Paolo Bernardi
“Only time can heal what reason cannot.” Seneca
Neminem Laedere
Environment Economy International policies
Energy Agriculture Human and Animal Rights
Allergic to dictators
Never advice
- Expected. To give you an idea of the level of backwardation in silver consider its convenience yield. Normally is 0.3/0.5%… (LME 1 month). July 2025: 6% October 2025: 32-39% January 2026: ~8%. SLV ETF alone held 15,443metric tons = 7 months of global mine output locked…
- 👀 presidential flight restriction for Superbowl?
- ADP Jan 26 Private payrolls just +22,000... several public companies particularly in the delivery distribution cutting... this is the start of a contraction. www.cnbc.com/2026/02/04/a...
- Coming to a country close to you.
- Russian comedian jailed nearly six years over war veteran joke reut.rs/3NOt8Mt
- Hegseth is a continuous source of great material for SNL
- $PLTR tot revenue 4.475B expected to go to ... 7 Enterprise Value to EBITDA 231.8x mkt cap check notes... 352.18B +11.28% pre market
- "Pecunia non olet" Money doesn't stink said Emperor Vespasian shoving a coin under the nose of his son Titus. It does actually, that is why it must be washed
- FED pick Warsh went to Epstein island too?
- Former Tennessee Libertarian party chair @joshuaeakle.com notices how many in Trump’s cabinet/inner circle are in the files — and theorizes maybe this is no coincidence
- Couple days ago @johnauthers.bsky.social wrote about currencies and gold pointing out like the latter is powered by China CIPS (sort of alternative to Swift growing fast - more below). Kotox of Cumberland Advisors has a great point. 🎁 www.bloomberg.com/opinion/news...
- CIPS has been increasing in volume fast 43% in 2024 and +28% just first quarter 25 with 171 direct and 1514 indirect participants 75% Asia rest Europe. It costs 0.01% so lower end of Swifts (that CIPS) uses too. And kills crypto there. It’s a petroyuan settlement system which is backed to gold.
- Gosh so sad. youtu.be/75HX7RJCJ_8?...
