Loading ...We once again have a “4” handle on the XAUAUD. Last time was at Y2K.
I was a Musk hater. I couldn’t (and still can’t) see what is so special or innovative about Tesla. A 120 year old motor design matched to 7,000 AA lithium batteries – where’s the genius in that? But there’s no doubt that he is a marketing guru and, in the spirit of the good ‘ol US of A of the thirties he can hustle. He can GET. THINGS. DONE.
Since Tesla however he has built Starlink. And those Starlink antennae, the square pads, are absolutely unbelievable. People have stripped them down and still can’t figure out how the damn things work. Plus he’s built his own low orbit constellation from scratch, with his own space programme also built from scratch, is running circles round Boeing and the Amazon guy, has NASA eating out of his hand and 80% of all launches annually. Any idiot can build a rocket and launch it, but bringing that booster back to the tower and catching it, now, THAT’S rocket science.
And he bought Twitter. Because he could, and he wanted to. The image of his first day marching in with the kitchen sink! Almost as good as Trump after being shot. People who say he’s lost money on the deal don’t get him. He doesn’t care about the money, he’s having fun with X winding all the lefties up. The deep state have every reason to be terrified if Trump wins, and Musk sets to work along the lines of those two rocket engines (nice find btw).
Ah well, we’ve had six daily green candles in a row for XAUAUD, it’ll almost be a relief to have a red one before we continue upwards. I would find seven greens nerve-wracking, but that’s what we have at the moment.