A.M. Look 12/5/24

Bitcoin has reached a multi-year target.

No I’m not picking a top nor am I picking a top in risk assets.

It’s just a milestone level that will need to be digested.

Bitcoin has broken out against Gold. The projections are massive.

Dealbook conference yesterday had the money bags saying that the only way out of the huge U.S.
deficit was to grow our way out with high GDP.

I’m not an economist but I know enough to not be short risk if that is the case.

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