“Buy the Rumor, Sell the News” – Naty Gas Feb23 Futures

Winter intensifying in Europe as polar vortex temperatures are already -20C below average. More broadly, rapid warming in the stratosphere. Sudden stratospheric warming usually leads to 30-60 days of cold across the Northern Hemisphere. Zonal winds appear primed to unwind from the stratosphere, top-down. With that in mind, check out the dropping prices. “Target-rich environment”?Continue reading ““Buy the Rumor, Sell the News” – Naty Gas Feb23 Futures”

 “Monastyrsky sleeps with the fishes”

Having grown up in Joey Gallo’s neighborhood (https://en.wikipedia.org/wiki/Joe_Gallo), within mortar range of Carlo Gambino’s “casa”, you get a sense of a sanctioned hit. Larry Johnson seems to have the same “gestalt” about these things: https://sonar21.com/are-the-ukrainian-political-elite-starting-to-eat-each-other/ ********** ARE THE UKRAINIAN POLITICAL ELITE STARTING TO EAT EACH OTHER? 18 January 2023 by Larry Johnson You know that happy feelingContinue reading ” “Monastyrsky sleeps with the fishes””

Violation of the Espionage Act (18 USC 793) or Tax Scam or Both?

Violation of the Espionage Act? Here’s the Espionage Act: https://www.law.cornell.edu/uscode/text/18/793 Some operative language: (e) Whoever having unauthorized possession of, access to, or control over any document, writing, code book, signal book, sketch, photograph, photographic negative, blueprint, plan, map, model, instrument, appliance, or note relating to the national defense, or information relating to the national defenseContinue reading “Violation of the Espionage Act (18 USC 793) or Tax Scam or Both?”

An Epic Japanese Bomb Ticking

Alex Krainer: https://alexkrainer.substack.com/p/japans-economy-the-worlds-ticking?publication_id=1063805&post_id=97572798&isFreemail=true In Ernest Hemingway’s 1926 novel The Sun Also Rises, Bill asks Mike, “How did you go bankrupt?” “Two ways,” Mike said. “Gradually and then suddenly.” Hemingway succinctly conveyed the way things tend to fail. The gestation may be long: a slow, gradual compounding of headwinds, errors and missed opportunities, with failure becoming probable longContinue reading “An Epic Japanese Bomb Ticking”

It’s a Gas, Gas, Gas

The Cradle: https://thecradle.co/article-view/20403/europes-gas-emergency-a-continent-hostage-to-seller-prices ********** Europe’s gas emergency: A continent hostage to seller prices The 2022 outbreak of war between Russia and Ukraine revealed the importance of energy security in bolstering Moscow’s geopolitical power in Europe. The continent, which imported about 46 percent of its gas needs from Russia in 2021, found itself in a vulnerableContinue reading “It’s a Gas, Gas, Gas”

Der Kreditzyklus ist tot!

ZH: https://www.zerohedge.com/markets/beginning-end-credit-cycle The Beginning Of The End Of The Credit Cycle BY TYLER DURDEN TUESDAY, JAN 17, 2023 – 03:21 PM Authored by Simon White, Bloomberg macro strategist, The credit cycle is turning, which points to wider credit spreads, increasing loan-losses at banks, and rising equity volatility. Credit has exploded higher since the pandemic. But all goodContinue reading “Der Kreditzyklus ist tot!”

Wolf’s Lair 2.0

The Wolf’s Lair (German: Wolfsschanze; Polish: Wilczy Szaniec) served as Adolf Hitler‘s first Eastern Front military headquarters in World War II. The headquarters was located in the Masurian woods, near the village of Görlitz in Ostpreußen (now Gierłoż), about 8 kilometres (5 miles) east of the small East Prussian town of Rastenburg (now Kętrzyn), in present-day Poland. The central complex and the Führer‘s bunker were surrounded by three security zones guarded byContinue reading “Wolf’s Lair 2.0”

By the numbers: The de-dollarization of global trade

Central Bank USD Reserves, per IMF Per The Cradle: https://data.imf.org/?sk=E6A5F467-C14B-4AA8-9F6D-5A09EC4E62A4 ********** The imposition of US trade restrictions and sanctions against a number of nations, including Russia, Iran, Cuba, North Korea, Iraq, and Syria have been politically ineffectual and have backfired against western economies. As a result, the US dollar has been losing its role asContinue reading “By the numbers: The de-dollarization of global trade”

Polar Vortex 2.0

ZeroHedge: https://www.zerohedge.com/weather/siberia-records-minus-80-degrees-talk-polar-vortex-grows ********** Siberia Records Minus-80 Degrees As Talk Of Polar Vortex Grows BY TYLER DURDEN SATURDAY, JAN 14, 2023 – 07:35 AM Several weeks after the Christmas Arctic blast, much of the US and Europe have enjoyed record warmth. Recall on Dec. 27, we noted the cold air mass from Siberia that spread across theContinue reading “Polar Vortex 2.0”