🔥Central bank demand for gold is accelerating:
World central banks acquired 41 tonnes of gold in May, following ~20 tonnes in the prior month.
Year-to-date, Poland has been the biggest buyer, adding 64 tonnes and bringing its total gold reserves to a record 614 tonnes, on track to reach its 700-tonne target.
This is followed by Uzbekistan, which added 33 tonnes. Notably, the country's gold reserves now stand at 87% of its total FX reserves.
Meanwhile, China has bought gold for 20 consecutiv...
⚠️Is this why the US unemployment rate is not rising?
The US labor force dropped by -720,000 people in June, the 2nd-largest monthly decline since the 2020 Crisis.
As a result, the labor force participation rate fell -0.3 percentage points, to 61.5%, the lowest in 50 years, excluding the 2020 shutdown of the economy.
This metric measures the working-age population either employed or actively looking for work.
Meanwhile, the unemployment rate fell to 4.2%, but it only counts people who are ac...
🚨 #Bitcoin❗ Cycle Fractal Is Repeating... But This Time Is Different.
History rarely repeats perfectly, but it often rhymes. Previous $BTC cycles delivered explosive rallies followed by brutal corrections averaging 77% to 86%. The current cycle has only retraced around 53%, significantly shallower than historical bear markets, suggesting structural strength remains intact despite extreme fear.
From a cycle perspective, Bitcoin has completed roughly 70% of its historical bear market duration, ...