Markets celebrated the Iran uncertainty unwind. Too early. A quick US air strike is one scenario. Boots on the ground — which the terrain, the IRGC structure, and 90 million people make almost inevitable if objectives go beyond airfields — is a completely different macro regime.

Thanks for the cheapies..

After killing most of the new Ayatollah’s family, i doubt they are keen to discuss anything

TRUMP: "I don't want to brag, but...no other president can do some of the sh*t I'm doing." He is itching to go down in history, this second term is going to be disastrous.

WE DON’T HAVE FREE MARKETS

Iran not pleased

As everyone is focused on Oil now, they move their tactics back to Gold … slam 🏴‍☠️ Gavin

Their method is to lie and manipulate the charts, print and move in the background - drip feed these “headlines” to produce some excuse/narrative to explain the move. Each leg down in Oil was the same: -SPR -Trump -Chris Wright It’s all controlled and no one cares

When are they going to slam Oil back down ? Feels due

A lot happened over the weekend. Risk assets are in trouble. $HYPE has been my risk-on barometer — the strongest performer in crypto. It topped at $38 and looks set to drop. Gold was flashing liquidity warning signsThu/Fri along with the move in Oil. The Iran situation runs

You think we have free markets ? - Markets under pressure - Drop a geopolitical headline (Trump/Iran talks) - Iran denies it within minutes - Doesn't matter — algos already ripped 3% - Use the window to print & distribute in the background

If we get a flash flush into the $3,000's on a liquidity scare, I'm backing up the truck on $PDGC $MAI and physical - Gold going to have a killer decade $20k+

Use this pullback wisely

Watch for escalation in Iran and the liquidity flush next week. “Weeks where decades happen”

Sit tight for a flush on the close — next week is going to be a very busy one in markets. ZN — the US long bond — is about to detonate. Something we've been watching for years and the setup has never been cleaner. Liquidity is thin into the close, VIX is tempting fate and BTC is