The Boys of October

So they said, the market would go down from September 1 to October 15, and that's kind of what happened. But anyway around October 7 we saw an improvement-  by the 14th market was moving up again. Dow Industrials hit all time record. In the third consecutive week of gains. That's based on strong earnings results, major indexes then wavered Friday -  market volatility is lower. What the broader market has been is calm – but Investors have piled into Bitcoin to $67k [but it could fall to $30k and not cause a whimper (it happened a few weeks ago).. And what amount of money are we talking? Google tells me As of July 29, 2021, the combined market value of the world's bitcoins totaled $742.3 billion U.S. dollars. * Meanwhile, Brent crude oil has significantly risen. Digital World Acquisition, a blank check company set up by famous hedgers has merged with THE FORMER PRESIDENT Donald Trump's pack to create an alternative to Facebook. Mean memes are back…. selling halted six times, Friday, it's up 800% This week. I guess nobody really looks too much into. Who's the guy behind the wizards curtain. But if things dry up the Fed’ll bail 'em out right? Equities ride a sea of liquidity, which is expected to taper, but not now.

* At a price of US$1,250 per troy ounce, marked on 16 August 2017, one tonne of gold has a value of approximately US$40.2 million. The total value of all gold ever mined, and that is accounted for, would exceed US$7.5 trillion at that valuation, using WGC's 2017 estimates.