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Hello Capitalists,
Here is everything you should be following today:
Michael Dell to seed 25 million “Trump Accounts” with $250
Largest charitable donation to children in history
Gold and Silver soar as crypto falters
Data Center power appetite to surge 300%
“Tokenized bets” to go live on prediction market
Famed short seller sees trouble ahead for AI chip backed loans
Cyber Monday Chaos as Shopify crashes
Today’s markets + assets:
✅ DOW: 47435.06 (⬆️ .31%)
✅ S&P: 6826.75 (⬆️ 0.21%)
✅ NASDAQ: 23415.86 (⬆️ 0.60%)
⚠️🔴CBOE VIX Volatility Index: 16.65 (⬇️ 3.42%)
🔴 Gold: $42190 (⬇️ 1.28%)
🔴 Silver: $58.605 (⬇️ 0.91%)
✅ Bitcoin: $92,144 (⬆️ 5.92%)
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Dell billionaires unleash $6B giving storm for America’s 250th Birthday
Billionaire Dell Technologies founder Michael Dell and his wife Susan pledged a staggering $6.25 billion [ [link removed] ] Tuesday to seed “Trump Accounts” for 25 million low-income American children under 10, aiming to ignite family savings and stock market growth for education, homes, or businesses.
Historic Private Pledge Unveiled: The donation, the largest single U.S. children’s gift ever, dwarfing past commitments, comes from Dells’ $148 billion fortune to target ZIP codes with median incomes below $150,000.
Incentivizing Family Contributions: The $250 per child deposit - to celebrate America’s 250th Anniversary - supplements the government’s $1,000 seed capital with Dell urging even modest family additions so as to compound via index funds for long-term wealth building.
Visionary Quotes Inspire Hope: Michael Dell envisions “hope and prosperity for generations”; with Susan emphasizing “we’re all rooting for them to have a wonderful future, a bright future, and that that’s available to them.”
Program Milestones Ahead: The accounts launch July 4, 2026, for births through 2028; Dell hopes to cause a ripple-effect of donations from other high net worth individuals amid a push for intergenerational equity through market investments.
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Crypto’s slide fuels a Hard Asset surge
Gold surged past $4,270 an ounce [ [link removed] ] and silver shattered records above $59 Monday as a brutal crypto sell-off and a fading U.S. dollar propelled investors into safe-haven precious metals, fueled by bets on a Federal Reserve rate cut amid Yen volatility fears.
Gold Climbs Steadily Upward: Futures advanced 0.29% to $4,267.20 per ounce on COMEX, marking a fourth consecutive monthly gain and 60% year-to-date rise, nearing October’s $4,336 peak.
Fed Bets Drive Dollar Decline: Dovish central bank signals boosted odds of a December 25-basis-point cut, weakening the dollar index and shifting capital from yield assets like bonds toward non-yielding like gold and silver.
Analysts Bullish on Peaks Ahead: Goldman Sachs forecasts gold at $4,900 by late 2026; UBS has upped its target to $4,500 mid-year, citing enduring diversification and geopolitical hedge roles amid ongoing market disruptions.
SILVER SOARS TO $59 RECORD, DOUBLING IN 2025!
Silver prices smashed through $59 per troy ounce [ [link removed] ] Monday, doubling year-to-date amid supply shortages and green energy demand, outpacing gold’s gains and signaling investor flight to safe-haven assets amid economic jitters.
Supply Squeeze Peaks Historically: Leasing costs for industrial silver hit 2002 highs, with available supply at tightest levels on record, per Deutsche Bank, exacerbating shortages beyond investment needs.
Green Tech Fuels Rally: An anticipated surge in solar panels and EV batteries is driving industrial demand, positioning silver as a key enabler in the global energy transition.
ETF Holdings Set Records: Investor appetite expected to push silver ETFs to 1.1 billion troy ounces by 2026 end, eclipsing 2021 peak and sustaining upward price momentum.
Fed Cuts Shape Outlook: Forecasted $55 average price next year hinges on rate reductions boosting liquidity, though inflation risks could temper gains if cuts fall short.
Data Center’s energy time bomb, 300% increase in power needed by 2035
Data centers’ voracious appetite for power is set to explode nearly 300% by 2035, [ [link removed] ] demanding 106 gigawatts—over twice today’s global electricity needs—fueled by AI’s relentless compute hunger and straining U.S. grids from Virginia to Texas.
Forecast Predicts Massive Surge: Energy demand for data centers is projected to balloon from 40 gigawatts today to 106 gigawatts by 2035, dwarfing current global electricity capacity.
AI Drives Compute Boom: Artificial intelligence training and inference will consume nearly 40% of data center compute, boosting utilization rates from 59% to 69% amid $580 billion in global investments this year alone.
Facilities Scale Up Dramatically: Future data centers will average over 100 megawatts of capacity—double the current average—with nearly 25% of those surpassing 500 megawatts and some hitting 1 gigawatt, sparking a rural buildout as urban sites dwindle.
Prediction firm unleashes “Tokenized bets” in huge Crypto play
In a bold pivot to lure high-volume crypto traders, federally regulated prediction market firm Kalshi launched tokenized wagers on the Solana [ [link removed] ] blockchain Monday, bridging traditional event contracts with anonymous, on-chain trading to tap the $3 trillion digital asset boom.
Tokenized Wagers Debut: Kalshi now offers digital blockchain versions of its event contracts on Solana, enabling anonymous trades via integrations with DeFi protocols DFlow and Jupiter.
Regulatory Triumph Fuels Expansion: After a landmark CFTC victory in 2024, Kalshi operates in 3,500 markets across 140 countries, leveraging $300 million funding from Andreessen Horowitz and Sequoia to arch rival Polymarket.
Liquidity Surge Expected: Crypto users, driving $28 billion in prediction market volume through October, could boost Kalshi’s trading depth, competitive pricing, and larger bet sizes amid an intensifying rivalry.
Developer Ecosystem Ignited: Front-end builders can now tap Kalshi’s liquidity for custom apps, unlocking billions in crypto capital and scaling prediction markets beyond traditional exchanges.
AI Chip backed debt looms, Defaults Ahead?
Famed short seller Jim Chanos warned Tuesday at a financial conference that unprofitable AI startups are piling up billions [ [link removed] ] in Nvidia GPU-backed debt, predicting inevitable defaults as chips depreciate and business models falter.
Chanos Echoes Bubble Warnings: The legendary investor, famous for his Enron takedown, flags neoclouds’ loss-making ventures as mirroring dot-com excesses, urging scrutiny of overhyped AI scalability.
GPU Collateral Fuels Frenzy: Startups are securing loans at premium rates using their Nvidia hardware as collateral, pioneering a debt ecosystem that sidesteps traditional equity funding amid the AI boom.
CoreWeave Leads Massive Borrowing: The cloud firm has amassed $10 billion in GPU debt in addition to a reported $65 million loss in 2024; Nvidia backs three of four key players, expanding its non-Big Tech clientele.
Depreciation Threatens Repayment: Rapid obsolescence of AI chips could slash collateral values, amplifying risks for Fluidstack, Lambda, and Crusoe’s combined $20 billion-plus obligations if profits don’t emerge.
Cyber Monday Chaos, Shopify Crashes, Millions Lose Out!
In a Cyber Monday nightmare, [ [link removed] ] Shopify’s login systems collapsed around 11 a.m. EST, stranding thousands of merchants and blocking access to vital admin and point-of-sale tools amid projected $14.2 billion in U.S. online sales—sparking widespread transaction failures for brands.
Outage Peaks Midday Frenzy: Reports surged to 4,000 by 11 a.m. EST on Downdetector, escalating to thousands more by 1:15 p.m., crippling backend access during peak holiday traffic.
Authentication Flaw Exposed: Shopify pinpointed and patched a login flow glitch, that was triggering the disruptions that halted merchant operations and once again highlighted vulnerabilities in e-commerce infrastructure.
Big Brands Feel Sting: Affected retailers included Reebok, Mattel, Barnes & Noble, and Nestle, whose reliance on Shopify amplified chaos in processing over 10% of U.S. online transactions.
Recovery Signals Hope: By 2:31 p.m. EST, fixes showed recovery signs for admin and POS logins, though monitoring continued amid fears of lingering sales losses on the year’s biggest shopping day.
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