Recon3x
16.8K posts


Iran's secret nuke confession blows reasons for America's war wide open trib.al/GsHpXdW
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I’ve spent a decade telling people to do what I do: "Buy and Hold."
Now I've decided to list my entire real estate portfolio for sale and walk away.
It started slow. The bills, the maintenance, the tax increases... but the final straw was when I tried to develop an ADU to do exactly what the city of LA claims it wants investors like me to do: Create more housing. You'd think they'd make it easier, but after two delayed inspections, a sewer pipe replacement that needed 75 days advance notice, and a city-owned tree that became my responsibility, I'd had enough.
The identity of being a real-estate guy is very hard to walk away from, trust me. For a long time, I stayed just because real estate was my "thing." It’s how I started. It’s what I’m known for. It led to every good thing in my life. But that blinded me to the fact that just because something served me in the past, it doesn't mean things haven't changed in the present.
The reality of 2026 finally stripped the emotion away. My LA rentals are netting about 4-5% after the constant background noise of taxes, insurance spikes, and repairs. Meanwhile, a risk-free Treasury pays 5%. The trade-off just doesn't make sense any more.
I’m reallocating to a liquid portfolio that actually lets me focus on the work I love. I published a deep dive on my Substack about the ADU nightmare that broke my patience, the exact numbers behind the exit, and where I’m moving the money next to buy back my sanity.
I'll drop the link here in a bit.

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Bitcoin is vOLiTale!
Okay... so far in 2026
- Silver dropped 31% in ONE DAY!
Volatility over 100% this year.
- Gold had multiple 10%+ drops.
Volatility over 46% this year.
- Natural Gas surged 170% in just one week.
- Oil went from $55 to $120 and currently
back down to $92. A meme coin!
Bitcoin's fiat swings have been LESS volatile than all of these.
There's no single day or weekly explosion up or down like these other traditional commodities.
Bitcoin has shown up as a solid safety net during these macro and geopolitical swings.
It's been more of a prolonged correction.
Terence Michael@ProofOfMoney
For the first time in human history we can accurately MEASURE value. We've never had this... before Bitcoin! Share these 465 floating seconds with pre-coiners who enjoy loud music and an excessive use of editing effects (to bring them to Bitcoin❤️)
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"If America produces more oil than anyone, why is gas four dollars?"
Great question. Allow me to ruin the comforting idea that "the oil industry" is one big thing that could simply decide to give you cheaper gas if it wanted to.
What most people don't know is that "the oil industry" is in fact three completely different businesses between the ground and your gas tank:
1) The drilling company pulls crude oil out of the earth.
2) The refinery, which is a DIFFERENT company, buys that crude from the driller and cooks it into gasoline.
3) The gas station buys that gasoline from the refinery and sells it to you.
Three separate businesses, three markups. Each one passing the cost to the next guy in line.
When global oil prices spike, the driller charges more because crude always trades at *global* prices. The refinery then has to pay more for that crude. The gas station pays more for that gasoline. You pay more at the pump. That is the chain, and you are at the end of it.
Now, there's a silver lining to this. That chain is also pouring money into the American economy at a scale that is hard to overstate.
Eleven million jobs. Not just roughnecks. Truck drivers, welders, engineers, port workers, accountants, you name it. We're talking about Two trillion dollars in GDP, which is roughly 8% of the entire American economy. Five hundred and seventy billion in taxes in a single year. That goes to schools, hospitals, roads, fire departments and more.
And every barrel sold to Japan or Germany or South Korea is a barrel that USED to be sold by Saudi Arabia or Russia or Iran. That money used to leave America. Now it comes in.
Four dollars a gallon hurts. But the money is not vanishing into the atmosphere. It is cycling through American towns, American jobs, and American tax revenue.
And the countries buying American crude now depend on Washington, not Moscow and much less Tehran.
American oil is no longer just a product. It has become a bond between countries.
The pain is real, but will be temporary.

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