Derrick Bilderbeek

The search for attractive risk vs. reward, asymmetrical payoffs, deep value opportunities in energy infrastructure and basic resource sectors.

[mert @mert]

this is absolutely insane

- the UK now proposes scanning of all PRIVATE content on user devices or *jail* (for the execs) of device companies

^ recall how the french already arrested pavel earlier this year

- this is on a *device level* -- meaning you can not even use the phone freely *unless you literally KYC* -- does not matter which apps you use

- on top of this, they will require *another* KYC submission on the app-level to access certain apps

so this would mandate both device-level and app-level surveillance

this is the most draconian shit I have seen in tech yet

[Artur Nadolny @ArturNadol7566]

44 UK CONSTRUCTION FIRMS RAN ILLEGAL SPY DATABASE WITH MET POLICE AND BLACKLISTED 3,213 WORKERS

In 2009 investigators raided a building in the Midlands and found 3,213 names. All construction workers. All secretly blacklisted by 44 of the UK's biggest building firms including Costain, Sir Robert McAlpine, and Skanska.

Dave Smith @DaveBlacklist was one of them.

Dave was a safety rep in the 1990s. He reported asbestos. He flagged a near-fatal accident.

Carillion responded by building a secret 36-page file on him. His home address. His car. His family. Passed quietly to a private blacklist database. Companies paid £2.20 per name check.

Dave spent years unemployed with no idea why. Eventually left construction and retrained as a teacher.
The Met Police later admitted their undercover officers fed information into the same blacklist.

The government knew in 2007 and did nothing. Blacklisting was not even illegal until 2010.

Carillion admitted everything at tribunal. Dave still lost because agency workers were not protected by law.

Carillion then apologised publicly. And sent Dave a bill for £3,500..

44 companies caught. 14 enforcement notices issued. The rest walked.

Sources: @guardian @BBCNews @ICOnews @unitetheunion @DaveBlacklist

[Derrick Bilderbeek @dbilderbeek]

@JackFarley96 Could you elaborate please?

[Tablesalt 🇨🇦🇺🇸 @Tablesalt13]

‼️This BLEW MY MIND

this guy just figured out how come almost NO ONE around the world is having kids....

My generation didnt even have to THINK about this.

[Peter Epstein, MBA (NYU Stern School of Business) @peterepstein2]

Updated EBITDA/Rev figures. No major changes. Silver Storm Mining entering production, 1st pour last week! 7.1x 2027e multiple for peers, 2.6x for Silver Storm, gives zero credit for San Diego project. See footnotes. Buying opportunity? @TSXSVRS $SVRS.v $SVRSF #silver #gold

[Ricardo @Ric_RTP]

Wall Street just pulled off the exact move that turned 2008 from a housing problem into a global collapse.

They turned Nvidia graphics cards into bonds, stamped them investment grade, and started selling them into the funds that hold retirement money.

Here is what happened while everyone was busy arguing about whether AI stocks were overvalued:

The company at the center is CoreWeave, which rents out Nvidia chips to AI companies.

To buy those chips, it borrows enormous sums, and the collateral on the loans is the chips themselves. That alone is alarming because a graphics card LOSES most of its value within a few years as the next generation makes it obsolete.

You are lending against an asset built to rot.

In January, Nvidia invested $2 billion straight into CoreWeave, which then used borrowed money to buy more Nvidia chips.

On March 31, CoreWeave closed an $8.5 billion loan backed by its chips, and for the first time the rating agencies stamped that chip-backed debt investment grade, with Moody's assigning it an A3.

Debt secured by depreciating graphics cards was rated nearly as SAFE as a blue-chip corporate bond.

Then on May 18, CoreWeave closed the first chip-backed facility designed to be publicly syndicated and traded on secondary markets.

And that's the part that really matters because it means this debt can now be sliced up, passed around, and bought by anyone, including the bond funds and pension managers who are required to hold "safe" investment-grade paper.

On June 11, it announced another $3.5 billion in bonds on top of all of it.

Now compare this to what happened in the past:

Subprime mortgages in 2007 were not dangerous because some people got loans they couldn't repay...

They became a global bomb the moment that debt got rated AAA and sold into the wider financial system, because the rating is what let it bleed into money market funds, pensions, and bank balance sheets that were supposed to be boring and safe.

The bad loans were the spark but the packaging and rating were the detonator.

And that detonator just got built for AI.

Debt backed by graphics cards is now rated investment grade and trades on secondary markets, which means the AI bubble is no longer trapped inside tech stocks you can choose not to own.

It has been quietly converted into bonds and routed toward the retirement accounts of people who have never typed a single prompt in their lives.

And the whole structure rests on a backlog of customer "commitments" that CoreWeave values at nearly $100 BILLION, backed by a $21 billion Meta deal and a $6 billion Jane Street deal.

Those are promises to pay over many years, made by AI companies that are themselves mostly unprofitable and burning cash. If even a few of those customers slow down or walk away, the collateral sitting under all this rated debt is a warehouse of chips losing value by the month.

The AI bubble used to be a stock-market story you could opt out of. But as of this spring, that isn't the case anymore.

So here's the real question:

When the people packaging this debt swear to you that it's safe, who do you think is standing on the other side of that trade?

[Francis Hunt - The Market Sniper, CMT (MBA) @themarketsniper]

"Debt backed by graphics cards is now rated investment grade and trades on secondary markets, which means the AI bubble is no longer trapped inside tech stocks you can choose not to own.

It has been quietly converted into bonds and routed toward the retirement accounts of people who have never typed a single prompt in their lives."

Your retirement funds and savings are being directed into low grade debt backed by rapidly depreciating chip 'assets'.

Uploading a TBTF status for the surveillance grid.

To ensure a QE print & bail out socialising the cost on the masses, privatising profits.

Also 'nation stating' an absolute imperative.

"We must throw ridiculous sums to win the AI war 'coz CHINA".

State throwing vast sums, at corporate facist unicorns, where intermediaries steal at ridiculous levels, US politicians front run statist contract awards.

Plus China wins the AI game anyway, on a fraction of the amount invested, on skills, no how and vast technical expertise.
@TheCryptoSniper

[How To Prompt @HowToPrompt__]

A toothpaste company has quietly killed the entire market research industry and nobody is talking about it.

Colgate published a paper showing you can predict real purchase intent at 90% accuracy by simply asking LLMs to roleplay customers.

And this is beyond insane.

If you ask an AI, "Rate this product from 1 to 5," it gives safe, middle-of-the-road garbage.

So researchers invented a method called Semantic Similarity Rating (SSR).

Instead of asking the AI for a number, they asked it to roleplay.

They gave the LLM a demographic profile. They showed it a product concept. And they asked it to write down its raw, unfiltered thoughts.

Then, they used a semantic model to translate those written thoughts into a numerical score.

The results are staggering.

Tested against 57 real corporate surveys and 9,300 actual human responses, the synthetic AI consumers matched real human buying behavior with 90% reliability.

They perfectly mirrored how different age brackets and income levels react to price changes.

And they provided detailed, qualitative feedback that was deeper and more critical than what actual humans wrote.

This destroys the economics of traditional market research.

You don't need to wait a month to see if a product will sell.

You can simulate 1,000 hyper-targeted customer interviews overnight.

You can A/B test pricing across every demographic instantly.

[Peter Epstein, MBA (NYU Stern School of Business) @peterepstein2]

https://t.co/ta9PP3SAhS

[Derrick Bilderbeek @dbilderbeek]

@TSXSVRS Congratulations!

[Silver Storm Mining (TSX-V: SVRS | OTCQB: SVRSF) @TSXSVRS]

Silver Storm Conducts First Pour of Silver-Gold Doré at La Parrilla

Full press release: https://t.co/GaGeboqJP0

TSX.V: $SVRS | OTCQX: $SVRSF | FSE: $SVR

[Eric Yeung 👍🚀🌕 @KingKong9888]

PCE Explained + Kevin Warsh’s Take 🧵

⭕️PCE = Personal Consumption Expenditures Price Index. The Fed’s preferred inflation gauge. Tracks what consumers actually pay for a broad basket of goods/services (unlike CPI). Core PCE strips out food & energy. Fed targets ~2%.

But new Fed Chair Kevin Warsh isn’t a fan of standard core PCE. He calls it only a “rough swag” too noisy from one off distortions and volatile outliers.

Warsh prefers trimmed mean PCE (Dallas Fed style): systematically removes the biggest price swings (high & low tails) each month for a cleaner signal on underlying inflation. Examples: wild drops in phone prices or spikes in freight costs get trimmed.

Why? Better isolates persistent generalized price pressures and their second order effects on the economy. Median PCE (Cleveland Fed) is another strong option he likes.

This could shift how the Fed thinks about policy.

#Fed #Inflation #PCE #KevinWarsh #Economy

[Financial Dystopia @financedystop]

Gen Z realizing one of the biggest shocks after college is that life no longer happens around you.

In school, friends, events, relationships, and opportunities are built into your environment.

As an adult, if you don't actively create a social life, weeks can turn into months surprisingly fast.

[Honza Černý @honzacern1]

Battle Without Honor Or Humanity playing in the background.

Silver drops.

Analysts panic.
Traders panic.
Tourists panic.

Meanwhile, I keep buying.
Not because I know tomorrow's price.
Not because I have a crystal ball.

Because after 13 years in this market, I learned one thing:

The biggest gains rarely go to the smartest people.
They go to the ones who refuse to quit when everyone else is running for the exit.

🥈

#Silver #PhysicalSilver #SilverSqueeze #BattleWithoutHonorOrHumanity #BuyTheDip #StayStacked #StackAccordingly #PreciousMetals #SoundMoney 🥈

[Felix Prehn 🐶 @felixprehn]

SpaceX, OpenAI and Anthropic are expected to raise a $200B IPO in the upcoming months.

S&P 500 funds must sell their top holdings to free up cash and buy them once they're public.

Your index fund's value will drop in the process.

That's the first "force":🧵

[Financelot @FinanceLancelot]

The 2026 AI bubble is different from the 2000 Dot-com bubble in one simple way. Unlike 25 years ago, this time the companies utilized private credit to fund the bubble instead of public markets.

While the sudden IPO surge of 1999 triggered a near vertical move in markets, that vertical move this time was fueled with debt instead of stocks.

The 2026 IPOs are not designed to fuel the bubble, they're designed to provide the liquidity necessary so the wealthy, early investors can get out.

To summarize, while the 1999 IPOs marked the beginning of the vertical move in markets, the 2026 IPOs will market its end.

[Diligent Denizen 🇺🇸 @DiligentDenizen]

https://t.co/t2R9G4QPjc

[Artur Nadolny @ArturNadol7566]

BEFORE YOU BOARD YOUR NEXT FLIGHT READ THIS

A former airline captain named John Hoyte reached out to me recently. He spent nearly 30 years flying commercial aircraft, developed serious neurological damage, lost his career, and has been trying to get this story properly investigated ever since.

He sent me documents spanning two decades. The scale of what is in them is HUGE.

What he shared includes parliamentary records, a 320-page published report from the British pilots union, @BBC coverage, House of Lords testimony, and active litigation in multiple countries. This has been heard at the highest levels. It has largely been buried.

Most commercial jet aircraft use a system called bleed air. Instead of drawing fresh air from outside, the plane takes compressed air directly from the engines and pumps it into the cabin. That is the air you breathe for the entire flight.

When engine seals wear down, oil and hydraulic fluid can leak into that air supply. Those fluids contain organophosphates, the same compounds found in certain pesticides and nerve agents. Inhaling them can cause neurological damage, memory loss, and chronic fatigue. In documented cases, far worse.

This design has been in use since the 1950s. The health risk has been documented for just as long.

In 2005, @BALPApilots, the British pilots union, published a full conference report on this with the University of New South Wales. The following year, 27 BALPA pilots were tested by University College London. All 27 showed evidence of toxic poisoning and reduced cognitive function. Not some of them. All of them.

@BBCPanorama covered it in 2008. The House of Lords Science and Technology Committee heard evidence on it in 2007 and 2008. In February 2007, 40 unrelated passengers on a single XL Airways flight were seriously injured by contaminated cabin air. Their cases went to court. Twenty of them won a US jurisdiction ruling in 2010.

A UK coroner recorded a death linked to this in 2015.

France has formally recognised aerotoxic syndrome as an occupational disease. In the US, a law professor is suing Boeing for $40 million after a single exposure left him permanently injured. Morgan & Morgan, America's largest personal injury firm, is now actively taking mass cases on behalf of passengers and crew.

John himself was one of those 27 pilots tested by UCL. He founded the Aerotoxic Association in 2007 at the Houses of Parliament to support other survivors. He has been fighting for this for nearly 20 years.

Almost every commercial jet aircraft except the Boeing 787 Dreamliner uses the bleed air system. The 787 uses a different design that avoids this problem entirely. That safer design has existed for years. That fact alone says everything.

BBC has not covered this story since 2020. The UK Civil Aviation Authority continues to say there is no positive evidence of a link. The Aerotoxic Association has been contacted by more than 2,500 people who believe they have been affected.

John is looking for mainstream investigative journalists who want to dig deep into this. He is an expert witness with decades of evidence and is willing to answer every question. He has a passenger injured on that 2007 flight, Samantha Sabatino, whose case is in the parliamentary record.

This is a genuine story of enormous public interest and it deserves proper investigation.

If you are a journalist or researcher and want to speak to John directly, his contact details are in the comments.

I will add media coverage links in the comments section.

Sources:
@AerotoxicAssoc (Aerotoxic Association)
@BALPApilots (British Airline Pilots Association) @forthepeople (Morgan & Morgan)
gcaqe org (Global Cabin Air Quality Executive)

@BBCPanorama covered it in 2008 with a full documentary titled Something in the Air.

@heraldtweets
@WSJ
@FlightGlobal
@TheCanaryUK
@the_ecologist

[The Gulag @WelcomeTheGulag]

Michael Parenti spent his life ripping the mask off propaganda

"The third world is not poor. It's plundered"

[Abier @abierkhatib]

I’m convinced America is one massive meme…

For what he paid just to get 5 stitches, I’d be chilling a whole week in the Dead Sea or Sharm 😭

Insane story