My December public macro newsletter has been published.
You can check it out here:
https://www.lynalden.com/december-2025-newsletter/
Discussion
Nostr colours?
TLDR: FED changing the easing setting from off to low/medium. Markets (stocks broadly and housing) correcting as measured in gold, while maintaining in dollar terms.
Lyn please stick to sci fi reviews, its what we’ve come to expect from you!
Excellent read! Thank you!
Thank you 🙏
Great article but 6% in bitcoin/bitcoin exposure is almost being short
This is my model portfolio for mass audiences, many of which would otherwise have zero.
It’s not my recommended allocation for people who have studied bitcoin extensively.
What would your recommended allocation for people who have studied bitcoin extensively.be? 25-30%? More?
a complicated question. Age, country, debt, family, income, and so on are important to consider.
But 100% sounds like a good number. Unless you are an athlete. Then I would go 120%.
(no financial advice; don’t do this at home kids)
Is having gold medals a prerequisite?
Bought your book a couple years ago.
6%? lol, that is indeed very short.. I only need one chair for utility, but the rest goes to Bitcoin!
Thank you 🙏🫂
thanks
Sharp as usual
The interesting chart was when wars happened. "As Celente says, when all else fails they take you to war!"
If stable coins grow dramatically, does that allow the US dollar debasement to go much further before system cracks appear?
Does it allow fiscal dominance to go further than it normally would in a substantial way?
Fiscal dominance isn't binary. There's a degree to which things are fiscally dominated. So do stable coins let that fiscal dominance go further?
Maybe central banks don't want to buy are 30-year bonds anymore but people in Nigeria are financing USA debt through tether who's buying t bills, right?
Stablecoins will just prolong the inevitable. The dollar, and anything tied to it, will continue to collapse as long as Congress refuses to balance the budget and pay off the debt. The entire house of cards depends on them not doing that, so they will expand the balance sheet and take the national debt to 100 Trillion or higher before they will even seriously ADMIT that there is a problem. The United States is a zombie state. There is nothing that can be done other than exit and wait for the new cycle to declare the truth.