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Visualizing the World’s Total Supply of Gold
- All of the world’s above and below-ground gold together would form a sphere around 107 feet tall. - At $4,166 per troy ounce, the world’s above-ground gold (216.3K tonnes) is valued at $29 trillion, while the below-ground gold (133.1K tonnes) is worth $17.7 trillion. - Gold is up more than 50% to-date despite retreating from October’s record highs of $4,380 per troy ounce. - Driving global demand is the mixture of geopolitical tensions, a weaker U.S. dollar, and sticky inflation. In Q3 2025, central bank purchases were up 28% over the quarter, while inflows of gold-backed ETFs hit $26 billion. - The graphic breaks down the total global supply of gold, both above and below ground, based on data from the World Gold Council.
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Visualizing the World’s Total Supply of Gold
Netflix announces a major purchase
BREAKING: Netflix, NFLX, announces it has struck a deal to buy Warner Bros. Discovery for $72 billion in one of the largest media acquisitions of all time.
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BREAKING: Within the past 72 hours: Apple News
Within the past 72 hours or so: - Apple's AI Chief steps down - Apple's Head of UI Design leaves to Meta - Apple's Policy Chief steps down - Apple's Head of General Counsel steps down They need a new Steve Jobs.
Growing: Graduating from a trader into a systematic thinker (or manager)
People grow over time. Sometimes willingly. Sometimes unwillingly (market forces you to grow). As a trader/investor/entrepreneur, we all go through various growth lifecycles. Most people think that being a profitable trader is the end of the journey (which I thought so as well... ​But I was wrong. Being a profitable trader is not the end of the journey. A profitable trader develops himself as an edge where he manages his own emotions, knows the market well and is able to analyze the market from experience. ​ However,​​​​ a profitable trader can suffer emotionally from high-stress environment and always taking in a lot of information to anticipate the next step of the market. ​This leads to mistakes and potential losses because a profitable trader can become emotional and loses his edge. The next step after being a profitable trader is to "productize" yourself. Instead of intuition, a profitable trader would turn his "system" into rules (hence rule-based investing) A profitable trader would develop constraints / find specific market conditions where he is profitable, such that it reduces his thinking (hence repeatable edge) ​Until a profitable trader completely removes himself from analyzing the market every minute, he is not truly free, and his edge wouldn't last. ​​​​​​​​ ​ ​Once a profitable trader fully systemize his strategy, the next phase of growth begins and he also realizes he doesn't need to trade himself anymore - the system does it for him. ​​​​​​​ So here's the BOXING DAY discount to join Investing Accelerator, where you get an interest-free instalment over 12 months & 33% discount off the regular price: https://5mininvesting.thrivecart.com/boxing-day/ After you join, you can schedule a general Q&A session to ask questions about the program materials and how to apply the concepts you’re learning. You can also use this call for technical support as well. Cheers, Eric ----- Eric Seto
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