Big Papa Is Cutting Off the Dependents - Why was #silver down 13% last week? The #gold bull backed down from a record high. -#Ethereum is down 50% in 2025 because #Bitcoin has dropped 12%. Bitcoin has millions of dependents, most of which are silly expensive akin to 1929, 1999. - Why is the US #stockmarket going down? It went up too much (highest vs. GDP in a century) and has a worthy catalyst for an enduring drawdown. Murica is the biggest papa of them all and is cutting off dependents. Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/spvdsedwlu68 {BI COMD} #commodities #macroeconomics @BBGIntelligence