No DJT You do Not have a Hormuz Deal

8/10/2026 that is the opinion of myself, que drum roll, and Mike Pompeo, former Defense Secy as I recall. But that has not stopped DJT from claiming Hormuz is open Tell that to the enerby sector which screamed to the upsdide today. My original call was correct Iran is abn energy bull's friend as COP and APA made impressive upsdie jumps. The jumps were so impressive I can see a sligth pullback tomorrow, still a great idea. Iran and my self remain convinced DJT will see high gasoline prices right into the mid-terms. WSJ scan A couple oaid $32K for a six month carpentry class for their son which strikes me as really pricey but they also borrowed the money. A car wreck later son is alive but unable to carpenter, The 71 year old couple is still stuck with the $28K debt with nothing but SS pmts to retire the debt. How many stories are there like this or about to be? Private equity has had investor requests for a return of their money, which caused the borrowers to cap returns at less than requested. Hmm, Blue Owl has ralled form 8 to 11 but it was 24 at the start of 225, looks like a dead cat bounce to me. Point is, debt abounds and every crisis starts with a debt implosion. SPCX returned to its offer price of $135 today after soaring to 220 and dropping below 135, no lack of excitement. It occurs to me that IPO equity financing is debt with such a flourish, big things will happen. that there is not promise of repayment, we're just borrowing your money without that promise. Interest rates continue slowing advancing, so my analogy to 1973, higher energy prices and interest ates is still intact. silver moves higher but not topped out yet. In fact I do have the ability to post charts and will do so as warrants.