Fitz

retired pro hockey player | hockey skills & team development coach | MBA graduate | invest in yourself |

[Katusa Research @KatusaResearch]

🚨America just imported strategic nuclear fuel from Japan

The U.S. still can’t produce enough HALEU on its own.

The bottleneck in the nuclear renaissance is fuel enrichment capacity

Whoever controls HALEU controls the pace of next-generation nuclear buildout.

[George Noble @gnoble79]

Jim Cramer is a FRAUD.

This guy really just went on CNBC and said the government is buying Bitcoin at $60,000.

Let me tell you why his narrative (and Bitcoin) is COMPLETE NONSENSE:

Friday, Bitcoin crashes to $60,000. Down 52% from its October high. Over $1.2 trillion in value evaporated. Panic everywhere.

And right on cue, Cramer goes on CNBC and says: "I heard at $60,000 the President is gonna fill the Bitcoin Reserve. You better cover."

No source. No evidence. No documentation. Just "I heard."

This is the same Jim Cramer who told you Bear Stearns was "FINE" five days before it lost 90% of its value.

The same Jim Cramer who called Silicon Valley Bank "compelling" weeks before it became the second-largest bank failure in American history.

The same Jim Cramer whose stock picks were so consistently wrong that Wall Street created an actual ETF to bet against him. Filed with the SEC and everything.

A Wharton study found his portfolio returned 4% annually from 2000 to 2017. The S&P returned 7%. You'd have done better flipping coins.

Now let's look at the facts he conveniently left out:

Treasury Secretary Bessent testified on February 5th that the federal government has NO legal authority to buy Bitcoin with public funds. None.

The March 2025 executive order says the reserve can ONLY hold Bitcoin from criminal seizures. No taxpayer purchases authorized.

Blockchain firm Arkham confirms government wallets haven't moved in over a month. 328,000 BTC sitting there. Unchanged.

Zero on-chain evidence. Zero official confirmation. Zero legal authority.

So why does a TV personality with the worst track record in financial media go on national television and tell you to "cover" at the exact moment of maximum panic?

When someone with a megaphone tells you to buy during a crash with no evidence, you don't ask IF there's an agenda. You ask WHOSE.

Meanwhile, here's what's actually happening in the real world:

Bitcoin is down 52% from its high. Gold just hit $5,020 an ounce - up 60% over the same period.

China's central bank has bought gold for 15 consecutive months. Saylor's Strategy is sitting on $6.5 billion in unrealized losses.

Bitcoin was supposed to be "digital gold." The ultimate safe haven.

Instead it's trading like a leveraged tech stock in a risk-off environment. Because that's what it always was.

The "digital gold" narrative didn't survive contact with actual crisis.

Real gold did.

Cramer is giving you a story to keep you from asking why Bitcoin failed its most important test.

Peter Lynch taught me something I've never forgotten:

When someone tells you to buy during a panic, ask what they own. If they can't show you receipts, they're showing you the exit.

Gold is telling the truth. Bitcoin is telling a story.

I know which one I'm holding.

[John Quakes @quakes99]

Breaking!💥 On Friday, 23 January, President Trump signed Bill H.R. 6938 into law, which allocates nearly $5 Billion to expanding US civil #Nuclear power and next-generation reactors.📜✍️🏛️💰⚛️⚡️🏗️👷🇺🇸🤠🐂 #Uranium #RideTheNuclearWave 🌊🏄

[Katusa Research @KatusaResearch]

Watch Uranium

Almost 30% of Uranium is uncontracted, resulting in poor spot price performance.

Utilities keep waiting for cheaper pounds that aren't coming.

And every month they wait, the deficit grows.

When they finally buy, spot won't walk higher. It'll gap.

[Lance Finlinson @lancefinlinson]

$AEC is $UEC is $AEC Einhorn is finkle, Finkle is einfhorn lol

[zerohedge @zerohedge]

One of the craziest charts of 2026

[Fitz @IronH34d]

@KatusaResearch It’s not fair how fast it goes. My kids are still young, but everyone around me has grown kids. There’s never been a more true quote than this. Time is fleeting, our one true commodity. Soak it up 🫶

[George Noble @gnoble79]

I JUST CRUNCHED THE NUMBERS ON TRUMP'S VENEZUELA OIL PLAN

And there's a huge problem.

Everyone's expecting Venezuela to pump 3M+ barrels per day and crash oil prices.

But here's what nobody's talking about:

The infrastructure is DEAD.

30 years of socialist mismanagement destroyed everything.

PDVSA (Venezuela's state oil company) went from world-class operator to complete disaster.

Refineries are rusting. Pipelines are leaking. Equipment is ancient.

The realistic cost to fix it? $100-180 BILLION over 10-15 years.

Nobody has that kind of money.

Especially not for a country that just stole billions from foreign investors.

The Exxon Problem:

Venezuela owes $60 billion in unpaid arbitration awards.

Exxon, ConocoPhillips, and others got their assets seized in 2007.

They won in international court. Venezuela never paid.

Now Trump's calling oil execs saying "invest in Venezuela."

Their response: "Show us rule of law first."

Translation: We're not putting billions into a country that might nationalize us again.

The Chevron Reality Check:

Chevron's the ONLY major still there.

They're operating under special US license.

Best case scenario with their current setup? Add 200-500k barrels per day.

That brings Venezuela from 900k bpd to maybe 1.1-1.5M bpd.

Still 50% below their historical peak.

And that's the OPTIMISTIC scenario.

The Orinoco Problem:

Venezuela's oil is heavy crude from the Orinoco Belt.

It's thick, sulfurous, expensive to extract.

Needs special refineries to process.

At current oil prices, the margins are horrible.

Why would any company invest billions for 8-12% returns when they can get 15-20% in US shale?

They wouldn't.

And here's the part that kills me:

Trump keeps saying he wants $50 oil.

But $50 oil DESTROYS the investment case for Venezuelan production.

You can't spend $180 billion rebuilding infrastructure if oil prices are suppressed.

The economics don't work.

So either:

1. Oil stays at $50 and nobody invests in Venezuela
2. Oil rises to $80+ and Venezuela becomes viable but prices don't crash anyway

Trump can't have both.

So even IF someone could rebuild the infrastructure...

Venezuela's political situation is still a mess.

Maduro's supposedly leaving. But to who? Maria Corina Machado? Another strongman?

Nobody knows what the government will look like in 12 months.

Major oil companies don't invest billions into that level of uncertainty.

They need 10-year stability guarantees.

Venezuela can't provide that.

The US Shale Comparison:

Meanwhile, Trump's threatening to cut oil prices.

US rig count is already falling.

Shale producers are pulling back on new drilling.

If you artificially suppress oil prices, you REDUCE future supply.

Not just in Venezuela. Everywhere.

Low prices = less investment = tighter supply later.

It's basic economics.

The Realistic Timeline:

Absolute best case with Chevron's existing operations:

- 18-24 months to add 200-500k bpd
- Total Venezuelan production hits 1.1-1.5M bpd
- Still nowhere near the 3M bpd everyone's expecting

That's not a game-changer for global oil markets.

My Take on Energy Stocks:

I don’t see much downside in oil prices from here (geopolitics providing a floor), and I believe energy stocks remain attractive on the cycle.

But Trump's $50 oil talk is exactly that - talk.

The gap between political promises and physical reality has never been wider.

You can't tweet oil fields into existence.

You can't executive order decades of infrastructure neglect away.

And you definitely can't rebuild a collapsed petro-state while simultaneously crashing the price of its only export.

Energy reality > political promises

Every. Single. Time.

[AmericanPapaBear™ @AmericaPapaBear]

"The actual Venezuelan people, the ones who lived under Maduro's boot, a whole lot of them are celebrating."

"But you, sitting on your couch, eating your DoorDash, are pissed off."

"Last week you were mad at Nick Shirley for exposing corruption, this week you are mad about an administration that doesn't even govern you."

"You rotate outrage like it's a subscription service."

"Pick a standard, or admit you don't have one."

BASED!!!

[Fitz @IronH34d]

Game changer for #uranium ???

DOJ Grants Antitrust Immunity: The Safe Lane for Uranium https://t.co/Hq1yhRfezo

#nuclear #nuclearpower

[Silver Gold Honey Company @SilverGoldHoney]

In 2025, this 1 ozt silver round sat on one of our bee hives as a doormat.

Weathered. Guarded by bees 🐝
Outside the fiat system.

We are giving it away.

To enter:

Like · Repost · Comment “Real money”

Winner announced in 47 hours.

[Fitz @IronH34d]

@SilverGoldHoney @JimSuncomm1 Real money 🤘

[Fitz @IronH34d]

@TgMacro Nailed it 👊

[Tony Greer @TgMacro]

Predictions for 2026:
- bond yields rangebound US10Y 4% - 5% range.
- Recession Bros roasted. Again.
- $DXY breakdown in Trump confidence crisis.
- gold and the S&P trade 7K.
- oil is $55-$75 with a geopolitical spike along the way.
- AI/semis finally get the haircut - I like @dailydirtnap Time cover sentiment signal below.
Down 20%.
- ALL the money flows into miners.
- $GDX up 200% driven by earnings beats.
- Uranium and Solar have monster years.
- $BCOM up 20% led by metal.
- nobody goes to jail for Minnesota Somali fraud.
- Tim Walz is appointed President of Harvard
- Netanyahu wins a Nobel Peace prize for externally funded bombing.
- Trump wins back to back Israel prizes.
- Trump is named best Jewish President Ever. Shabbat shalom.
- @CornellLacrosse repeat national champions.
- @Yankees lose in the ALDS to the Jays in 5.
- There’s a MASSIVE @NFL gambling scandal.
- Erica Kirk climbs the Empire State Building on a Pay Per View 4th of July Event sponsored by @redbull
- if any of this is wrong - speak to your Congressmen.

[Luis Guimarais @LuisGuimarais]

The world’s largest nuclear power plant is going to restart. This is the best Christmas ever!

[Michael A. Gayed, CFA @leadlagreport]

This chart should scare the hell out of people.

Uranium demand is accelerating.
Mine supply isn’t keeping up.

That gap isn’t cyclical.
It’s structural.

You can’t power AI, data centers, EVs, and electrification with hope.

Baseload matters.
Energy security matters.

The next crisis is already visible in the data.

[Gary Bohm @GaryBohm5]

As the 2023 chart shows, only 28.3% of silver comes from primary silver mines. The rest is extracted as a byproduct of lead/zinc (30.8%), copper (26.7%), and gold (13.7%) mining. This has a devastating implication for the supply side: you cannot simply “mine more silver” in response to higher silver prices. Silver production is hostage to the economics of the primary metals. A miner does not open a new lead-zinc mine because the price of silver has doubled; they open it because the price of lead and zinc justify the investment. The silver is just a bonus.

[Otavio (Tavi) Costa @TaviCosta]

Silver, when measured against CPI, has just broken through a resistance level that held for 46 years.

More importantly:

Even after this breakout, silver still sits nearly 80% below its 1980 peak on this metric.

Of course, that assumes CPI is an accurate measure of inflation — which it likely isn’t.

If we account for real fiat debasement occurring today, driven by one of the most extreme expansions of global money supply in history, silver remains one of the most undervalued monetary assets, in my view.

[Odelia Energy @odeliaenergy]

DOE releases draft voluntary agreement to secure the full #nuclear fuel cycle

• Covers mining, conversion, enrichment, fabrication, recycling, and waste steps

• Establishes a Nuclear Fuel Cycle Consortium for coordinated planning

• Allows supervised data sharing with DOJ and FTC oversight

• Provides antitrust safe harbor only for actions within approved Plans of Action

• Participation requires meeting attendance, data contributions, and recordkeeping

• DOE seeks public comments to refine the draft, identify issues, and ensure minimal anticompetitive impact

• Comments open until Nov 24, 2025

[zerohedge @zerohedge]

"This Is A National Emergency" - US Govt To Buy 10 Large, New Nuclear Reactors https://t.co/iHSkLguEcV