Item #1: Silver crashes 30%.
Notice how I never recommended silver on my blog. Although I mentioned it earlier, I never said to buy it. Also silver has still outperformed Bitcoin, so the ‘anything but Bitcoin trade’ is still intact.
All it will take is the usual Iran (or other foreign policy) or tariffs news for silver to recover. It’s the same pattern where the price falls–and people think it’s the end–only for it to suddenly and unexpectedly recover when then usual factors reassert themselves. Although I much prefer gold to silver though.
Indeed, the Bitcoin hedge worked perfectly this week, as it did last week. Stocks fell this week, but Bitcoin fell much more, dropping form $89k to $84k–a decline of 6% vs 1/2% for the QQQ:
As per my method, I was short Bitcoin, so I profted huge. My ‘net worth’ (the sum of stock and crypto accounts) hit a hew high on Thursday as a consequence.
Item #2: Buy tech stocks to hedge inflation and AGI
Speaking of hedging, below is a tweet where I recommend tech stocks, metals, and real estate as hedges against inflation–not crypto. This was on Jan 20th, so suffice to say it aged well given Bitcoin’s horrible performance since then.
best option to hedge is probably mix of real estate, tech stocks, and or metals .
fixed income, crypto get annihilated on high inflation
— Grey Enlightenment (@2025Blog) January 20, 2026
Another nice thing about hedging with tech stocks, in addition to hedging inflation, you’re also hedging AGI/takeoff, which is not possible with crypto. The year of takeoff was originally slated for 2027, but not surprisingly that will be pushed further back. But if it does happen, the stock market could conceivably stage a boom of the likes never before seen in anticipation of hyper-GDP growth.
Item #3: Speaking of Iran, Trump doubles down on Iran threats as US puts more sanctions.
Nothing has yet happened, but it feels like we’re on the precipice of something. It also shows the irrelevance of Fuentes and the anti-war right despite how much noise they make. Just as I said. Regardless, shorting Bitcoin is the only way to hedge weekend geopolitical news given that the stock market is closed, so I am prepared. I could try prediction markets, but shorting Bitcoin is better because I don’t have worry about losing the entire bet if wrong. Or buy silver or gold–those will do well.
Item #4: More Epstein files drop.
As always the Epstein files are met with a collective indifference–either there is a smoking gun that implicates Trump or no one cares that much. At this point the public is long inured to the indiscretions of the elite, who act on a different moral or ethical plane with impunity. There is nothing in the files that can shock anyone now.
Item #5: David Brooks parts way with the New York Times and moves to The Atlantic.
Much like National Review, his anodyne brand of conservatism hasn’t been relevant in years due to Trump. He had the dream gig of phoning in the same weekly column of familiar lamentations about how “society is going the wrong way,” which accounts for about 75% of his output, with the remaining 25% devoted to attacking Trump. I guess The Atlantic offered him more money or a readership that isn’t over 70.