08-06-26 savo
my conclusion is we need more intelligent people making decisions.. who are driven by the common good and not the enrichment of their friends and family...
Today is the anniversary of the Hiroshima bombing... 6 of august 1945
71 years later the US continues bombing other countries...
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08-06-26 carib
Trump is pissed by the leaks concerning US missile and munitions depletion. Understandable reaction... but if the leak is mistaken, there is no damage. If correct, the situation is not changed by empty threats.
The point is that conflicts are now asymmetrical also in the relative cost of offensive/defensive armaments:
a tank costs a large multiple of a portable anti-tank missile, or of a drone.
a SSM is much cheaper than an interceptor SAM.
The conclusion is we need more drones and fewer tanks, and a cheaper intercepting technology, such as powerful lasers. |
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08-06-26 spal
| The Houthis are dubbing it a "blockade for blockade" strategy. |
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08-06-26 savo
Bessent’s daily routine..
5am: Wake up. Check 10 year yield.
5:05am: Check Truth Social to see if Trump fired me in the night
5:10am: Send message to group chat of all my commodities hedge fund buddies: “Hormuz deal coming today - max short 🛢️! 3==D🚀”
5:15am: Check 10 year yield
5:30am: Call the SPR guy: “I got your voicemail, I don’t care if the caverns collapsed…get a shovel and release the barrels motherfucker.”
5:45am: Call Kevin Warsh and just breathe heavily on the phone
6:00am: Send message to Japanese PM- “I know you’re awake if I find out you sold a single bond we’ll make Hiroshima look like a grocery store firecracker.”
6:15am: Check the 10 year yield
6:30am: Accidentally pocket dial Yellen. Neither of us hangs up. 30 minutes of silence.
7am: Text Barak Ravid “Hi this is anonymous source again war is over today, Iran begging for a deal. Print it.”
7:05am: Read WSJ…schedule rage tweet at a journalist who accused me of manipulating Japanese currency
7:15am: Buy $10B more Yen
7:30am: Record CNBC interview: “We’re not manipulating Yen. Also Hormuz is definitely opening today.”
7:37am: Check 10 year yield
8am-10am: Stare blankly at the Treasury auction schedule while a tear slowly rolls down my face
10:15am - Trump: “Yessir, I did do the Warsh heavy breathing call”
10:17am - Day is over, time to return to my sarcophagus before the sun gets too bright…Set alarm for 2am to check Japan opened correctly. They know what happens if they didn’t listen ☢️
11:27am - snap awake in cold sweat and quickly check 10 Year Yield
https://x.com/RhoRider/status/2085273605407981878 |
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08-06-26 spal
WLK
WESTLAKE CORP
Another turnaround ... although some of its run has already been bagged. Added to a large position anyhow. |
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08-06-26 spal
ALVOF
ALVOPETRO ENERGY LTD
Adding - fairly solid at 7. Production increasing marginally, net backs improving. Divs well covered. Brazil gas pricing exceptional. |
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08-06-26 spal
NNBR
NN INC
===
Adding on dips. Major turnaround in process here. |
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08-06-26 spal
| Houthis step in where the Iranians left off ... tag team. |
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08-05-26 savo
BREAKING: Iran rejects reports that the Oman-Iran agreement is final, adding that even if it is finalized, the reopening of the Strait of Hormuz is separate and contingent on the US implementing the following commitments, a source close to the negotiating team tells Fars:
1. Lifting its naval blockade
2. Lifting sanctions on Iranian oil, petrochemical products and gas exports
3. Releasing all of Iran's blocked funds
4. Ending the war in Lebanon
5. Accepting Iran's right to collect maritime fees on every ship
Iran states that once the US implements these commitments, the Strait of Hormuz will open under full Iranian sovereign control.
Iran adds the US violated the original Islamabad MOU, disrupting the established traffic flow in the Strait through military attacks, a naval blockade, and preventing access to Iran's blocked funds. |
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