In the swirling cosmos of finance, where dollars dance like falling leaves, Arthur Hayes, the maestro of BitMEX, boldly declares that the noble gold and the mischievous Bitcoin (BTC) are staging a coup d’état against the once-untouchable US Treasuries and stocks.
Social media has become the modern oracle, and in his recent oracle-like proclamation on X, our dear Hayes spins a yarn about President Trump—a figure both perplexing and comical—claiming the crown of a nation yearning for the glory days of gold, all lost back in ’71, when financial sanity took a holiday.
But lo! Should the White House, in its quest for fiscal righteousness, make a valiant move to trim its debts, watch out, world! Economies far and wide might find themselves pawning their stocks and bonds as if they were yesterday’s fads, setting off a dazzling domino effect in the grand theater of global finance where no one dares to gamble on whimsy—especially not with Trump at the helm.
“THE END: Of US Treasuries—yes, it’s going, going, gone! And stocks? Well, they might just follow like a faithful dog. If Uncle Sam fixes his current account woes, the foreign players won’t have dollars to gamble on our beloved bonds. With a flair for the dramatic, nations might just sell off their American bling to fund their own national dreams.”
In the unfolding drama, Hayes ponders which shiny heroes will rise from the chaos—gold sitting dignified, Bitcoin twinkling like a mischievous imp, ready to rule the realm of reserve assets.
“THE RETURN:
Of gold, the old sage of neutrality. Sure, the dollar may still be the prom queen of currencies, but watch as nations clutch their gold like a precious secret, ensuring their trade dances can be tariff-free! That’s right, gold is the new ‘it’ asset, flowing freely through this new monetary masquerade!”
Ah, the optimists who once graced the halls of wealth with smiles, now lost in a delicious delusion—a world where they believe ‘normalcy’ will return like a boomerang. Spoiler alert: it won’t!
For those who wish to adjust their sails back to the golden days pre-’71, go on, embrace gold, miners, and behold the majesty of BTC!
On a hilarious twist, Hayes cheekily fingers the effect of our beloved T-man, claiming the economic earthquakes might just have broken the ties tying BTC and our dear Nasdaq together, much like an awkward couple finally breaking free from each other’s grip.
“BTC hodlers, it’s time to embrace the love of tariffs! Perhaps this is the glorious day we finally untangle from Nasdaq’s embrace, stepping light-footed into the realm of liquidity alarms!”
At the moment of penning this humorous tapestry, BTC shares its delightful worth at a staggering $83,322.
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2025-04-06 10:21