Darlings, one really must clutch their pearls at the latest chatter from that Lark Davis fellow. Apparently, the global M2 money supply has ballooned—yes, ballooned!—to a preposterously plump $113 trillion. That’s more zeros than most people have socks, and frankly, one does wonder if the printing presses are having a midlife crisis. 🤑
Meanwhile, over in America (land of large cars and even larger spreadsheets), U.S. M2 has just sashayed past the $21.94 trillion mark. The S&P 500—in a moment of egregious showing off—vaulted above 6,200, presumably because numbers, like egos, love to be inflated.
And what of Bitcoin? Currently lingering a dainty 2.3% below its most glorious peak, it is apparently waiting for its grand entrance at the ballroom. Mr. Davis whispers with the air of a man who’s seen the seating chart, suggesting that Bitcoin’s next rally is poised to burst forth “any day now.” One hopes it has an appropriate frock ready. 💃
For the visually inclined, Blockware has provided a chart (because who doesn’t love a good chart?), displaying a delicious correlation between global M2’s relentless ascent and Bitcoin’s price antics over the past two years. If history insists on repeating itself—and it does adore a dramatic encore—we may soon witness an encore of Bitcoin’s upward pirouette.
In short: stocks are leaping, money’s multiplying, and Bitcoin is backstage powdering its nose. Anyone for another glass of bubbly while we wait for the curtain to rise? 🥂
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2025-07-04 07:18