First Squawk
@FirstSquawk
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19h
RUSSIA’S PUTIN, CHINA’S XI AND THE U.S.’S TRUMP MAY HOLD TRILATERAL TALKS AT THE APEC SUMMIT – VESTI
Better talk talk than war war
This trend is not your friend
The Kobeissi Letter
@KobeissiLetter
BREAKING: Global broad money supply surged +$10.7 trillion YoY in June, or +7.7%, to a record $150 trillion.
This marks the 9th consecutive YoY increase above +7.0%, the longest such streak since 2021.
The biggest increase over this period was recorded in February 2026, at +11.9%.
Since 2000, global money supply has risen +$124 trillion, a +6.9% compounded annual growth rate over this period.
Since 2020 alone, money supply has surged +$50 trillion, or +50%, equivalent to an average increase of ~$7.5 trillion per year.
Global money creation is expanding at a historic pace.
I don’t blame them
Willem Middelkoop
@wmiddelkoop
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34m
It’s Official:
Dutch National Bank repatriates another 40% from the Federal Reserve vaults in New York
64% of the gold held in the US (before 2014) has now been moved out of the US
To have men in general be feminine, snowflake types who need safe spaces
from time to time makes it easy for those who would abuse their power.
Ipso, ferret
Ipso – could be, I don’t know either…and thanks
ferret – yep, key words – this realm
s’funny you should mention that.
I was discussing a similar thing with some mates last night. Boys/men need some risk in life. It’s what makes us men. I can easily see my boys doing the same sort of thing, risky, exploring, might get caught; but work out the risks, plan your entry and exit points, start with a short run, and so on. Seeing the perplexion on TV that you’ve caused is a bonus!
It is very difficult to be adventurous today because technology and bureaucracy have taken away the risk, and thus the exhiliration.
Buygold
I don’t know if NYC will be attacked or not but I think the men going into the sewers there are probably … urban explorers. The young people there have no adventure-no testing themselves. They are exploring the forbidden sewers, it’s like a quest or something. We’ll probably see some of it on Tik-Tok later on.
At least I’m hoping that’s the case!
PS Good luck with your stock moves! Nothing wrong with taking a break or getting out if you don’t feel right.
Maddog
“Brussels Eyes Private Savings as Public Money Runs Out”
All I can say is VORACIOUS. There is no limit to what they’ll try to take.
Buygold, second para.
Definitely to everything. Trying to prepare for everything that could happen (that is, everything that has already started to happen) in this realm is impossible. So focus on the next.
Deer79
I dumped my pm shares today, at least the ones that were worth more than a penny. I have a few of those. I have some small profit left on the year and am not going to ride this down again for the 200th time. I have so little anymore dollar-wise that it’s pretty insignificant. It was less of a money thing than it was a mental health break. I’ve wasted so much time and energy on them over the years; I just don’t want to do it anymore. Maybe I’ll buy back at higher prices later, maybe not. I just don’t want to waste another minute of my life watching them fleece me. It has never been worth it. The rest is in physical, and while watching that sucks too, it will be left to my kids when/if we get to that point.
Thinking about a Sovereign Debt Crisis. I really wonder if that’s the greatest threat we face. I think the country (and world) is hurtling toward a convergence of events that will render everything we value unimportant. The only thing I want to focus on from this point on is my spiritual condition. There’s a lot of work to be done there. 🙂
This girl is nails IMHO.
Don, ahhh, riiiight!
The Russians have sent three faulty drones to attack Leipzig. I bet Z wishes he could get so lucky. Sounds like a false flag at half mast.
ferrett
“Banksy”
I hadn’t thought of that but now that you mention it … 🙂
Russia was responsible for last month’s drone attack in Germany….
Germany has said Russia was responsible for last month’s drone attack at Leipzig’s airport.
A drone carrying an explosive device was discovered at Leipzig/Halle Airport in eastern Germany, close to Ukrainian cargo planes, on 4 August.
It failed to explode as the detonator was apparently faulty, and investigators suspect a second drone collided with a cargo aircraft nearby. A third drone was reportedly found near the airport 10 days later.
deer, I know, same old same old.
But surely Bessent has proved the ‘vigilantes” point? If they have forced him to buy back, they are having an effect?; and now they’ve dumped their toxic waste they are free to go of and do what they like. Which won’t be buying new bonds.
The National Debt thing was taught in schools at least sixty years ago, and therefore much longer I’m sure. That it is a good thing, enabling the government to borrow cheaply, can easily be paid back as the economy expands, the interest rate is cheap because it’s the government doing the borrowing etc. etc. So it is ingrained in the British psyche, the National Debt (always with Capital Letters) is something we should be proud of.
I never bought it. Every extra £ of interest is another £ of tax required.
Maddog, she’ll have to be quick.
https://www.zerohedge.com/markets/germany-preparing-unveil-wealth-tax
Or there won’t be anything left to confiscate.
She must think assume the banks do nothing with the money.
Why are all those business leaders wasting their time fawning to such an anti-business creature? They are just feeding its ego, filling a stadium like that.
ipso, is “little Susie” a banksy?
How many more times
do we have to watch the same playbook being played out?? I’m sick and tired about hearing about the “bond vigilantes.” Bessent has already said that doubling of their debt buybacks makes the bond vigilantes null and void.
And I have to believe that the Fed and the BLS have already “cooked up” a perfectly weak jobs number that will, ONCE AGAIN, assuage inflation fears, stocks can go back up, and the boot on the neck of the metals will be eased off.
It’s like watching The Wizard of Oz for the 200th time, expecting a different ending.
I can almost bet
That as we get closer to the end of the year the number that went from 40 something to 60 something that the Fed will raise interest rates interest rates expectations will keep going up. Might be a temp short opportunity.
Hey Ipso
Yeah, the silver shares especially are holding up pretty well. Silver back above $65.
The QQQ’s have recovered half their losses.
There’s still some hope despite the dollar. 😉
Buygold
Electronic devices have sure become an efficient purveyor of propaganda! Just look at all the people who believe what their TV tells them and never miss the nightly news. We’re all going to pay for that!
Quite a war going on between reality and what people are told by the MSM!
We still have a lot of the day left, we may still recover.