JUST IN: James Wynn, a high-stakes leverage trader, has deactivated his account on X.

JUST IN: Donald Trump announces a 30% tariff on the European Union and Mexico, warning that if they retaliate, tariffs will increase by the same amount.

Some people are built for the grind. Others for the paycheck.

The options were:

Pay off debt
Or
Print more money

And you thought we were going to pay off debt?

Consistency is boring.

Boring is profitable.

Accept it.

Get rich slow.

The trouble is, you think you have time.

You live like there’s always another Monday, another chance, another year.

But one day, there won’t be.

And all the things you meant to do will just stay meant

Discipline is the highest form of self-love.

Most people will never experience it.

This is such a critical chart.

Historically, whenever commodities have been this undervalued relative to gold, it has signaled a major market bottom.

Now imagine a scenario where inflation begins to rise again, just as a new ultra-dovish Fed chair is appointed.

This could set the stage for a supercharged environment for hard assets.

Donald Trump told you there would be some short term pain.

Then he nuked the S&P500 1400 points, posted:

It’s a great time to buy

at the stone bottom, then gassed it back to ATH in a straight line with no dips

Legend stuff.

History shows us that having too much debt during an economic downturn leads to a classic, self-reinforcing cycle where:

1) The empire can no longer borrow the money to repay its debts

2) It prints a lot of new money, which devalues the currency and raises inflation

3) Living standards decline, leading to the rise of political extremism

4) Turbulent economic conditions undermine productivity and there is conflict about how to divide the shrinking resources

5) Populist leaders emerge pledging to take control and bring about order

Ray Dalio