🚨 Taking Caution + Towns Update

Last week we moved all risk positions (stocks and crypto) and moved to oil, gold, silver, and cash. Our base case is a large crash in risk in the coming days, weeks, or months due to the Strait of Hormuz closure.

This of course is not a 100% certainty, but we believe the risk is elevated enough to warrant extreme caution here.

We understand some people are having trouble accessing the Towns server, so wanted to put this email out.

If you were accessing Towns through the mobile app, they made an update where you can no longer sign in through mobile app, but can still sign in through desktop or mobile browser.

We're working on a transition to a new, easier to use platform in the coming weeks.