The silver/gold ratio has climbed almost as much as it did in the late 1970s, and today’s dramatic moves show that might have marked a rejection point...

Trump has "put questions around Fed independence largely to bed"...

AI's inference phase may be more power intensive than originally thought...

New rules tied to the phase-out of paper checks could delay refunds unless taxpayers provide or correct direct deposit details...

Cuba "will be failing pretty soon"... 

BTC is a shitty VIX hedge.

“We had dozens of American deaths where YOU DIDN’T SAY SH*T...”

Thompson suffered multiple gunshot wounds...

It’s hard to know how much capital was chasing the trade purely on the belief that Fed credibility was under threat...

"we wouldn’t say that the debasement trade or diversification from the US have now stopped" - Rabobank

Iran FM: "We need to see the conditions & the agenda first."

"...I fear losing my dignity more than I fear losing my life. Something you coward losers will never understand. So fuck off."

"We want to end the war and we are ready..."

...driven by surging Services costs (not tariff'd Goods).

“We advise against overdoing the Warsh hawkish trade across asset markets, and even see some risk of a whipsaw. We see Warsh as a pragmatist, not an ideological hawk in the tradition of the independent conservative central banker.”

"I have known Kevin for a long period of time, and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best. "

"Nvidia treated DeepSeek accordingly - as a legitimate commercial partner..." 

White House touting huge win for Panama's taxpayers & for America...

They may be proven right: after all, Warsh “never lets you down,” in President Trump’s own words...

...but European investors seem unperturbed (and clearly not offended enough to start selling US assets)...