JPM

@ctindale @EliotJacobson @DavidUllrich202 Wise words Craig

A Hormuz closure is not an environmental correction. It is a systems shock. The same hydrocarbons people want to see constrained sit inside fertilizer, petrochemicals, freight, grid stability, mining, water treatment, medical plastics, and the industrial base that keeps large populations fed and cities functioning. Cut that corridor you get a violent repricing of survival. Fuel inflation becomes fertilizer inflation, fertilizer inflation becomes food inflation, and food inflation becomes political breakdown. Blackouts, hunger, state rationing, emergency coal burn, dirty fuel substitution, war-risk shipping, and militarised supply routes are not wins for the biosphere. They are what happens when a tightly coupled civilization loses one of its key arteries. The result will be more ecologically destructive behavior under crisis conditions, not less. open.substack.com/pub/ctindale/p…

The closure of the Strait of Hormuz has the potential to drive global famine, collapse first-world economies and cause suffering among populations worldwide. Do you think the closure will ultimately be a net benefit to the biosphere, the environment and life on our planet?

@John_Hempton Related?

Only a year ago Clayton Larcombe’s Pacific Partners was an AI powerhouse reshaping venture capital in the Middle East and beyond. Today liquidators have been appointed, Clayton's Bellevue Hill and Southern Highland properties (70m worth) are mortgagee sales and he has been charged with assault. It is a good story... ceo-middleeast.com/ceo/business/c…

@KingKong9888 Wow, amazing. Love watching this all unfold.

Just yesterday a number of “people” piled into my threads to assure me that Iran is not actively pursuing Chinese yuan (RMB) settlements for its oil shipments transiting the Strait of Hormuz. For the past four years running, I’ve been repeatedly told by various “people” that China has never purchased Iranian oil in RMB yuan.

@DaveSharma @cjoye Little Johnny Howard committed us last time under false pretences. Australians have disdain for American warmongers.

Why is Australia refusing to condemn Iran for closing the Strait of Hormuz? Canada, New Zealand, Korea, Japan, Denmark, Norway, Finland have all signed up to condemning Iran’s actions and reaffirming freedom of navigation in the Strait. Why is Australia is totally absent?

@Codie_Sanchez Why say that out loud?

The curse of being smart... You see the game everyone else is playing. And you still have to act like you don’t.

@DebraG_Robins Tonkin must go now. Too many stuff ups

$NST so disappointing

@ash_twtz Robot mechanic

@Filapek Webjet

Wanna play a game? We'll call it financial market whack-a-mole. Let's go out and find the next future AI victim. #XJO #equities #investing #stocks

@jsblokland @DebraG_Robins Hard for advisers to clip the ticket on bullion

Astonishing! Global family offices have allocated just 0,9% of their portfolios to gold! Instead, they allocate a third to private equity and other illiquid stuff because the marketing machines working for private assets have proven very effective.

@DebraG_Robins I think you need to check on Barry @DawesPoints Debra

LBMA

@BobEUnlimited Hard to clip the ticket on gold

US households are up to their eyeballs in stocks and hold no gold despite gold outperforming stocks on a 1yr, 3yr, 5yr, 10yr, and 20yr timeframe.

@ctindale Another excellent piece, thank you!.

@ctindale Congratulations Craig. It is an excellent piece.

Yours truly causing “frisson” in the White House

@binance Death spiral

Pitch me your best crypto advice in 2 words.

@DebraG_Robins Tbh it hasn't had a good announcement in 2 years

Either $NST shorts know something or they are about to carted out on a stretcher - 3 year high in shorts

@NRLonNine do Joey Johns and Phil Gould ever stop whinging!?! They are so tedious. Can't watch this anymore.