Earnings360 Newsletter for 9/4/2024

The petrodollar arrangement that Kissinger brokered in 1974 officially expired in June 2024. China has slashed U.S. Treasury holdings by 45% from peak, and central banks are swapping dollars for gold at the fastest pace since the Cold War.

Porter Stansberry believes Trump is channeling more than $3 trillion toward securing the minerals, chips, and infrastructure that make AI possible - and companies at those chokepoints like Vertiv (up 500%), GE Vernova (up 700%), and Arista Networks (up 750%) are already moving.

Porter's new briefing names one asset to buy today plus five stocks positioned at the narrowest chokepoints of what he calls the Silicon Dollar.

Anthropic has confidentially filed for its IPO. And Sam Altman's OpenAI isn't far behind, with both reportedly circling valuations near a trillion dollars.

When these AI systems scale, they don't just need chips and data centers. They need a way to transact... to pay each other, settle services, move value the moment a deal is struck. They need crypto.

While everyone's fixated on the IPO headlines and the founders behind them, the real opportunity may be in the new financial rails these AI agents will run on.