Ferrous

i stand by this statement

$MIN.ax Not a lot of wiggle room to be a hero, Fe 62% at $80 USD and these guys are losing money across both assets (they are already losing money on Pilbara Hub). Freight to Qingdao has exploded this year with bunker costs so these guys are cooked again.

$SMCI is an absolute dog and going to $10

metal bulls especially in Australia really need to take a strong look under the hood of the chinese economy and then balance that against the economies of their export markets. There is no bullish story for copper, lithium or iron ore.

the most hated rally will be the melt up in hardware we will see over the next few weeks as all the retards that thought they were the next Michael Burry for thinking they understand coreweave CDS get fleeced for everything

now hardware is in the toilet, let the SaaStober begin

Guy Ritchie the GOAT by the way

$GOOG CFO deserves a most based CFO award after dumping 80bn of equity on retail at the tippy top

guys the consumer is fine!

rotation into software begins..

we are in deep scam territory in the market where even the guys that produce the garbage bins for data centres have a 1500 p/e, crazy to watch