08-20-26 spal
"As long as the music is playing, you've got to get up and dance. We're still dancing,"
Chuck Prince |
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08-20-26 spal
SSRM
SSR MNG INC
Running on |
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08-20-26 spal
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08-20-26 spal
"By the pricking of my thumbs, something wicked this way comes"
Macbeth (Act 4, Scene 1). |
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08-20-26 spal
| Scarcity in the physical world and financial repression = commodity bull run |
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08-20-26 spal
Ex-Dividend Liquidity Capture: With the stock trading ex-dividend today (August 20, 2026), trading prints across TSX (MER.TO) and OTCQX (MRNFF) show zero "dividend capture drop" weakness. Instead, volume spiked to 1.06M+ shares on OTCQX and over 800k on TSX, with buyers stepping in directly at the ex-dividend open to absorb shares from yield-sensitive retail sellers.
Adding |
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08-20-26 carib
Victor: I am no expert, but secondary sanctions on Iraq, if they were to become a conduit for Iranian oil, would be extremely easy to enforce.
Point is some observers now see Trump as lots of smoke and little fire.
This will be a test for the efficiency of secondary sanctions (unless Trump re changes posture before the week-end).
It is also a test for the credibility of US power. |
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08-20-26 spal
| The Dark Arts - so to speak |
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08-20-26 spal
| Frontera - Daily volume on the TSX sits between 60,000–85,000 shares, while consolidated venue data (MatchNow, Pure, Chi-X, Omega) shows heavy midpoint crossing. When institutional buyers accumulate a small-cap asset without wanting to trigger a retail momentum spike, they route iceberg orders to ATS midpoints while stacking passive bids on the lit tape. |
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08-20-26 spal
| LB is running and I am being out bid ... way it goes |
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08-20-26 spal
FECCF
FRONTERA ENERGY CORP
6.70 (+7.89%)
I trade on OTC but most of the action is dark crosses on unlit venues and on the TSX. Institutions are now crossing blocks.
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08-20-26 spal
| Frontera is now re-rating higher |
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08-20-26 spal
| Trying to get a position in LB ... "Texas" LandBridge |
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08-20-26 victor
fun :-))
//
Estados Unidos crea un corredor secreto para sacar petróleo de Ormuz
El Ejército del país norteamericano escolta buques que permiten el cruce de entre cinco y diez millones de barriles al día |
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08-20-26 victor
carib, is iraq oil sanctioned?
i understand they are on good terms with everybody. |
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08-20-26 carib
| I doubt Trump will cut the deficit, so the dollar could move down, and interest rates up.. |
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08-20-26 carib
| Iraq oil goes via hormuz too (except for the overland sales via Turkey) |
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08-20-26 victor
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08-20-26 victor
carib, if...
export to china via 3rd countries, such as iraq?
iraq is iran's 2nd trading partner after china.
just like iran, iraq's #1 trading partner is also china. |
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08-20-26 savo
| may be hormuz blockade is a DT fantasy. |
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08-20-26 carib
| Question: if Hormuz stays closed for iran oil, how would china buy it anyway? |
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08-20-26 victor
savo, let's see if dt has the balls to go against china
//
China pushes back against Trump’s talk of economic warfare against Iran
China has slammed the US president’s “economic D-Day” campaign against Iran, saying more sanctions will not help solve the outstanding issues.
“Imposing sanctions and pressuring do not help to solve the issue,” China’s Foreign Ministry spokesman Lin Jian told reporters in Beijing. “China calls on relevant parties to take responsible measures and solve the issues through diplomatic and political means.”
China would be particularly affected by the measures, as it buys more than 80 percent of Iran’s shipped oil, 2025 data from analytics firm Kpler shows.
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08-20-26 savo
if the old fool was going to resort in the end to old fashion secondary sanctions.. why all the bombing..death and destruction?
shouldn't he have started with the sanctions and avoid the death and destruction?
is the bloodthirsty israeli lobby so influential? |
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08-20-26 victor
| No one has given the Islamic Republic of Iran a greater opportunity to make a Deal than me. TRAGICALLY, for them, they have failed to take it. Therefore, today, I am announcing the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY! This will be Economic Warfare and Isolation on an unprecedented scale. Their navy is gone, their air force is destroyed, their military factories are now rubble, their currency is worthless, and their country is hanging by a thread. Today, I am also announcing that ANY country that allows its financial institutions, businesses, airports, or government entities to provide any type of lifeline to Iran will itself face TREMENDOUS Economic Consequences. Oil smuggling, swap lines, cash transfers, exchange houses, ship registries, front companies — It all needs to stop NOW. You know who you are. This will be an ECONOMIC D-DAY, and we need all of our Allies to stand with the United States of America to isolate, and defeat, the Iran threat. These maniacs are on the ropes, and these HISTORIC MEASURES will cripple them and their ability to project terror worldwide. IRAN WILL NEVER HAVE A NUCLEAR WEAPON. THANK YOU FOR YOUR ATTENTION TO THIS MATTER. President DONALD J. TRUMP |
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08-19-26 pillz
Old-Days Maneuver
Bessent, 63, was famed for his role in successful, high-stakes bets on the British pound and Japanese yen during his work for George Soros. And some market participants viewed Wednesday’s action as drawing on that career.
“It is like the ‘lift everything on the screen’ trick from the old days,” said Brad Golding, a portfolio manager at Christofferson Robb & Co. That’s a reference to a hedge fund technique of hitting big dealers with orders all at the same time to trigger a large move in the market. |
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08-19-26 pillz
With a slew of unexpected maneuvers this year, Scott Bessent has emerged as the most interventionist Treasury secretary in financial markets in decades — putting his credibility on the line in an effort to quell a potentially damaging rise in US borrowing costs.
Wednesday brought the latest surprise. Just two weeks after releasing its schedule for buying back older Treasury securities, the Treasury Department announced it would “at least double” its planned purchases of outstanding 10-year to 30-year debt.
That came after the Treasury earlier this month opened the door to potential cuts in issuance of longer-dated debt. Then back on July 31, Bessent oversaw the first purchases of yen by US authorities in three decades, an action seen as reducing the need for Japan to sell down its Treasuries stockpile to fund its own yen buying. And early this year, Bessent deployed so-called rate checks — calls by authorities to banks for quotes on the yen — surprising even a former Japanese official. |
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08-19-26 spal
Albert Einstein wrote "God does not play dice" in a 1926 letter to Max Born.
But he has a good laugh every now and then ... |
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08-19-26 spal
The major bitcoin owner Strategy
MSTR
12,14%
rebounds by 12 percent.
====
"The race is not to the swift, or the battle to the strong... but time and chance happen to them all."
LOL |
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08-19-26 pillz
Bessent's intervention pushes gold and bitcoin higher
The message that the US Treasury will buy much more of its own debt from now on also has an effect on the gold and crypto markets.
Because the US Treasury's demarche pushes bond yields lower, non-interest-bearing alternatives such as gold and bitcoin become relatively more attractive.
The gold price rebounds by almost 3 percent to 4,485 dollars per ounce. Bitcoin is advancing by more than 5 percent to $68,200. On Wall Street, we see gold mining companies like Newmont
NO
6,34%
en Barrick Mining
B
5,44%
up to 7 percent higher.
The major bitcoin owner Strategy
MSTR
12,14%
rebounds by 12 percent. |
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08-19-26 spal
| https://x.com/EpsilonTheory/status/2090139151727309017?s=20 |
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08-19-26 savo
| borrow short term..buy back long term..coupled with a 3 trn fiscal deficit = quickest road to a financial crisis of unprecedented proportions |
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08-19-26 spal
Warsh: “the bond market is doing the Fed’s job for it.”
Bessent: “hold my beer.” |
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08-19-26 spal
| Long energy, energy infrastructure and precious and industrial metals in the main. |
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08-19-26 spal
| This is not QE ... technically no ... effectively yes (it is operation twist without the Fed) ... it is intervention in rates. No need to try to cover for him and quibble over definitions. If it looks like a duck and quacks like a duck ... |
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08-19-26 spal
SSRM
SSR MNG INC
35.04 (+10.57%)
Clearly I did not buy enough of this one.
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08-19-26 pillz
| US Treasury just blinked: after 30y yields hit levels last seen in 2007, Treasury Sec Bessent doubled long-end liquidity buybacks from $2bn to at least $4bn per operation. 30y yield fell ~9bp to 5.19%. This is not QE, debt stays outstanding. But signal is clear: 5.3% is pain point |
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08-19-26 carib
| Precisely: positive real interest rates are bad for Gold, that yields zero, and rate repression pushes up the metal.. |
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08-19-26 spal
| Indirectly ... gold spikes on yield suppression. |
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08-19-26 carib
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08-19-26 spal
GROY
GOLD RTY CORP CDA
3.39 (+8.47%)
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08-19-26 spal
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08-19-26 carib
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08-19-26 carib
In her book The Origins of Totalitarianism, Hannah Arendt wrote, “totalitarianism replaces all first-rate talent with crackpots and fools, whose lack of intelligence and creativity is still the best guarantee of their loyalty.”
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08-19-26 pillz
Moderna share price doubles after promising results for tailor-made cancer vaccine
The share price of the American Moderna, known for its corona vaccine, doubles after good results with a candidate cancer vaccine based on the same mRNA technology, developed with the American pharmaceutical giant Merck & Co. |
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08-19-26 spal
| GROY - happy and probably well placed to ride an AU resurgence. |
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08-19-26 spal
MEREN ENERGY INC
Adding (lifting costs are c.$15 a barrel) |
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08-19-26 spal
| Precious metal schtocks up sharply |
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08-19-26 spal
| Fiscal Yield Curve Control (YCC). |
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08-19-26 spal
Schrödinger's QE
Press Releases
Treasury Announces Increased Sizes of Nominal Long-End Liquidity Support Buybacks Beginning September 9
https://home.treasury.gov/news/press-releases/sb0607 |
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08-19-26 carib
| Moderna stock up 95% in pre-market on melanoma vaccine news.. |
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08-19-26 carib
| I am way more interested in the future of interest and exchange rates, as well as AI... than in "satanist rituals" and alien interference... |
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08-19-26 savo
spal..no clue if the article is true...thought it was funny though
on the more profound question of whether i believe certain satanist circles perform satanist rituals...yes i do
on the question of whether i believe that bombing economic or civilian infrastructure, cities indiscriminately, schools, economic blockades, economic sanctions, massive uncontrolled immigration etc.. are satanist actions... yes i do.
on the question of whether some bombings are bad but some bombings are good... no i do not. |
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