M2

Take a look at this liquidity chart.

It shows a global M2 proxy near $124 trillion.

Bitcoin is sitting at $84,000 right now, folks.

The visual here is very simple.

Now, this data point is not just some magic calculator and some hopium I have going on inside of my head.

The global formula behind all of this data is not disclosed.

There are two series that use two different axes, the M2 money supply and Bitcoin.

And nobody should draw a ruler from one line to the next of these two lines for a guaranteed Bitcoin price recovery, but the divergence is still worth watching.

Bitcoin has printed three consecutive green months.

The US M2 money supply is sitting at record levels.

Wall Street is getting more bullish.

Citi just raised its Bitcoin target to 113,000, not lowered, not maintained, but raised.

It's called game theory.

Do your homework, for Christ's sake.

Also in the news, M2 money supply hits an all-time high.

This is why we choose the bitty.

I mean, most major things you need are up arguably 50%.

We have been struggling with the effects of this absolute injection of M2 money supply since it hit the economy six years ago, and it has yet to fully drain out of the system.

We talked about a year or two ago how the M2 money supply was finally shrinking.

Six months ago, the data showed the M2 money supply was on the hike again.

Want to know why prices are high? And granted, some of this is artificial and it's geopolitical with gas prices and the trickle down.

Some of it is related to the impact of these tariffs, which, of course, did start to get passed on to the public.

It's incredible the impact that that would have.

Plus, you're injecting $5,000 per person in the economy, roughly 240 to 250 million adults.

especially globally.

But let's get back to the M2 money supply.

Peter, here's another area where we differ, and it's more than semantics.

So Peter always says the definition of inflation is really the expansion of the money supply.

And even if you want to use that definition, he'll point to the Fed's balance sheet.

I completely disagree with that because the Fed's balance sheet isn't really representative of M2 money supply, especially dollar M2 money supply globally.

Right.

So as an example, you had the money supply increasing quite dramatically from 1980 to 2007, but you really didn't have an increase of bank reserves.

The dollar to silver ratio right now is sitting at $1,481.

That compares the M2 Money Supply to increase in the M2 money supply to the amount of silver that's being mined every single year.

Guys, no matter how we slice it, there's a lot of short-term noise going on right now.

A lot of the mainstream media, interest rates, Fed decision, tomorrow it'll be CPI, which will be a big thing.