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Hello Capitalists,
Here is everything you should be following today:
JP Morgan to spend billions on Trump’s mineral charge
4 key areas, one unified goal: rebuild domestic production
Gold soars to ANOTHER All Time High and so did Silver
Chat GPT is about to get R-rated
Paypal’s crypto partner just made a highly embarrassing blunder
Ex-Zuckerberg top advisor has an AI warning for his old boss
Today’s markets + assets:
🔴 DOW: 46040.29 (⬇️ 0.46%)
🔴 S&P: 6640.60 (⬇️ 0.46%)
🔴 NASDAQ: 22596.46 (⬇️ 0.33%)
⚠️⬆️CBOE VIX Volatility Index: 23.89 (⬆️ 15.75%)
✅ Gold: $4288.1 (⬆️ 2.04%)
✅ Silver: $52.77 (⬆️ 2.67%)
🔴 Bitcoin: $109,034 (⬇️ 2.11%)
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JPM Morgan bets big on Trump’s mining charge with $1.5 Trillion investment initiative
JPMorgan Chase CEO Jamie Dimon unveiled a massive $1.5 trillion [ [link removed] ] Security and Resiliency Initiative Monday, pledging up to $10 billion initially to slash U.S. dependence on China for critical minerals vital to U.S. national security amid escalating global tensions.
Targeting Four Critical Sectors: Dimon’s initiative funnels investments into supply chains, defense-aerospace, energy resilience, and frontier technologies to rebuild domestic production.
Dimon’s Urgent Warning: “Adversaries aren’t waiting—we need speed now,” Dimon declared, highlighting America’s perilous over-reliance on unreliable foreign sources.
China’s Mineral Monopoly: Beijing controls 60% of global rare earth production and 90% of refining, which fuels smartphones, batteries, and weapons production while the U.S. lags critically behind.
Political Mining Flashpoint: Trump’s reversal of Biden’s Alaska road block on mining for copper and gold deposits, sparking Democratic outcry, is seen as a first step in an all fronts attempt to reverse America’s decline in the mineral refining and mining sectors.
Together with American Hartford Gold [ [link removed] ]
Elon Musk Warns of America’s $36 Trillion Dollar Debt Bomb [ [link removed] ]
The system is crumbling, protect your wealth or suffer the fallout.
Elon Musk has avoided two major financial crises before. He pulled Tesla and SpaceX back from the brink of collapse and built two of the most valuable companies in history.
Now, he’s sounding the alarm about America’s $36 trillion debt time bomb that could destroy the fabric of our society.
While head of the Department of Government Efficiency (DOGE) under President Trump, Musk exposed just how bad things are:
✅ Runaway government spending has pushed national debt to unsustainable levels
✅ The Federal Reserve’s rate hikes are squeezing the economy, making inflation irreversible
✅ The stock market is on shaky ground, putting traditional 401(k)s, IRAs, and TSPs at risk
With Trump back in charge, major spending cuts are coming. While necessary, these cuts may send shockwaves through Wall Street, creating unpredictable market turbulence. That’s why financial elites aren’t waiting to react, they’re moving their wealth now.
For the everyday American who’s worked hard to build their nest egg, Trump preserved a IRS loophole that allows you to protect your retirement savings before billions in American wealth are lost.
Download Your Free 2025 Wealth Protection Guide [ [link removed] ] and execute the simple steps to protect your future. History proves those who act first always fare best. Will you be ready?
>>Get Your Free WEALTH PROTECTION GUIDE<< [ [link removed] ]
Gold’s rocket ride continues, and Silver is getting back in on the action
Gold prices soared to a record $4,283.90 an ounce [ [link removed] ] Thursday, fueled by President Donald Trump’s declaration of a full-blown U.S.-China trade war and bets on Federal Reserve rate cuts, as investors flock to the safe-haven metals [ [link removed] ] amid fears of global economic fallout.
Trade War Escalation Sparks Rally: Trump’s Wednesday announcement locked in U.S.-China frictions, boosting gold’s appeal alongside government shutdown effects and the “debasement trade” [ [link removed] ] shifts from debt to bullion.
Fed Easing Bets Drive Surge: Fed Chair Jerome Powell is signaling for another quarter-point cut in interest rates this month, with traders eyeing bigger reductions of possibly up to half a point and more cuts by year-end, favor non-yielding assets like gold amid lower borrowing costs.
Silver Liquidity Crunch Emerges: Over 15 million ounces of Silver were withdrawn from New York warehouses last week, with prices hitting a $53 record.
Frantic Hunt To Cover Paper With Metal: Silver prices dipped initially after hitting the $53 level, but ETF inflows eroded London stocks, sparking a global hunt for physical. The price has now rebounded above $53 with the prospect of a “Silver Squeeze” back on.
Bullish Outlook Persists Despite Risks: Bank of America’s Michael Widmer stays optimistic since $2,000/oz level, citing strong macro fundamentals, though warns ETF inflows’ 880% yearly jump may prove unsustainable.
Chat GPT is about to get frisky says Altman
OpenAI CEO Sam Altman sparked online fury [ [link removed] ] Wednesday by defending loosened ChatGPT restrictions allowing erotica, insisting his firm isn’t the “elected moral police” while vowing to shield users from harm amid intensifying safety scrutiny.
Altman Rejects Moral Overreach: OpenAI CEO declared that the company won’t police global ethics, prioritizing adult user autonomy over blanket content bans in recent X posts.
Erotica Policy Sparks Backlash: The announcement to permit erotic content on ChatGPT exploded into controversy, prompting Altman’s clarifications about treating adults responsibly.
Safety Upgrades Enable Relaxations: After tackling severe mental health risks, OpenAI expanded protections—especially for minors—allowing “safe” easing of most restrictions.
Boundaries Echo Societal Norms: Altman likens AI limits to R-rated films, prohibiting only harmful material while balancing innovation with ethical safeguards.
Paypal’s crypto partner accidentally created $300 trillion worth of tokens
In a stunning crypto blunder [ [link removed] ], PayPal’s blockchain partner Paxos accidentally minted $300 trillion in PYUSD stablecoins—far exceeding global GDP—during an internal transfer on Wednesday, sparking fears over stablecoin safeguards before swiftly burning the excess.
Massive Minting Exposed: Paxos’s Ethereum blockchain transaction revealed the erroneous creation of PYUSD tokens valued at $300 trillion, detected by market watchers via Etherscan explorer.
Rapid Error Contained: Within 20 minutes, Paxos burned the unauthorized tokens, confirming no security breach occurred and restoring normal operations without delays.
Customer Safety Assured: All user funds remained untouched and secure, as emphasized in Paxos’s official statement, with PYUSD’s dollar backing intact via U.S. treasuries and deposits.
Peg Vulnerabilities Highlighted: Incident reveals PYUSD’s stability depends on external PayPal guarantees rather than minting mechanics, amid stablecoin market cap surpassing $2.6 billion for this sixth-ranked token.
Former senior Meta advisor has a harsh warning for AI and his old boss
Former Meta executive Nick Clegg warned Wednesday on CNBC’s “Squawk Box [ [link removed] ] [ [link removed] ]Europe” that the AI sector faces a “pretty high” chance of market correction amid “crazy valuations” and hype over superintelligence, though the transformative technology will endure despite a likely downturn.
AI Boom Signals Correction: Ex-Meta leader Nick Clegg highlights an “absolute spasm” of deal-making fueling unsustainable hyperscaler investments [ [link removed] ] in data centers worth hundreds of billions, risking unrecouped costs if business models falter.
Superintelligence Hype Challenged: Clegg pushes back on pursuits by Meta’s Mark Zuckerberg and SoftBank’s Masayoshi Son, arguing large language models have fundamental limits and won’t achieve the “holy grail” of surpassing human intelligence as quickly as claimed.
Adoption Pace Underestimated: Silicon Valley’s “invent Tuesday, use Thursday” optimism ignores reality, Clegg says, citing 20-year desktop computing rollout as evidence that AI integration will vary slowly by sector and country.
Bubbles Foster Survivors: Drawing dot-com parallels, Clegg predicts any correction will cull weak players like past busts did, leaving efficient giants such as Meta, Amazon, and Google to thrive by doing “more with less.”
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