BTC, gold, equities, real estate, crypto, commodities — price mechanics.
We’ve written about cycles before. Kondratiev waves, the hegemonic cycle, the Benner window, the liquidity sine wave. All useful as a map – you can see where you’ve been, you can see where the system is heading over the long term. But one question remains: how do you know where you are right now? The … Read more
Markets are falling. Economic forecasts are darkening. Global trade is collapsing under a wave of tariffs. And against this backdrop, more and more serious analysts aren’t talking about an approaching disaster — they’re talking about the final rally. A strong one, fast one, euphoric one. A rally that’ll come before the crash, not after it. … Read more
If the world is segmenting, and it is, one practical question rises above the noise: what serves as universal collateral between systems that don’t trust each other? The dollar is the strongest candidate, but it’s not politically neutral. Other currencies are even less so. This creates space for two things: an old collateral instrument (gold) … Read more