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Money & Markets
Long term pain
John Titus and Catherine Austin Fitts review an “unprecedented” week with 12 videos, arguing that the Iran war is rapidly destabilizing energy and supply chains as the Strait of Hormuz disruption drives oil higher, threatens LNG production (Qatar force majeure), and spikes fertilizer costs for U.S. farmers. They discuss Iran striking U.S. bases and communications, a cost-and-time imbalance in air defenses, and warnings that the conflict could break Western economies and markets. Domestically, they cover private credit fund withdrawal gates at BlackRock and others, concerns over pension marks, and claims that DHS/ICE actions target dissent, including reports that many accused “attackers” are U.S. citizens with no convictions. They also discuss European vulnerability to gas, shifting Russia sanctions, Israeli intelligence ties in U.S. tech, proposed local ICE partnerships, and Solari updates on local politics, programmable money, scams, impersonation alerts, and resilience actions like gardening.
00:00 Welcome and Week Ahead
01:03 Private Credit Gates
05:21 Morgan Stanley and 2008 Echoes
06:21 Nasdaq Kraken 24 7 Trading
07:02 DHS Noem Fallout
11:34 Crackdown on Dissent
15:45 Iran War Trade Lanes
21:35 US Bases Hit in Gulf
25:29 Drone Swarms Cost War
33:54 Propaganda Short Term Pain
38:05 Energy Shock and Famine Risk
41:36 Leadership Contrast and Polls
58:08 Europe Gas Squeeze
59:19 Europe Cut Out Deal
59:48 Gas Prices Surge
01:00:18 India Oil Shock Risks
01:01:41 BRICS Fractures Exposed
01:02:50 China Spokesman Pushback
01:05:55 Dog King Leadership
01:07:48 Israeli Spies In Tech
01:12:38 Sanctions And Oil Supply
01:15:36 Europe Weapons Shortage
01:20:03 Data Center Company Towns
01:25:59 Idaho ICE Mandate
01:32:56 Massey And Pushback
01:35:17 Billionaire Decade Charts
01:39:04 Oil Dollar Lockdowns
01:41:19 Local Politics Toolkit
01:42:58 Programmable Money Fight
01:48:17 Gold IRA Scam Warning
01:50:53 Impersonation Crackdown
01:52:38 Resilience And Signoff
Latest solari report & ask catherine
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Will M&M be tonight, or Friday? Thanks!
I was wondering as well, while waiting for the .
I guess we’ll have to wait until tomorrow night. 🙂
Thanks for your patience. Had to cancel trip to Europe to stay back to testify in TN. Had to delay recording for one day.
Seconded!
Thank you for the amazing work you’re doing Catherine!
I was SO confused! Someone on Solari Connect filled me in. I really look forward to Catherine and John.
Catherine was right. States are barring feds from ‘protecting’ polling locations (yes, polling is a crazy thing in NM and we have it all year it seems). Now this time Feds are ICE, and the governor had already said ICE couldn’t be on or use state property or resources (I thought this would allow ICE to do what they wanted).
https://www.kob.com/new-mexico/albuquerque-metro/federal-distrust-prompts-some-democratic-states-to-protect-polling-places-election-records/
Canada update here on tokenization and digital money:
For anyone looking for a reasonable discussion of what tokenization of assets means by two respected members of the finance community here’s a two part (1.5 hr total time) podcast. Peter Haynes is a long time market structure expert for TD bank, and Brett Redfearn a US market structure guru (JPM, SEC), and their discussion goes beyond the pablum you get from talking heads in a 5 min clip. While I don’t endorse either, I will say the discussion was the most informative that I’ve heard on this topic so far. Especially interesting is Peter digs into some of the more problematic issues around implementation and privacy that any institutional operation is going to be worried about, and Brett doesn’t try to dodge the questions. Its still a sales pitch, but to an informed buyer. If you’re a Solari subscriber you’ll know what’s BS and still learn a lot about how they plan to do this.
https://www.tdsecurities.com/ca/en/bid-out-episode-76
https://www.tdsecurities.com/ca/en/bid-out-episode-77
Speaking of tokenization, Canada also just approved a pilot for our first fully tokenized govt bond transaction between TD Bank and RBC using a Canadian CBDC in a pilot program. From CIRO (Cad version of the SEC)
https://www.ciro.ca/newsroom/publications/ciros-innovatesafe-test-involving-tokenized-bond-offering
“The approved participants will test a blockchain-based platform for the issuance, lifecycle management, and secondary proprietary trading of tokenized bonds, settled using digital Canadian currency issued by the Bank of Canada.”
John Titus on Hegseth’s Oval Office presser at 45:53:
“What was that? Was that a rap audition?”
I laughed out loud at that, my thoughts exactly!
Thanks for the humor in these interesting times.
I laughed too! Hegseth was so bizarre. I thought maybe football pregame but rap describes it!
Seems like john and catherine are flinging anything and everthing they can find to smear trump with. I am very open to good arguments against many of the things he’s doing, but half of what they raise is petty BS. I couldnt care less if Iran and China have polished PR guys or if hegseth banned photos at the pentagon. Suggest fewer but mote substantive discussions
Fred:
Hard for people who love their country to watch it needlessly destroyed. Has been hard since 1991 and I have tried to maintain my patience and good manners. But grifting and lying wears it down.
Catherine
The Canadian government is proposing a law to give far reaching audit powers to the Canadian Revenue Agency (CRA). I would like to encourage every Canadian to seriously consider to contact their MP about this matter. Another attack on our freedom which could be with far reaching financial consequences.
The federal government has tabled legislation that would give the CRA three unprecedented new audit powers. These proposals bypass judicial oversight and grant individual CRA auditors the ability to impose penalties and compel testimony without court authorization.
The 3 proposed powers are:
1. Sworn testimony under oath during a routine audit
2. $50/day penalty without going to court, when CRA deems non-compliance
3. When penalty is issued, the normal reassessment period is frozen and could also be extend to all family members.
For more information and what action could be taken watch the following:
https://www.youtube.com/watch?v=ekt9CqQaTNw