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02-05-26  spal

Could the U.S. Remain a Healthy, Consumer-Led Economy Without Reserve-Currency Status?

Yes. The U.S. could remain a healthy, consumer-led economy without reserve-currency status, though it would operate under tighter constraints and with fewer distortions. Reserve status amplifies the U.S. consumption model; it does not create it.

The dollar’s reserve role provides three real benefits: cheaper borrowing, tolerance for persistent trade deficits, and crisis-time capital inflows. These advantages make consumption easier to sustain at scale by suppressing interest rates and import prices. However, they are financial conveniences, not the underlying drivers of demand.

Consumption is fundamentally driven by employment, wages, household balance sheets, credit availability, and confidence in domestic institutions. None of these require reserve-currency status. The U.S. consumes because it generates high income through services, technology, IP, healthcare, finance, and logistics — not because foreigners hold Treasuries.

If the U.S. lost reserve status, the adjustment would be meaningful but not catastrophic. Interest rates would rise, the dollar would weaken, imports would become more expensive, and trade deficits would narrow. Consumption would shift toward domestic goods and services, credit growth would slow, and fiscal discipline would matter more. This represents rebalancing, not collapse.

Other advanced economies — including the UK, Canada, and Australia — remain consumer-led without issuing the world’s reserve currency. They grow more cyclically and with less external subsidy, but they function.

The U.S. is uniquely well positioned to adapt due to deep capital markets, flexible labor, strong institutions, and a massive internal market.

Historically, the U.S. was consumer-driven even before full dollar dominance.

The true risk is political, not economic: failing to adjust policy as external privileges fade. Managed competently, a post-reserve U.S. economy would still be consumer-led — just less artificially supported and more domestically anchored.

Reserve currency status turbocharges consumption. It is not the engine.

02-05-26  spal

Why a “Consumer Economy” Is Not a Weak or Non-Productive Economy

The claim that the U.S. economy is “weak” because it is consumption-driven misunderstands how modern, high-income economies function. Consumption is not a sign of stagnation or freeloading; it is the primary transmission mechanism through which production, investment, and innovation are coordinated.

The distinction here would be therefore who drives the economic decisions ... e.g. Consumers or the state for instance in a command or a military economy or in a state led socialist system (e.g. a 5 year plan).


As of late 2025, consumer spending accounts for roughly 68% of U.S. GDP, a share that has been remarkably stable for decades. That fact alone does not imply fragility. It reflects the structure of a mature economy where value creation increasingly occurs in services, technology, healthcare, education, and intellectual property rather than low-margin manufacturing.

Recent data reinforce this point. Real personal consumption expenditures grew about 2.5% annualized in Q4 2025, with monthly real PCE running near 0.3% late in the year. Retail sales rose roughly 3.3% year-over-year in November 2025, supporting production across autos, electronics, logistics, and services. Far from hollowing out output, consumer demand continues to pull production forward.

The idea that consumption is “frivolous” also collapses under inspection of what Americans consume. Roughly 65% of PCE is services, including healthcare, housing services, education, software, financial services, and professional services. These are productivity-enhancing sectors that build human capital, raise efficiency, and support innovation. This is not an economy of "lattes and imports”; it is an economy monetizing knowledge, scale, and networks.

The lesson here is actually where the spending goes - as above.


On production, the U.S. remains one of the largest and most sophisticated producers in the world. Nominal GDP reached roughly $30.6 trillion in 2025, with services representing about 80% of output.

80% services ... but what else would you expect. This is called a post-Industrial economy. This makes total sense.


The U.S. exports high-value goods, services, and intellectual property totaling more than $3 trillion annually, including software, aerospace, pharmaceuticals, energy services, and advanced manufacturing.

"A trade deficit in low-cost goods reflects comparative advantage, not economic decay"

Macro indicators support this resilience. Full-year GDP growth in 2025 was about 2.3%, with Q3 growth near 4.4% annualized, outperforming many export-dependent economies facing global slowdowns. Unemployment stood around 4.4% in January 2026, wage growth ran near 3.8% in 2025, and inflation cooled to roughly 2.7%, allowing real incomes to stabilize.

Household balance sheets remain strong, with net worth near $182 trillion and debt service around 9.5% of income, historically low.


182 trillion - this even includes Schpal's contribution ...


Confidence has softened—Conference Board readings near the mid-80s and Michigan sentiment in the mid-50s reflect policy uncertainty—but “soft confidence” has not translated into collapsing demand or production. Manufacturing PMIs around 51–52 suggest modest expansion, not contraction.

Finally, inequality remains a challenge (Gini ~0.42), but overall well-being remains high, with HDI around 0.94, placing the U.S. among the world’s most developed economies.

Bottom line: Consumption is not economic dead weight.

It is the "engine" that coordinates investment, production, and innovation in a high-value economy. Strip it away, and production stalls. Keep it healthy, and the system continues to compound—even amid global volatility.


====

And though the dogs may bark ... the caravan moves on ...

02-05-26  savo

desperate psycho wants elections soon, the longer Delcy stays... the more difficult it will be to beat her:

WASHINGTON, Feb 5 (Reuters) - Venezuelan opposition leader Maria Corina Machado said she believed elections could be held in her country later this year, speaking to Politico in an interview released on Thursday.
"We believe that a real transferring process with manual voting … could be done in nine to 10 months," Machado said. "But, well, that depends when you start."

02-05-26  panasonic

Spal, deal :-)))

02-05-26  spal


Spal, zero no way! at $1 we colores can buy Saylor's position and start colores crypto fund.


===

Ok - sounds good - as long as you agree to be the new front man.

;))

02-05-26  savo

so silver is coming down because some chinese bloke is selling what he does not have... wait for the moment he needs to buy it back.

Bloomberg) -- A billionaire Chinese trader who made his name riding gold’s record-breaking rally has turned his sights to silver’s breakneck surge, with a bet on the metal’s collapse now worth almost $300 million.
Bian Ximing, who avoids the limelight and spends much of his time in Gibraltar, has made nearly $3 billion from bullish bets on Shanghai Futures Exchange gold contracts since early 2022. He has now built the bourse’s largest net short position in silver, according to Bloomberg analysis of exchange data and people with knowledge of his investments. They asked not to be named as the information is not public.
Bian’s big short comes with significant risk, and he has been forced to liquidate some positions at a loss in a volatile silver market. But he now holds a short that stands at about 450 tons of silver, or 30,000 contracts — so the metal’s sharp drop since last week has resulted in a paper gain of about 2 billion yuan ($288 million). 
Including previous losses, Bian stands to make a net profit of around 1 billion yuan, based on his position and prices at the end of Tuesday. Silver is again sliding in Thursday trade and has tumbled more than 16% — almost certainly significantly increasing Bian’s proceeds. 
Bian Is Betting on Silver's DropThe billionaire has built the largest net short position on the Shanghai exchangeNet short positions on silver

Bian, through his brokerage Zhongcai Futures Co., began ramping up silver shorts in the final week of January, according to exchange data. SHFE does not detail the identity of individual investors behind brokerage accounts, but the people said Bian’s own bets — and products he directly manages for a small number of clients — make up the bulk of the company’s precious metals positions.
Bian and Zhongcai Futures did not respond to emails seeking comment. 
Exchange data showed Zhongcai’s silver short position surged to about 18,000 lots on Jan. 28. It climbed further to about 28,000 lots on Jan. 30, when the metal in Shanghai reached an all-time high. 

China’s Big Short

Bian’s bet comes as weeks of dramatic price swings are beginning to prompt market watchers to rethink their single approach to precious metals. While many institutional investors continue to view gold as a hedge against interest-rate shifts, central-bank buying and global uncertainty, silver’s surge is increasingly seen as an industrial rally pushed higher largely by speculative positioning — not economic and other fundamental factors.

Bian gained notoriety in China’s futures markets for aggressively bullish bets on gold that began nearly four years ago. He is one of a handful of larger-than-life characters that have dominated commodities trading since the economic boom began more than two decades ago. Unlike many of his peers, he has stood out for his seclusion — and for the loyal following his musings on investment philosophy have garnered online.
From August last year, he built a long position in silver that generated more than 1.3 billion yuan in profit, according to calculations based on exchange data.
In November, however, he began shifting his position, attempting to call the top of the rally with tentative moves that occasionally left him on the losing side of trades. From last week, however, Bian held his short position with conviction, spreading his exposure across longer-dated contracts and holding it through upward price swings.
The sharp selloff has, for now, rewarded his strategy.

02-05-26  carib

Panas:
:~)

02-05-26  panasonic

Spal, zero no way! at $1 we colores can buy Saylor's position and start colores crypto fund.

02-05-26  spal

Richard Farr, chief market strategist and partner at Pivotus Partners, has issued a stark prediction for Bitcoin (BTC-USD), setting a price target of zero for the cryptocurrency.

“Our BTC price target is 0.0. That’s not just for shock factor. It’s where the math takes us,” the strategist said, noting that Bitcoin (BTC-USD) has failed to function as a dollar hedge and instead operates as “a speculative instrument correlated to the Nasdaq.”

According to Farr, the cryptocurrency faces insurmountable obstacles in gaining institutional adoption or serving as a legitimate medium of exchange.

“No serious central bank will ever own something where Michael Saylor controls the float,” he said on X, referring to the Strategy (MSTR) executive who has accumulated massive bitcoin holdings.

The strategist also criticized Bitcoin’s environmental impact, stating that miners “are bleeding cash” while the network remains “horribly inefficient as a transaction processor and wastes tremendous amounts of energy.”

Farr’s assessment aligns with warnings from Michael Burry, the investor known for predicting the 2008 financial crisis, who cautioned that falling Bitcoin (BTC-USD) prices could trigger a self-reinforcing “death spiral.”

Burry noted that Bitcoin, down more than 40% from its October peak, is now “exposed as a completely speculative asset” that does not qualify as a debasement hedge like gold (XAUUSD:CUR) or silver (XAGUSD:CUR). “Sickening scenarios have now come within reach,” the investor wrote in a Substack post.


02-05-26  victor

pt, thanks, good post.

02-05-26  spal

PT - keep as posted on you shorts ... s'il vous plaît

02-05-26  patient-trader

Victor, I am short Tesla because they looked very weak. Google is very much on vogue because they have the best AI model currently. I think we see a big shift in sentiment over the next months, possibly a market crash. Now, one can play the market from the short side much safer because the bubble has been pricked. What I am looking for are weak volatile companies which can be shorted cheaply and who will be clobbered anyway. I wouldn't short Google now.

02-05-26  carib

In a nutshell: creditors like high rates with no default. debtors like to deflate debt with negative rates. the US is a large debtor.

02-05-26  carib

Savo: I would also like a world with strong currencies and positive interest rates. I just do not see the USA doing this, and I have to deal with the circumstances we get.
Deleveraging rarely causes stronger growth. Midterms are in nine months.

02-05-26  spal

Panas - yes some of the bitcoin miners must be ready to blow up.

02-05-26  panasonic

Spal, it will get even more interesting when a few private capital firms blow in pieces.

02-05-26  spal

Assessment of Acute Financial Stress

Strategy is not in immediate distress but faces growing risks if Bitcoin remains below $76,000 for an extended period or drops further.

Low Risk of Forced Liquidation: All 713k BTC is unencumbered, with no covenants triggering sales. CEO Phong Le stated sales would only occur under "extreme stress" if market cap falls below BTC value.

Break-Even Threshold: Bitcoin needs to stay above $76,000 for breakeven; below $60,000, liabilities could exceed BTC value, turning equity negative and complicating refinancing.

External Factors: Potential $2.8–$9 billion in forced selling from MSCI index exclusion (decision Jan 15, 2026) could add pressure. Broader crypto selloffs (e.g., via ETFs) amplify volatility. However, Strategy's software revenue (~$500 million annually) provides some diversification, though it's dwarfed by BTC exposure.

Proximity to Stress: Moderate—reserves cover 2+ years, and flexibility exists, but a sustained BTC drop to $60,000–$65,000 (pushing losses to $6–$8 billion) could force sales or bankruptcy risks if debt refinancing fails.

Strategy's model is resilient short-term but vulnerable to prolonged bear markets.

No signs of acute stress yet, but monitoring BTC price and capital access is key.

....

Below 60K on a sustained basis and he is in trouble.


02-05-26  victor

savo, spal
a few years ago, when btc had a big drop, saylor didnt go broke.

so why should he go broke now? what is different this time?

02-05-26  spal

Savo I am with you on Saylor - I want this to go down harder than Enron. It is a fraud of bigger proportions.

02-05-26  spal

Bitcoin ... doom loop is close

02-05-26  spal

ARMN
ARIS MNG CORP


Adding at these levels and dips. Gold miner in Colombia. Very good management and promotors. Just approved for NYSE uplisting.

02-05-26  spal

CRS - trying to find upward momentum in this market. Fortress USA position.

DHT - moving up - tanker rates strong - outlook holding.

02-05-26  panasonic

MSTR unsecured prefs will send a few private capital firms to a very cold reality.

02-05-26  panasonic

PT, the bull side for Googl, they can finance all their AI needs using cash flow, all others need to get in substantial debt.

Imho Google will eat them alive.

Aaple sided with their archi-enemy Google for a reason, just my 2 cents.

02-05-26  spal

Bitcoin USD Price (BTC-USD)

69,850.77

(-6.92%)

02-05-26  spal

PT - good prediction on AI / Google and interesting comment.

02-05-26  savo

carib.. i think you got it backwards... in a world of real positive rates people will be willing to save more... not less... and when there are more savings there are more investments and the standard of living goes up not down.

In a financial repressed world people save less and consume more... produce less and imports more... hence the BoT deficits.

The US .. the typical example... does not produce what it consumes... has a bot deficit... pays with freely printed dollars... achieves a standard of living beyond its means... the moment the USD stops being the reserve currency the US will have to consume less... save more... invest more and produce more...which will be good for the US and the rest of the world.

02-05-26  carib

The convincing argument against targeting 0% inflation was made by Krugman: inflation is an average, and and an average of 0% necessarily implies some prices decreasing and some increasing, which is normal, but also some salaries increasing and some decreasing.Now, it is clearly much easier to have some salaries decreasing in real terms but not in absolute figures, for self evident reasons. Likewise, it is easier to have real negative rates that nominal negative rates, again self evident.
a 2% average inflation is perhaps a bar the average human brain fails to feel as significant, in real life.

02-05-26  carib

Savo: firstly, we live and invest in the existing economy, not in the one we wished to have.
Second, I suppose that in a very deleveraged economy incomes and employment would be lower, together with some real estate prices.
Not really a good place to move to.
But anyway, it does not depend on us.The reality is US inflation is around 3% and EU inflation around 2%,and the incentive to save and lend money at real rates which are close to zero after tax is very modest.
Not so in Brasil, where after tax rates are about 12%, and inflation is 5.

02-05-26  pillz

What happens in the scenario where written options are not exercised and you only get the premium? 'In that case, the capital gains tax does not apply', it reads.

02-05-26  pillz

it is for the new 10% tax on profit, soo, I will not need to pay it :)

02-05-26  pillz

Wat gebeurt er in het scenario waarin geschreven opties niet worden uitgeoefend en u alleen de premie krijgt? ‘In dat geval is de meerwaardebelasting niet van toepassing', luidt het.

02-05-26  pillz

One billionaire Chinese trader who’s betting against silver is sitting on a $300 million paper gain.

02-05-26  pillz

Vic , good question ...

02-05-26  victor

pt, are you betting on this scenario?

02-05-26  patient-trader

Googles announcement that they spent significantly more than the market expects confirms that they are not an advertising company with juicy margins anymore but some sort of utility which does not produce water or electricity but AI.
Google will be a boring stock trading at much lower multiples.

Before the Dotcom bust, the "Internet" was hot stuff. After Dotcom the Internet was just a commodity used by others to build a business.
The same will happen with AI. It will be just a commodity. And Google will become a sort of Cisco. IMVHO


02-05-26  spal

Burry warned that additional declines could quickly pressure the balance sheets of major holders, spark forced selling across the crypto ecosystem, and lead to broad value destruction.

“Sickening scenarios have now come within reach,” Burry wrote. Should Bitcoin fall another 10%, Strategy Inc., the world’s largest corporate crypto treasury, would be billions in the red and “find capital markets essentially closed.” Additional drops, he said, would push Bitcoin miners toward bankruptcy.

Burry added that "there is no organic use case reason for Bitcoin to slow or stop its descent," and that the token's adoption by corporate treasuries and new crypto-linked spot exchange-traded funds is not enough to buoy its price indefinitely.

02-05-26  spal

Bitcoin falling in after hours trading now $71,860

02-05-26  savo

carib.. i did buy furniture over time... and my last rental was unfurnished.

the point I am trying to make is that everybody expects some inflation... and loans devalue with it while home appreciate with it... hence people want a mortgage to buy a house.

I think this is very bad for society... and younger generations have to share the place where they live.

In a hard money economy... home prices would not increase and those who save can obtain real positive interest and eventually hae the money for a downpayment.


02-04-26  carib

yearly reports (typo)

02-04-26  carib

PS: statistics give a useful picture, I think.
If one looks to the early reports on asset allocation by UHNWIs, one sees a relevant (but not very high) % is in real estate, usually referring to residences used by the family.
Going down the ladder, almost all the people I employed either owned a home, or wished they could afford a mortgage.
That is my personal experience.

02-04-26  carib

Savo: I also preferred to rent, until I reached age 40.
Maybe most colores rent all their lives, but we are a small minority.
In the countries where I lived, a significant majority of families owned their home, and a significant portions of non-owners did no buy essentially because they cannot afford a 20% downpayment.
On this issue, I agree with Mrs Thatcher that considered home ownership a bastion of stable capitalism.
not everyone likes to remodel kitchens or have custom build houses,or at least buy their own furniture, paintings, carpets, etc. that is true, but most of the people who have sufficient means like to do that, maybe delegating tasks to a wife or an architect. The only time I rented a furnished flat was when I was 24, had no capital and knew that was just for 6 months.
Cheers.

02-04-26  spal

"the authority to buy bitcoin or other cryptos."

Fuck these guys.


02-04-26  spal

So far Bessant is doing his job exceptionally well. Just my opinion.

02-04-26  savo

hernie.. mobility and fixed cost... vs having the kitchen that you like...

02-04-26  victor

Bitcoin (BTC-USD) fell 2% on Wednesday to around $73,000 per token after Treasury Secretary Scott Bessent suggested the US government would not bail out the cryptocurrency.

In a heated back-and-forth during a House Financial Services Committee hearing, Bessent was asked if the US Treasury had the authority to buy bitcoin or other cryptos.

"I do not have the authority to do that, and as chair of FSOC, I do not have that authority," Bessent stated.

02-04-26  Hernie

Savo: “Renting is a beautiful business in my opinion”

If I have been living by this mantra for a while, few years in London renting, few years in Paris renting, now in Madrid renting. Currently contemplating buying something here, perhaps in a couple of years time but TBD. Frankly, I enjoy the freedom of packing up my things and going somewhere else whenever I feel like it, which is what I have been doing to date.

02-04-26  victor

María Elvira Salazar 🇺🇸

Alex Saab nunca debió haber salido de custodia estadounidense. Si los reportes son ciertos, el testaferro de Maduro vuelve a caer donde siempre debió estar: tras las rejas en Venezuela.

Lo que sigue es claro: debe ser extraditado de inmediato para enfrentar la justicia en Estados Unidos junto a su amo, Nicolás Maduro.

Los cómplices de los dictadores no escapan al final de la historia.
Con Trump, empieza a revertirse el desastre que Biden dejó en el hemisferio.

02-04-26  savo

carib.. when you say most people like to own... depends on the circumstances.

If they would have to take a loan that does not lose value and have to buy a house that may lose value people might think differently. Since fiat... loans lose value and house usually increase in value.

In my personal case, when I started working, I preferred to trade the money I was making instead of buying a home and having to pay a deposit, stamp duty, maintenance, property taxes, etc....

I bought my first home when I was 40 and only because it was very close to my parents... and paid cash... I made some money on it when I sold it but do not know if I would have made more money doing something else with that money.

Renting is a beautiful business in my opinion. Cost is limited to the rent agreed and you can move out whenever you want giving some months notice. No need to wait for a buyer to buy your home if you want to move which may happen at the time of a downturn.

Most people do not refurbish...I lived in various rented properties and all were perfectly well when we moved in, because the landlord had made them attractive in order to rent it.

If fiat would give way to some kind of gold standard housing prices would become more affordable and those that do not own will have a better chance.

Of course that would mean a major financial crisis...which brings us back to death by inflation or death by financial crisis.



02-04-26  carib

looks likely..

02-04-26  Merlino

Pana, it looks as a positive to me, we will see. Hope he is extradited to USA

02-04-26  panasonic

Saab arrested by Veni authorities, moment of truth, is he working with USA?

https://www.clarin.com/mundo/venezuela-afirman-arrestaron-alex-saab-testaferro-nicolas-maduro_0_jUOSrBrOji.html

02-04-26  carib

Savo: I actually only got a mortgage myself when the rate was so low it felt like a steal.. but most people borrow to buy.. simply because they are unable to buy cash. They could opt for renting..but most people prefer to own, so they can shape the house as they prefer.
One does not shell out big bucks to restructure a rented home.
Such is the real world.

02-04-26  spal

Shares of oil and gas companies are trading higher after reports suggesting plans for Iran nuclear talks are collapsing, as the U.S. refused Iran's demands. This may be raising the risk of renewed sanctions or conflict, fueling crude.
12:34 PM CST, February 04, 2026

02-04-26  spal

Imagine having to borrow gold over 30 years duration to buy your home... How do you borrow gold on a floating rate?

===

Gold notes ... I will issue them. Of course it requires a legitimate legal system and a trustworthy guarantor on your side.

02-04-26  spal

Imagine having to borrow gold over 30 years duration to buy your home... How do you borrow gold on a floating rate?

===

Full circle.

The money is in the word "borrow" ... money is credit and trust.

Money is not fiat, bitcoin, gold, sheep, shells, cigarettes ... blah, blah, blah ...

02-04-26  savo

regarding veni bonds i do not know. but i imagine that the possibility to start talks will be very positive.

02-04-26  savo

the only reason to buy a home with a 30 year fiat currency loan is to expect fiat to devalue and the home to revalue.

Absent that trick it is preferable to rent and let the owner pay the running cost.

02-04-26  carib

On Veny bonds.. assuming a licence to restructure comes next year.. how higher do you think prices might move?

02-04-26  carib

Savo: I see crypto mostly as a "pump and dump" trap, hidden under the attractive idea of a "currency" free from government interference, so perhaps the Trumps.. already dumped.
I personally see financial disaster coming in the absence of credible fiat currencies.
Imagine having to borrow gold over 30 years duration to buy your home... How do you borrow gold on a floating rate?

02-04-26  savo

i think we have to wait with veni bonds ... at least until a license is issued to allow restructuring talks.

02-04-26  savo

saylor is now below his purchase price... 5 years investing in BTC and nothing to show for it...

Trump has a serious problem with this guy. He said the US would be the crypto capital of the world... but crypto is a scam... and his family including his Melania son is heavily invested according to rumors...as well as those who are said to have financed his campaign...

Will he use public money to save saylor?... if he doesn't there are no more buyers in town... the floor will drop .. and a whole generation of young people who intended to make a living out of crypto will find themselves ruined.. with no skills and no job prospects.

02-04-26  spal

Lots of guys in the basement trading getting liquidated

02-04-26  spal

Causing panic selling of Meme stocks at the moment

02-04-26  spal

Bitcoin now $74,309 ... we see dead bodies soon

02-04-26  pillz

now , I am 40/60 $/euro

02-04-26  carib

Pill: cash $, €, or 50/50?

02-04-26  pillz

now , I am 90% in cash, the other 10% is margin for my short calls and puts on jnug, and I don't know what to do with the 90% cash ??

02-04-26  leopardo

I think veny \\ pdvsa still have upside in 2026.
I all depends if it is weighted too much in your portfolio or not.
If not, keep all the position, if yes sell a part...
IMHO

02-04-26  pillz

Koers , it was made at 35,67 USD , the rest is tax + commission

02-04-26  carib

Should we join Pill in selling?

02-04-26  carib



Chinese trading firm Zhongcai Futures has emerged as a big winner from the recent rout in silver, netting more than half a billion dollars from aggressive bets that the metal’s price would fall.

Zhongcai has booked profits of more than Rmb3.6bn ($519mn) since Friday morning after building up short positions in silver in late January, according to FT calculations based on disclosures to the Shanghai Futures Exchange.



02-04-26  carib

congrats Pill

02-04-26  pillz

unbelievable it was done at 35.53% :-))

02-04-26  pillz

ooops , sold it at 35.25 , now not more veny for me ..

02-04-26  pillz

jus had my broker, he had 35, and I have put it at 35.25 till the end of the week ..

02-04-26  pillz

still waiting to my bolero trader , he is in lunch time :-))

02-04-26  pillz

unbelievable , they have them all, and don't accept an incoming transfer ???

02-04-26  pillz

but very schmall volume ...

02-04-26  pillz

Yes thank you ,,,,

PDVSA Corp 9.0 Nov17'21
PDVSA
TRACE
NT
C35.6500
USD




Ask
Bid
36.542(n/a) ✕ $5,000K
35.175(n/a) ✕ $127K


02-04-26  savo

pillz.. you have IB.... they post accurate prices

02-04-26  pillz

yes I think it is a good selling at 35/35.25

02-04-26  carib

Pill: you should ask someone with a bloomberg terminal for current levels.
my guess would be around 35.

02-04-26  pillz

Carib, bolero said that I can already trade in Frankfurt and OTC, please B/A , or somebody else have the B/A please, thanks in advance

02-04-26  pillz

Carib , have you the b/A of pdvsa 9% 21 ?

02-04-26  pillz

gold to go to my ideal price /


5,084.21
+137.17
(+2.77%)

02-04-26  panasonic

Edvi, nice to read you.

We are at an early stage.

USA companies getting prepared to go all in, and we got rid of Cuban presence.

Rubio didn't disclose much details during Senate hearing, but when heard Chevron's Wirth abt. Veni made me more comfortable that not everything is as random as it seems.

I'm optimistic on what's coming.

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