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Surfer Observer
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Surfer Observer
@SurferObserver
David, un grand gaillard, la cinquantaine (if only!), est venu d'Angleterre... L'Aisne Nouvelle, 13/7/2019 Frexiteer et Brexiteer! Happily married.
加入时间 Haziran 2009
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HOLY MOLY! It's been confirmed that Argentina's GDP grew by 4.4% in 2025, after decades of economic destruction caused by socialist policies.
When Milei took over, nearly 20 million people lived in poverty; today, 5.5 million have been lifted out of it. Extreme poverty alleviation is even better. Over 2.2 million people have been lifted out of that category, from about 5.5 million when Milei took over, down to roughly 3.3 million now.
It turns out that when the government stops giving people welfare, they figure things out and become more productive. It turns out that when you terminate rent control laws, you actually end up with more supply and lower rent prices. Who would've thought?
The usual suspects will undermine this by bringing up the fact that Argentina got a bailout from the United States with the $20 billion currency swap. (1) That has nothing to do with their economic comeback, and (2) The United States is the uncontested hegemon of the Western Hemisphere; it's absolutely our responsibility to make sure our allies are supported. Argentina's currency needed a little help, and we came through for them. The reason the peso got dumped in the first place was that investors thought Milei's party was going to lose the midterms. The currency support program was temporary, and Argentina already paid it all back in full (they only used $2.5 billion). It also generated profit for the U.S. Treasury. It was excellent business by Scott Bessent and Luis Caputo.
Congratulations to Argentina for choosing rugged individualism over the destruction of collectivism.

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Labour MPs are turning on Ed Miliband to reverse his ban on new oil drilling in the North Sea in response to the supply chain & energy price shocks from the Iran war. It’s time for UK governments to put domestic production and supply of energy and food first and with less reliance on imported goods. The Iran war crisis has exposed Britain’s reliance on imports - which puts the country at risk during a global supply chain crisis. It’s time to grow, drill, manufacture and produce British. It’s time for a Great British production and industry revolution.

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Ed Miliband has a cult-like conviction in his own climate ideology.
He is incapable of admitting that he is wrong – even with mountains of evidence stacking up against him.
As the world gets more dangerous, his anti-North Sea fanaticism is making Britain weaker and poorer.
Unfortunately, as more and more people sound the alarm, Miliband only becomes more convinced by his own righteousness.
Today, the Conservatives will force a vote in Parliament calling for the emergency approval of the Rosebank and Jackdaw oil and gas fields in the North Sea – two fields that could be up and running by the end of the year.
Turning our backs on domestic gas that could heat millions of homes would be madness in normal times, but it is sheer lunacy in the midst of a gas supply crisis.
In government, I legislated to protect North Sea oil and gas licences and I approved Rosebank, even though I was told it would have put my own personal security at risk from climate extremists.
It was controversial at the time, but to say times have changed would be an understatement.
From the wind lobbyists at RenewableUK to the chair of Great British Energy - Miliband’s “clean energy” propaganda outfit - the head honchos of the green lobby say we should drill.
The great and good of the Labour Left, from the Tony Blair Institute to the unions and Ed Balls, say so, too.
The relative geopolitical stability we have had for most of my adult life is not something we can bank on in the years ahead.
We need to pass on a country to the next generation that is strong and prosperous. That means making economic decisions based on rationality, not ideology.
The North Sea is a blessing for our economy. When gilt markets are charging you a premium because they think we’re borrowing too much and earning too little, it is incumbent on the Exchequer to make the most of all growth opportunities we have.
It is a blessing for our energy security, with the gas making up half of our domestic supply.
But it is also a blessing for our environment, as the North Sea is much cleaner than importing LNG from abroad.
However, for Miliband to admit this would expose the intellectual fraud at the heart of our net zero climate policy.
Miliband’s agenda rests on the absurdity that carbon emissions only matter if they happen domestically. It incentivises the replacement of British industry with dirtier imports from abroad.
The fact that North Sea gas displaces dirtier LNG doesn’t matter to our climate bean counters because foreign LNG imports aren’t counted in our domestic emissions targets.
This is Net Zero irrationality in a nutshell.
Fewer jobs in Britain for more carbon in the atmosphere – and yet to the religiously fervent, they will argue that this is Britain’s example of climate success.
This is fantasy thinking we cannot afford.
We must fast-track Rosebank and Jackdaw and lift the onerous bans and taxes on the North Sea to back Britain’s energy security.
Kemi Badenoch knows it and Keir Starmer knows it. Unfortunately, so far, only one of them has had the courage to say so.

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Britain is sucking the life out of me, and I know I’m not the only one.
We’ve got a Prime Minister with the charisma of a wet sock. I’d rather have my teeth drilled without anaesthetic than listen to that voice for thirty seconds.
He’s the only politician I’ve ever had to mute on here, and I’d keep him muted even if he announced tomorrow that he was wiring me a billion pounds on the sole condition that I listen to him say make the announcement.
This country has gifted the world an evolutionary accident. The man looks like evolution started turning bacteria into a human being, got bored halfway through, shrugged, and said “good enough".
Meet the Toolmaker’s Son, now running Great Britain.
The fact that this is the bloke in charge is genuinely one of the saddest stories in modern political history. I’d happily shit in my hands and clap like a circus seal if it meant bringing back literally any of his predecessors.
Enough, I beg you, enough.
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One of the biggest climate scare stories is sea level rise, sold as proof of a looming catastrophe.
But the data do not support this.
As per climatologist Dr John Christy, "Sea levels rose about 12.5 cm per decade for 8,000 years. Then it levelled off and now it's rising only about 2.5 cm per decade."
That's five times slower than the natural rise after the last ice age. And in the most recent records, there's been no acceleration in the past 145 years.
There is no crisis.
No acceleration.
And no reason for the hysteria.
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This is how many alarms I need to wake up on a Monday! JK. A fantastic view of RAF Tornados bristling with ALARM SEAD missiles - UK’s equivalent to the U.S. HARM. Developed in the '80s, the ALARM had a unique edge over other anti-radiation missiles (ARMs): while most ARMs lose their target if the enemy radar switches off, the ALARM was designed with a loiter (yup, it was a loitering munition way before they became popular). In this mode, an ALARM would climb to 40,000 ft, deploy a small parachute, and literally hang in the sky waiting for the enemy to slip up. The moment that radar flickered back on, the missile would jettison the chute, fire a secondary motor, and strike from directly above! A true hunter-killer.
Okay #avgeek, seeing that we're talking about ALARM, and it's a Monday, hit me with your best ALARM-related joke or wordplay...

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WHAT are you WAITING for MILIBAND ‼️
It's almost like you WANT the UK to suffer .....
@Ed_Miliband
Harriet Cross MP@HarrietCross_MP
To those saying it will take years to get new oil & gas out the North Sea… It won’t. 👉 Jackdaw - can be producing gas in 3 months. 👉 Rosebank - can be producing oil in the autumn. Miliband just needs to approve them. Everyday he waits, the further away this supply gets.
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GOLD & SILVER CRASHING NOW: SWISS TOP MANAGER REVEALS THE FINAL MANIPULATION BEFORE THE EXPLOSION
Dieter Lüscher from Premium Strategy Partners AG is one of Switzerland’s most decorated wealth managers. Multiple times named best in the conservative risk class after managing ultra-high-net-worth clients at a major Swiss bank. In his latest interview he cuts through the noise and delivers a crystal-clear warning on gold and silver right now. What he says will stop you mid-scroll.
THE QUARTER-END TRAP EXPOSED
➡️ Commercial banks and shorts still hold massive positions and options expiring in just nine days.
➡️ Their only goal is to push gold and silver as low as possible so those options expire worthless and they pocket maximum profit.
➡️ This exact game has run for fifteen years but Dieter says we are now in the endgame.
THE LOW IS COMING FAST
➡️ The bottom in precious metals arrives in the next few days, maybe already today.
➡️ Even with war escalating daily the price action is purely technical, driven by futures and option expiry.
➡️ Once that window closes the structural bid returns with force.
THE ASIA POWER SHIFT ACCELERATES
➡️ India just announced that from April 1 gold and silver ETFs will price at the local Indian spot, not LBMA.
➡️ China is openly pushing yuan-denominated gold pricing and demanding it gains importance.
➡️ COMEX inventories are plunging while Shanghai Gold Exchange official stocks sit at just 600 tonnes.
THE PHYSICAL DEMAND REALITY
➡️ Silver supply is turning chaotic with mines shipping directly to producers, bypassing exchanges entirely.
➡️ Physical metal carries zero counterparty risk, exactly what investors and nations now demand.
➡️ Wars and exploding debt force massive new money printing that only gold and silver can truly absorb.
THE BOTTOM LINE
Dieter’s message is simple and urgent: this engineered dip is the final gift before the real bull market resumes and pricing power permanently shifts east. Buy the physical metal now while the manipulators still control the paper price.
HT: YouTube Rohstoff Investor
#GoldSilver #GoldLow #SilverShortage #COMEXDrain #IndiaGold #YuanPricing #PreciousMetalsBull
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