Financial Sense @FinancialSense_
Financial news and resources for high-net-worth investors and strategists financialsense.com San Diego, CA Joined June 2011-
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Reuters China correspondent Laurie Chen reports from the World Artificial Intelligence Conference in Shanghai, where Chinese President Xi Jinping cast Beijing as the champion of a new global AI order reut.rs/4vBCU4u
Eli Lilly to buy psychedelics maker AtaiBeckley for $2.8 billion as experimental treatments gain traction cnbc.com/2026/07/16/eli…
Mania over macro turns macro over mania 😉 Thank you so much, Jim! @FinancialSense_ youtube.com/watch?v=uHvSnv…
And whenever you think things are starting to slow down, technology proves us otherwise. Wow.
Introducing Kimi K3: Open Frontier Intelligence 🔹 2.8 Trillion Parameters, 1 Million Context, Native Multimodal 🔹 Kimi Delta Attention enables up to 6.3x faster decoding in million-token contexts 🔹 Attention Residuals deliver ~25% higher training efficiency at <2% additional
BREAKING: Iran has told Yemen’s Houthis to close the Bab al-Mandeb gateway to the Red Sea if the US hits Iran’s power network, sources told Reuters. 🔴 More on Aljazeera.com
New York to impose the country’s first statewide moratorium on data centers. nbcnews.com/news/us-news/n…
The 'world's most powerful AI data center' hit with massive class-action lawsuit techradar.com/pro/the-worlds…
Massive explosions rock Iran’s Hormozgan Province after U.S. airstrikes targeted military sites.
Strait of Hormuz threat level raised to 'severe' after Iran attacks tankers using U.S. Navy route cnbc.com/2026/07/07/ira…
BREAKING: President Trump issues a stark warning to Iran, declaring the U.S. is prepared to completely dismantle the country's infrastructure "in a small part of an afternoon" if a diplomatic deal cannot be reached. "We're going to win one way or the other. We're going to make a deal or we're going to finish the job, okay. And it won't be tough to finish the job.” “I'd rather make a deal, because I don't want to affect 91 million people. We can knock down their bridges in one hour. We can knock out their energy supply.” “We can knock out their electricity and power generating plants. And I would say in a small part of an afternoon, every plant will be gone. And they know that."
Peter Zeihan: Get Ready for Summer Oil Crunch @PeterZeihan youtu.be/zd9WhcDcNl0
Foreign government ownership of US Treasuries just reached the lowest share in history. The world isn't keeping up with America's exploding debt issuance. That may prove to be one of the most important monetary shifts of our time. None of us own enough hard assets. tavicosta.substack.com/p/list-of-tech…
Christian Takushi: America Is Secretly Winning in Latin America While the World Remains Distracted by Iran @ChrisTakushi financialsense.com/podcast/21707/…
BoFA cancelled its $6,000 gold target this week as Wall Street is bracing for hikes. Sentiment read it as gold being finished. Think about what that that means. The sell-side doesn't lead. They put the $6,000 target out near the highs when everyone was bullish, and they pulled it near the lows after a selloff. That's not smart money stepping back. Banks chase sentiment, late, in both directions. Like always. A major bank capitulating on its target after a 35% drop is the kind of thing that happens near bottoms, not tops. The target got cut because the price fell, not because anything about the debt or the Fed changed. When the bank that was bullish at the high turns bearish at the low, that's what contrarians wait for. Read here: open.substack.com/pub/tscsw/p/go…
BREAKING: In a 5-4 decision, the Supreme Court rejects the Trump administration’s attempts to fire Fed Governor Lisa Cook.
Jim Bianco @biancoresearch
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