Shout out to the “Engineered Crisis”…
…and to the governments who both create and take advantage of them.
Forced commodity supply shock ➡️ Rising inflation ➡️ Rising government bond yields to intolerable levels ➡️ “Forced” yield curve control to “save” the bond market ➡️ Acceleration of currency debasement ➡️ etc., etc.
Dr. Jeff
DrJeff@primal.net
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Random pleb.
Fund manager.
Former physician.
I'm mostly on Substack these days, writing Dr. Jeff's Macro Chartbook... come find me there!
https://substack.com/@drjeffross
- Macro
- Charts
- Bitcoin
- Geopolitics
- Often wrong
- Random musings
- Sometimes funny
- Fund management insights
- Never individual investment advice
** Nothing to do with Vailshire Capital Management, LLC or Vailshire Partners, LP hedge fund **
Issue #6 of Dr. Jeff's Macro Chartbook is live! 👀
The Other Side of the Storm
I have a confession: I have been spending too much time in the doom loop. This issue is different.
→ AI is augmenting workers, not replacing them -- the data says so
→ US unemployment near historic lows despite decades of automation fears
→ S&P 500 earnings growing at 18-22% -- the AI productivity story is real
→ Bitcoin priced in gold: strikingly similar to the Dec. 2022 bottom
→ Bitcoin short-term: bearish ascending channel resolved to the upside, now knocking on the 200-day SMA
→ Silver: third test of upper boundary resolved to the upside THIS MORNING
"Great nations and economies are built on proof of work. And they die on proof of stake."
Plus: proof of work nutrition. Yes, really.
Not investment advice. Not medical advice. Just a curious observer sharing what is on his charts.
Read it here:
Search "jeffross191961" on Substack
Issue #5 of Dr. Jeff's Macro Chartbook is live! 👀
Signals Converging
Four independent frameworks. One directional message.
→ The US dollar reclaims its 200-day SMA -- bullish near-term, complicated long-term
→ Bitcoin forming a second bear flag -- with liquidity confirming the warning
→ Michael Howell's GLI suggests lower crypto prices over the coming 13 weeks
→ Brent Crude is a coiled spring -- the geopolitical wildcard nobody is pricing correctly
→ NASDAQ/Gold: a 40-year pattern that has repeated twice is repeating again
The window for clear thinking may be shorter than most people realize.
Read it here:
Not investment advice. Just a curious observer sharing what's on his charts.
Substack
The app for independent voices
Just dropped!
I had a great conversation with @Danny Knowles on the latest What Bitcoin Did show.
Check it out and let me know your thoughts. 🔥
And don’t forget to zap Danny for his tireless efforts and excellent interviews! ⚡️
We are all military analysts now.
lol… so many people and market participants reading/watching mainstream media think the war in the Middle East is basically over.
Things about to get real in the coming days.
Geopolitical and financial reorganization is just getting started.
#FourthTurning vibes
Issue #4 of Dr. Jeff's Macro Chartbook is live! 👀
What Are You Measuring Your Wealth In?
→ S&P 500 Total Return: +286% in dollars. +0.17% in gold. -97.59% in Bitcoin.
→ Oil tells the same story — even hard assets fail the sound money test
→ Why central banks are quietly abandoning the dollar measuring stick
→ SPX/Gold at 1.43 — the 100-year view, updated
→ A bonus health observation from your friendly neighborhood physician 😄
The dollar is a shrinking ruler. Here's what the charts look like when you use a better one.
Read it here: https://jeffross191961.substack.com/p/what-are-you-measuring-your-wealth?r=8bgxt
Not investment advice. Just a curious observer sharing what's on his charts.
It’s been awhile.
Who’s getting ready for yet another #58kGang party?!?
🥳
Bonus Issue 2.5 just dropped... free for everyone! 👀

Substack
The app for independent voices
What I'm watching… 👀
The Nasdaq 100 rarely closes below its 200-day moving average… but when it does, it has historically gotten worse before it gets better.
We're there now. 🍿
More in Issue #3… March 26th.


Substack
Jeff Ross (@drjeffross)
What I'm watching…
The Nasdaq 100 rarely closes below its 200-day moving average… but when it does, it has historically gotten worse before it...
Early WW3 vibes.