What can we do about the Age of Chaos we’re living in? You could sell everything and sit in cash. Of course, had you done that, you would have missed the most profitable May in 30 years. Or you could take a page out of my friend and master trader Jeff Clark’s book and trade the chaos.
There are a few ways to own Bitcoin, but what about speculative plays via the shares of companies converting their cash balances to Bitcoin? Strategy (MSTR) led the way there, followed by GameStop (GME), Trump Media & Technology Group (DJT), and others. To answer that, I’ll pass the baton to James Hickman, my fellow libertarian traveler and co-founder of Schiff Sovereign.
Typically, in the movies, we are led to believe that our “‘human” nature – wherein we show courage, kindness and generosity – triumphs. But it doesn’t always work out that way. And you don’t need an invasion from space to see it. Win-win deals, otherwise known as “gentle commerce,” make us richer and better off. But win-lose deals (in which you win by making the other fellow lose) never go away. And occasionally, the win-losers take over.
The very public “divorce” between President Trump and Elon Musk holds several invaluable lessons for investors. It also presents us with some powerful wealth building opportunities.
The typical investor today cut his teeth in the post-2008 world – when it has always paid to buy the dip. But in the chaotic, highly volatile market this approach and the purely buy-and-hold strategy is not going to work. It’s all down to one ominous chart of a “regime change” in the U.S. Treasury market that you need to be aware of.
We know that we’re living in an Age of Chaos. We know that it’s part of President Trump’s brand to stoke the chaos. And we know we’re only in the early innings of what promises to be a long ball game. So rather than fear it or – worse yet – ignore it… we embrace it. We trade it. Now, with rumblings of more chaos coming from the bond market, I pulled volatility wrangler Jeff Clark into the hot seat for a chat today.
The 10-year yield recently jumped from below 4% to 4.5% within days. And the 30-year yield topped 5%, its largest three-day increase since 1982. As we’ll look at today, these are classic hallmarks of the beginning of a debt spiral. That means America’s fiscal reckoning is closer than you think. So, if you don’t already have a plan to protect yourself, now is the time to put one in place.
President Trump is going all-in on Bitcoin… On Friday, his Nasdaq-listed Trump Media & Technology Group (DJT) announced it was raising $2.4 billion from investors to buy Bitcoin. It’s one of the largest Bitcoin buying deals for any public company. So it’s worth remembering why this crypto has become so popular and why you should have some in your portfolio as well.
The Senate is debating the Big, Beautiful Bill. And what has effectively changed? Nothing. Deficits are larger than ever. The debt continues to snowball. The bond market is starting to revolt. And there’s no light at the end of the tunnel. So, what happens next? I turn to my fellow Freeport traveler Bill Bonner for guidance.
With investors starting to question Uncle Sam’s creditworthiness, I asked my friend Jeff Clark to weigh in on what that means for our investments. Jeff is a 40 year market veteran. He is also one of the best volatility traders I know and volatility is the name of the game in this Age of Chaos.
