RT @htsfhickey: Gundlach: “What are you waiting for? You just upgraded the economy right here,” he said, referring to Fed Chairman Kevin Warsh’s comments about a strong macroeconomic environment during the central bank’s post-decision news conference. “We’re headed to 4% handle headline CPI. The commodity index is rising in a bull market, and I don’t understand why the Fed is so reluctant to move.”
Reminder: Historically, gold does very well in a rising rate environment (think 1970s)...when the Fed is behind the curve. Today, the Fed is behind the curve. I think all those chart weenies who are now so negative on gold are going to be forced to change direction (grudgingly).
Sam Lee, speaking at the Michael Gentile luncheon today in Montreal. @NorthIsle_CG I'm to speak to Michael via video Saturday about company, other holdings of his, and markets in general.
Breaking: Michael Burry says Anthropic's IPO filing shows the whole AI boom is "catastrophically vulnerable"
Below are his reasonings:
1. Anthropic owes $537B for computer power, and pending deals could push it to $800B
2. Anthropic brings in about $65B a year, so it owes about 12x what it makes
3. Half of $537B goes to $AMZN, $GOOGL and $MSFT
4. Anthropic's sales growth slowed from 144% last quarter to 46% this quarter, while its compute costs jumped 78%
Burry says this setup works while AI keeps growing, but one slowdown could hit cause a collapse
That's insane!
Available cash on the NYSE as a % of market cap is at its lowest level in history.
Investors are essentially "all in," with leverage adding to the risk.
With interest rates this high, a mean reversion seems increasingly likely.
Definitely not an ideal time to build a long-term position at these levels.
RT @MiningWithJosh: I spoke with @PeterGrandich Yesterday… what an amazing conversation🙏🏼
His DIRE WARNING? …
It's Not IF the System Breaks, But WHEN‼️
RT @chriscbim: Long term inflation expectations are becoming unanchored to the Fed's inflation mandate.
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The Global-Macro Strategy Report@WeldonLIVE
WORK ... my latest on INFLATION !!!!
NOW embedded !!!
Combined with last week's massive in-depth breakdown of the PPI data, there is a TSUNAMI of pipeline price pressure barreling towards the CPI level ... when consumer's inflation expectations are the MOST "UNANCHORED" EVER !!!
Get BOTH reports, FREE, and a trial to my GMSR, no strings attached, no credit card numbers, no sales calls ... email (one time only) > gregweldon@weldononline.com
RT @unusual_whales: The richest Americans’ wealth has exploded since the 1970s, and the gap keeps widening, per WSJ
Real household wealth growth since 1976, adjusted for inflation:
Top 0.001%: about +3,400%
Top 0.01%: about +2,300%
Top 0.1%: about +1,250%
Top 1%: about +650%
All households: about +330%
The very richest have grown their wealth roughly 10 times faster than the typical household.
RT @macropaperr: 🚨 AMERICA'S BIGGEST ALLIES ARE STARTING TO REJECT U.S. DEBT.
U.S.-friendly nations have slashed their net purchases of long-term Treasuries by over 60%, falling to just $174.3 billion in the first eight months of 2026, the lowest for that period since 2021.
And the numbers from Asia are even more concerning.
• 🇯🇵 Japan, the largest foreign holder of U.S. Treasuries, has cut its net purchases by a massive 99%.
• 🇰🇷 South Korea dumped $23.8 billion, its biggest January–August sell-off since 1977.
• 🇹🇼 Taiwan has also become a net seller.
• 🇨🇳 China continues reducing its Treasury exposure.
Meanwhile, U.S. national debt has reached a record $40.53 trillion, and the 10-year Treasury yield has crossed 5%.
America needs more money than ever to finance its massive debt, but even its closest allies are buying far less or selling.
If this continues, Washington could be forced to pay much higher interest rates to attract buyers, making its debt even more expensive.
With $40.53 trillion already owed, the loss of demand from traditional foreign buyers could become a serious problem for the U.S. economy and global markets.
Northwestern University head football coach David Braun is the most recent prominent sports figure to spotlight the failure of legalizing commercialized sports gambling across the country:
"I’m telling you what, I got 11-year-old and 9-year-old boys at home and I am terrified of how addictive gambling is... It’s predatory. It’s messed up what’s going on. You look at 18-25 year old young men out there right now and the predatory nature of this stuff—it’s really scary."
RT @barkmeta: So let me get this straight…
Half of Europe, Taiwan, the US and the EU are all telling people to stock up on food, water and flashlights.
Japan just declared a state of emergency in cyberspace.
Iran is threatening the undersea cables that carry the internet.
And the biggest lab company in America just got hacked.
Everything is totally normal though, right?
RT @glennbeck: Every time I rang the alarm bells on the DSA, Democrats would respond with, "Oh, they're fringe. They don't represent the party."
Well, THEY DO NOW.
Mainstream Democrats are actively backing their agenda. When Eric Swalwell goes on television promising "accountability" for private businesses, law firms, and universities that cooperated with the opposition, he’s issuing a direct warning: Comply with us, or face the consequences.
And if you think this will stop at universities or corporate boardrooms, it won’t. This never stops at the top. It eventually comes for you.
Look, our Republic isn't perfect, and we have a mountain of work to do. But if you want to preserve the Constitution and save this country, you can't sit out these midterms. You have to vote, and the choice has never been clearer.
Mike Gallagher, the 8th most recognized talk radio personality, in the U.S.A., is heard by over 2.25 million listeners weekly. He compiled and wrote the following essay entitled,
"Obama: It was You."
* It was you who spoke these words at an Islamic dinner - "I am one of you."
* It was you who on ABC News referenced - "My Muslim faith."
* It was you who gave $100 million in U.S. taxpayer funds to rebuild foreign mosques.
* It was you who wrote that in the event of a conflict- "I will stand with the Muslims."
* It was you who assured the Egyptian Foreign Minister that - "I am a Muslim."
* It was you who bowed in submission before the Saudi King.
* It was you who sat for 20 years in a Liberation Theology Church condemning America and professing Marxism.
* It was you who exempted Muslims from penalties under Obamacare that the rest of us have to pay.
* It was you who purposefully omitted - "endowed by our Creator " - from your recitation of The Declaration Of Independence.
* It was you who mocked the Bible and Jesus Christ's Sermon On The Mount while repeatedly referring to the 'HOLY' Qur'an.
* It was you who traveled the Islamic world denigrating the United States Of America.
* It was you who instantly threw the support of your administration behind the building of the Ground Zero Victory mosque overlooking the hallowed crater of the World Trade Center.
* It was you who refused to attend the National Prayer Breakfast, but hastened to host an Islamic prayer breakfast at the White House
* It was you who ordered Georgetown Univ. and Notre Dame to shroud all vestiges of Jesus Christ BEFORE you would agree to go there to speak, but in contrast, you have NEVER requested the mosques you have visited to adjust their decor.
* It was you who appointed anti-Christian fanatics to your Czar Corps.
* It was you who appointed rabid Islamists to Homeland Security.
* It was you who said that NASA's "foremost mission" was an outreach to Muslim communities.
* It was you who as an Illinois Senator was the ONLY individual who would speak in favor of infanticide.
* It was you who was the first President not to give a Christmas Greeting from the White House, and went so far as to hang
photos of Chairman Mao on the White House tree.
* It was you who curtailed the military tribunals of all Islamic terrorists.
* It was you who refused to condemn the Ft. Hood killer as an Islamic terrorist.
* It is you who has refused to speak-out concerning the horrific executions of women throughout the Muslim culture,
but yet, have submitted Arizona to the UN for investigation of hypothetical human-rights abuses.
* It was you who when queried in India refused to acknowledge the true extent of radical global Jihadists, and instead
profusely praised Islam in a country that is 82% Hindu and the victim of numerous Islamic terrorists assaults.
* It was you who funneled $900 Million in U.S. taxpayer dollars to Hamas.
* It was you who ordered the United States Postal Service to honor the MUSLIM holiday with a new commemorative stamp.
* It was you who directed our UK Embassy to conduct outreach to help "empower" the British Muslim community.
* It was you who funded mandatory Arabic language and culture studies in Grammar schools across our country.
* It is you who follows the Muslim custom of not wearing any form of jewelry during Ramadan.
* It is you who departs for Hawaii over the Christmas season so as to avoid past criticism for NOT participating in seasonal
White House religious events.
* It was you who was uncharacteristically quick to join the chorus of the Muslim Brotherhood to depose Egypt's Hosni Mubarak, formerly America's strongest ally in North Africa; but, remain muted in your non-response to the Brotherhood
led slaughter of Egyptian Christians.
* It was you who appointed your chief adviser, Valerie Jarrett, an Iranian, who is a member of the Muslim Sisterhood, an off-shoot of the Muslim Brotherhood. It was you the whole time who ushered in this mess were in
RT @WeldonLIVE: WORK ... my latest on INFLATION !!!!
NOW embedded !!!
Combined with last week's massive in-depth breakdown of the PPI data, there is a TSUNAMI of pipeline price pressure barreling towards the CPI level ... when consumer's inflation expectations are the MOST "UNANCHORED" EVER !!!
Get BOTH reports, FREE, and a trial to my GMSR, no strings attached, no credit card numbers, no sales calls ... email (one time only) > gregweldon@weldononline.com
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Breaking: Michael Burry says Anthropic's IPO filing shows the whole AI boom is "catastrophically vulnerable"
Below are his reasonings:
1. Anthropic owes $537B for computer power, and pending deals could push it to $800B
2. Anthropic brings in about $65B a year, so it owes about 12x what it makes
3. Half of $537B goes to $AMZN, $GOOGL and $MSFT
4. Anthropic's sales growth slowed from 144% last quarter to 46% this quarter, while its compute costs jumped 78%
Burry says this setup works while AI keeps growing, but one slowdown could hit cause a collapse
That's insane!
Available cash on the NYSE as a % of market cap is at its lowest level in history.
Investors are essentially "all in," with leverage adding to the risk.
With interest rates this high, a mean reversion seems increasingly likely.
Definitely not an ideal time to build a long-term position at these levels.
Northwestern University head football coach David Braun is the most recent prominent sports figure to spotlight the failure of legalizing commercialized sports gambling across the country:
"I’m telling you what, I got 11-year-old and 9-year-old boys at home and I am terrified of how addictive gambling is... It’s predatory. It’s messed up what’s going on. You look at 18-25 year old young men out there right now and the predatory nature of this stuff—it’s really scary."
Mike Gallagher, the 8th most recognized talk radio personality, in the U.S.A., is heard by over 2.25 million listeners weekly. He compiled and wrote the following essay entitled,
"Obama: It was You."
* It was you who spoke these words at an Islamic dinner - "I am one of you."
* It was you who on ABC News referenced - "My Muslim faith."
* It was you who gave $100 million in U.S. taxpayer funds to rebuild foreign mosques.
* It was you who wrote that in the event of a conflict- "I will stand with the Muslims."
* It was you who assured the Egyptian Foreign Minister that - "I am a Muslim."
* It was you who bowed in submission before the Saudi King.
* It was you who sat for 20 years in a Liberation Theology Church condemning America and professing Marxism.
* It was you who exempted Muslims from penalties under Obamacare that the rest of us have to pay.
* It was you who purposefully omitted - "endowed by our Creator " - from your recitation of The Declaration Of Independence.
* It was you who mocked the Bible and Jesus Christ's Sermon On The Mount while repeatedly referring to the 'HOLY' Qur'an.
* It was you who traveled the Islamic world denigrating the United States Of America.
* It was you who instantly threw the support of your administration behind the building of the Ground Zero Victory mosque overlooking the hallowed crater of the World Trade Center.
* It was you who refused to attend the National Prayer Breakfast, but hastened to host an Islamic prayer breakfast at the White House
* It was you who ordered Georgetown Univ. and Notre Dame to shroud all vestiges of Jesus Christ BEFORE you would agree to go there to speak, but in contrast, you have NEVER requested the mosques you have visited to adjust their decor.
* It was you who appointed anti-Christian fanatics to your Czar Corps.
* It was you who appointed rabid Islamists to Homeland Security.
* It was you who said that NASA's "foremost mission" was an outreach to Muslim communities.
* It was you who as an Illinois Senator was the ONLY individual who would speak in favor of infanticide.
* It was you who was the first President not to give a Christmas Greeting from the White House, and went so far as to hang
photos of Chairman Mao on the White House tree.
* It was you who curtailed the military tribunals of all Islamic terrorists.
* It was you who refused to condemn the Ft. Hood killer as an Islamic terrorist.
* It is you who has refused to speak-out concerning the horrific executions of women throughout the Muslim culture,
but yet, have submitted Arizona to the UN for investigation of hypothetical human-rights abuses.
* It was you who when queried in India refused to acknowledge the true extent of radical global Jihadists, and instead
profusely praised Islam in a country that is 82% Hindu and the victim of numerous Islamic terrorists assaults.
* It was you who funneled $900 Million in U.S. taxpayer dollars to Hamas.
* It was you who ordered the United States Postal Service to honor the MUSLIM holiday with a new commemorative stamp.
* It was you who directed our UK Embassy to conduct outreach to help "empower" the British Muslim community.
* It was you who funded mandatory Arabic language and culture studies in Grammar schools across our country.
* It is you who follows the Muslim custom of not wearing any form of jewelry during Ramadan.
* It is you who departs for Hawaii over the Christmas season so as to avoid past criticism for NOT participating in seasonal
White House religious events.
* It was you who was uncharacteristically quick to join the chorus of the Muslim Brotherhood to depose Egypt's Hosni Mubarak, formerly America's strongest ally in North Africa; but, remain muted in your non-response to the Brotherhood
led slaughter of Egyptian Christians.
* It was you who appointed your chief adviser, Valerie Jarrett, an Iranian, who is a member of the Muslim Sisterhood, an off-shoot of the Muslim Brotherhood. It was you the whole time who ushered in this mess were in
