Believe this latest gold bubble was a top for the big debasement narrative for the foreseeable future. Global bond yields (ex Japan) are stable and have been stable for the past year. Fiat debasement is inevitable but it's not going to happen overnight.
Original source ↗  |  February 02, 2026 at 13:50 UTC  |  Twitter - @humacapital

Here are the actionable trade ideas extracted from the tweets:

IDEA [3] TICKER: SPY (or broad market index) DIRECTION: short/avoid THESIS: A government shutdown is expected to lead to market "ugliness" due to trapped liquidity in the TGA, suggesting further downside for equities. SPEAKER: @raoulgmi TIMEFRAME: short-term

IDEA [8] TICKER: SPY (or US equities) DIRECTION: short/avoid THESIS: If Warsh implements Quantitative Tightening (QT), it removes the Fed put, significantly increasing left tail risk for US equities. SPEAKER: @humacapital TIMEFRAME: medium-term

IDEA [9] T

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