BREAKING:
China responds to Trump’s request to join the military coalition to reopen the Strait of Hormuz.
“All parties should immediately cease military operations.“
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China responds to Trump’s request to join the military coalition to reopen the Strait of Hormuz.
“All parties should immediately cease military operations.“
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You'd need to be paid $10,000 a week to have the same spending power as a kid working McDonalds in July of 1971
The math says it's that bad now
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The math says it's that bad now
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US gold reserves have never been this small relative to government debt:
Gold reserves now reflect just 3% of US federal debt, one of the lowest readings on record.
This comes despite the US holding 8,133.5 metric tons of gold, the largest stockpile in the world, and prices surging to record highs.
By comparison, the ratio was ~18% in 1980, or 6x higher.
At the same level of reserves, gold prices would have to rise +400%, to $26,000/oz, to match the 1980s peak.
Meanwhile, in the 1940s, gold reserves backed over 50% of federal debt.
To match the 1940s ratio, gold would need to surge +1,340% to ~$75,000/oz.
Gold reserves are highlighting just how astronomical US debt has become.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Gold reserves now reflect just 3% of US federal debt, one of the lowest readings on record.
This comes despite the US holding 8,133.5 metric tons of gold, the largest stockpile in the world, and prices surging to record highs.
By comparison, the ratio was ~18% in 1980, or 6x higher.
At the same level of reserves, gold prices would have to rise +400%, to $26,000/oz, to match the 1980s peak.
Meanwhile, in the 1940s, gold reserves backed over 50% of federal debt.
To match the 1940s ratio, gold would need to surge +1,340% to ~$75,000/oz.
Gold reserves are highlighting just how astronomical US debt has become.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
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Women in web3 tier list
based on profitability, personality, trading style, long term, alpha, networth and some other aspects
thoughts?
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
based on profitability, personality, trading style, long term, alpha, networth and some other aspects
thoughts?
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Sam Altman admits AI is killing the labor-capital balance and says nobody knows what to do about it
“If there was an easy consensus answer, we’d have done it by now, so I don’t think anyone knows what to do.”
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“If there was an easy consensus answer, we’d have done it by now, so I don’t think anyone knows what to do.”
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- Just one dragonfly can consume over one hundred mosquitos in a day
- Dragonflies can fly backwards
- They have nearly 360-degree vision
- Their wings inhibit bacterial growth due to their natural structures
- They're actually beautiful
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- Dragonflies can fly backwards
- They have nearly 360-degree vision
- Their wings inhibit bacterial growth due to their natural structures
- They're actually beautiful
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This is not receiving enough attention:
Qatar is the world's 2nd-largest helium producer, supplying ~33% of global output, at 63 million cubic meters in 2025.
When Qatar's Ras Laffan facility, the world's largest LNG export plant, shut down due to the Iran war, helium supply was cut, as helium is extracted as a byproduct of natural gas processing.
As a result, the market is now losing ~5.2 million cubic meters of helium per month, with almost no spare capacity globally, as helium evaporates during storage and must reach end users within ~45 days.
The disruption has already DOUBLED helium prices since the Iran war began.
If disruptions last 60 to 90 days, prices could surge another +25% to +50%, potentially exceeding $2,000 per thousand cubic feet, over 4 times early 2026 levels.
The Iran war is disrupting far more than oil and gas.
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Qatar is the world's 2nd-largest helium producer, supplying ~33% of global output, at 63 million cubic meters in 2025.
When Qatar's Ras Laffan facility, the world's largest LNG export plant, shut down due to the Iran war, helium supply was cut, as helium is extracted as a byproduct of natural gas processing.
As a result, the market is now losing ~5.2 million cubic meters of helium per month, with almost no spare capacity globally, as helium evaporates during storage and must reach end users within ~45 days.
The disruption has already DOUBLED helium prices since the Iran war began.
If disruptions last 60 to 90 days, prices could surge another +25% to +50%, potentially exceeding $2,000 per thousand cubic feet, over 4 times early 2026 levels.
The Iran war is disrupting far more than oil and gas.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Indian crematoriums and restaurants left without gas due to war in Iran — Financial Times
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