🦔The US Treasury bought Japanese yen on Friday for the first time since 2011. But it didn't sell dollars to do it. The NY Fed sold euros and bought yen on behalf of the Treasury through Goldman Sachs and Morgan Stanley, according to the Financial Times. A Reuters photographer caught Treasury Secretary Bessent's notepad at a Camp David cabinet meeting. It read "To Do Buy Japanese Yen $5-10 bil." Japan spent $58.97 billion in a single day to defend its currency, the largest intervention in its history. In January, Bessent refused to help.
My Take
Japan holds $1.19 trillion in US Treasury bonds, the largest foreign holder on earth. When the yen falls this far, Japan sells those bonds to raise dollars and defend its currency. Every bond Japan sells adds supply to the US bond market and pushes yields higher. The 30-year yield hit 5.23% this week, highest since 2007. Your mortgage, car loan, and credit card APR all follow Treasury yields. The US sold euros to buy yen because if it sold dollars instead, that would weaken the dollar, which goes against US policy. So the euro took the hit and Europe didn't get a vote.
Bessent refused to touch the yen six months ago. Friday he bought it with euros through Goldman and Morgan Stanley. Japan also has access to the Fed's FIMA Repo Facility, which lets it borrow dollars against its Treasury holdings instead of outright sales. That could keep over a trillion in US bonds off the open market and hold yields where they are. Japan and the US may announce a joint currency policy as early as next week. A currency crisis in Tokyo just became a US fiscal priority because the chain from a weak yen to a higher American mortgage payment runs straight through the Treasury bond market.
Hedgie🤗
All federal heavy charges have been officially dropped against the American doctor
Dr. Kirk Moore, who gave hundreds of people a "saline solution" instead of the Corona vaccine and issued them vaccination cards!
Dr. Kirk Moore said amid his tears: "I only did what was right! You cannot ask for 'informed consent' from people when they do not know what is being injected into their bodies!"
This is true medicine, conscientious humanity, and unwavering absolute justice!
Given how the Corona coercions distorted human lives around the world, this historic acquittal is a judicial slap directed at the global network.
Salute to the real doctors, to the conscientious doctors!
🚨EVERYTHING IS GOING EXACTLY AS I SAID!!!
It IPO'd, ripped, and everyone called it the buy of the decade. Now we're at $110 and the chart has already broken.
And this was the easy part. Here's the full map, day by day:
IPO → the top
10 days → $160
20 days → $140
NOW → $110
60 days → $90
80 days → $70 ← the bottom
100 days → $110
120 days → $200
140 days → $300
Down to $70 first. Then the reversal that makes people rich.
Why the drop has to happen the math is brutal and public:
→ Only ~4% of shares actually trade. Nasdaq bent the float rule to let this listing through.
→ It got jammed into the indexes, so every passive fund was forced to buy near the top.
→ Insiders still hold 96% of the supply.
→ The first unlock hits August 6 at Q2 earnings ~20% of insider shares go free and the float doubles overnight.
→ Then it doubles again through the fall, all the way to full unlock.
Sit with that. This entire collapse happened on a tiny float with almost no supply. The actual wall of stock hasn't even arrived yet. That's what takes us to $70.
And look at the backdrop: Apple's printing new highs while SPCX bleeds to fresh lows. That's not a market problem - that's a SpaceX problem. Hype dead, capex enormous, valuation near 100x sales, unlock cliff dead ahead.
But here's the part nobody's ready for: once that last unlock clears and the forced sellers are gone, the supply overhang disappears.
That's when it reverses: $70 → $110 → $200 → $300.
The bottom isn't where you panic. It's where you position.
Everything I said would happen is happening. No surprises.
Save this. Turn on notifications. Or come back in a few months wishing you had.
GREEN LIGHT FOR STARTUP: @ENERGY has authorized Oklo’s Groves Isotope Test reactor to begin nuclear operations.
This startup authorization clears the facility and team to bring in fuel, run startup tests, and proceed toward first criticality under its startup plan.
In just over 10 months , Groves completed engineering, construction, commissioning, development of operating programs, personnel training, and DOE readiness across all core requirements. Oklo chose the harder path to build a repeatable deployment model on private land using commercially procured fuel and equipment so future Aurora powerhouses, isotope facilities, and fuel cycle projects can build on proven deployment capabilities instead of starting from scratch.
Lessons from Groves are already informing how we build our other capabilities, demonstrating how advanced nuclear can move faster under DOE’s Reactor Pilot Program while keeping safety front and center.
Read more ->
https://t.co/f2brODXdJ8
The tokenized equity market is seeing unprecedented growth.
There are now over 670,000 people holding tokenized equities onchain.
This figure has surged +73% month-over-month and +449% year-to-date.
Amid this growth, Solana now accounts for 85% of onchain tokenized equities volume.
Furthermore, Jupiter's routed tokenized asset volume is up 300% year-to-date, driven by the recent increase in demand for trading outside of market hours.
Over the last 30 days, ~68% of the onchain platform's volume was traded during weekends and off-hours.
The market is quickly shifting to 24/7 price action.
According to Jewish tradition, five major calamities occurred on Tisha B’Av:
1. The generation of the Exodus accepted the spies’ negative report and was condemned to die in the wilderness.
2. The First Temple was destroyed by the Babylonians.
3. The Second Temple was destroyed by the Romans.
4. The Romans crushed the Bar Kochba revolt and massacred the Jews of Beitar.
5. Jerusalem was plowed over by the Romans.
Later tragedies are also associated with this period, including the expulsion of Jews from England in 1290, the expulsion from Spain in 1492, and major events leading into World War I and the Holocaust.
Tisha B’Av became the collective Jewish day of mourning—not only for the Temples, but for centuries of exile, persecution, and national tragedy.
TONIGHT IS TISHA B'AV....WHAT IS IT?
Tisha B’Av is the saddest day on the Jewish calendar.
It marks the destruction of both the First and Second Temples in Jerusalem, centuries apart, on the same Hebrew date: the 9th of Av.
The Second Temple was destroyed by the Romans in 70 CE after a brutal siege of Jerusalem. The city was devastated, countless Jews were killed or enslaved, and Jewish national life was shattered.
But Tisha B’Av is not only about ancient history.
Jewish tradition teaches that the Second Temple was destroyed because of sinat chinam—baseless hatred between Jews.
That is why the day is both national and personal: we mourn what was lost, and we ask what must be repaired.
The answer is ahavat chinam—greater unity, respect, and love among the Jewish people.
Rome destroyed the Temple.
It did not destroy the Jewish people.
Excerpt from Prime Minister Benjamin Netanyahu remarks, today, at the Federation of Local Authorities in Israel Conference:
“It’s true, Hezbollah is still in Lebanon, but there is something else there now. Today, there is a security zone there that prevents Hezbollah and its remnants from invading the Galilee, because that was the plan. We are destroying all of this underground infrastructure. I was there in southern Lebanon and I saw it; it’s unbelievable. It is simply different.
We still have work to do, especially on what I call the 'Manhattan Project' – we will be the first in the world to solve the explosive drone problem, which is a global issue, and we are solving it.
'But you haven't solved it 100%.' True, but we are on our way. If we had followed your suggestion to stop at Rafah, we would have gotten nada, zero, gornisht, nothing. I don't know how many languages are spoken here. Zero. That is not who we are.
And then we continued – Syria. Here, too, they told us not to enter; they said it wasn't wise, speaking with such hesitation. We entered with all our might, and we also saved our Druze brothers, whom I salute. We will protect our Druze brothers and we will never abandon them. We have protected them, and we will protect them!
And then we did what no one believed we would do. Because over the years, I have dedicated most of my adult life to preventing Iran from acquiring nuclear weapons; I saw it as an existential threat to our survival. I do not want the thousands-of-years-old existence of the Jewish people to be cut short by these Ayatollahs acquiring nuclear weapons.
We carried out operations, mostly with the Mossad, inside Iran, all kinds of operations, but they told us: 'A military operation in Iran? You are forbidden from doing that.' 'Eliminating the leadership of Iran? No, no, not that.' So I did not listen to them, and I led Operation Rising Lion. I chose this name, 'A people shall rise like a lion' – because we have a nation of lions and an army of lions, and I told them: 'Go in – we will enter with all our might.'
I also told President Trump, well, two presidents, Biden first of all, when they told me 'Do not enter Rafah.' Do you know why they said 'Do not enter Rafah'? Because the President of the United States said he would halt the weapons supply. I said I respect him very much, and he even came here at the beginning of the war, but we have no choice, we will enter – and if we must, we will fight with our fingernails. Because there are moments when you must know how to tell even the President of the United States what we stand for.
When I came to President Trump before Operation Rising Lion, I told him: 'We are going into Iran, because I am not waiting for these oppressors who declare openly that they want to destroy us, and you too, by the way, I told him, but us first. I will not let that happen. Therefore, we are taking action.' I didn't ask for permission; I simply informed him of our plan. To my joy, he also joined toward the end with a very important action.
But they said 'it’s impossible.' Don't do it. Don't get entangled, because Iran will come and destroy our cities and our citizens, and thousands, if not tens of thousands, will die. So the very same people who told us don't enter Gaza, don't enter Rafah, don't enter Lebanon, don't enter Syria, don't enter Iran, Master of the Universe, don't destroy their leadership... Today, they come and tell us, 'But you didn't finish the job.' They, who wanted zero, come and tell us, 'You didn't achieve 100%, only 80-90%.' There is still work to do, it is not over, that is true, but who will do it? If you don't have true leadership, not what they put in the talking points of various advertising agencies.
When you are tested on the ground, just as our commanders are tested on the ground, then the only thing that speaks is the result. And the result is monumental! There is still work to do in Gaza, in Lebanon, and against Iran, but I want to tell you two things: As long as I am Prime Minister, Iran will not have nuclear weapons. And one more thing: As long as I am Prime Minister, we will maintain the security zone in southern Lebanon. For as long as it takes, we will maintain the security of the North, and together, we have also done a great deal for prosperity."
Democrats aren’t going after Elon Musk because of “dying children.” They are pissed off that DOGE cut their USAID slush fund used to manipulate information and tilt elections in our country and foreign countries.
Notice the pattern? Since the 2025 USAID cuts, 7 conservative candidates swept presidential elections across Latin America: Ecuador, Bolivia, Honduras, Chile, Costa Rica, Colombia, and Peru. If USAID was still in place, Lula most likely wouldn’t have won in Brazil.
Here, Samantha Power, the former administrator of USAID, proudly highlighted the agency’s role in influencing what she called “strategically important elections” through the Democratic Elections Fund. She also discussed how USAID funded journalists not only to report the news, but also to “fact-check” incoming information.
USAID directed nearly $500 million to the Internews Network, a little-known NGO funded by the U.S. government. The organization worked with 4,291 media outlets, produced 4,799 hours of broadcasts in a single year, reached as many as 778 million people, and trained more than 9,000 journalists by 2023. Internews also supported social media censorship initiatives.
USAID also funded and trained thousands of lawyers, judges, and election workers, conducted polls that questioned election legitimacy, published reports alleging fraud, and participated in overseeing new elections both in the United States and abroad, among many other activities.
On the contrary, Elon Musk and DOGE actually saved millions of children. By cutting USAID influence, they let parents freely reject leftist failures on crime, economy, and socialism at the polls without manipulation.
SpaceX just landed a Falcon 9 booster, and Elon Musk's live reaction was more human than anyone expected.
I’m 60 years old and retired from JPMorgan. My monthly income is $105,000.
My June advice:
$BABA (Alibaba) — Don’t buy
$SNDK (SanDisk) — Don’t buy
$AVGO (Broadcom) — Don’t buy
$SPCX (SpaceX) — Buy at $135–$140
$NVDA (NVIDIA) — Buy at $188–$195
$MSFT (Microsoft) — Buy at $385–$390
$RKLB (Rocket Lab) — Buy at $106–$111
People ask, Why don’t you charge?
I’ve made enough. Sharing is my passion ,that’s why I post for fre.
I’m 60 years old and retired from JPMorgan. My monthly income is $105,000.
My June advice:
$AVGO (Broadcom) — Don’t buy
$CRWV (CoreWeave)) — Don’t buy
$FUTU (Futu Holdings) — Don’t buy
$INTC (Intel) — Buy at $100–$106
$NVDA (NVIDIA) — Buy at $195–$200
$QCOM (Qualcomm) — Buy at $205–$213
$GOOG (Alphabet - C) — Buy at $335–$340
People ask, Why don’t you charge?
I’ve made enough. Sharing is my passion ,that’s why I post for fre.