Translation: “How dare you actually try to eat ‘trading sardines’?”

t.co/sjsWIG1cQ4
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RT: @zerohedge
CFTC WILL ADDRESS POTENTIAL THREATS TO SILVER DERIVATIVES

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See TLT price action March 9-18, 2020, and immediate Fed response ($625B/week in QE.)
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RT: @Katie Greifeld
What would the Fed do if WSB engineered a short-squeeze on long-term Treasuries

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GME saga might be the domestic financial equivalent of kicking Iran out of the SWIFT system in 2012.

It was effective near-term, but in the intermediate-term it turbocharged China's & Russia's de-dollarization efforts.

In 2020, USD share of Chinese/Russian trade was 45%: twitter.com/LukeGromen/status/

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Called the local coin dealer today.

Him: “Silver spreads are up; 1 oz silver Eagles are $31/oz. We are really busy, lots of people in here we have never seen before, buying silver.”

Me: “Are they old or young?”

Him: “They’re like 30 yrs old.”

This might get interesting.
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RT: @zerohedge
Reddit Preparing To Unleash "World's Biggest Short Squeeze" In Silver zerohedge.com/markets/reddit-p

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I fear in the not-too-distant future, a day will come when stocks are down big & so are TLT and DXY.

That day will blow a lot of American investors’ minds, but EM investors will recognize the message (which is the same message BTC has been screaming at the top of its lungs.)
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RT: @Daniel Gosselin
@LukeGromen And dollar still down. No flight to safety happening yet, people are still complacent.

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Dow Jones Industrial Average down 600 points in two of the last three trading days and safe haven TLT is down.

Big potential signpost.

fftt-llc.com/

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The "free markets" conversation has not yet reached getting rid of unallocated credit gold markets or cash-settled UST futures. Until it does, we're just playing with our food; we will continue down the path we're on.

What path is that? The one the BTC chart is warning of.

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"Professor, don't you find it curious that the stock market stopped tracking US monetary velocity around the turn of the century?"

"Actually, if I think about it, I don't find it curious at all." twitter.com/LukeGromen/status/

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After we offshored our industrial base to China, the two biggest pillars of US govt "soft power" have been Tech & Wall Street.

It appears a civil war has erupted between those two pillars.

I would not fade chaos just because the year & the occupant of the White House changed.

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This was a great conversation, thank you for having me on!
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RT: @TF Metals Report
This @SprottMoney Ask The Expert segment was terrific and very informative. The guest was @LukeGromen. You should be sure to watch/listen.
sprottmoney.com/blog/Ask-The-E

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with @FuturesBen_TDAN ⏩ @LukeGromen gives his biggest takeaways from the volatility driven by the retail short squeeze and assesses how the fervor toward names like $GME could impact activity moving forward: “The markets are far more levered than even I thought.”

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This concept is well-understood outside the US but not as well-understood inside the US.

Sadly, on current course and track, it will likely also be well-understood inside the US in coming years.
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RT: @Brent KT
“I want to have the ability to protect my savings, from what I have earned throughout my life to this point, from confiscation through inflation or currency collapses as a result from bad decisions that I really didn’t have a vote on”

- @LukeGromen

@stephanlivera podcast

Ironic? The guy the US govt needs to send satellites into space (so the US doesn’t have to rely on Russia to launch US govt satellites, link below) just put BTC in his Twitter bio.

nbcnews.com/storyline/ukraine-

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The Fed effectively banned selling in the risk-free asset that underpins all other global assets (short-term USTs) when it quelled the repo rate spike to 8-10% in Sept 2019.

When you overprice the risk-free asset, EVERYTHING else gets overpriced.

fftt-llc.com/

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The Fed effectively banned selling in the risk free asset that underpins all other global assets (short term USTs) when it quelled the repo rate spike to 8-10% in Sept 2019.

When you underprice the risk-free asset, EVERYTHING else gets overpriced.

fftt-llc.com/

---

Thanks for having me on @stephanlivera, it was fun catching up!
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RT: @Stephan Livera
SLP247 @LukeGromen - Does Recreate The Hunger Games?

Luke and I chat:
- Bitcoin for transactions vs store of value
- learning bitcoin
- does it create a hunger games?
- bitcoin as smoke alarm
- why interest rates can't rise

stephanlivera.com/episode/247/ t.co/pnFpwhQg9t

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People are upset about trading limitations put in place by Robin Hood on GME & AMC...but not on the 10% early withdrawal penalty on $6.4 trillion in 401(k) plans?

🤔🤔🤔

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"I do not believe that these issues will cause a crisis in the next five to 10 years...[but will] create intergenerational warfare and scapegoating will make for very difficult and bad politics. This is a tragedy that we can see coming."

-Jamie Dimon, April 2016

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This 👇👇👇👇
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RT: @Christopher Cole
Media blames r/wallstreet bets for cornering stocks with embedded leverage + massive short interest

Um... That's capitalism

Root problem is policymakers cornering price of risk with liquidity-infinity

That's not capitalism

Policymakers, look in the mirror, it's just starting

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