Edward Dowd
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Contrarian and sometimes lead steer. Remember to think for yourself. The Matrix is real. Imagine a world where “Logic is an Enemy & Truth is a Menace.”
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Turkey has sold 6 years worth of accumulated gold in 3 weeks: Erdogan has dumped a shocking 120 tons of gold (almost $20BN) since the war started, and 70 tons last week.

It's amazing gold is not much lower, and begs the question: who is buying all the gold Turkey is selling?
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Forwarded from Collin Rugg
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BREAKING: Pam Bondi has been fired as attorney general, according to Fox News.

EPA Director Lee Zeldin is reportedly under consideration to replace her.

According to Fox, President Trump met in the Oval Office with Bondi before his speech last night.

"One of those sources said that by the time Trump took his place behind the podium for the address, Bondi had already lost her job and was on her way back to Florida," Fox News reported.

Bondi's firing comes after she was heavily criticized for the handling of the Epstein files.
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No…this is the real reason 👇🤣😂
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When Winning Requires Sacrifice

Dr. Robert Malone Just Resigned From ACIP. It's Not Something We Should Be Proud Of.

https://www.malone.news/p/when-winning-requires-sacrifice
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Hormuz Oil Shock Analysis:

We estimate that CPI for March will be 3.26%.

Then we analyze two scenarios:

1) Moderate Shock (Short Term)- $125 oil with CPI peaking in May at 5%

2) Severe oil shock- $250 oil with CPI peaking at 11% in August.

Core CPI will be key to watch as Fed & bond markets will watch for signs of demand destruction and continuation of disinflationary tends in place prior to shock.

Important to read the report link in thread post below to understand how we arrive to our estimates.
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WTI crude surges to $115
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Ceasefire:

My best guess as to what has been reported so far is that both sides approached the ceasefire with differing priorities and conditions, leading to a fragile, temporary two-week agreement announced today.

Let’s hope serious negotiations begin.
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Dr. Robert Malone just exposed the Trump insiders who are sabotaging MAHA and covering up Covid vaccine injuries:

FDA chief Marty Makary.

White House advisor Heidi Overton.

And it’s not just them.

Dr. Malone declared that Trump is directly responsible:

“He’s still dug in on these mRNA products being one of his great achievements.”

“The corruption … the falsification of data, the suppression of key findings such as the pediatric deaths.”

“There has been significant cover-up all the way through the Covid crisis of a series of issues.”

“Not the least of which is the DNA adulteration.”

“The leadership right now is not willing to allow that information to become public.”
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Until demand destruction offsets price shock no cuts until Fall

“Many participants judged that, in time, it would likely become appropriate to lower the target range for the federal funds rate if inflation were to decline in line with their expectations,”

https://www.cnbc.com/2026/04/08/fed-officials-still-foresee-rate-cut-this-year-despite-war-impacts-minutes-show.html?__source=iosappshare%7Ccom.apple.UIKit.activity.PostToTwitter
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When facts change your thesis should change. Don’t fall into this trap👇
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(2025) TRUMP: “I don't understand why the Jeffrey Epstein case would be of interest to anybody … Only pretty bad people want to keep something like that going.”

(2026) MELANIA: “Epstein was not alone … We must work to uncover the truth.”

What is going on??
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Grok says it’s real.
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Karoline Leavitt says the growing number of missing scientists linked to aerospace and nuclear research is “worth looking into”
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BARTIROMO: Moving to domestic issues, what are your top priorities now for the economy for the rest of the year?

TRUMP: To be honest, we are doing so well. You look at this. I hit the 50,000 Dow mark.
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Painful to watch the ignorance continue. Gee what happened on a mass scale 5 years ago Katie.
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Ultimately Money is just a claim on molecules.

When the relationship between money (financial claims) and molecules (real physical resources like energy, materials, food, and goods) gets strained, the system breaks down in predictable ways—first through price signals, then through physical rationing, and ultimately through economic, social, and political stress.

We are in phase one. Price signals.

Let’s hope there is a resolution to this war soon so we can mitigate the other phases which are on their way as a lot of damage has already been done. We will feel it less than other countries.
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