🤫 China hasn't said a word

But a decade of data just told you everything

🇨🇳 US Treasuries held:
2013: $1.32 trillion
2024: $682 billion

Gone: $640 billion

🥇 #Gold reserves:
2013: 1,054 tonnes
2024: 2,309 tonnes

More than x2

The ratio says it all:
2013 10 cents of gold per dollar of Treasuries
2024 57 cents of gold per dollar of Treasuries

Less paper... More metal

You don't need a press conference to send a signal.

Sometimes the balance sheet says everything.

This is absolutely terrifying to me...

The only reason you would need millions of tactical drones per year is if you were fighting WW3

Drone bros are the new AI bros

This was a warning from 2017 about what was coming...

The drone arms race is not just about surveillance.

It is about precision strike.

And one category is transforming the battlefield faster than almost any other:

Loitering munitions.

These systems combine:

• ISR
• target identification
• precision strike

All in a single platform.

Unlike traditional missiles, loitering munitions can:

• search for targets
• confirm identification
• abort or re-attack
• strike with precision

Modern examples include:

• Switchblade systems
• HERO family
• ALTIUS platforms
• Warmate drones

Why militaries are adopting them rapidly:

• lower cost than many guided munitions
• deployable by small units
• precision strike without heavy logistics
• scalable across modern battlefields

The result is a new class of weapon sitting between a drone and a missile.

Modern warfare is being reshaped by small drones and loitering munitions.

Few companies sit closer to that transformation than #aerovironment .

$AVAV AeroVironment pioneered many of the tactical systems now used on battlefields worldwide:

• Switchblade loitering munitions

• Puma reconnaissance drones

• Raven battlefield UAVs

These platforms give frontline units capabilities that once required aircraft or artillery:

• real-time ISR

• organic precision strike

• rapid battlefield awareness

Demand has accelerated as militaries adapt to lessons from modern conflicts.

But the investment case is more complex than the narrative alone.

Key questions investors must consider:

• Can AeroVironment maintain technological leadership?

• How durable are defense procurement cycles?

• Will competition intensify as the drone market expands?

Are great powers built by armies… or by economies?

History suggests the answer is clear.

Military strength has almost always followed economic strength.

From Rome to Britain to the United States and now China, the pattern repeats:

• Rome built power through taxation, resources, and control of Mediterranean trade
• Britain used industrialization, finance, and naval dominance to project global power
• The United States combined industrial scale, technological leadership, and the dollar system
• China is rising on manufacturing depth and state-directed industrial capacity

Across 2,500 years of history, the lesson is consistent:

Armies fight wars.

But industry, resources, and finance determine who can sustain them.

The strongest military powers are usually those with:

• the deepest industrial base
• access to strategic resources
• resilient logistics and energy systems
• credible financial systems
• technological leadership

When military commitments grow faster than the economy supporting them, empires eventually weaken.

$SIVE 🔥
This tiny $290M laser supplier is already feeding high-performance DFB laser arrays straight into $MRVL CPO programs and Jabil transceiver ramps.

Hyperscalers like $AMZN and $MSFT are hitting the copper wall hard. The only way to keep scaling AI clusters is Co-Packaged Optics - and Sivers’ precision lasers are literally designed into the next-gen supply chain.

$MRVL/USD H2 #Indicator #Signal #Trading #GlobalOneAI

$AMZN/USD H2 #Indicator #Signal #Trading #GlobalOneAI

PROJECT BACKBONE MAPS THE REAL WORLD INFRASTRUCTURE YOUR DATA TRAVELS THROUGH EVERY TIME YOU LOAD A PAGE.

Cables under oceans, satellites overhead, fiber under cities, all turned into one live interactive map.

Project Backbone aggregates public datasets for its layers:

- Submarine cables/landing pts: TeleGeography + SubmarineNetworks.com
- IXPs & peering: PeeringDB
- Data centers/colos: Public registries (Baxtel, OSM aggregates)
- DNS/CDN: Root server ops + public resolver data
- Satellites (Starlink/OneWeb/Kuiper): Celestrak TLEs + public trackers
- Terrestrial fiber/cell towers: OSM + national telecom DBs (FCC etc.)
- Traffic/estimates: Derived from Route Views + RIR IP data

Live globe pulls real-time where available. Check project-backbone-fai.vercel.app for toggles!

🚨 Is this the beginning of a repeat of Lehman Bros 2008?

UBS just halted withdrawals of a $469 million real estate fund and told investors they can't have their money back for up to 3 years.

Why does this matter? Back in June of 2007, Bear Stearns did the same thing at two of their hedge funds. One year later, Lehman Brothers collapsed and the global financial crisis happened.

UBS looked at their real estate portfolio, realized the buildings are not worth what they paid for them and they cannot sell them without admitting HUGE losses.

Commercial real estate office vacancies are at record highs. Buildings are worth a fraction of what they were. Everyone has been trying to avoid marking their portfolios down to actual current value. But they cannot ignore it any longer.

UBS, Ares, Apollo, BlackRock. All limiting withdrawals right now.

This isn't one fund. It's a pattern.

🇺🇲🇮🇷 U.S. Sending Another Supercarrier Toward Iran War Zone

The USS George H.W. Bush aircraft carrier is being deployed to the Middle East under CENTCOM, adding to a rapidly growing U.S. naval buildup amid the ongoing war with Iran.

This move would make it potentially the third U.S. carrier in the region, alongside:

USS Abraham Lincoln
USS Gerald R. Ford (recently pulled back for repairs)

👉 The deployment signals a major escalation in U.S. military posture, reinforcing airstrike capacity, deterrence, and rapid strike readiness across the region.

Source: CBS News

🚨 Do you understand what UBS just did..

they locked $469 million in a real estate fund and told investors they can't have their money back for up to 3 years.. they're calling it a "withdrawal halt".. it has another name..

here's why this matters.. in June 2007, Bear Stearns froze two of their hedge funds.. told investors the same thing.. "temporary.. market conditions.. we'll sort it out.." 14 months later, Lehman Brothers collapsed and the entire global financial system went with it..

the "gate" on a fund is a confession.. it means UBS looked at their real estate portfolio, looked at how many people want out, and realised they don't have the liquidity to pay them..

commercial real estate has been quietly bleeding since COVID.. office vacancy at record highs.. WeWork gone.. buildings worth half what they were.. UBS just confirmed what the market has been pretending isn't true..

someone always knows before you do.. trust me..

and when they stop you from taking your own money, they've already made their decision.

💥BREAKING: 🇮🇱🇮🇷 Israel Strikes Two Iranian Nuclear Sites.

Israel has carried out airstrikes on two key nuclear facilities in Iran, hitting a heavy-water plant and a yellowcake production site, part of Tehran’s nuclear program. Iran confirmed the attacks but reported no casualties or radiation leaks.

🚨Biggest Covert Operation Yet?

Reports suggest the U.S. Army is preparing a massive plan to secure enriched uranium from Iranian nuclear sites, involving nearly 1,000 special forces amid intense combat conditions.

Sources highlight major risks including radiation exposure, possible booby-trapped facilities, buried materials, and the need to build temporary airstrips, with intelligence gaps adding to the uncertainty.

Genki #Robotics Accelerates Humanoid #Robot Development with Backing from Andreessen Horowitz and AMD

UnitedHealth Group $UNH launches Avery, a generative AI companion to help members navigate benefits, costs, and scheduling.

Now live for 6.5M users, it aims to reach 20.5M by end of 2026, with 90% of current users resolving issues without a human advocate.

Jefferies maintains an Underperform rating on Bloom Energy $BE and cuts its price target to $97 from $102.

Analysts cite elevated valuation risks, rising competition, and a lack of near-term catalysts as the company shifts focus to execution.