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"It is your mind and what you think that makes you what you are. The secret of success lies not outside, but within the thoughts.” - Claude Bristol, The Magic of Believing
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Hey Everyone,
Hello from the woody mountains of Southern California, where I'll be spending the next week and a half with my extended family.
The internet here is pretty spotty, so I do apologize in advance for any delays in getting you the newsletter.
The entire world seems to be in shock at the moment over the Taliban's resurgence. Now that the U.S. armed forces have completed their withdrawal, the Taliban have retaken the capital city of Kabul.
It's truly disheartening to see this sort of suffering in the world.
Today we see the U.S. abandon those who were loyal to our way of life, leaving them in many cases to be slaughtered by the enemy.
On the other hand, after 20 years of conflict, I must admit that I still don't understand what the U.S. military was doing there in the first place.
It's as if they learned absolutely nothing from the Vietnam War. Apparently, politicians benefit from such conflicts, or at least they find it easier to perpetuate the violence rather than stop it.
Corporations, on the other hand, definitely find these conflicts profitable. |
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Some winners
The stock markets have stalled near the top, and the crypto markets are quite mixed. Many of the top cryptos are actually flat on the day, but a few are really flying right now.
The clear winner, of course, is solana, which recently opened up a wormhole increasing interoperability with the Binance Smart Chain, NFTs, and more.
In this visualization from LunarCRUSH, we can see the social volume reaching its highest levels in three months, while the price and market volumes reach all-time highs. |
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This means that even though the market is going nuts, it seems as if the hype hasn't even neared where it was in May.
I must confess that even though I am holding a few tokens that have taken off lately, I was hesitant to touch this one.
Call me superstitious, but it just feels funny investing in something with the ticker SOL. I hope the reason is obvious. |
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Timezoned
Very sorry but we're gonna leave it there for today. Even though it's only 6 p.m. here in California, the time difference puts us at a disadvantage, and most of Europe is probably sleeping already.
I will get an earlier start tomorrow.
Wishing you an amazing evening. |
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Mati Greenspan Analysis, Advisory, Money Management |
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