JPMorgan just dropped its Q1 2026 13F.
They now hold 8.3 million shares of BlackRock's iShares Bitcoin Trust $IBIT.
That's a ~175% increase from last quarter.
Jamie Dimon spent the last - what? decade - telling people $BTC was a fraud and threatening to fire any JPMorgan trader caught buying it.
Now they're a buyer.
Young Australians should be enraged by the new super tax.
The statist talking heads will tell you "it's only on balances above $3M. The rich." Most Aussies will fall for it.
Run the numbers. 35yo today. $200k in super. Contributes $15k a year. Earns 8% returns (long run super average).
In 30 years their balance is $3.7 million. Caught by the tax.
But here's the trick. Australia's money supply has grown about 8% a year for the past two decades. RBA's own data. So that $3.7M buys what $369k buys today. Same groceries. Same house. Same petrol.
You didn't get rich. You ran on the spot.
And the $3M line? Frozen. In 30 years it only buys what $300k buys today. It's lost 90% of its real value. The govt doesn't have to move the line. Inflation does the work for them.
No different from the obscene overreach on anti-money laundering rules. The $10k cash transaction threshold was set in 1988 and never moved. $10k then is $26k in today's money. Adjusted for money supply growth, it's $170k. Same threshold. Almost 3x more transactions caught by CPI, 17x by money supply. That's why you get interrogated at the bank for withdrawing what only covers half a year of school fees.
Same trick with income tax. Wages rise with inflation. Brackets don't. Suddenly the average worker is in a "high earner" bracket they were never meant to be in. You don't earn more. The line moved.
This one policy tells you everything you need to know about the government and its intentions. It's all about grift and theft.
Meanwhile, the kids who get hit hardest are kept busy by an education system arguing about hate speech, social media, and the climate apocalypse promised in 2012. Nobody teaches them how money actually works. The govt likes it that way.
So they vote for more taxes. Bigger govt. More "fairness." Pouring petrol on the fire burning their house down.
The fix isn't communism. It's the opposite.
Smaller govt. Lower taxes. Index every threshold to the actual money supply, not the CPI lie. Decentralise the banks.
Despite everything, Australians are entrepreneurial and predominantly hardworking. Imagine what this country could become without the government's boot on its neck.
We should repeat this every day: russia is intentionally murdering Ukrainian children, day after day, for the sheer pleasure of it.
We can never forgive this—above all, we have no right to forgive it.
These crimes will haunt the russians—all russians—for as long as they exist.
BREAKING: Just 20 minutes before Trump's announcement that the Strait of Hormuz was open, massive trades hit the market.
Investors sold a combined 7,990 lots of Brent crude futures, a $760 million bet that oil would go down.
These orders were much larger than anything else at the time.
The traders made huge gains.
Unusual.
Trump: "We're gonna bring them back to the stone ages, where they belong". Keep in mind that an initial justification for the war was to "help" Iranians.
@WhiteHouse@LarryBoorstein This people aren't even allowed to run a charity.
But Americans put them in charge of the richest and most powerful nation to ever exist, so far.
Murica, is this a joke?
April fools?
Thank you! I don’t think we’ve been singled out for content throttling, but yes, the Algo makes it extremely difficult to distribute linked content. Plus there’s too much content (when everyone has a substack, no one has a substack).
5 minutes before Trump’s announcement:
* $1.5B notional worth of S&P500 (ES) futures are bought in a single clip.
* $192M notional of oil futures (CL) sold.
More than 4x-6x any other trade size during the market close.
Insiders profited from his lies in broad daylight!
While Trump dodged the draft, Robert Mueller volunteered for the Marines after graduating Princeton. He was awarded a Bronze Star with combat V, rescuing a wounded Marine while under fire. He was later shot in the thigh, awarded a Purple Heart, and returned to lead his platoon.
President Trump, who got a medical draft deferment for bone spurs in his heels in 1968, talking shit about a guy who did eleven combat tours and whose wife was killed by a suicide bomber in Syria.
Trump is a truly despicable person.
Senator Graham says he has never heard Trump so angry. Somewhere in Europe, nobody is sleeping badly about this.
Let’s be precise about what’s actually happening here.
Europe has spent thirty years trying to contain Iran through diplomacy. The JCPOA was a European initiative. Trump tore it up in 2018. Iran’s nuclear programme accelerated directly as a result. Europe warned this would happen. Nobody listened. Now Graham is calling European diplomacy “a miserable failure” while standing next to the man who blew up the only agreement that was working.
As for the Strait of Hormuz. Europe imports oil through it, yes. So does China. So does India. So does Japan. If Graham wants a coalition, he has a planet to call. What he appears to want, however, is specifically European military assets deployed in support of a war Europe was not consulted on, did not request and does not want.
That is not an alliance. That’s a shit show.
Graham says this makes him “second guess the value of these alliances.” Europe has been second guessing that value since Trump. Welcome to the conversation, Senator. You are about eight years late.
Nothing odd.. Mo one cares.. No headlines..
IOF have executed Palestinian parents and two children in occupied West Bank city to Tubas:
1- father: Ali Bani Oudeh, 37. He was shot in the head, face, chest and left hand.
2- mother: Waad Bani Oudeh, 35. She was shot in the head and face.
3- Mohammad Ali Bani Oudeh, 5. He was shot in the head and face.
4- Othman Ali Bani Oudeh, 7. He was shot in the head and face.
Two other children were wounded..
The body of 5-year-old Mohammad Ali Bani Odeh is being prepared for burial in his hometown of Tammun, northern West Bank.
Ali was shot dead along with his father, mother and elder brother last night in a horrific cold-blooded murder perpetrated by an Israeli army unit at the entrance to the town. They were sitting peacefully inside their car when they were gunned down for no reason.
Pressure your allies, question NATO, mock European leaders, slap tariffs on them, and ease sanctions on your adversaries.
Then start a war against the advice of top generals and without informing your partners.
And now you’re asking those same allies for help without even asking…
The irony.
Trump's Iran War costs the U.S. $1.88 billion a day. At that rate, it will take less than 2 months to match the $109 billion sent to Ukraine over three years during the Biden admin. In only six days, the U.S. has already spent 10% of what it disbursed to Kyiv after Russia's Feb 2022 invasion.
I’ve never seen anything like the Epstein files in my life
-Raped
-Cannibalized
-Trafficked
-Filmed
-Terrorized
-Tortured
-Murdered
-13, 14, 15 year children
ZERO arrests
I don't understand how we're not having a global revolution right now.