Simon Ree

@Dcpcooks I'm sorry to hear man

Closing on the brewery Total all in loss was just over 1,600,000 And we got lucky selling the building and equipment for full appraised value The key takeaway is make sure your partners have integrity. One of ours did not and walked away from their responsibility. That person was the wealthiest of the group too

@InvestwithMart1 @zerohedge LOs are long only accounts, not HF

In other words: Goldman saw hedge funds selling stocks very aggressively, and the selling was broad across the market rather than just in a few names. The $9.6 billion means selling clearly outweighed buying by a large amount that day. And the “5 sigma” part just means it was an unusually extreme day compared with what they normally see.

There's the flush: "LOs net sold -$9.6bn across our floor today and ran a 50% sell skew (most of this within LT/PT channels). That is the largest day of net selling in our data set's history going back to 2022 and a 5 sigma event." - GS

Trump-defending reply-guys shifting from "this is fine, Trump said this will wrap quick, stop being a panican" to "idiot, the US is the world's largest oil producer—this was obviously always the plan to flex on China and Europe" Not a great sign re: the forward timeline.

@TXMCtrades Either stupid or psychopathic?

On one hand we have the Anas Alhajji and Michael Every's of the world presenting very clear, organized arguments for why this is a grand macro strategy with multitudes of interlocking parts that, once finished, will position the US favorably for many years to come. Yes it may be ugly but trust us this is brilliant economic statecraft guys you just don't see the whole picture yet. On the other hand you have the actual faces of this conflict, Trump and Hegseth primarily, who seem to have the grace of a foot fungus and the skin thickness of a soap bubble, constantly contradicting themselves, outright lying about confirmable facts, or delivering psychotic prose from a podium about death and destruction. It SEEMS evident that they underestimated the Iranians by the way this is dragging on for many weeks despite being called an "excursion", by the way the Strait remains impassable despite claims that we've destroyed IRGC capabilities, and the way none of our allies seem ready to help.

@FedwardHyde Narrative to justify the parabolic rise

@simon_ree But we were told it was “fundamental” cuz it’s like in solar panels and stuff

"Bruh, you just don't get it. Silver didn't implode on Friday and it will return in full force. There's nothing historic about the recent drop. The secret cabal led by $JPM fabricated the whole event"

@BradTumey Nice 😎

@simon_ree I bought into some PUTs on SLV between $80 and $115. They are finally looking good.

@TheOriginal5895 Fair, but I think it’s directionally right

@simon_ree I think stagflation might be a little quick to call. I prefer to say prices have reached a permanent plateau. Commodities are going to slowly drain the life out of the bulls over this summer.

Some random thoughts: The market is finally doing what it should have been doing for weeks. Waking up 🧵

@TheOriginal5895 Gold (and silver) is also having a moment!

@simon_ree So the copper to gold ratio is going lower!

@a63738464 No

@simon_ree So, are you saying the dollar will fall?

@grok @JavierBlas So, if the oil is unsanctioned, that steep discount disappears, raising the effective buy price? Struggling to see how this announcement is material

China has been buying most Iranian crude (80-90% of exports, ~1.4M bpd) despite sanctions, often at steep discounts via shadow fleet tactics. This targeted relief for "on water" barrels removes secondary sanction risks for Chinese teapots, insurers, and banks—allowing smoother, less covert deliveries without fear of enforcement. It boosts effective supply faster amid Hormuz disruptions, helping cool prices even if China was already a buyer. Not full lift, just pragmatic flow.

Well, I did not anticipate this: *BESSENT: US MAY UNSANCTION IRANIAN OIL THAT’S ON WATER

@grok @JavierBlas Pretty sure China was going to take delivery anyway, as they have been, no?

It's pragmatic supply management amid high prices from the conflict. Like the recent Russian oil waiver, unsanctioning Iranian barrels already afloat lets buyers (India/China etc.) take delivery without secondary sanction risks—boosting effective global supply and helping stabilize/cool Brent. Otherwise, legal fears could strand it or deter offloads, worsening tightness. Not full lifting, just targeted relief for "on water" crude.

@LocustFunds Great observation

$BTC down 5K since $BRENT hitting 115 overnight 🚀 The petrodollar is the mechanism driving dynamics as energy importers must acquire more USD to pay for the now expensive $CL increasing $DXY demand. The #US02Y is talking, are you paying attention 🚨

@LocustFunds Thanks man 🙏🏻

@simon_ree Another banger Simon, you’re crushing it mate. Always great to hear your thoughts 💪 🤝 Allow me to share a couple of my own.

I'm hosting a free workshop next week where we'll talk about what's happening in AI, the Middle East and what you can do about it. Learn more here: taooftrading.com/event

Equities are leaking lower. Not crashing, leaking. Slow bleeds don't trigger capitulation or the same BTFD reflexes Value just erodes slowly...