OWTW
CapEx Team

How do you say “stupid” in German? – OWTW

  MAGAZINE COVERS STRIKE AGAIN Ah, what would we do without magazine covers? We previously highlighted a number of instances where a mere glance at the newsstands could have alerted you to major market turning points. From a pick up in inflation that blindsided the pointy shoes to the fall of “exponential growth” (and with it Cathie Wood’s ARKK). Furthermore, the good folks at Barron’s would’ve also steered you clear of the disaster that is Disney stock (h/t to @stockjock84 for

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OWTW
CapEx Team

Old DNA, New DNA – OWTW

  WHEN YOU FIND YOURSELF IN A HOLE… When you find yourself in a hole, the popular saying goes, stop digging. Not the European pointy shoes, though. They start digging even faster: In fairness, it’s not just the EU. Across the Atlantic, we have this: As we commented in a recent issue of Insider Weekly: Continuing to bet on renewables is akin to “doubling down” or a martingale strategy. It would be a great idea if the technology worked (i.e. it could

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Insider
CapEx Team

WHO? THIS IS WHO NOT!

Jair Bolsonaro… Brazil will not sign the WHO Pandemic Treaty. “National sovereignty is not something to be handed over to WHO or other entities and to be renounced just to join a club of seemingly advanced nations”… Who else? Russia takes first steps to withdraw from WTO, WHO The Russian government is starting the process of unilaterally withdrawing from a series of international bodies, including the World Trade Organization and the World Health Organization, the Russian Duma’s Deputy Speaker Pyotr Tolstoy said

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Nato 1998 compared to now
inflation
CapEx Team

THE COMING WAR (NOT UKRAINE VS. RUSSIA)

In 1997, geopolitical advisor to David Rockefeller, Zbigniew Brzezinski, wrote a book, in called “The Grand Chessboard.” The book is particularly interesting as it shows the thinking of the Rockefeller empire in regards to Eurasia. Consider the following, which provides some insight into their view of Eurasia and how to control it (actually the very idea of controlling it provides insight into their lust for power): For America, the chief geopolitical prize is Eurasia.“ “Ever since the continents started interacting

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Best time to invest
Insider
CapEx Team

COMMODITY BULL: JUST BEGINNING

Every great bear market in commodities was preceded by raging capex. Sure, commodity prices have gone up a bit, but have we seen miners and oilers bring out their capex cheque books? Nope. Nothing is ever perfect but the chart below gives you a fairly good idea that higher commodity prices aren’t likely to bring on additional supply anytime soon. Taking a step back to look at the macro picture — a picture that says a thousand words: The graph

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THE COMING FAMINE AND LIES YOU’LL BE TOLD
inflation
CapEx Team

THE COMING FAMINE AND LIES YOU’LL BE TOLD

Long-time readers will recall that we laid out why it was that we’d have food shortages well BEFORE the Ukraine conflict. The reasons were: Lockdowns massively impacted supply chains and governments forced closure of food distribution outlets. Everything from butchers, to bakers and of course delis, restaurants, hotels, etc. For instance, in the US this accounted for roughly 30% of food consumption. Those farmers that supplied these outlets that were miraculously deemed “unsafe” and “not critical services” were left with

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xi jinping China's guy
inflation
CapEx Team

WHEN DOES CHINA PULL THE RUG?

Remember how we just discussed the funding of the profligate US government? Let’s take a look at how bad things are. Here’s the current budget deficit. The blue is good and the orange is bad. You can see a lot of orange, and after 2008 things have been decidedly “orange.” Since there is no actual cash in the piggy bank the US government has to borrow it. Meanwhile, debt spirals higher. Total US debt now tops $90 trillion with unfunded

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The Push and Pull in EUROPE Is Getting Intense

Key NATO member against Sweden and Finland in bloc — RT World News “We are currently following the developments regarding Sweden and Finland [joining NATO], but we are not favorable towards it. At this point, it is not possible for us to have a positive approach,” the Turkish president told journalists. “Scandinavian countries are unfortunately almost like guesthouses for terrorist organizations. PKK and DHKP/C are nested in Sweden and the Netherlands. And I’m going even further, in their parliaments,” he

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