Founder of Lyn Alden Investment Strategy. Fundamental investing with a global macro overlay. Finance/Engineering blended background.

Joined January 2017
My August 2022 newsletter is now available. It discusses inflation, commodities, and realpolitik. lynalden.com/august-2022-new…
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Lyn Alden retweeted
Why does the #silver / #copper ratio matter? Copper is 99% industrial demand, while gold is 95% monetary demand, different hedges Silver is the one in the middle of the two When silver takes the baton from copper, it represents a shift back to precious metals from industrial
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Lyn Alden retweeted
'The Fed, first criticized for raising interest rates too slowly, is now accused by some of lifting them too rapidly. The central bank naturally disagrees. But it is hard to know whether it is right because the Fed isn't following any consistent formula.' wsj.com/articles/feds-rate-i…
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There is a good case to be made that similar to how the US benefited from embracing open protocols for information, the US would also benefit from embracing open protocols for value.
Replying to @SwanBitcoin
Swan thinks it's time to do something about this! That's why we are donating to the Bitcoin Policy Institute @btcpolicyorg, a think tank advancing a vision of an America strengthened by open monetary networks. 🇺🇸 btcpolicy.org/
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The parties that have the most to lose from open networks tend to be the more autocratic ones. That's why they shut down the internet during protests, ban social networks from their jurisdiction, put pressure on local media, and put frictions on bitcoin to reduce capital flight.
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Bad news is good news. Claims jumped (below), and the S&P (ES) futures immediately rallied by 20+ points. Fire people = stock rally.
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Lyn Alden retweeted
I've been curious how the dollar wrecking ball is affecting sovereign holdings YTD. 🔵 Currency vs USD 🔴 FX Reserves 🟢 Treasuries Other than Brazil & Mexico, most other majors are down cosmically 🔵vs USD and shedding 🔴FX reserves in defense. Many are selling 🟢USTs, too.
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Might mess around and write a book.
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Probably a bad idea and a time sink. But sometimes you feel there is a story to tell that just wants to get out in text and you feel like you don't really have a choice because it is distracting you.
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I've written niche books like StockDelver, on stock analysis. It sold well, was reviewed well, made good revenue, but was limited on my website only to come with a spreadsheet. lynalden.com/stockdelver-boo… This idea would be more general, with distribution, Amazon, physical, etc.
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The zcash spam attack continues. Almost every block contains a shielded transaction with hundreds of outputs. In doing so, the spammer can successfully blow up the size of the chain by maxing each 2mb block every 75 seconds. The cost of each spammed transaction? Less than a cent.
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Somebody's having fun spamming the zcash blockchain and tripling its size to over 100 GB. Rough estimate is that this attack is costing them ~$10 a day in transaction fees.
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Lyn Alden retweeted
Chinese SoEs have discovered how to arbitrage to global market for natural gas, bigly. "We’ve resold U.S. cargo. It’s allowed and the prices are favorable,” said Wu Qiunan, chief economist at PetroChina International" 1/x wsj.com/articles/china-is-re…
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Lyn Alden retweeted
'What this means is that the financial system becomes unstable before the Fed is able to raise rates high enough to impact the labor market. In effect, the Fed will fail to rein in inflation before it's forced to pause to tackle financial instability.' bloomberg.com/news/articles/…
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Lyn Alden retweeted
Our friends @GridlessCompute doing some incredibly cool work monetizing micro-hydro plants in Kenya. They build these small hydro plants @ ~100KW which is much much more than the village needs. #Bitcoin #mining #Kenya #Africa #energy 1/3
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Lyn Alden retweeted
September global manufacturing PMI fell below 50 for the first time since the pandemic, down 0.8pt to 49.9 This is due to lower activity components (-0.7pt to 48.1) while price pressures components remained unchanged at 57.3
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It is resilient because it is being monetized again. If it were really resilient, it wouldn't need two weeks of emergency buying by the Bank of England. 🤷‍♀️
UK DEBT OFFICE HEAD: UK GILT MARKET RESILIENT DESPITE MAJOR REPRICING - RTRS. reuters.com/markets/europe/e…
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Replying to @hkuppy
Return of the oil memes?
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The U.N. Conference on Trade and Development showed a literal money printer in their video when asking for increased liquidity and an end to monetary tightening among central banks. 💵
Replying to @biancoresearch
literal screenshot from the U.N.'s official video, calling for the U.S. dollar money printer to go "brrr" again (yes, that is a money printer in the video) invidious.fdn.fr/watch?v=QqDYv5-b…
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