Simple Simon

My boss said I wasn't going to manage his hedge fund. So I'll post instead.

[Simple Simon @SimpleSimo44324]

#USDZAR 👀

[Simple Simon @SimpleSimo44324]

👀#USDZAR / #DXY.
South African Rand strength is far outpacing Dollar strength and just keeps breaking through the trendlines.
Where to next?

[Simple Simon @SimpleSimo44324]

@patrickadownes Dear @BambroughKevin, wtf.

[Simple Simon @SimpleSimo44324]

@Rory_Johnston But also US10Y > 4.5%

[Simple Simon @SimpleSimo44324]

When hope is your strategy.

[Energy Headline News @OilHeadlineNews]

Trump on Iran: "Maybe they will cry uncle or maybe they'll just give up or maybe they'll go into a cave and hide"

[Simple Simon @SimpleSimo44324]

When hope is a strategy.

[Energy Headline News @OilHeadlineNews]

Trump: We don't need the Hormuz Strait

[Simple Simon @SimpleSimo44324]

@pati_marins64 If you include the life boats on each vessel this does narrow the gap.

[Simple Simon @SimpleSimo44324]

@zerohedge Are we allowed to consider another option?

[Simple Simon @SimpleSimo44324]

You don't say.

[Energy Headline News @OilHeadlineNews]

Goldman Sachs warns Brent crude oil could reach $120 per barrel this year if the Strait of Hormuz remains closed

[Simple Simon @SimpleSimo44324]

Peace must be real this time.
@OilHeadlineNews

[Energy Headline News @OilHeadlineNews]

Iran's Foreign Ministry spokesman Baghaei:

Mediators have passed proposals to Tehran in recent days to ease tensions, and they are under review.

[Simple Simon @SimpleSimo44324]

@KobeissiLetter Is this what limit up looks like?

[Simple Simon @SimpleSimo44324]

Gonna get a lot of hate for this but to be fair Charlie finds this quite easy.

[Kevin Carpenter @kejca]

Becky Quick: "[Warren Buffett] and Charlie [Munger] have repeatedly said that one of the things they're best at doing is nothing."

"There are a lot of people who feel like they *have* to act because the markets are going up and up. Warren has never had FOMO, that fear of missing out on things."

"He's very patient. He's very willing to wait for the fat pitch."

(Master Investor Podcast || 2026)

[Simple Simon @SimpleSimo44324]

Still waiting for the Sunday evening peace tweet.... This match better not go to extra time otherwise the world's economy is fkd.

[Simple Simon @SimpleSimo44324]

@Rainmaker1973 I don't think you used the right image for this.

[Simple Simon @SimpleSimo44324]

@OilHeadlineNews Is this the new plan?

[Simple Simon @SimpleSimo44324]

I did not see this coming.

[Energy Headline News @OilHeadlineNews]

Iran officially and formally exits the Islamabad Memorandum of Understanding with the United States, with Iran’s Deputy Foreign Minister Gharibabadi saying, effective immediately, Iran is suspending all commitments and will not implement any of them after the US “violated and suspended all of its commitments” first, and is now purely focused on defending the country, per Tasnim.

[Simple Simon @SimpleSimo44324]

https://t.co/LeYDJIzExu

[zerohedge @zerohedge]

IRAN WON'T FULFILL MOU OBLIGATIONS AMID US VIOLATIONS: TASNIM

[Simple Simon @SimpleSimo44324]

@stokdog #URNM chart on log, monthly looks quite different. You sure you wanna wait for more downside?

[Simple Simon @SimpleSimo44324]

#Uranium investors.

[Simple Simon @SimpleSimo44324]

What an odd thing to say 🤔 ...

[Eric Nuttall @ericnuttall]

Why did the EIA TODAY put out a 1-pager on tank bottoms warning about minimum operating limits "in extreme cases"? Why now????? https://t.co/7vYE5UBm6Q

[Simple Simon @SimpleSimo44324]

So while we're all learning about crack spreads, anyone know the respective ratio... If the crack was ~20 when oil was $60 what is the implied #oil price at 67?
$150 WTI?

https://t.co/iH8CZr0s3W

[Tracy Shuchart (𝒞𝒽𝒾 ) @chigrl]

Well this situation has not gotten any better.

321 cracks now 67.84...notching another new ATH

(chart: Bloomberg)