Money

Luke Gromen @LukeGromen

Copper is trading around $14,470 per tonne today, which is ~$400 per tonne (~3%) below its all-time high….despite no news on tariffs and the first Fed rate hike in 3 years. Copper is on course for a weekly gain of ~3%. This is because physical buying has STRENGTHENED this past… pic.twitter.com/z3p8fnrWBj

— Robert Friedland (@robert_ivanhoe) September 18, 2026

A HUGE LIQUIDITY CRISIS IS UNFOLDING IN TURKEY RIGHT NOW.

One of Turkey’s biggest fund managers failed to meet investor withdrawal requests.

Then another manager reported the same problem with $7.5 billion worth of funds.

Investors rushed for the exits, pulling as much as $1… pic.twitter.com/R5VjFl1WNp

— The Macro Paper (@macropaperr) September 17, 2026

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%…

— The Assembly (@InTheAssembly) September 12, 2026

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.