Housekeeping: Good Morning.
“Strategy is just tactics on a longer timeline”
Topics:
China Internet-Gold Ponzi
Gold-Backed Stablecoins are here
Market Analysis:
Breaking: China Gold Platform Implodes in $600 Million Ponzi
China Gold Platform Implodes in $600 Million Ponzi‑Style Collapse.
A massive $600 million gold investment fraud has erupted in China, centered on Yongkun Holdings, a flashy “Internet + Gold” platform that promised double-digit returns. Promoted heavily online and through affiliate marketing, it now appears to have operated as a Ponzi scheme.
Thousands of investors are left exposed as authorities shut down offices, freeze accounts, and launch criminal investigations. This collapse highlights the growing systemic risk in China’s loosely regulated gold and fintech sectors.
Breaking: Gold-Backed Stablecoin Treasury Gets $1.1 Billion Investment
BioSig Technologies & Streamex Secure $1.1 B Growth Capital to Launch Gold-Backed Treasury
BioSig Technologies and Streamex Exchange have secured up to $1.1 billion in growth financing to launch a gold-backed treasury strategy and expand tokenization of real-world assets. The deal includes $100 million in convertible debentures and a $1 billion equity line. Funds will be used to build physical gold reserves and issue blockchain-based tokens.
This marks a major institutional step toward merging commodity markets with digital finance through Streamex’s Solana-based platform.
Breaking Down JPMorgan's Stablecoin Analysis
JPM wrote a massive 2 part report on Stablecoins. Here is our breakdown of the second more important part for hardcore readers.
Full analysis in Premium
Related Posts:
Coming Soon
Final market check
Data on Deck: FOMC Minutes
MONDAY, JULY 7 None scheduled
TUESDAY, JULY 8 3:00 pm Consumer credit
WEDNESDAY, JULY 9 2:00 pm Minutes of Fed's May FOMC meeting
THURSDAY, JULY 10 8:30 am Initial jobless claims, Fed speakers
FRIDAY, JULY 11 2:00 pm Monthly U.S. federal budget-$66B
Full calendar1
Charts and Final Market Check
Premium: WGC CB Buying Upticks in May
MONDAY, JULY 7None scheduledTUESDAY, JULY 86:00 amNFIB optimism indexJune98.898.83:00 pmConsumer creditMay$10.0B$17.9BWEDNESDAY, JULY 910:00 amWholesale inventories-0.3%0.2%2:00 pmMinutes of Fed's May FOMC meetingTHURSDAY, JULY 108:30 amInitial jobless claimsJuly 5235,000233,00010:00 amSt. Louis Fed President Alberto Musalem speech2:30 pmSan Francisco Fed President Mary Daly speechFRIDAY, JULY 112:00 pmMonthly U.S. federal budget-$66B
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