To The Moon

With 6 months left before 2023 is officially over, is it timely to explore and see if there is anything else that is worth investing? One area that I am keen is Metals. Immediately, metal “gold” comes to mind, right? Actually, it is a “misnomer” to think that gold is the alternative in times of inflation. Really? Yes, really (see below). Above is US inflation rate through the decades, stopping short of the current cycle. Gold "mixed" performance during inflation years By matching the US inflation table against this table, it shows returns from (a) commodities (b) REITS and (c) gold. The outcome is “obvious”. Rounding off, latest IG news dated 25 May 2023 indicated that gold prices will end lower as US Treasury yields continue to rise. With 2 more planned interest hike by the Fed in 2023,

Bitcoin, the world's most popular cryptocurrency, has been a subject of intrigue and fascination since its inception. While its volatility has raised eyebrows, one area where Bitcoin has demonstrated resilience is during economic downturns. In this article, I will be examining Bitcoin's performance during periods of financial turbulence, highlighting its potential as a store of value and a hedge against traditional economic systems. The total volume traded in Q2 2023. Coinbase has the highest volume. These are the stocks that have been following Bitcoin closely and I will be sharing on how MARA have performed in Q2 2023. $Marathon Digital Holdings Inc(MARA)$ $Hut 8 Mining Corp(HUT)$

Bitcoin, the world's most popular cryptocurrency, has been a subject of intrigue and fascination since its inception. While its volatility has raised eyebrows, one area where Bitcoin has demonstrated resilience is during economic downturns. In this article, I will be examining Bitcoin's performance during periods of financial turbulence, highlighting its potential as a store of value and a hedge against traditional economic systems. The total volume traded in Q2 2023. Coinbase has the highest volume. These are the stocks that have been following Bitcoin closely and I will be sharing on how MARA have performed in Q2 2023. $Marathon Digital Holdings Inc(MARA)$ $Hut 8 Mining Corp(HUT)$

Public Holidays US celebrates 4th July 2023 (Independence Day) ie Tuesday. On Monday, there is early closure at 13:00 hours. No public holidays for Hong Kong, Singapore & China Economic Calendar (03Jul2023) Economic Calendar for the week starting 03 July 2023 Notable Highlights FOMC meeting minutes - This will set the tone for the coming rate hikes/pivot/pause by the Fed as more details of the recent meetings will be revealed. PMI - there are several important PMI data to be announced in the coming week namely, ISM Manufacturing PMI, Services PMI and ISM non-Manufacturing PMI. A higher-than-expected PMI is good news for the market and likewise, it is bearish when vice versa. Jobs-related data like ADP nonfarm employment change, JOLTs Job openings, average Hourly earnings & Nonfarm