Idi Admin

Profile of a Trend in Precious Metals

 

THE CORRECTION MINING INDEXES ARE HIDING

I analyzed 150 securities associated with GDX and GDXJ and 84 associated with SIL and SILJ since January 29, 2026.

The results are striking:

By Idi Admin, ago

Saudi Blames it on Iraq to avoid giving credit to Yemenis

@donaldgorbachev

The five-second epistemology of the drones didn’t come from Iraq, stupid. The drones came from Iraq, says the Foreign Ministry. Yemen said they were Yemen's. On Thursday. Before anyone asked. A Shahed flies two thousand kilometres one way and does not need a ticket home. Riyadh is nine hundred from Saada. Madinah is a little more. The pumping stations were never out of range. They were out of the story. So the kingdom picked Iraq. Iraq is the enemy you can afford. You can name it, condemn it, receive a phone call from its prime minister, and choose not to respond at this stage. The statement does all four in three paragraphs. Yemen is the enemy you cannot name. Naming Yemen means the war in the south has reached the house. Naming Yemen means the people who took three brigades and the island are the same people who turned off the oil. Naming Yemen means saying the sentence: we are losing to the Shia on our own peninsula. So the drones came from Iraq. And even against Iraq, the kingdom has chosen not to respond at this stage. Read that twice. The Foreign Ministry invented an enemy it could fight, and then announced it would not fight it. That is not deterrence. That is a man choosing the burglar he would prefer to have been robbed by. A Soviet joke: "Comrade, who bombed the pipeline?" "Iraq." "And what will we do to Iraq?" "Nothing. They asked us not to." "And the ones who actually bombed it?" "Those we do not discuss." The petrodollar was oil out, Treasuries in. Bertrand has the inversion: no oil out, so Treasuries out to cover the hole. The recycling runs backwards. The kingdom sells America to pay for America's war. Nicholas also had a preferred enemy in the last winter. It was the Germans. It was never the bread.

 

 

By Idi Admin, ago

Peter Thiel just put 72 percent of his public portfolio into energy and power – Here’s the full list

 

Peter Thiel just put 72% of his public portfolio into energy and power. Here’s the full list:

  • VIST 18.1% Argentine shale in Vaca Muerta. Second biggest position in the whole book.
  • VST 14.1% Independent power producer with nuclear and direct data centre contracts.
  • AEP 10.1% Regulated utility with one of the largest contracted data centre pipelines in the country.
  • DTE 9.6% Midwest utility feeding industrial and AI demand. FE 9.5% Transmission heavy. The wires side of the buildout.
  • CMS 9.4% Another regulated utility, sized almost identically to the rest. XE 0.9% Small modular reactors. Tiny position, but that's the nuclear bet. Generation, fuel, regulated utilities and next generation nuclear. 4 different ways to own the same constraint.
By Idi Admin, ago

Clashes erupt in Kobani as Kurdish protesters and SDF supporters move against Syrian government security forces

By Idi Admin, ago