“We're going to get there by September at this rate”
Oil stays jammed above 100 with Hormuz shut, but resolves before storage hits the 200-dollar floor
“I think uranium's in a really, really good spot. … Trump's going to be expediting some nuclear permits, which is going to be phenomenal.”
Uranium in a great spot as Trump expedites nuclear permits, stay long
“Memory, like Micron trades at 35 times earnings. Per the rule of thumb, DRAM price appreciation rubric that we sort of set out on the last podcast…”
Micron is a bottlenecked commodity with earnings set to triple, trading like 15x forward, should keep mooning
“the amount of leverage in the Korean market has literally doubled … all it takes is for the market to sneeze and suddenly, you're down 30% across the board.”
Korean margin debt doubled to a record; any volatility shock forces mass liquidation and a broad KOSPI cascade.
“they got kicked out of China because China put them on the do not business”
Buy Illumina as a small-cap flyer on Trump-Xi summit reopening Chinese market access
“they rely on maintaining scarcity under Chinese control … I don't think a deal is possible. I don't think a grand bargain is possible.”
Beijing keeps Nvidia frozen out to protect scarcity, so China's own-silicon cloud champions like Alibaba win the AI build-out.
“We talked about VVV. Very quickly, which then proceeded to pull a ridiculous move.”
VVV believer rebidding on the sidelines after a ridiculous move and pop
“about two-thirds of that was BTC, GBTC to be specific. I want to rebuy at lower levels … I think it's the easiest 10 to 15 bagger in”
Jonah cut two-thirds of his reduced book in BTC/GBTC, wants to rebuy lower, long-term 10-15x