The Energy Shortage Can Worsen While Hormuz Opens
Here is the story I am watching this week. Hormuz passages are increasing according to satellite monitoring, AIS tracking, and sources on the ground. Iran is formalizing their control over the Strait and has announced it is open to Iraq as well as “e
"Bears Sound Smart, Bulls Make Money"
Timothy Treadwell spent thirteen consecutive summers living among grizzlies in Katmai National Park, Alaska. He gained a national reputation for his escapades, appearing on Letterman, founding a nonprofit, going on speaking tours, and ultimately hav
The Headlines Are a Flat Circle
Having the ability to bolster oil and bond markets, headlines are a vital instrument for the United States in their war against Iran. But the markets stopped listening to Trump last week.
OTHERS/BTC & SPY
OTHERS/BTC is one of the better risk-on indicators in crypto. I’ve done a bit of a deep dive on potential bottom signals on this chart, and I think there are many, but for now just check out how it looks compared to SPY.
Opportunity in Numismatics
Since private gold ownership was made illegal by FDR in 1933, collectible (numismatic) coins have been worth more than their melt value. Their premium was significant in the late 70’s, being worth 2-3x the value of the gold they were made of.
Complacency
SPY’s on balance volume is back to the 2021 high. The price during that 2021 high was $480. The price now is $657. Despite on balance volume fully retracing, the price is still nearly 40% higher. Major divergence.
General Revelation
Phone Addiction
Books are a perfect example of what I’ll call static media. They’re just words on a page, requiring active participation from the reader in order to use.
First Blog
Hal will not get off my lap!