Economic trends and market analysis
Volcker moment complete analysis: 1979 Saturday Night Massacre, 19.1% federal funds rate, PATCO 11,345 fired. Three-part wage-price spiral circuit-breaker. Warsh vs Volcker 1981 vs 2026 comparison + Korean investor June 17 FOMC D-30 guide.
Bitcoin price forecast 2026: BTC $78K range-bound, Korean crypto volume -85%, Upbit/Bithumb 97% duopoly. 2027 tax D-227 days deemed acquisition price strategy + three scenarios + five trading rules.
Gold price forecast 2026: from ATH $5,589 to $4,540 (-19%). WGC Q1 demand hits record 1,231t, JPM targets $6,300. Full June FOMC scenario analysis and investment strategy.
Silver price forecast 2026: ATH $121 corrected to $76 (-37%). Gold/silver ratio compressed to 55:1 vs 80:1 average. Three industrial mega-trends: solar +34%, EVs +28%, AI data centers +19%. JP Morgan $81 / UBS $80 / BlackRock $100+. Three June scenarios (bullish 30% / range-bound 50% / bearish 20%) and five strategies for Korean investors.
Covered call ETF tax-free structure explained: option premiums exempt from Korea’s financial income tax. Compare 6 major ETFs, understand NAV erosion (ROC) traps, and find out who should — and shouldn’t — invest.
US crude hit a record 13.6M b/d in 2025 — up +172% in 16 years. Full analysis: petrodollar to shale-dollar shift, Iran War supply shock, Permian Basin dominance, three Brent price scenarios for 2026–2027 ($60–$140), and five signals for Korean investors.
First commodity currency — Yap’s four-ton stones, cowry shells that lasted 4,000 years, medieval English tally sticks. Money is not a thing — it is the community’s agreed memory, all the way to Bitcoin.
Limits of barter — How many trades to swap a cow for a loaf of bread? From a Neolithic farmer’s day to Mesopotamian clay tablets and Graeber’s credit theory — why money had to be invented in the first place.
History of money — Money is a social contract written in numbers. A 30-episode series tracing 5,000 years of trust as money — from Mesopotamian barley to Bitcoin ETFs and beyond.