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DecodeMarkets — Morning Call
September 30th, 2026
Good morning. The headlines keep giving the market reasons to panic. The market has been rather uncooperative.
Starting today, every morning at 7 a.m. New York time.
The idea: connect what’s happening to what you own — and what might be worth owning next.
Who actually makes the money? How much optimism is already in the price? What needs to happen for the investment to work? And what evidence would make us change our minds?
I’ll bring ideas, connections, and evidence to help with your own due diligence (DD) — not just on your next investment, but also on the positions you already love. Especially those.
Because a good story is not an investment thesis. And a rising price is not DD.
The goal isn’t to have an opinion on everything. It’s to spot what deserves your attention before it deserves your capital.
Today: patience at the Fed, AI writing its own guardrails, and nuclear businesses that could invoice before a reactor switches on.
Let’s get to work
Todo el sistema está diseñado para robar lo que produces. Y lo peor de este modelo sistémico es que es sólido porque siempre habrá una parte importante de la población dispuesta a legitimar ese robo si con su complicidad obtiene parte del botin robado.
Vacúnese contra el estado
El gráfico de Siegel es una estafa con respecto a la informacíon que arroja sobre el oro.
El gráfico diluye 50 años de mercado libre con 170 años de precio intervenido. Para cualquier análisis serio, el punto de partida relevante para el oro es agosto de 1971 (fin del tratado de BW) y desde ahí su rentabilidad destroza a los bonos y prácticamente empata con la renta variable.
After much reflection, I have decided to resign from my position as Director of the National Counterterrorism Center, effective today.
I cannot in good conscience support the ongoing war in Iran. Iran posed no imminent threat to our nation, and it is clear that we started this war due to pressure from Israel and its powerful American lobby.
It has been an honor serving under @POTUS and @DNIGabbard and leading the professionals at NCTC.
May God bless America.
Juan M. de Prada: "Yo no sé donde están los partidos patrióticos. Israel bombardeó posiciones en el Líbano donde había soldados españoles. ¿Salió algún partido patriótico a protestar por la acción de Israel? Creo que no. Yo veo distintas partidos al servicio de los mismos amos".
I’ve been on the phone with some of the top America First Conservative leaders.
We are all in agreement.
The admin and Republican Party is going in the wrong direction on key issues, like the war, Epstein, and especially domestic issues, and has been completely hijacked by the Lindsey Grahams, Mark Levin, and the neocon establishment Republicans we all voted against.
The future of America belongs to us, the younger generations, not the boomers in charge and their boomer donors.
I, and others, have been doing our part to call out the wrongs and fight back, and a large percentage of Americans agree.
But I can’t impart on you all enough that the power to make change is on the outside. After 5 years of trying while in congress, I can tell you firsthand it’s completely broken and controlled.
An entire generation of elected leaders, their donors, and controlling interests have to be removed. And it’s both sides.
The last time I checked:
🇮🇷 Iran hasn’t stolen any of my freedoms.
🇮🇷 Iran didn’t run up $38 trillion in national debt and destroy our standard of living.
🇮🇷 Iran didn’t pass the Patriot Act to spy on Americans.
🇮🇷 Iran didn’t pass the income tax.
🇮🇷 Iran didn’t establish the IRS.
🇮🇷 Iran didn’t hand over full control of US monetary policy to a private banking cartel with the Federal Reserve Act of 1913.
🇮🇷 Iran didn’t force the NIH to fund gain-of-function research in Wuhan China.
🇮🇷 Iran didn’t lock down American cities, businesses and schools.
🇮🇷 Iran didn’t pass experimental and deadly mRNA “vaccine” mandates.
🇮🇷 Iran didn’t print $7 trillion during the COVID Plandemic and destroy the American economy.
🇮🇷 Iran isn’t hosting drag queen story hour in our elementary schools and libraries.
🇮🇷 Iran isn’t promoting destructive life altering transgender surgeries and medications to children.
🇮🇷 Iran isn’t flooding American airwaves with pharmaceutical products.
🇮🇷 Iran isn’t trying to block out the sun or spraying harmful chemicals all over our skies.
🇮🇷 Iran isn’t spraying all our crops with cancer causing pesticides.
🇮🇷 Iran didn’t give glyphosate manufacturers immunity from poisoning Americans.
🇮🇷 Iran didn’t accuse a Supreme Court Justice nominee of being a gang rapist.
🇮🇷 Iran didn’t spend $8 trillion invading Iraq and Afghanistan, only to hand the latter back to The Taliban after the government collapsed in 3 days following 20 years of occupation.
🇮🇷 Iran didn’t steal the 2020 election.
🇮🇷 Iran didn’t open America’s borders and flood the country with 40 million illegal immigrants.
🇮🇷 Iran didn’t to start a race war by spreading hate-crime hoaxes all over our cable news and social media networks.
🇮🇷 Iran isn’t hiding the Epstein documents and failing to prosecute corrupt billionaires, politicians and royal family members.
🇮🇷 Iran isn’t forcing Americans to pass hate-speech laws and tear down the 1st amendment.
🇮🇷 Iran has never attacked us on American soil.
🇮🇷 Iran didn’t authorize Operation Fast & Furious to allow weapons to be illegally purchased and taken back to Mexico, only to be used to kill US border patrol agents.
🇮🇷 Iran didn’t overthrow Gaddafi and destroy the country of Libya where they now have modern day slave markets.
🇮🇷 Iran didn’t hide the contents of Anthony Weiner’s laptop with over 340,000 emails from Hillary Clinton, including a files labeled “Crimes Against Children”.
🇮🇷 Iran didn’t use America’s intelligence agencies, FISA court, media organizations or political class to frame Trump for treason.
🇮🇷 Iran didn’t draw up plans to assassinate Julian Assange for exposing US war crimes in the Middle East.
🇮🇷 Iran didn’t exile Edward Snowden for revealing the widespread illegal surveillance being conducted on American citizens.
🇮🇷 Iran didn’t assassinate JFK, RFK or Charlie Kirk.
The US government did all of those things on behalf of subversive domestic and foreign influence.
Cash flow tells the story
Ternium $TX didn’t buy out the Japanese by chance.
Don’t be surprised if they now go for the whole thing at Usiminas.
Smartest industrial group in this part of the world.
They like to buy well
And cheap
#USIM5 $USNZY
My fellow Christians: it's time to reach out to your favorite pastor and send him the Epstein files.
Then ask him for some theological clarification.
Like: "Where in the Bible does it say that we have to support the nation which ran the satanic pedophile ring?"
Editorial: ¿Qué dicen los nuevos documentos sobre el caso Epstein? - 02/02/26
Por @cesarvidal.
https://t.co/wj2SEczFf9
En este editorial, César Vidal reflexiona sobre el caso Jeffrey Epstein a la luz de una pregunta esencial formulada por Jesús de Nazaret: ¿de qué le sirve al hombre ganar el mundo si pierde su alma? A partir de la reciente publicación parcial de millones de documentos relacionados con Epstein, se traza el retrato de una red de abuso sexual de menores, tráfico de personas, chantaje, extorsión y espionaje que habría involucrado a políticos, financieros, empresarios, científicos y figuras públicas de primer nivel internacional.
El análisis sostiene que Epstein no fue un mero depredador sexual, sino el eje de una operación de chantaje al servicio de intereses geopolíticos, especialmente vinculados al Estado de Israel, con posibles conexiones con la CIA y el MI6. Según la documentación publicada, la grabación sistemática de delitos sexuales habría servido para condicionar decisiones políticas de enorme trascendencia internacional.
César Vidal denuncia el colapso moral y ético de élites políticas y económicas en Estados Unidos, Europa y otras regiones, cuestiona la validez real de los sistemas democráticos cuando los gobernantes son fácilmente chantajeables y advierte sobre el uso del crimen y la perversión como herramientas de poder. El editorial concluye con una llamada a no caer en el desánimo, a recuperar la dignidad moral y a “ponerse en pie” frente a quienes, en su intento de dominar el mundo, lo están convirtiendo en un infierno.
Cuando te enteras que el nuevo presidente de la FED es el yerno de Ronald Lauder, el editorial de hace unos días de @cesarvidal sobre este hombre se hace aún más relevante
@lorenzoramirez@Josevizner@negocios_tv Buena suerte si quieres comprar el metal físico a estos precios, estas correcciones son pura manipulación de wall street y la city
Gold is up over $80, a record high above $4,590. Silver is up over $4, a record high above $84. Prices are melting up for a reason, and it’s not good. While it’s exciting for those of us who own gold and silver, keep in mind that it foretells economic hardship for most Americans.