75 Gulf Energy Assets Damaged In U.S.-Iran War As Supply Shock Intensifies

CIA Document Sparks Wild Theories Of Ancient Knowledge Hidden Under Egypt's Sphinx Authored by Steve Watson via Modernity.news, A declassified CIA document that references a “Temple under Sphinx” in a 76 year old photographic inventory, has reignited interest in a mythical Hall of Records said to lie beneath Egypt’s Great Sphinx. The document in question is a CIA inventory cataloging black-and-white photo negatives from July 1950. Among routine entries such as “Sphinx,” “Tourist at Pyramids,” and “Ruins near Sphinx” appears the line: “Temple under Sphinx; July ’50.” This phrasing has prompted renewed discussion about possible hidden structures...

Turkey Liquidated Almost All Of Its US Treasuries In March To Defend Crashing Lira Two months ago, at the end of March, we reported that Turkey was aggressively dumping its gold reserves in a panic scramble to obtain dollar funding, which Erdogan's regime was using to keep the Turkish lira from crashing, and to also pay for energy imports which had suddenly soared in price as a result of the Iran war. The violent selling by Turkey (and other emerging markets) was behind the brutal plunge in gold prices, which tumbled...

Leopold Aschenbrenner's Short Seller Fairy Tale Submitted by QTR's Fringe Finance Leopold Aschenbrenner’s hedge fund, stuffed like the ass of a Thanksgiving turkey with every trendy AI name you could throw a dart at, reportedly suffered one of the most spectacular drawdowns of recent memory, losing roughly 67% in July after a series of heavily leveraged bets went violently against it. According to the Wall Street Journal, the losses became severe enough to trigger margin calls, forcing the firm into emergency asset sales. Public positions were reportedly sold to Citadel to raise liquidity,...