ANDIKA BULLETin 12 NOV 2024

USD$88,720...and counting!!

Bitcoin is up over 25% since the election results started limping and it appeared Trump would win. Today's massive surge took the major cryptocurrency above $88,000 for the first time ever.

...and it's going higher...

All that Global Liquidity will find a new home...

Gold, on the other hand, has been hammered lower since the election...

..but in the broader context, Gold is just shy of its all-time inflation-adjusted high still...

Finally, while gold remains the top of the tree for global assets, Bitcoin is quickly accelerating up on Silver's total stock (and Ethereum is now bigger than BofA).

...imagine where bitcoin goes if Trump enacts the Lummis' Strategic Reserve?

For one thing, the market's perception of USA Sovereign Risk has collapsed since Trump won...

I wonder what would have happened if Kamala won?

Happy Tuesday!

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