2 hours ago someone opened a 5x leveraged short on Crude Oil.
Now, G7 countries are considering releasing 400 million barrels of crude oil reserves.
Oil is down below $105 on the news.
Our whale is up $1mil+
Insider trading or just coincidence?
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Now, G7 countries are considering releasing 400 million barrels of crude oil reserves.
Oil is down below $105 on the news.
Our whale is up $1mil+
Insider trading or just coincidence?
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WATCH: The missile reportedly used in the strike that killed Iran’s Khamenei, named the Blue Sparrow
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Americans now pay more for healthcare than housing.
The only solution to this is to legalize AI providing medical care in all 50 states
Doctors will certainly still be in the loop (similar to FSD) but this is the only solution that collapses the cost of care
Many lives will be saved.
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The only solution to this is to legalize AI providing medical care in all 50 states
Doctors will certainly still be in the loop (similar to FSD) but this is the only solution that collapses the cost of care
Many lives will be saved.
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When haidt did his research showing liberals are unable to predict what conservatives morality is, it wasn’t just things like explaining the conservative case against abortion, it was also things like “would you randomly kick a dog in the head.” Or “would you stick a pin into a random kid.”
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The moment a fire breaks out in the fuel tanks of Bapco Energy Company after being HIT by Iranian drones
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HOW IRAN'S GOVERNMENT ACTUALLY WORKS
Iran mixes theocracy and democracy in a complicated system where the supreme leader holds the most power.
The supreme leader commands the armed forces, declares war and peace, and appoints heads of the judiciary, state media, military, and half the Guardian Council (who vet candidates for elected offices).
They're chosen by the Assembly of Experts, 88 Islamic clerics elected by the public, but those candidates are vetted by the Guardian Council, whose members are partly appointed by the supreme leader (it's circular).
Iran does have an elected president who handles day-to-day government and represents the country internationally, but the Guardian Council dismisses moderate candidates and there have been claims of vote rigging.
The supreme leader has no term limit and stands above all elected officials.
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Iran mixes theocracy and democracy in a complicated system where the supreme leader holds the most power.
The supreme leader commands the armed forces, declares war and peace, and appoints heads of the judiciary, state media, military, and half the Guardian Council (who vet candidates for elected offices).
They're chosen by the Assembly of Experts, 88 Islamic clerics elected by the public, but those candidates are vetted by the Guardian Council, whose members are partly appointed by the supreme leader (it's circular).
Iran does have an elected president who handles day-to-day government and represents the country internationally, but the Guardian Council dismisses moderate candidates and there have been claims of vote rigging.
The supreme leader has no term limit and stands above all elected officials.
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Many Asians & Asian Americans view themselves as sharing cultural "status" with other minority groups.
They view themselves in opposition to White Americans despite being a more economically & socially successful group.
Mass immigration created horrible, sectarian politics.
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They view themselves in opposition to White Americans despite being a more economically & socially successful group.
Mass immigration created horrible, sectarian politics.
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SHOCKING: Google searches for “help with mortgage” just hit the highest level in 20 years.
People can’t sell their houses and now they can’t pay their mortgages.
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People can’t sell their houses and now they can’t pay their mortgages.
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BREAKING: US oil prices extend their reversal, now dropping below $100/barrel and up just +9% on the day.
We are witnessing one of the biggest daily crude oil reversals in history.
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We are witnessing one of the biggest daily crude oil reversals in history.
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Israeli police officer disables CCTV cameras to prevent footages of Iranian missile strikes & damage after them
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Jared Kushner and Steve Witkoff have CANCELED a planned trip to Israel — Channel 12
They were supposed to meet with Netanyahu
No confirmation from DC yet
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They were supposed to meet with Netanyahu
No confirmation from DC yet
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Oil dependency on the Strait of Hormuz:
Japan: 70%
South Korea: 68%
India: 60%
China: 45%
Europe: 15%
USA: 5-7%
Indices today:
Nikkei 225: -5%
KOSPI: -6%
Nifty 50: -2%
SSE: -0.7%
Euro stoxx 50: -2%
S&P 500: -1%
Oil dependency on the Strait of Hormuz and the performance of countries’ main stock indices appear to be highly correlated right now. The market seems to be pricing in the possibility that the Strait could remain closed for an extended period. China stands out as the exception - despite its high oil dependency, its market saw only a small correction today.
The main reason markets may believe the situation could drag on is that the United States itself is not in a rush to reopen the Strait. The U.S. has low dependency on oil flows through Hormuz, and the disruption weakens China disproportionately. Trump may view the economic pain experienced by Japan and South Korea as acceptable collateral damage for weakening China. For both Japan and South Korea it's a very tricky situation, since they are perceived as fragile economies. Some dominos could start falling if this drags on for too long.
If there was ever any doubt about how heavily modern economies depend on oil, this situation should make it very clear.
Pay close attention.
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Japan: 70%
South Korea: 68%
India: 60%
China: 45%
Europe: 15%
USA: 5-7%
Indices today:
Nikkei 225: -5%
KOSPI: -6%
Nifty 50: -2%
SSE: -0.7%
Euro stoxx 50: -2%
S&P 500: -1%
Oil dependency on the Strait of Hormuz and the performance of countries’ main stock indices appear to be highly correlated right now. The market seems to be pricing in the possibility that the Strait could remain closed for an extended period. China stands out as the exception - despite its high oil dependency, its market saw only a small correction today.
The main reason markets may believe the situation could drag on is that the United States itself is not in a rush to reopen the Strait. The U.S. has low dependency on oil flows through Hormuz, and the disruption weakens China disproportionately. Trump may view the economic pain experienced by Japan and South Korea as acceptable collateral damage for weakening China. For both Japan and South Korea it's a very tricky situation, since they are perceived as fragile economies. Some dominos could start falling if this drags on for too long.
If there was ever any doubt about how heavily modern economies depend on oil, this situation should make it very clear.
Pay close attention.
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JUST IN: Russian President Putin congratulates Mojtaba Khamenei on being selected Iran's new Supreme Leader
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