To be a currency, crypto has to change. In the contemporary economic framework, money is defined by its core functions: a medium of exchange, a unit of value, and a store of value. While gold has historically served these roles, it no longer qualifies as money in modern societies. This essay argues that gold isn’t […]
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In a world that’s rapidly evolving, one of the most transformative shifts has been the explosive growth of the global middle class. Over the last 25 years, approximately 500 million people have crossed into this income bracket—earning above $50,000 in today’s dollars. This surge mirrors poignant examples like India’s Interior Minister’s observation from a decade […]
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Summary: The wealthy are constructing fortified bunkers, a silent acknowledgment of systemic vulnerabilities that remain opaque to most. This essay examines the striking similarities between Japan’s speculative bubble of the 1980s and the current U.S. Nasdaq boom, arguing that both are fragile constructs sustained by three critical flaws: unsettled financial obligations, stock-based compensation, and questionable […]
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Landon Fillmore Systems is not an investment advisor. We specialize in data analysis for private clients, and that analysis is typically not investment analysis. We neither give nor solicit investment advice. Our analysis of markets is just another data set, but since we are systems engineers, our analysis of financial markets is entirely speculative. Our […]
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Think import costs and tariffs jack up the price of your $600 sneakers? Think again. A $50 tariff on a $100 import base might sound brutal, but retailers—bless their profit-hungry hearts—don’t just pass it on like obedient tax collectors. Luxury pricing is a game of perception, not math. Brands bank on hype, exclusivity, and your […]
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Eat my shorts (We just started posting positions 1/26/2025 Short Long FRO Frontline HMY Harmony Gold Jan 2027 calls 7 strike VALE Jan 2026 call 12 strike LITZF Labrador Iron trust We closed our IWM 210 put position last week, 116% gain and rolled the money into the Jan 2026 180. We are 80% cash. […]
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Spitznagel is, at least in my opinion, the closest thing to a genius we have in the financial world, which is why I heed his warning. To me, the question isn’t whether stocks will drop, but when. To see this, let’s go back to the last two crashes, which I and dozens of others not only […]
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Many years ago, an economist said, (paraphrase, I forgot his name) Mercantilism was an 18th century attempt to wrap an intellectual structure over what was essentially, chaos. Isn’t this what all global macro economists do? Spoiler alert: The economy doesn’t give a ***k about your theory. In fact, all sciences are in the same court. Their superhero skill […]
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Editors note: The satirical style of this essay is intentional. We believe the biggest issue in western politics is the deification of leaders, most of which are given powers they’ve never earned and placed on pedestals they don’t deserve. They’re every bit as bogus as the Oscars. The USSR isn’t simply going away. The EU […]
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