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10-26-26  victor

:-))

Rep. Carlos A. Gimenez


🚨El engendro retorcido de Delcy Eloína no representa en lo absoluto a la Venezuela decente. Jamás y nunca.

Delcy es ejemplo de la mediocridad cutre, chusma y ladrona que caracteriza a esta dictadura.

Nadie la respeta y utiliza fondos pĂşblicos para mantener a sus chulos.

10-26-26  panasonic

Carib, just checked and yes would need a Brazilian CPF to hold directly.

10-26-26  victor

carib, thanks

10-26-26  carib

Panas: there are trillions worth of local government bonds in BRL.
problem is you need a local bank account, or have a credit linked note manufactured for you, to buy it is US$.

10-26-26  panasonic

"I like our chances"

Kalshi is a POS outside US which makes sense, now we shall see if has some value inside US.

Not a believer in traditional polls anyway, so if Kalshi kicks them out of biz, I'm more than ok.

10-26-26  carib

Victor: no such risk. Lula turns 81 tomorrow, and has no right to stand again, even in case he wanted to do such an irrational thing. In case Lula dies or resigns, he would be replaced by the vp, Alkmin, who is the former moderate governor of sao paulo state.
The risk is that Brasil becomes more ungovernable given both houses of congress are controlled by the right wing parties, public debt is high and growing and the interest rates make it unsustainable. The private sector life is also made difficult by the excessively high interest rates.

10-26-26  spal

"I am not in danger, Skyler. I am the danger. A guy opens his door and gets shot, and you think that of me? No. I am the one who knocks!"

Our moto.

10-26-26  spal

Panas - it is the two of us against the Kalshi Army and the algos ... I like our chances.

10-26-26  panasonic

"I have bought the dip hard"

same here

10-26-26  spal

why is the brasil market so spooked?


===

Fundamental it is not and most of this will bounce back. It reflects mostly retail meme trading (bolsonaro an apparent capitalist and so good, Lula a socialist ergo bad) and is reinforced by trend following algos.

I have bought the dip hard.

10-26-26  victor

carib, so lula has to leave, and cannot run again next cycle?


//

Not a Lifetime Ban: The two-term limit applies only to consecutive service. A former president who has served two consecutive terms can run for the presidency again after sitting out at least one full presidential term (or after at least one term has elapsed).

10-26-26  victor

carib, what is the risk? why is the brasil market so spooked?

that lula attempts to entrench himself in power, and tries to become another maduro or fidel?

can lula run for office again in 4 years?
are there no term limits in brasil for president?

he's beeen president 4 times?

he's 80, so he'll be 84 next presidential election.

10-26-26  spal

"Lula’s Army" (Exército do Lula) was a massive, centralized WhatsApp broadcasting network engineered by Federal Deputy André Janones for Luiz Inácio Lula da Silva’s 2022 Brazilian presidential campaign. Leveraging WhatsApp’s position as Brazil's dominant communication tool, the operation aggregated over 10 million subscribers into a direct pipeline. Campaign operatives distributed ready-to-share videos, infographics, debunking materials, and digital stickers to core supporters, who then re-shared them into millions of personal family, workplace, and community chat groups.

Significance:

Neutralized Asymmetric Digital Dominance: Historically, Jair Bolsonaro’s conservative movement dominated encrypted peer-to-peer messaging. "Lula’s Army" constructed the political Left’s first equivalent digital infrastructure, dismantling the opposition’s structural online advantage.

Direct, Unfiltered Voter Mobilization: Bypassing traditional media filters and social media algorithms, the platform enabled instant counter-messaging and crucial election-day Get-Out-The-Vote (GOTV) logistics, such as distributing free transit guides to reduce working-class voter abstention.

Decisive Force Multiplier: In a presidential race decided by under two percentage points (~1.8%), the capacity to rapidly deploy campaign narratives directly to millions of active citizen amplifiers served as a vital strategic asset, proving that organized micro-distribution via chat applications can decisively tilt modern elections.

10-26-26  pillz

After the surprising re-election of left-wing President Lula, the Brazilian stock market is getting a historic bolwashing. In Brussels, the 'Brazil share' AB InBev is taking a hit.

10-26-26  spal

Lula's Army WhatsApp channel ... this became a thing in the election and may have swung it.

10-26-26  spal

https://x.com/Alex__1789/status/2114725881964908943?s=20

Below comment was from this guy (whom I follow on X). Iconoclastic thinker. Brazilian.

10-26-26  spal

Lula increased his vote by 10.3m: similar to the number of people in the Lula's Army WhatsApp channel; & more than the defeated 3rd-party candidates combined.

Where did the votes come from?

Abstention fell from a record high 21%, to 19%, the lowest in 20 years. Blank votes also fell from 6m to 4m.

10-26-26  pillz

it is long time ago, it represents about 1k/once

10-26-26  pillz

now it represents about 10% of my portfolio

10-26-26  pillz

have many heavy gold bars in a vault, I guess.

//

I have

10-26-26  spal

Real dropping sharply, seems to be a good moment to jump in.

===

Yes likely oversold and will bounce ... but make sure you take profits.

10-26-26  spal

spal, he will supposedly lose the ohio election..
but dt keeps supporting him.

===

Grifters United ... yes Vic this is pretty obvious to both of us.

10-26-26  panasonic

Carib, Real dropping sharply, seems to be a good moment to jump in.

Which local bond has good liquidity?

10-26-26  carib

Brasil 10Y local currency bond yielding 15,7%. any takers?

10-26-26  victor

spal, he will supposedly lose the ohio election..
but dt keeps supporting him.

Oct. 23, 2026

//

Trump doubles down on defending Vivek Ramaswamy’s attack ad against Amy Acton


10-26-26  panasonic

"Colores Rescue Submarine"

:-)) swimming is cheaper.

10-26-26  spal

Vivek Ramaswamy

===

What a grifter.

10-26-26  spal

Perhaps we should pool some funds for a Colores Rescue Submarine?

10-26-26  victor

pana.. meltdown would be 15k bitcoin, like last time.

btw:


Vivek Ramaswamy's Strive bought $511 Million worth of Bitcoin.

They now hold 43,000 BTC worth $3.45 Billion.

10-26-26  spal

Concerning schwimming - this then puts comrade Pilly in a favored position to survive the coming doom scenario.

10-26-26  spal

a 20 US$ in a plastic bag in his underwear

===

So there we have it.

Plastic bag pouch in your underwear and swimming lessons ... we colores are now all set to fight off communist repression.

;)

10-26-26  spal

BBB

Brazilian Bolsonaro Blues today.

What a pathetic market.

LOL

10-26-26  carib

A friend of my late uncle swam to Hong Kong from mainland China after the communists took power, with a 20 US$ in a plastic bag in his underwear as is only possession.
He died a dollar billionaire early in the XXI century.

10-26-26  spal

using house money after selling puts.

===

Bravo

10-26-26  panasonic

BTC back to meltdown mode.

10-26-26  panasonic

Playing a bounce of EWZ via calls, using house money after selling puts.

10-26-26  spal

BORR c.12% down
PBR c.16% down

Gently buying

10-26-26  spal

PBR ... sold down as Bolsonaro hype faded ... I think it is currently oversold.

10-26-26  spal

Fully Insured Replacement Value: Modern jack-up rigs carry comprehensive Hull & Machinery (H&M) insurance policies. The insured value collected from underwriters will insulate Borr’s balance sheet from direct capital destruction, offsetting the physical loss of the hull.

Limited Earnings Impact: The Prospector 5 represents 1 out of Borr’s ~24 high-spec premium jack-up rigs (~4% of active fleet capacity). While losing its dayrate on the Dussafu Marin contract for BW Energy temporary pares back near-term revenue, the remaining ~96% of the fleet continues to operate under high global utilization.

Macro Tightness Intact: The underlying thesis for modern shallow-water rigs remains unchanged: tight global supply, minimal newbuild additions, low breakeven extraction costs for operators, and sustained demand across West Africa, the Middle East, and Southeast Asia.

10-26-26  spal

off

10-26-26  spal

BORR might be a bounce play today - impulse is down due to the sinking of a rig of Gabon on the w/end.

Trøim (founder) has been aggressively accumulating shares in the open market throughout August, September, and October 2026 via his indirect holding entity, Drew Holdings Ltd. / Drew Trust (a non-discretionary trust vehicle of which he is the beneficiary).

Following these recent purchases, Trøim indirectly controls over 37.28 million common shares through Drew Holdings (a stake valued at ~$160+ million depending on daily market moves), alongside a smaller direct personal holding of 81,867 shares.

10-26-26  spal

Further information is available from Captain Jack Schpal - Letters of Marque and Reprisal LLC.

10-26-26  spal

FYI Shipping:

Jurisdictional Mobility: Unlike fixed land or real estate, a vessel is a mobile asset. If a sovereign state attempts arbitrary confiscation, local political instability flares, or a host government falls, a ship can simply sail into international waters or be redirected to a safe foreign port.

Admiralty Law & Flags of Convenience: Ships operate under international maritime law (admiralty law) and can be registered under foreign flags of convenience (such as Liberia or Panama) or corporate entities established in neutral jurisdictions (like Bermuda or the Cayman Islands). This effectively insulates the legal title of the asset from the direct statutory jurisdiction of any single domestic land tribunal or revolutionary state.

Hard Currency Earnings: International shipping generated revenue in US Dollars rather than unstable local currencies subject to capital controls or hyperinflation, allowing them to reinvest freely on a global scale.

10-26-26  panasonic

S-1 filed for Anthropic, will trade under ticker ANT.

10-26-26  spal

Best example I have is when the Communists came to mainland China plurocats like C.Y. Tung and Y.K. Pao moved assets out of domestically tied assets and operations like RE, factories etc and into shipping.


C.Y. Tung (Tung Chao-yung): Originating from Shanghai, Tung built Orient Overseas Container Line (OOCL). He famously moved his operations out of mainland China to Taiwan and Hong Kong ahead of political shifts, diversifying into a massive global fleet (including purchasing the ocean liner RMS Queen Elizabeth). His family held deep ties in both Hong Kong and Taiwan (his son, Tung Chee-hwa, eventually became Hong Kong’s first Chief Executive post-handover).

Sir Y.K. Pao (Yue-kong Pao): Pao fled Shanghai for Hong Kong in 1949 as the Communist forces advanced. Fearing that real estate in Hong Kong might eventually be seized or nationalized by Beijing if the territory were invaded, he deliberately chose not to put his capital back into property initially. Instead, he bought his first ship in 1955 and built World-Wide Shipping, which grew into the world's largest privately-owned shipping fleet. Decades later, once maritime assets had secured his wealth globally, he leveraged his shipping empire to pivot back into land, famously acquiring Hong Kong real estate giants like The Wharf and Harbour City.


This kind of thing is actually how the real capitalists work as distinct from those scurrying around with bars of gold.




10-26-26  panasonic

Ultra wealthy families that I know have also a nice collection of art, collectibles, jewelry besides gold, probably certificates of golds backed by physical in bank vaults (same bank but not their vault), for liquidity purposes.

10-26-26  carib

but Savo has a point. a number of large clients of my bank keep a large vault with physical gold bars representing a given % of their assets. Kept the very same bars there for half a century, or longer.
But what % of your assets, Savo, do you keep in gold bars?

10-26-26  carib

Savo: we, colores, have capital. but not many of us have many heavy gold bars in a vault, I guess.

10-26-26  panasonic

On Gold me on the same page as Carib.

10-26-26  panasonic

Carib, at the open I will sell puts and buy calls right away, this is way overdone.

10-26-26  savo

carib.. the location of the contracts is US and UK... exactly the locations wealthy family offices do not want.

10-26-26  savo

the point is that momentum traders trade futures and options like MMA in cage... they have their own stock and kick and hit each other against oil.. crack spread... interest rates... wars etc...

Wealthy family offices just buy physical gold and store it out of reach from "democratic" government prone to confiscation..irrespective of the cost of capital... capital is what they have.. protecting said capital is what they want.

10-26-26  carib

Savo: it will be, I suppose, the spot price in the location determined by contract.
How many gold bars do you already own in a vault, in practice?

10-26-26  savo

I guess their future value will depend from the spot price

carib...

and what will that spot price be?

if they need to resort to cash settlement prices will be all over the place...


as I write gold in shangai trade similar to the west... but silver trade 13% higher..

https://metalcharts.org/shanghai

10-26-26  carib

The iShares MSCI Brazil ETF is down 27% premarket, on track for the largest decline in its 26-year history.

U.S.-listed shares of XP, a Brazilian financial services company, are down more than 40% premarket, also on track for a record daily loss.

State oil firm Petrobras's American depositary receipts are down 25% in early trading, which would mark their second-worst day on record.

MercadoLibre, the Latin American e-commerce and payments company, fell more than 10% premarket, making it the biggest premarket decliner in the Nasdaq-100 index. Ambev, a Brazilian beer company and subsidiary of Anheuser-Busch, lost 10% in early trading.

10-26-26  carib

Panas: question is.. at what price is BRL a buy?

10-26-26  carib

Savo: if you buy GLD calls, I guess their future value will depend from the spot price. If you just want to hold a gold bar, just buy one and put in the safe deposit box of your swiss bank, taking good insurance.But that has a high capital cost.

10-26-26  panasonic

EWZ puts obeying orders.

10-26-26  panasonic

MCM in Veni, now what?

10-26-26  panasonic

Vic, when I see Sanchez dancing a lot in stage, get bit more optimistic :-)

10-26-26  savo

Or am I mistaken?

carib..if they force majeure a cash settlement it will not be at the prevailing price for physical gold stored in safe locations...

The reason for a cash settlement will be that reserves at the exchange are below minimums

So who knows what that price will be.

PS: I do not expect a financial Armageddon... I simply expect a financial crisis with higher inflation for longer... as there is too much debt.. too much deficits... to little willingness to correct the imbalances cutting spending and too much underwater debt sitting at US and European banks.

Central banks will continue repressing rates to kick the can forward... which will add to the fire.

Nothing new under the sun.

10-26-26  victor

pana, another one who just resigned..
because sanchez took him out of the psoe list of candidates.

and not just anyone.

DELEGADO DEL GOBIERNO EN MADRID.. pana.

sanchez = totally ruthless.
he demands 100% loyalty to him, not to the psoe.

//

El delegado del Gobierno en la Comunidad de Madrid, Francisco MartĂ­n Aguirre, ha presentado su dimisiĂłn este domingo tras quedarse fuera de las listas del PSOE al Congreso y al Senado para las elecciones del prĂłximo 29 de noviembre, segĂşn ha adelantado 'El Pais'

10-26-26  victor

carib, jaime bayly's opinion, posted before lula's victory:

//

Bayly cree que si Flavio pierde será por el golpe bajo canallesco y ruin que le dio a Lula en el debate llamándolo “nueve dedos”

10-26-26  victor

Comando ConVzla
15m

#Caracas, nos vemos en minutos!

Estamos en Maitana, rumbo a la Valle-Coche a encontrarnos con nuestra gente

10-26-26  victor

carib, and the jair negative effect on flavio?

being the son of jair can be negative..

same for keiko, being the daughter of el chino..
she won but only on her FOURTH attempt, and it was by a nose.

10-26-26  victor

El senador republicano Rick Scott jugĂł un papel decisivo en el regreso de MarĂ­a Corina Machado con llamadas al presidente Donald Trump

10-26-26  spal

A right-leaning legislature and a familiar, centrist-anchored executive - forcing Lula to govern moderately and seek compromise.

10-26-26  carib

The outcome was determined by voters who abstained in the first round, and opted for the lesser evil in the run-up.

10-26-26  carib

My reading: Brasil voted to the right (check Senate new composition).. but got cold feet when faced with a candidate without any significant experience, no clear qualities.. and unsavoury bedfellows. Trump support was a death kiss for Flavio. Brasileiros opted for balance of powers. Hope the choice proves wise.

10-26-26  carib

Practical questions: BOVESPA and BRL levels in a few hours?

10-26-26  spal

So much for the wisdom of markets ...

10-26-26  spal

How the Pollsters Performed

While major polling firms faced criticism for underestimating conservative turnout in the first round, their runoff modeling performed much better than the prediction market odds:

Statistical Toss-Up Modeling: Major Brazilian polling firms—including Datafolha, Quaest, AtlasIntel, and Gerp—consistently reported a neck-and-neck, statistical tie (generally showing 50–50 or tight 51–49 splits within their margins of error).

The Final Outcome: Rather than the blowout indicated by prediction market odds, the election ended in a tight finish. According to official electoral authority results reported by Al Jazeera and The Washington Post, Lula secured reelection with 51.75% of the vote compared to Flávio Bolsonaro's 48.25%.

By framing the runoff as an unpredictable, high-volatility toss-up rather than a near-certainty for Bolsonaro, traditional pollsters provided a much more accurate picture of the final outcome than the prediction markets.

10-26-26  carib

Savo: if you expect financial armageddon coming soon.. you have a point.
Otherwise, if the US$ remains a convertible currency, and my (hypothetical) Gold futures get settled in US$ after GLD prices shoots up (hypothetically).. I can exchange US$ in HK$, or CHF.. and buy bullion in CHF or Singapore..

Or am I mistaken?

10-26-26  spal

The Prediction Markets' Heavy Miss

Following the first round of voting—where Senator Flávio Bolsonaro unexpectedly finished ahead of President Luiz Inácio Lula da Silva—prediction markets swung heavily toward a Bolsonaro victory:

Kalshi & Polymarket: In the weeks leading into the runoff, major platforms like Kalshi gave Flávio Bolsonaro up to an 88% probability of winning, while Polymarket priced his victory odds around 86%.

Betting Odds: On the eve of the runoff, sportsbooks and betting exchanges had Lula listed as a long underdog (paying out as high as 5.50-to-1).

The markets essentially treated Flávio Bolsonaro's first-round momentum as a decisive trend, creating an overconfident consensus that proved wrong when the final votes were tallied.

LMAO

10-26-26  carib

Victor: 99% is not 100%.
Personally, I am very ok with the outcome.
Right wing parliament, left wing President..

;~)

10-26-26  spal

Schpal would like to extend warm congratulations to comrade Lula - Viva Brazil and Viva Bahia.

Lula’s win does not alter Alvopetro’s fundamental investment thesis: a high-margin, low-cost onshore natural gas producer generating strong free cash flow and paying a sustainable dividend backed by a firm state-level off-take contract.

Alvopetro’s sole off-taker, Bahiagás, is owned by the state government of Bahia—which has been continuously governed by Lula’s Workers' Party (PT) for nearly 20 years—ensuring strong local political alignment and off-take reliability.

The administration's federal policy prioritizes expanding domestic natural gas supply to fuel local re-industrialization and fertilizer production in the Northeast, directly supporting Alvopetro's core market.

Petrobras's pause on onshore asset divestments limits new large-scale competitors from rapidly entering the RecĂ´ncavo Basin, protecting Alvopetro's established regional market share.

Because 100% of Alvopetro's natural gas is consumed domestically within Brazil, the company is completely insulated from federal crude oil export taxes and trade restrictions.

The long-term Gas Sales Agreement (GSA) with Bahiagás is contractually indexed to international commodity benchmarks and inflation, safeguarding profit margins against domestic fiscal or currency shifts.

Viva Lula

10-26-26  spal

Or perhaps:

"In politics, death is never final."

— François Mitterrand

10-26-26  spal



"A week is a long time in politics."

Harold Wilson

10-26-26  victor

carib, what happened to your forecast in brasil?

//

10-05-26 carib

Brasil turned clearly to the right. Lula is 99% over.
Question is: what will Bolsonaro jr fiscal policy be?

10-26-26  spal

Lula

10-25-26  savo

While Democratic leaders have largely avoided discussing another impeachment of President Donald Trump, they have openly embraced efforts to remove Hegseth.

"One of the first things we're going to do in the majority, we're going to run Pete Hegseth out of town," House Minority Leader Hakeem Jeffries, D-N.Y., declared during a Pennsylvania rally earlier this month.


hopefully out of town and into the darkest, wettest and coldest Alaskan prison

10-25-26  savo

carib.. on the gold futures.. is precisely what wealthy family offices do not want... futures are "papelitos" created by wall street under US or UK law... ie. under no law...

i am not a wealthy family office... but these are purchases for eternity outside put out of reach from corrupted exchanges which change the rules of the game every time the market goes up

in any case fiat is just a 50 years failed experiment... i do not know what comes next... but gold in a CH vault is real... gold at an exchange is not... they may decide to force settle in US$ claiming the gold is unavailable.

10-25-26  savo

carib.. i am thinking a year or two...

10-25-26  carib

Brasil elections turning into a carnival, with judges deciding to extend voting hours too close to the deadline. in practice it does not work. Big mess coming, maybe.

10-25-26  carib

Putinists lose Serbia elections.
Good news, for once.

10-25-26  carib

Savo: I think presidents should be middle aged persons, not very old chaps.
It is a very stressful job.

10-25-26  carib

Victor. the house is almost certainly lost for the GOP.
the only relevant electoral issue, IMHO.. is the senate control.
MAGA is a cult, not a party, IMHO.

10-25-26  savo

nothing will happen to her victor.. she will be president one day...but not for now... she is 59... plenty of time..

10-25-26  victor

carib, i understand, except that those gop guys, that need votes badly, were not the ones pressing the dt admin..

funny way to show it.

it's also smart for her to return right before the midterms.

to hold the dt admin accountable in case something happens to her, right before midterms.

10-25-26  carib

In Texas, the Bush voted Talarico.
I guess that says it all.

10-25-26  carib

BTW: IMHO the GOP is in hibernation, replaced by Trump tribe.

10-25-26  carib

Victor: GOP wants more votes, because they need them badly.
simple, IMHO, but probably late.

10-25-26  victor

carib, if it were up to the gop, she probably wouldn't be back..

10-25-26  victor

carib, looks like she is back thanks to diaz balart, maria elvira and gimenez..

//

El diario español ABC informó que María Corina Machado había ingresado a Venezuela desde Colombia en medio de un operativo diplomática internacional y tras casi nueve intentos fallidos de regreso. Según el corresponsal David Alandete, esta fue la segunda vez que la líder de la democracia intentó ingresar a Venezuela desde Colombia, la primera vez fue documentada por NTN24. Fuentes consultadas por el diario, aseguraron que había división en la administración Trump sobre el regreso de la Nobel de Paz y que fue decisiva la presión de congresistas republicanos de Florida.

10-25-26  carib

Victor: I am referring to the GOP, not individual candidates..

10-25-26  victor

carib, gimenez has nothing to worry about in fl-28..

it's maria elvira who was a bit worried in fl-27.

10-25-26  carib

Looks like US republicans want veny votes back in midterm...

10-25-26  victor

Rep. Carlos A. Gimenez


My friend & Nobel Peace Prize Winner MarĂ­a Corina Machado has returned to Venezuela.

I want to make this very clear: From the U.S. Congress, I hold Delcy and Jorge Rodríguez, Diosdado Cabello, Padrino López, and González López directly responsible for any harm that may come to her.

If these corrupt thugs continue with the threats, they will end up pulverized like the Castro regime henchmen who guarded Maduro.

Are we clear?

10-25-26  victor

Secretary Marco Rubio

The conditions allowing for the safe return of Ms. Machado to Venezuela is the direct result of the U.S. supported reconciliation talks which has already seen hundreds of political prisoners freed and hundreds of political opposition figures return from exile.

The United States expects the freedoms of all sectors of Venezuelan politics to continue to be respected. Likewise, we expect all political actors to support these talks which represent the best chance Venezuela has had in thirty years to peacefully achieve not just a free and fair election but an enduring democracy.

10-25-26  victor

carib, and savo is on cloud nine. :-))

10-25-26  carib

Victor beat me with the news posting..
;-)

10-25-26  victor

Edmundo González

¡Venezuela! Me emociona muchísimo anunciarles que nuestra líder, mi querida Maria Corina, está en territorio venezolano.

Hoy es un dĂ­a muy importante para los venezolanos. Nuestra voz soberana retorna con ella para liderar y encaminar este proceso!

Muy pronto estaré con ustedes y con ella para que nuestro país avance verdaderamente hacia la libertad

Ustedes lo saben, esto es hasta el final.

10-25-26  victor

Comando ConVzla

@MariaCorinaYA llega a la Iglesia de Santa Rosa, en #Lara, para agradecer a la Divina Pastora por su regreso a Venezuela, luego de diez meses fuera del paĂ­s.

¡Con fe y de la mano de Dios, se reencuentra con los venezolanos y su tierra!

Bienvenida, @MariaCorinaYA, tu lugar y tu tarea es aquĂ­, con tu gente.

10-25-26  victor

La dirigente opositora, premio Nobel de la Paz, se encuentra ya en territorio venezolano y tiene previsto reaparecer pĂşblicamente en el santuario de la Divina Pastora

10-25-26  victor

María Corina Machado regresa a Venezuela: «Estoy aquí. Con ustedes»

10-25-26  victor

and brasil's election today, is a referendum on lula.

10-25-26  victor

pana, the elections in israel are a referendum on netanyahu.

10-25-26  victor

pana, majority of US voters are "center"

//

this election in the usa is a referendum on dt..

just like the elections in spain are a referendum on sanchez.

10-25-26  spal

Carib - the story being what? Not following you?

10-25-26  carib

Data fact: the number of yemeni citizens is much higher than that of saudi citizens, apparently, despite the relative size of the respective territories.
Saudi GDP per capita is officially about 50 times bigger, in PPP terms, than the Yemeni analog figure.
Let us not even compare the number of oil barrels per capita.
I guess data has a story to tell..

10-25-26  carib

Savo: but is it not much cheaper buying gold futures?

10-25-26  panasonic

Savo, true but is not exclusive to the super-rich.

10-25-26  savo

pana.. two unconnected markets...


in one a group demented momentum traders and their algos... like MMA fighters... in a cage ... hitting and kicking each other around interest rates... oil prices... wars .. houtis... whatever..

and a different very calm market... where normal people... who behave normally... go about their normal family lives n... buy gold every month in bars form.. store it in a secure vault in Switzerland, Singapore, Hong Kong...etc,, and wait for the next month to buy some more... gold that never sees again the light of the day...

these people rejoice every time the MMA fighters push the price down... as they buy their monthly allocation cheaper...

they do not plan to sell.... ever... as gold will go as is to the next generation...

10-25-26  panasonic

Vic, I've been posting abt. simple fact that majority of US voters are "center", seems to me Bush family move is part of necessary steps to cross the aisles and send minorities back to their boxes.


10-25-26  panasonic

Savo 'I do not think there are family vault"

My guess also, so using 3rd parties is the traditional way, no need to be super rich to have it.

10-25-26  victor

pana.. first gwb's daughter, barbara.. now neil.

//

Bush dynasty delivers another blow to GOP in Texas Senate battle as family member breaks ranks

The son of George HW Bush and brother of George W Bush publicly backed Talarico over Ken Paxton in the Texas Senate race

Another member of the Bush family dynasty, Neil Bush, is throwing his weight behind Texas Democratic Senate hopeful James Talarico, saying he voted against a political style he believes has "damaged our country."

"I have never posted a political message on Facebook, not wanting to offend friends whose views may be very different than mine. I'm breaking that tradition because I voted early today, and I voted for James Talarico for the United States Senate," Neil Bush wrote on Facebook Tuesday.

"My vote was motivated by two things: deep concern about Ken Paxton's record and genuine admiration for the character and principles I see in James Talarico."

Bush, the son of former President George H.W. Bush and brother of former President George W. Bush, broke with his family's longstanding Republican political tradition in backing the Democrat.

Former President George W. Bush has maintained friendly relationships with Democratic former presidents, but his relationship with President Donald Trump has been strained since the 2016 Republican presidential primary, when Trump repeatedly attacked his brother Jeb Bush and mocked their mother, former first lady Barbara Bush.

"I believe Donald Trump and those who have enabled him have done enormous damage to the Republican Party. I worry about a political culture in which loyalty to an individual takes precedence over loyalty to principle, and where those who hold power begin to believe they are no longer accountable," Neil Bush added.

"But my vote today was about much more than opposition to Ken Paxton."

Neil is the second member of the Bush family to recently throw his support behind Talarico. Barbara Bush, daughter of former President George W. Bush, contributed $2,500 on Sept. 23 to Lone Star Rising PAC, a super PAC supporting the Democrat, according to federal campaign finance records reviewed by Fox News Digital.

10-25-26  spal

Correction - Taiz is in Yemen.


10-25-26  spal

Holding choke points isolates over 1 million residents in Taiz while pinning down thousands of Presidential Leadership Council (PLC) and Giant Brigades troops, without requiring the Houthis to commit high-cost infantry assaults into urban centers.

10-25-26  spal

Note: a total blockade that severs critical supply corridors is functionally equivalent to an invasion.

10-25-26  spal

While the conflict has a heavy cross-border dimension, it is important to distinguish between ground control inside Yemen versus operations along the Saudi border:No Active Ground Invasion / Territorial Occupation: Houthi forces are not executing a ground invasion or occupying territorial ground inside Saudi Arabia.Nature of Cross-Border Attacks: The conflict along the Saudi-Yemeni border (affecting Saudi provinces like Jizan, Najran, and Asir) primarily consists of long-range ballistic missile launches, explosive drone swarms, and cross-border artillery or raiding skirmishes. Focus of Ground Operations: The Houthis' primary ground forces, siege tactics, and territorial ambitions remain concentrated inside Yemen's borders (e.g., Taiz, Marib, and Hodeidah), rather than establishing permanent ground footholds inside Saudi territory.

10-25-26  spal

Taiz residents struggle to access basic resources, such as gas and water, as the Houthi-imposed sieged on their city has caused severe shortages.

===

Meanwhile and invasion of Saudi Arabia is being prosecuted. Taiz is a mountain town (actually a rather nice one).

10-25-26  spal

El Presidente Nayib Bukele descartó que los cuerpos encontrados pertenezcan a los cuatro técnicos de aviación secuestrados por las pandillas en Haití.

So maybe not, but Bukele will not be happy if he can't get his people out.

10-25-26  spal

FirstSquawk's post accurately relays a New York Times report, confirmed by Reuters on October 24, 2026, that bodies believed to be four Salvadoran soldiers missing after a gang ambush in Haiti were found badly burned outside Port-au-Prince.
The soldiers, aviation technicians in the UN-backed Gang Suppression Force, were ambushed on October 19 while returning from a market in a gang-controlled area near the capital, marking the mission's first major casualties since deployment.
President Nayib Bukele had publicly warned Haitian gangs and initiated a rescue operation, with the remains handed over to a Salvadoran military team at the international airport.

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