Recent well liked threads
CARL JUNG'S METHOD FOR MAKING WISHES COME TRUE.
It Works Even For Skeptics. Practice It For 10 Days, And Something Strange Begins To Happen:
THREAD🧵
It Works Even For Skeptics. Practice It For 10 Days, And Something Strange Begins To Happen:
THREAD🧵
1-2
일본가시면 부르봉 루만도 꼭 사드세요..
글고 믹스 보단 단품이 걍 개미친놈임
일본 마트갔다가 맛잇어보이길래 집어왔는데 바루 순삭했어요 돈키에는 믹스밖에없어서 너무너무너무너무너무너무너무 아쉬웠고요
한국에서 살라니까 가격 2배 ㅜㅜ💦
글고 믹스 보단 단품이 걍 개미친놈임
일본 마트갔다가 맛잇어보이길래 집어왔는데 바루 순삭했어요 돈키에는 믹스밖에없어서 너무너무너무너무너무너무너무 아쉬웠고요
한국에서 살라니까 가격 2배 ㅜㅜ💦
진짜 대박사건
근데 너무비싼거아니낵오
근데 너무비싼거아니낵오
Some of yesterdays cases in the clinic. We saw 16 cases in total!
Slide 1-3) a mother and a kitten were brought to us. The mother was suffering from fleas and an ear infection, and the baby had an eye infection. We treated both of them. ❤️
Slide 4-6) this puppy was
Slide 1-3) a mother and a kitten were brought to us. The mother was suffering from fleas and an ear infection, and the baby had an eye infection. We treated both of them. ❤️
Slide 4-6) this puppy was
in an early stage of parvo, and also had fleas. Luckily we could treat him before it got worse. ❤️
Slide 7-9) this kitten was suffering from a fungal infection, which made her weak and caused hair loss. We treated her.
Slide 10-11) this puppy was brought in by our friend. He
Slide 7-9) this kitten was suffering from a fungal infection, which made her weak and caused hair loss. We treated her.
Slide 10-11) this puppy was brought in by our friend. He
was suffering from fleas and ticks, and they had caused him to be anaemic. We treated him for his bugs. 🐶
Slide 12-14) this cat was suffering from a chronic bacterial skin infection with bad discharge. We gave her the necessary treatment.
Slide 15-17) our friend brought
Slide 12-14) this cat was suffering from a chronic bacterial skin infection with bad discharge. We gave her the necessary treatment.
Slide 15-17) our friend brought
Welcome to the most asymmetric trade in modern financial history.
The thread below lays out why. The opportunity exists because capital has chased the AI trade while ignoring the physical assets AI requires to run — assets that have quietly become the best-performing asset class of the decade. Since October 2020 when we first called for the commodity super cycle: QCI Total Return +217%, GSCI Total Return +205%, Gold +140%. NASDAQ trails at +130%. S&P 500 at +85%. The top three are all commodities. Yet oil cannot get out of its own way while copper and the broader atom complex prints fresh highs . That is the dislocation. That is the trade.
Get long. Buckle in. Hang on for the ride.
Forgive the longer posts in this thread — attempting to mimic my old 10-bullet commodity takes. On to it.
The thread below lays out why. The opportunity exists because capital has chased the AI trade while ignoring the physical assets AI requires to run — assets that have quietly become the best-performing asset class of the decade. Since October 2020 when we first called for the commodity super cycle: QCI Total Return +217%, GSCI Total Return +205%, Gold +140%. NASDAQ trails at +130%. S&P 500 at +85%. The top three are all commodities. Yet oil cannot get out of its own way while copper and the broader atom complex prints fresh highs . That is the dislocation. That is the trade.
Get long. Buckle in. Hang on for the ride.
Forgive the longer posts in this thread — attempting to mimic my old 10-bullet commodity takes. On to it.
The leadership rotated, but the trend did not. The super cycle powers ahead.
The Quantix Commodity Index (QCI, the modern GSCI) Total Return is up 217% since October 2020, when we called the super cycle. The names rotated — gold, silver, copper, oil, live cattle, coffee, cocoa, aluminium. But not the trend. Nasdaq returned 130%. The S&P 500, 85%.
Commodities were the top asset class. Nobody allocated. Capital piled into the Mag 7 — $770 billion of 2026 capex, nearly half of it commodities. Amazon alone consumes more than 3 million BOE/d of primary energy, more than most OPEC countries. The Mag 7 is the largest unhedged molecule short ever underwritten by an equity market...
…at the exact moment supply has never been more constrained. Hormuz is shut-in. China has weaponized the periodic table. Copper mines remain shuttered. Ukrainian drones push deeper into Russia, taking commodity supply with them. A multi-polar world demands thicker supply chains. Copper and the "atom" complex print fresh records this week. Every signal that should drive allocators into the "molecule" complex is flashing green simultaneously — for the first time since the 1970s.
And yet oil struggles to hold $105 — even as every signal points to a disruption that deepens and one we believe will outlast any "deal.” The energy sector trades 8% below its pre-Hormuz level and sits at 4.0% of the S&P 500 market cap. At $105 oil, its 2026 FCF yield is 13%. The S&P 500 is at 2.6% — the lowest since the GFC, 1,000bp below energy. The hyperscalers generate close to zero. Something has to give.
This paradox explains why oil struggles to trade higher. Capital is not rotating. The marginal dollar of investable savings still flows into the AI buildout, not the physical infrastructure that feeds it. Until that reverses, Brent faces headwinds. The ceiling on oil is not Washington. It is Exxon's cost of capital — woefully mispriced. Underbidding the equities is the same as underbidding the back end of the curve. The back end is suppressing the entire curve and spot prices.
1/10
The Quantix Commodity Index (QCI, the modern GSCI) Total Return is up 217% since October 2020, when we called the super cycle. The names rotated — gold, silver, copper, oil, live cattle, coffee, cocoa, aluminium. But not the trend. Nasdaq returned 130%. The S&P 500, 85%.
Commodities were the top asset class. Nobody allocated. Capital piled into the Mag 7 — $770 billion of 2026 capex, nearly half of it commodities. Amazon alone consumes more than 3 million BOE/d of primary energy, more than most OPEC countries. The Mag 7 is the largest unhedged molecule short ever underwritten by an equity market...
…at the exact moment supply has never been more constrained. Hormuz is shut-in. China has weaponized the periodic table. Copper mines remain shuttered. Ukrainian drones push deeper into Russia, taking commodity supply with them. A multi-polar world demands thicker supply chains. Copper and the "atom" complex print fresh records this week. Every signal that should drive allocators into the "molecule" complex is flashing green simultaneously — for the first time since the 1970s.
And yet oil struggles to hold $105 — even as every signal points to a disruption that deepens and one we believe will outlast any "deal.” The energy sector trades 8% below its pre-Hormuz level and sits at 4.0% of the S&P 500 market cap. At $105 oil, its 2026 FCF yield is 13%. The S&P 500 is at 2.6% — the lowest since the GFC, 1,000bp below energy. The hyperscalers generate close to zero. Something has to give.
This paradox explains why oil struggles to trade higher. Capital is not rotating. The marginal dollar of investable savings still flows into the AI buildout, not the physical infrastructure that feeds it. Until that reverses, Brent faces headwinds. The ceiling on oil is not Washington. It is Exxon's cost of capital — woefully mispriced. Underbidding the equities is the same as underbidding the back end of the curve. The back end is suppressing the entire curve and spot prices.
1/10
The largest supply shock in history is pricing into the curve, not the backend (yet).
I've been saying this since 2004: the curve shape reflects the fundamentals. The long end reflects the industry's marginal cost, incorporating the cost of capital which are ultimately driven by liquidity.
ICE Brent spot is $107/bbl, while the three-year is at $75/bbl. Percent backwardation — which strips out price-level effects — hit an all-time high in April. It remains near record today. The largest oil supply shock in history is reasonably priced into the curve, and it likely has much more to run. Remember we are in the depths of the shoulder months, so there is no stress on the system.
Markets are fixated on Dated Brent differentials, c.$5/bbl last night which is down sharply, but that is a microcosm of the oil market. Dated Brent is Sullum Voe. One North Sea terminal. Not the global oil market.
Spot has not exceeded the Russia-Ukraine peak for one reason: the back end of the curve sits $10–$12/bbl below where it was then.
But the long end isn't a clean signal. Liquidity past 24 months is thin, dominated by producer hedges. Cal-29 isn't where the market thinks oil settles. It is where corporate treasurers are forced to transact, which makes it consistent with their costs of capital.
The cleaner signal is the energy equity complex — long-dated call options on undeveloped reserves. ExxonMobil holds 14 years. Chevron, 15. Equity prices integrate the entire forward strip. Diverge too far and an arbitrage opens. In a capacity-constrained world those reserves are worth more, not less. The equity market is pricing the opposite. Every oil CEO has warned we exit this disruption with lasting supply problems. The market refuses to listen.
S&P Energy ÷ S&P 500 can be used as a proxy for the long-dated oil price, and it currently implies long-run Brent of ~$70 — below the strip at $72–$75 — but not too far away.
A proxy for the curve shape follows: Brent ÷ (S&P Energy ÷ S&P 500). Or rewritten: Brent × S&P 500 ÷ S&P Energy. That single number proxies the FCF yield differential between the energy sector and the rest of the market. That has been bouncing around all-time highs.
When the FCF yield gap reaches extremes, investors should rotate. Even at $75 — not spot's $105 — the energy complex yields 600-1,000 bp above the S&P 500. In 2022, investors did rotate and those that did weathered the ensuing 35% collapse in the NASDAQ much better than those that didn’t.
The equity market is betting Brent falls to realign FCF yields. If it doesn't, capital has to buy Energy and sell the Mag 7. A 1,000bp differential in FCF yields cannot persist. And if oil breaks out as we expect, something has to give. You know which one I think will give. That is the Revenge of the Old Economy!
We are at the tipping point.
2/10
I've been saying this since 2004: the curve shape reflects the fundamentals. The long end reflects the industry's marginal cost, incorporating the cost of capital which are ultimately driven by liquidity.
ICE Brent spot is $107/bbl, while the three-year is at $75/bbl. Percent backwardation — which strips out price-level effects — hit an all-time high in April. It remains near record today. The largest oil supply shock in history is reasonably priced into the curve, and it likely has much more to run. Remember we are in the depths of the shoulder months, so there is no stress on the system.
Markets are fixated on Dated Brent differentials, c.$5/bbl last night which is down sharply, but that is a microcosm of the oil market. Dated Brent is Sullum Voe. One North Sea terminal. Not the global oil market.
Spot has not exceeded the Russia-Ukraine peak for one reason: the back end of the curve sits $10–$12/bbl below where it was then.
But the long end isn't a clean signal. Liquidity past 24 months is thin, dominated by producer hedges. Cal-29 isn't where the market thinks oil settles. It is where corporate treasurers are forced to transact, which makes it consistent with their costs of capital.
The cleaner signal is the energy equity complex — long-dated call options on undeveloped reserves. ExxonMobil holds 14 years. Chevron, 15. Equity prices integrate the entire forward strip. Diverge too far and an arbitrage opens. In a capacity-constrained world those reserves are worth more, not less. The equity market is pricing the opposite. Every oil CEO has warned we exit this disruption with lasting supply problems. The market refuses to listen.
S&P Energy ÷ S&P 500 can be used as a proxy for the long-dated oil price, and it currently implies long-run Brent of ~$70 — below the strip at $72–$75 — but not too far away.
A proxy for the curve shape follows: Brent ÷ (S&P Energy ÷ S&P 500). Or rewritten: Brent × S&P 500 ÷ S&P Energy. That single number proxies the FCF yield differential between the energy sector and the rest of the market. That has been bouncing around all-time highs.
When the FCF yield gap reaches extremes, investors should rotate. Even at $75 — not spot's $105 — the energy complex yields 600-1,000 bp above the S&P 500. In 2022, investors did rotate and those that did weathered the ensuing 35% collapse in the NASDAQ much better than those that didn’t.
The equity market is betting Brent falls to realign FCF yields. If it doesn't, capital has to buy Energy and sell the Mag 7. A 1,000bp differential in FCF yields cannot persist. And if oil breaks out as we expect, something has to give. You know which one I think will give. That is the Revenge of the Old Economy!
We are at the tipping point.
2/10
The AI bubble & data center issue is at peak stress. They have invested far too much into AI to let public opinion put that at risk. They will do anything to flip the narrative, create a real "luddite" boogeyman & sweep real criticism under the rug.
List of criticisms below.
List of criticisms below.
1. Surveillance - Pay attention, surveillance has been ramping up. Not only do they want to monitor every citizen with AI under the guise of safety, but collecting every piece of data they can from the populace is essential for them to break through their data wall they've hit.
2. Deepfakes - Where's the regulations? Why the hell are we fine as a society with not being able to trust our eyes and ears anymore? We shouldn't just be okay with anyone's likeness being puppeted around most of the time by terrible people for terrible reasons.
Note as the sun comes up on this fire that there are 5 distinct fire sources across this refinery, so as I have been saying of late, 🇺🇦 has sufficiently degraded AD in 🇷🇺 such that it isn’t just one drone making it through but several causing major damage at refineries this year.
Note, this is the 13th strike on this refinery (3rd largest) and 🇺🇦 have hit it periodically to keep it derated from its original 17.1 MM ton/yr capacity. This refinery has a symbiotic power plant that can cause big power disruptions in the refinery and city if it was hit
I interviewed a Mayo Clinic-trained cardiologist with 30 years of experience.
Dr. Todd Hurst told me 10 things every adult over 40 needs to know to prevent heart disease:
1) 90% of heart attacks should never happen
Dr. Todd Hurst told me 10 things every adult over 40 needs to know to prevent heart disease:
1) 90% of heart attacks should never happen
The US has 805,000 heart attacks every year.
That's one person every 40 seconds.
Dr. Hurst says 9 out of 10 of those people had warning signs that could have been caught on a heart disease test and avoided.
Yet nobody knows about this test.
That's one person every 40 seconds.
Dr. Hurst says 9 out of 10 of those people had warning signs that could have been caught on a heart disease test and avoided.
Yet nobody knows about this test.
2) CT angiograms tells you your artery health
This is Dr. Hurst's go-to test for finding what kind of plaque is in your arteries.
Soft plaque is the dangerous kind that causes most heart attacks.
Insurance often covers the test.
This is Dr. Hurst's go-to test for finding what kind of plaque is in your arteries.
Soft plaque is the dangerous kind that causes most heart attacks.
Insurance often covers the test.
This week, I spent 8 hours reading 50+ articles about AI.
And I learned more in 1 day than most will in an entire year.
Highly recommend you read these 8:
And I learned more in 1 day than most will in an entire year.
Highly recommend you read these 8:
How to Build Your First AI Agent That Companies Will Pay $10K+ For (Full Course) by @eng_khairallah1
You've been using Claude wrong this whole time. CLAUDE.md fixes everything. Here's how by @TheAIWorld22
1/ Russian propagandists see their anti-Ukrainian conspiracy theories about secret bioweapons being vindicated by the news that the Trump Administration is to probe previous US Administrations' funding of biological research laboratories worldwide. ⬇️
2/ Since 2022, the Russians have promoted claims that the US was operating dozens of secret laboratories in Ukraine to research bioweapons, including novel diseases and so-called "combat mosquitos". Propagandists claimed that Ukraine was under US "military biological occupation".
3/ These claims build on older Russian/Soviet-era disinformation patterns, extending back decades, about US bioweapons programmes. As long ago as the 1950s, the Soviets falsely claimed US germ warfare in Korea, and more recently claimed that the US created AIDS.
DECODING NOIDA PROTEST: A PLAN BY THE COMMUNISTS TO START CIVIL WAR IN INDIA.
This is an extremely important thread.
Exclusive details about the entire plan and characters behind it.
Thread👇
This is an extremely important thread.
Exclusive details about the entire plan and characters behind it.
Thread👇
2. Two months before the planned Noida protest, a meeting was held in the Delhi Revolutionary Worker Party of India (RWPI).
Lawyer Colin Gonsalves was the main speaker in this meeting.
Lawyer Colin Gonsalves was the main speaker in this meeting.
3. From the very next day, the Marxist cadre of RWPI, who were present in that meeting, started to mobilize workers on the ground.
Finally we sold our Bangalore property. Being an NRI the process is tedious. I will give all the steps here so that it might be useful. Below are the main steps
1. Power of Attorney - this is first step if you don’t want to go to India for registration. Take 2 witnesses 1/7
1. Power of Attorney - this is first step if you don’t want to go to India for registration. Take 2 witnesses 1/7
with you to a lawyer and sign the POA document and get it notarized. Then book an appointment with BLS under miscellaneous attestation category. Submit the documents. These documents will get signed by consulate general from Indian embassy. It will take 7-14 days to receive 2/7
Once you receive the signed copy. You need to sent the original document to India. Remember POA should be done on blood relative like siblings/parents. No in-laws as the stamp duty will be 1-5% on total
Property value. If it’s blood relative then it’s 2500 Rupees only. 3/7
Property value. If it’s blood relative then it’s 2500 Rupees only. 3/7
Sevim Dagdelen ist ein bekanntes Gesicht des BSW, doch wer ist der Mann an ihrer Seite?
Diese seltene Aufnahme zeigt Sergej Kiritschuk aus der Ukraine.
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Diese seltene Aufnahme zeigt Sergej Kiritschuk aus der Ukraine.
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Sergej Kiritschuk war einer der Gründer der ukrainischen prorussischen Organisation Borotba im Jahr 2011, die aus der Vereinigung eines Teils der Organisation der Marxisten hervorging. Borotba bezeichnet sich selbst offiziell als antifaschistisch und marxistisch-leninistisch. Am Gründungskongress nahmen auch Delegierte aus Schweden und Russland teil.
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Die Surkow-Leaks entlarvten pro-russische Akteure wie Sergej Kiritschuk, Wiktor Schapinow und andere und zeigten, dass die Organisation Borotba in Wirklichkeit mit russischen, prorussischen sowie rechtsextremen, faschistischen Gruppen und separatistischen Milizen kooperierte. Darüber hinaus verbreitete Borotba Narrative, die vollständig mit den Aussagen strategischer Dokumente des Kremls übereinstimmten.
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For all who've ever posted on X -- "But what about RICO?" -- your day has arrived.
Interstate transportation of "abortifacients" is prohibited by a federal law, as is the use of an interactive computer service -- i.e., the internet -- to arrange for such.
Link next panel down.
Interstate transportation of "abortifacients" is prohibited by a federal law, as is the use of an interactive computer service -- i.e., the internet -- to arrange for such.
Link next panel down.
Paywalled but 7 day free trials are available.
New free subscribers get to read one article for free when they sign up.
RP's greatly appreciated.
open.substack.com/pub/shipwrecke…
New free subscribers get to read one article for free when they sign up.
RP's greatly appreciated.
open.substack.com/pub/shipwrecke…