08-12-26 savo
the whole chavista "cupola" would have to answer for pilfering tens of billions of public funds.
i do not know the exact numbers but Guaido & Co costed veni 10 years of investment and 2 mm barrels of exports per annum... i guess that is more than the foreign bank accounts of Maduro & Co. |
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08-12-26 leopardo
The outcome must and will be friendly, orherwise
It will be blocked. |
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08-12-26 carib
| SPAL: for me interest and capital gains are tax free, but not US dividends.. |
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08-12-26 spal
Carib - yes. Individual circumstances differ.
Obviously I trade them tax free.
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08-12-26 carib
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08-12-26 carib
SPAL: thanks.
I do not like US high dividend stocks.. because of 30% WHT. |
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08-12-26 leopardo
Prices will grow as soon as real negotiations take place
IMHO |
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08-12-26 carib
Leo: would prefer friendly to.. nothing.
Prices, however, still imply a 25% (of claim) recovery. |
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08-12-26 spal
UMH
UMH PPTYS INC REIT
Spec position on - Erez (activist) will try to put this into play. They have done it before. Mobile homes - 95% occupancy and rents tightening. Controlled by the Landy family. Asset value c.23. |
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08-12-26 spal
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08-12-26 spal
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08-12-26 spal
| Small AU miners and streamers on the move |
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08-12-26 leopardo
Yes Carib but it will be market friendly.
Bondholders committee has ammassed 50% of all Pdvsa/vnz holding, can block unfriendly restrucyurin.
Sooo it will be: friendly or nothing. |
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08-12-26 carib
| Merlino: true. In any case the restructuring will be a US decision. |
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08-12-26 Merlino
...if the Rodrigato will move forward under US guidance with a debt restructuring before the political transition. Big IF.
............................
My guess is USA has enough decisional power to impose her will either to the Rodrigato or to the opposition, including mcm ...thus either now or in the future restructuring will basically be a USA decision ... then my second guess is USA credit holders do not want to unnecessarily delay this matter |
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08-12-26 carib
| I guess the actual Veny question is if the Rodrigato will move forward under US guidance with a debt restructuring before the political transition. Big IF. |
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08-12-26 carib
Savo: and the whole chavista "cupola" would have to answer for pilfering tens of billions of public funds..
AN 2015 in comparison is peanuts.. |
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08-12-26 savo
El presidente ruso, Vladímir Putin, ha advertido este miércoles en su visita a un portamisiles de la Flota del Pacífico de la Armada Rusa, que su país responderá "simétricamente" a la confiscación de buques de su flota fantasma por parte de la Unión Europea y Occidente, allí donde considere necesario hacerlo. Así, Putin pone el foco en las medidas tomadas recientemente por la UE.
"Estaremos obligados a responder simétricamente". Y no solo en los mismos mares en los que planifican sus ataques, sino donde nosotros lo consideremos necesario y oportuno, en cualquier lado, incluyendo la zona de responsabilidad de la Flota del Pacífico", alertó Putin. Según el presidente ruso, hay gobiernos que vulneran el derecho marítimo internacional y "buscan limitar el movimiento de los buques de nuestros operadores económicos", buques que, señala, son civiles.
Asimismo aseveró que "recientemente se les ocurrió la idea de requisar nuestros buques y vender los bienes robados, lo cual no es más que piratería y saqueo". En respuesta a estas declaraciones, el comandante de la Flota del Pacífico, almirante Víktor Líina, afirmó que Rusia "cuenta con fuerzas para detener buques de los países inamistosos (...) Estamos listos para comenzar el cumplimiento de dichas misiones".
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08-12-26 savo
free return in security of political exiles
mmmmmmmm
vecchio, borges, guaido, and the rest of that group should account first for all the money stolen from citgo and USaid. |
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08-12-26 savo
one will need a new impartial electoral council, liberation of remaining political prisoner,
all of that |
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08-12-26 leopardo
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08-12-26 leopardo
| September-December crucial months for Vnz dentro restructuring |
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08-12-26 carib
Personally, I do not think an IMF package is required.
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08-12-26 carib
well before elections.. one will need a new impartial electoral council, liberation of remaining political prisoner, free return in security of political exiles, IMHO.
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08-12-26 savo
IMHO the order of things is the following
1) Blanc page at veni's ofac (as long as there are sanctions plus licenses which can be revoked there will not be new investments)
2) debt restructuring of bonded debt
3) oil contracts with big oils
4) increase production
5) elections |
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08-12-26 carib
| all opinions, in the absence of news.. |
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08-12-26 savo
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08-12-26 carib
The announcement of the debt restructuring was more of a gimmick to gain time—one of chavismo’s true gifts—by the Rodrigato to appease both the US and the naive bondholders who helped to put her in power. But, once again, there are no shortcuts to any meaningful change in the country’s economy that do not involve the now dreaded T-word: “transition.”
https://www.caracaschronicles.com/2026/08/11/the-odyssey-of-renegotiating-venezuelas-external-debt/ |
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08-11-26 savo
happening again
Incredible. Jensen is completing the circle.
- Bankers don’t like GPUs as collateral because the depreciation is unpredictable
- It’s unpredictable because a new GPU can obsolete an old one
- Jensen knows his own roadmap
- so he’s offering depreciation insurance to the banks
- the depreciation insurance (up to 25%) helps the banks get marginal deals over the line
Speculation
- Nvidia will also advise the banks on “reference designs” for datacenters that will make them fungible
- Having them be fungible means that the debt can repackaged into Asset Backed Securities, Collateralized Loan Obligations and Collateralized Debt Obligation (ABS, CLOs and CDOs from 2008 haha)
- This allows tranching to get investment grade ratings on the debt so that it can be resold to pension funds and insurance firms
- It also allows the banks to trade idiosyncratic project specific credit risk for sector wide credit risk
So Jensen is trying to get his customers the same cost of financing as real estate rather than venture equity.
This is going to move the data center game out of the VCs and into the big leagues.
https://x.com/8teAPi/status/2086983723913023836 |
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08-11-26 savo
The EU is preparing to print money to prevent others from dumping their bonds.
The ECB is expanding its repo facility for foreign central banks.
Instead of selling their EU bonds when they need liquidity, they can pledge them as collateral and receive freshly printed EUR.
Just what Bessent is planning for Japan...
It's not just the US bond market that's blowing up... It's almost the entire developed world.
The EU and Japan were the poster children for NIRP... negative interest rate policy.
Now rates have surged from negative territory to multi-decade highs...
Their bonds are getting hammered.
Meanwhile, most EU member states are running deficits... They can't afford higher rates.
The path to YCC across the developed world becomes more obvious by the day.
We all don't own enough gold.
https://x.com/ekwufinance/status/2087169196706730488 |
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08-11-26 carib
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08-11-26 victor
Un tribunal sirio condena por ausencia a muerte a Bashar al Assad por crímenes de lesa humanidad
Es la primera sentencia contra el dictador, que huyó a Rusia en diciembre de 2024, tras el levantamiento de las fuerzas rebeldes que provocó la caída del régimen |
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08-11-26 victor
carib..
As of August 2026, Strategy (formerly MicroStrategy) owns approximately 840,447 to 843,775 BTC, representing over 4% of the total Bitcoin supply.
//
As of August 2026, approximately 20 million Bitcoins have been minted, representing roughly 95% of the total fixed supply of 21 million. |
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08-11-26 carib
| What % of total mined bitcoins does Saylor own? |
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08-11-26 savo
victor..
of course one can always sell assets to build cash.
The problem comes when assets were bought with debt and are sold below purchase price. The second problem is when one sells common stock below net asset value.
Companies usually pay interest and dividend with income and sell assets to pay debt.
Saylor is selling assets below purchase price and common stock below net asset value to pay interest and dividends not to repay debt.
I do not know what those analysts that you mention are analyzing...
unless I am missing something... after a while selling assets below purchase price to pay dividends and interest or selling common below net asset value to pay dividends and interest, Saylor will run out of assets to sell or buyers of common. |
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08-11-26 victor
savo,
Strategy (formerly MicroStrategy) has significantly expanded its U.S. dollar cash reserves to $3.75 billion as of late July 2026, following a $544.5 million capital raise through common stock sales.
This liquidity buffer is strategically allocated to cover approximately 2.1 years of preferred stock dividend payments and interest obligations, ensuring financial stability without liquidating its 843,775 Bitcoin holdings. The company has paused Bitcoin purchases to prioritize this balance sheet repair, a move that analysts view as a disciplined approach to managing debt and supporting its long-term crypto treasury strategy.
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08-11-26 savo
ample cash reserves
i do not know what that means Victor for a company that has practically no earnings... no income, its only source of cash is selling its assets or common stock and has a mountain of debt and prefs on which they have to pay interest.
I would like to know how much of those ample reserves are "net" after current liabilities. |
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08-11-26 carib
the future of the renminbi?
https://www.ft.com/content/5fbd8dad-7e3d-418b-91dc-b61af9436ca6 |
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08-11-26 victor
savo, because of Stretch
//
it was reported that saylor has ample cash reserves. |
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