Ghassan Sleiman

Capital Market Analyst | Technical Analyst 📈 | Founder of CapitalScape Investments |‼️Not Investment Advice‼️

[Macro Liquidity by Sunil Reddy @Macrobysunil]

Japan’s 2-year yield just gapped up more than 4% today.

This is starting to look like a breakaway move.

The market is effectively forcing the BOJ’s hand:

Japanese yields ↑
Oil ↑
Inflation pressure ↑
→ BOJ forced toward tighter policy

And this isn’t the long end anymore.

We are now seeing short-end government bond yields move like meme coins.

That should get everyone’s attention.

When the supposedly safest part of the financial system starts trading with this kind of volatility, something in the global rates regime is changing fast.

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Crude oil inventories in the US Strategic Petroleum Reserve officially fall below 290 million barrels for the first time since 1982.

Inventories declined by another 3.7 million barrels last week, to 289.7 million barrels.

US oil reserves are at a fresh 40+ year low.

[Judy Shelton @judyshel]

The Quiet Manufacturing Boom https://t.co/Z8pjIEEynS

[Frank Giustra @Frank_Giustra]

Here we go….the US treasury market is not functioning. I still predict we are heading back to big time QE. https://t.co/hI5OuYinAB

[zerohedge @zerohedge]

Here Comes QE Lite: Yields, Dollar Tumble, Gold Spikes After Treasury Unexpectedly Doubles Size Of Long-End Treasury Buybacks https://t.co/tkGPY0BEf0

[zerohedge @zerohedge]

And yes, TSY buybacks always were and will be a form of mini QE as Bessent just confirmed

[Peter Schiff @PeterSchiff]

JGBs are tanking again. The yield on the 10-year is up to 2.95%, a twenty-year high, and the 30-year is at 4.13%, an all-time record high. This rise has caused gold to reverse earlier gains, but what's happening with JGBs and Treasuries is actually extremely bullish for gold.

[James Rickards @RealJimRickards]

It's not enough to yell "$10,000 gold" and "$200 silver" without facts, analysis and an explanation of market dynamics. This new interview gives you all three.
https://t.co/fLobV7LT8e

[zerohedge @zerohedge]

'The Financial Equivalent Of All Out Nuclear War': Jim Rickards Says 'Yentervention' Is The Biggest Story In The World https://t.co/MYCKCudBf5

[Otavio (Tavi) Costa @TaviCosta]

Copper has been telling us all along that gold has some catching up to do.

This remains one of the most important divergences in markets today.

The lag is your friend.

https://t.co/dZ3nDsmGkI

[The Kobeissi Letter @KobeissiLetter]

BREAKING: China’s central bank officially added +20 tonnes of gold in July, its largest monthly purchase since October 2023.

This follows +15 tonnes and +10 tonnes acquired in June and May, respectively, and marks their 21st consecutive monthly increase in gold reserves.

Year-to-date, China has officially raised its gold reserves by +60 tonnes, bringing its total gold holdings up to a record 2,366 tonnes.

Meanwhile, China’s central bank has reportedly been moving more of its gold reserves from London to Hong Kong, signaling support for the city’s push to become a major global gold-trading hub.

The relocation is set to continue as Hong Kong launches a new gold-clearing system aimed at making the city a bigger center for global gold trading and pricing.

China’s appetite for gold remains incredibly strong.

[The Kobeissi Letter @KobeissiLetter]

US refiners have shifted away from Saudi oil:

US imports of Saudi Arabian crude fell to zero in July, marking the first full month without imports since 1985, according to preliminary US government data.

This marks a sharp reversal from March, when US refiners were purchasing more than 800,000 barrels of Saudi crude oil per day.

This comes as US refiners sought alternative supplies after the closure of the Strait of Hormuz and broader Iran War-related disruptions pushed Middle Eastern crude prices higher.

As a result, Venezuela has emerged as the primary replacement, with US imports of its crude surging to ~600,000 barrels per day in July, up from just ~100,000 barrels per day at the start of the year.

Global oil trade flows are undergoing a historic shift.

[Hedgeye @Hedgeye]

U.S. imports of Saudi crude oil fall to zero for the first time since 1985.

[Elliott Wave International @elliottwaveintl]

Bob Prechter on Bitcoin:

"The downside potential... is very large."

Watch this rare interview to hear Bob's perspective on Bitcoin and the forces he believes investors should be watching.

Watch free: https://t.co/wYUWOZLIyV

[Quantum Trading @TradingQuantum]

The poison pill strategy and what it means for Onterris both short term and the medium outlook for investors https://t.co/mzvjcetsAM #ONT, #VPA, #Annacoulling, #volumepriceanalysis,

[Anna Coulling @annacoull]

Is $Path setting up a massive move? Read my step-by-step chart breakdown to see exactly how insiders run accumulation campaigns https://t.co/GITgLVmL59

[Elliott Wave International @elliottwaveintl]

Sometimes the best trading lessons come from the trades that don't work.

In the Elliott Wave Playbook, Trading Instructor Favio Poci breaks down a gold setup that failed—and explains why that's just as valuable as a winner.

See how he manages risk, places tight stops and tests the waters before committing more capital.

Watch the free lesson: https://t.co/ZKZZrbHq0E

[Frank Giustra @Frank_Giustra]

“History shows that presidents who intensify wars in pursuit of a way out,or to protect their own prestige or America’s reputation,descend a slippery slope. In Vietnam,Iraq and Afghanistan,they often did so reluctantly, in wars that could no longer be won” https://t.co/roHEZ2uMA7

[Michael A. Gayed, CFA @leadlagreport]

You bailed out Japan because they will fuck Treasuries to save themselves from Oil priced in Yen, forcing the greatest deleveraging event of our lifetimes otherwise.

[Michael A. Gayed, CFA @leadlagreport]

Gold rising on lower yields sounds bullish until you notice DXY is still near its YTD high. Gold is not celebrating. It is hedging the mess. $GLD $UUP