Nic

Founder @coinbureau | Ex @GoldmanSachs | Mensa | Posts not financial advice |

[Nic @puckrin]

Oil is flooding out of Hormuz.

Tanker data says crude flows are running at the fastest pace since the war began.

20m barrels moved through in 3 days.

Additionally, the US has issued waivers on the sale of Iranian crude.

The chokepoint risk premium is collapsing.

[Nic @puckrin]

@husseinb He opened borders? Didn't really follow too much during that period

[Nic @puckrin]

10 years on from Brexit, a majority of Brits would now vote to REJOIN the EU.

How badly do things have to be going to consider this?

[Nic @puckrin]

@Bhavin40324 Populist anger looking for an escape valve.

[Nic @puckrin]

@RaulCena3 Thanks mate!

[Nic @puckrin]

In the past 100 years, the UK has had 21 Prime Ministers.

But in the past 10 years alone, it has had 6 - soon to be 7.

[Nic @puckrin]

The Dollar is on the brink of its highest daily close in over a year!

Hawkish FOMC has sent the DXY surging - weighing on risk assets.

[Nic @puckrin]

@RaulCena3 Sad to say mate.

[Nic @puckrin]

@indeclin3 Really tragic

[Nic @puckrin]

@0xKrypston They are saying that very loudly:

https://t.co/c2kZnfLnKk

[Nic @puckrin]

@robchilds1992 Traded highly skilled EU migration for refugees

[Nic @puckrin]

Absolutely incredible.

The Yen is on the brink of breaking through a 161 - a 40 year low!

FX interventions are doing NOTHING.

The BOJ needs to hike faster - but that's easier said than done.

The massive debt load complicates it.

This should be a global warning.

[Nic @puckrin]

Japan is now defending the yen by selling US debt.

Foreign securities held by Japan fell $75.6bn in May.

FX intervention was $73.4bn.

The largest foreign holder of Treasuries is now being forced to sell them to defend its currency.

A weak yen is becoming a US problem.

[Nic @puckrin]

@FlowStateXR Yeah. Whatever you think about him, he was voted in. They should call another election and take it to the electorate.

[Nic @puckrin]

The UK's Prime Minister is going to resign tomorrow apparently.

The country is moving onto their 7th leader of the last decade!

The new PM is going to double down on socialist policies.

Watch UK bonds collapse tomorrow.

Watch the tax base continue to emigrate.

[Nic @puckrin]

@ultrapiscine Will his replacement last longer than a head of lettuce?

[Nic @puckrin]

@husseinb Laughs in Dubai 😅

[Nic @puckrin]

@JcardinaJ Agreed but at least in Canada they had a choice to vote. Here its a hot swap with no general election.

[Nic @puckrin]

@hammundi7 Well, it's all a circus with one clown replacing the other.