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    <title>Jim Chen — Research</title>
    <link>https://jimchen-silver.netlify.app/</link>
    <description>A 17-layer probability-weighted framework on silver and gold pricing through 2026, plus a 10-year thesis on Guanghai Bay waterfront real estate.</description>
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    <lastBuildDate>Thu, 28 May 2026 12:00:00 GMT</lastBuildDate>

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      <title>V11.4 ships · workspace surfaces</title>
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      <pubDate>Fri, 22 May 2026 12:00:00 GMT</pubDate>
      <description>Editable home, regime gauge, thesis graph, time machine, audio paper mode, RSS-style feed (this), PDF binder export, theme/density controls, hidden compass.</description>
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      <title>Layer 17 · wealth-effect reversal</title>
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      <pubDate>Thu, 21 May 2026 12:00:00 GMT</pubDate>
      <description>New layer: top 10% drives ~50% of consumer spending. Couples silver position to AI-cycle correlation. UBS deficit downgrade (300Moz → 60–70Moz). India tariff 6% → 15%. Warsh confirmed. Partial-locking schedule committed.</description>
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      <title>AI cycle + sanctions layers</title>
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      <pubDate>Fri, 08 May 2026 12:00:00 GMT</pubDate>
      <description>Layer 15 (AI cycle coupling) and Layer 16 (sanctions/tariffs) added. Stagflation scenario crystallizes as base case anchor. Six scenarios reweighted.</description>
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      <title>Fiscal dominance · Layer 14 introduced</title>
      <link>https://jimchen-silver.netlify.app/v9.html</link>
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      <pubDate>Mon, 27 Apr 2026 12:00:00 GMT</pubDate>
      <description>Recessions no longer "allowed" because $39T debt + $1T interest + 122% debt-to-GDP forces money printing as the only viable response. Powell's last FOMC week. IEA: "largest energy supply shock on record."</description>
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      <title>Guanghai Bay thesis published</title>
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      <pubDate>Sun, 26 Apr 2026 12:00:00 GMT</pubDate>
      <description>Two waterfront units in Taishan ($150K cost basis, ~560 m²) inside a provincially-designated GBA economic zone. Three cross-sea bridges operational, ¥330B+ signed industrial capital, deep-water port Phase II completing 2026.</description>
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      <title>PPI hot at 4.0% · 100oz cleared</title>
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      <pubDate>Tue, 14 Apr 2026 12:00:00 GMT</pubDate>
      <description>March PPI prints +4.0% YoY, core +3.6% YoY. Position 105 oz physical at $7,165 cost basis ($68.24/oz avg). Original twelve-layer frame.</description>
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