Broken Clock
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Not exactly conducive to gold outperformance when you saw what it did in March
They're sending roughly 12 to 15m barrel a day through Hormuz, if you add the SPR release and the increase in export elsewhere the oil market is again roughly balanced.
So now Iran has to bring those 12 to 15m that flows to a much lower number.
iran has to move from a purely defensive base to an offensive one, it's harder to do and it is more costly politically to cover blowing up the economy when the US is not attacking
Looking like inflation about to go back to target very soon
Forwarded from Ian's Intel
STRATEGY BOUGHT 4,603 BTC $369.7M AT AN AVERAGE PRICE OF $80,318

SEC.GOV/ARCHIVES/EDGAR

SOURCE
After selling 432m$ at 75k weighted basis
I'm starting a small position pons/pump without doing much research
Just thst distribution always win
I will happily add to a normal position much lower
Like if the ratio dump 50%, not 15%
Forwarded from Market News Feed
BESSENT: THINK DRUCKENMILLER LOST MONEY DAY HE SENT EDITORIAL

BESSENT: HEDGE FUND MANAGERS LIKE TO 'SPEED THINGS UP'

BESSENT: BELIEVE JAPAN, BOJ TO DO THINGS THAT LEAD TO YEN RISE ...
Tell me again how they're best friend, how there is a deep respect between them
Druckenmiller worked with this guy for years, and is one of the greatest investor of all times.
Then Bessen tried to strike on its own and got bad year after bad year, redemption after redemption
You don't think one of the greatest trader of all time wouldn't have detected that this guy wasn't elite?
Renewed conflict between Iran and the US and imo the tape that speaks the loudest today is $ down
I started a small position goog/igv
Broken Clock
I bought TSLA with 0.1% of my folio
Should have went with so much more