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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. **
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DrJeff 1 year ago
An update on *liquidity* flows... OBSERVATION #1: US NET LIQUIDITY (top half of chart) continues to be generally rangebound (chopping sideways: crab-like) since all the way back in 2021! OPINION #1: US-based risk assets tend to follow US net liquidity over time. Based on this data, I would continue to expect choppy sideways (crab-like) price action for US mid cap, small cap, and micro cap stocks until the trend changes. -- If these equities make overly bearish or overly bullish moves in the short-term, one could consider making a short-term contrarian trade. 🦀 OBSERVATION #2: GLOBAL M2 MONEY SUPPLY (bottom half of chart) has officially broken out to the upside of its three-year choppy sideways range, and is resuming its longer term trend ever up-and-to-the-right. This longer term trend will continue until the dollar dies (decades from now). OPINION #2: In the near-term, this resumption of increasing global M2 money supply is bullish for global assets... currently including megacap technology stocks and, of course, bitcoin. Based on past precedent, I continue to expect weak bitcoin price action throughout the month of August, giving HODLers a beautiful opportunity to stack relatively cheap sats in the setting of rising global M2. -- I do not believe this bargain will go unnoticed for much longer, with the next major bitcoin bull market beginning sometime between September and December of 2024, and probably lasting until 4Q of 2025. Hope this helps. Cheers #nostr friends. image
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DrJeff 1 year ago
Life-cycle of a Bitcoiner: 1. Do the work 2. Stack sats 3. HODL 4. Do well -- #HFBF* 5. Give back *(Have Fun Being Free)
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DrJeff 1 year ago
Has anything been more destructive to the planet and to humanity than a full embrace of Keynesian economics by the world’s nation state governments over the past 80+ years?
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DrJeff 1 year ago
The stock market… worldwide… but priced in bitcoin and built on the rails of the Bitcoin network. This is inevitable. Seriously. Who is building this? I want to participate in this FOSS effort.
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DrJeff 1 year ago
Being a life-long truth seeker (it’s how I’ve always been wired) occasionally got me in trouble with a few teachers and even college professors in my younger days. 😂 But, over time, this thirst also led me to: - become a devout follower of Jesus Christ - the Bitcoin network - and now, #nostr And for these things, I am extremely thankful. Other than these few things, I’m aggressively pragmatic. How about you? Are you a truth-seeker? If so, where has it led you?
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DrJeff 1 year ago
If you haven’t used the word “oophorectomy” in a sentence today, then we are not the same.