The Fed just created $300 billion out of thin air to "stabilize" the banking system during the government shutdown. Meanwhile, gold jumped $170 without any headlines, the deficit hit $1.8 trillion, and somehow Bank of America says recession fears are at their lowest since 2022.
Something doesn't add up.
In this week's Mike's Mind segment, I'm connecting the dots between:
- Why gold is spiking when "everything is fine"
- The Fed's endless money printing and what it means for mortgage rates
- Jobs data quietly getting revised from +54,000 to -3,000 (yeah, negative)
- The $141 million Greystar settlement over rent-fixing algorithms
- Why first-time homebuyers hit a record low
- AWS outage that took down half the internet (but X stayed online)
- ChatGPT's new integrations that make it your all-in-one AI assistant
- NASA considering nuking the moon in 2032 to prevent an asteroid impact
- The interstellar object blinking Fibonacci sequences at us
- CRISPR successfully repairing human genes inside the body for the first time
Welcome to Mike's Mind — where money printing, housing chaos, and cosmic weirdness collide.
⏱️ TIMESTAMPS:
0:00 - Intro: Gold & The Fed
1:30 - Housing Market Madness
3:00 - Tech Meltdown (AWS Outage)
4:00 - AI Takes Over Everything
4:30 - NASA & Space Weirdness
5:30 - Designer Babies & The Future
📊 RESOURCES MENTIONED:
- Mortgage News Daily: https://www.mortgagenewsdaily.com
- CME FedWatch Tool: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
- Federal Reserve: https://www.federalreserve.gov
📌 ABOUT MIKE MILLS:
I'm Mike Mills, a North Texas mortgage banker with Service First Mortgage Company and host of The Texas Real Estate and Finance Podcast. My job? Breaking down complicated financial and tech topics into terms that actually make sense — with a healthy dose of skepticism and a side of conspiracy theory.
🎙️ FULL PODCAST:
This is a clip from my weekly market update podcast. For the full episode (including mortgage rates, housing data, and AI tools for Realtors), check out:
https://www.thetexasrealestateandfinancepodcast.com
📞 WORK WITH ME:
If you're buying a home in Texas and want a lender who actually answers the phone and explains things in plain English (not corporate speak), let's talk:
📧 mmills@sfmc.com
📱 817-689-6079
🔗 https://linktr.ee/mikemillsmortgage
📱 CONNECT:
Instagram: https://www.instagram.com/mikemillsmortgage
Twitter/X: https://x.com/mikemillsMTG
LinkedIn: https://www.linkedin.com/in/mike-mills-49a09621
💬 WHAT'S YOUR TAKE?
Drop a comment below — do you think gold's spike is predicting something the banks aren't telling us? Or am I just another conspiracy theorist with a mortgage license?
🔔 SUBSCRIBE for weekly market updates that actually make sense (and occasionally reference aliens).
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