chart that I'm regularly watching... 👀
Three data lines are overlapping:
1. ISM Manufacturing PMI (multi-color line)
2. Global M2 (blue line)
3. Bitcoin price (red/green candles)
I still believe that the unimpressive bitcoin price performance in 2025 resulted primarily from the lack of a positive US manufacturing cycle since 2021.
Everything became distorted during the 2021 Covid-related, fiscal/monetary easing debacle, but cycles have a way of re-establishing themselves.
ISM Manufacturing PMI is finally starting to recover.
It will be interesting to see if the price of bitcoin responds in kind, as it (seemingly) has in the past.
Not a prediction, just some observations.
Cheers. 🍻


Issue #2 of the brand-new "Dr. Jeff's Macro Chartbook" drops this Thursday, March 12th. 👀
Each issue: ~5 charts I'm actively watching as a fund manager, with commentary on what I think they're telling us. Macro, geopolitics, the occasional Bitcoin rant, and unsolicited health/wellness advice -- all included at no extra charge. 😁
If you missed Issue #1 -- the most important macro chart of the last 100 years -- you can read it here:
Note: I will never give individual investment advice. Don't ask. 😉

Dr. Jeff's Monthly Macro Chartbook — Issue #1 The Most Important Chart in the World Right Now
If you follow me on Nostr or have seen my prior YouTube interviews, you’ve probably heard me talk about this chart.
A systematic process is ♾️ better than a prediction.
I'm doing a new thing. On Substack. 👀
Hopefully, it will provide value to some of you!


Dr. Jeff's Monthly Macro Chartbook — Issue #1 The Most Important Chart in the World Right Now
If you follow me on Nostr or have seen my prior YouTube interviews, you’ve probably heard me talk about this chart.