Interesting perspective — and it does seem true that markets haven’t reacted strongly to some big geopolitical headlines lately, even though risks are real. For example, despite ongoing tensions over Greenland and trade policy, global equities have stayed resilient while gold and miners have rallied. Recent data shows markets muted on geopolitical jitters, with miners rising while broader stock indices hold steady. That suggests liquidity and central bank behavior are still dominating price action over headline risk. Do you think there’s a specific level of escalation that finally would prompt markets to price in these geopolitical risks more aggressively?

You argue that Nvidia’s blow-out earnings could paradoxically weaken the dollar by boosting risk-appetite and shifting capital toward AI and equities. But what happens if strong earnings boost confidence in the U.S. economy overall — do you think that could actually support the dollar instead? In other words: under what conditions is Nvidia’s success more likely to hurt the dollar vs. help it?

You argue that the breakout in the U.S. Dollar Index (USDX) above 100, confirmed by daily and weekly closes, makes further dollar strength likely, which in turn would pressure precious metals. What are, in your view, the key macro or fundamental risks that could derail this scenario — and under what conditions might gold still rally even if USDX holds up?

Retails don’t care, they know the game at last, markets will go up eventually, funds are getting screwed, they’re the one chasing

Yes. Blackwell Ultra

This looks like a good buy to me.

Really interesting, thank you for sharing.

Great report.

Freedom!

Kept me safe? 🤔

Yes of course...investors need protection from a dividend cut that brought $GNL's yield down to a paltry 15.98% while the stock itself has climbed 28% since late October. Meanwhile, my beloved $XOM's "safe" 3.59% yield is doing their collegiate best in offsetting their 11% decline since October. Team GNL all day👍