Feed - Buzzberg

22:07
Jun 11

@lukegromen

@fejau_inc And these were basically the only reason US deficit fell y/y And then they layered on the Iran war costs

News

21:32
Jun 11

@lukegromen

China first weaponized rare earths v. Japan in 2010, & yet the Japanese, with their legendary manufacturing & engineering prowess, h…

18:41
Jun 11

@lukegromen

@Wade_Finley What is the message when the costs of VA (taking care of the people who fought your prior wars) is 2x greater than the cost of …

18:23
Jun 11

@lukegromen

#HistoryRhymes https://t.co/A0tYsZ05BR

17:49
Jun 11

@lukegromen

https://t.co/pBaqD7ZXqG

15:14
Jun 11

@lukegromen

@Big_Orrin ...and now imagine you have over $8T in USTs to rollover in the next 12 months alone...as inflation surges due to what you note. …

14:11
Jun 11

@lukegromen

Thanks for having me on @ForwardGuidance, @fejau_inc to talk about "What...does...Warsh...want?" https://t.co/R7lSARzxpe

13:04
Jun 11

@lukegromen

2/ The original FFTT meme on this from December, before the Trump Administration made a dog's breakfast of their choices by attacking Iran: …

News

13:02
Jun 11

@lukegromen

Agree...bigger policy poker flop coming next week...

22:30
Jun 10

@lukegromen

Last time I heard a US president say something like this, it was Obama telling us about TARP during the GFC.

22:02
Jun 10

@lukegromen

@txghost91 @TMTLongShort China builds nukes for 1/6 the cost of the US, in 1/12 the time.

21:29
Jun 10

@lukegromen

@RaymondDuck6 I think you're on it...and what happens if the 10y yield gets too high?

News

21:28
Jun 10

@lukegromen

@Piper561 @TMTLongShort Corporations got savings...Wash DC & Wall St got lower rates...the top 10% of Americans got higher asset prices.…

21:26
Jun 10

@lukegromen

@txghost91 @TMTLongShort Two problems w/that thesis: 1. China's nuclear & hydro is cheaper than gas. 2. The rest of the world that owns …

21:22
Jun 10

@lukegromen

"Sometimes the biggest stories are hiding in the open." -Seymour Hersh Take for example the chart below: Why would the US ever export oil fo…

20:33
Jun 10

@lukegromen

@TMTLongShort That China has been able to cut oil imports by 4-5m b/d and not collapse suggests they are way ahead on this, no?

20:27
Jun 10

@lukegromen

@TMTLongShort Problem is that is almost verbatim what we were told China into the WTO would do. It wasn't China that got fucked, it was Amer…

20:07
Jun 10

@lukegromen

@DavidLe76335983 @Micro2Macr0 yup

19:57
Jun 10

@lukegromen

@Micro2Macr0 I don't follow

19:02
Jun 10

@lukegromen

@Micro2Macr0 Critical question few seem to be asking: Why would America ever export oil for USDs it can print?

14:57
Jun 10

@lukegromen

Gold was the US' 2nd biggest US export in April, after crude oil.

GLD

LOW

14:56
Jun 10

@lukegromen

Gold was the 2nd biggest US export in April, after crude oil.

14:20
Jun 10

@lukegromen

@LukeDavisgrey IMO its being managed

14:14
Jun 10

@lukegromen

@LukeDavisgrey 100%

23:43
Jun 09

@lukegromen

@basedxload ^it will fail Sorry - fat thumbs

23:39
Jun 09

@lukegromen

@basedxload I hear you, and if that’s the plan, it will daily, bc rates will spike on any stock crash in the US, bc equities de facto back t…

22:58
Jun 09

@lukegromen

1. Iran retains a greater degree of fire control in the Gulf than we have been being told. 2. Shipping insurance was pulled because tankers …

News

16:21
Jun 09

@lukegromen

@AndrgoMRT @DarioCpx i have argued that one symptom of exactly that happening would be the exact narrowing of breadth that we have seen in m…

14:37
Jun 09

@lukegromen

@theobservoor Very good question... We're about to find out methinks.

14:22
Jun 09

@lukegromen

https://t.co/T6lFhZRFLW

14:13
Jun 09

@lukegromen

@VolteFaceInvest @aeberman12 i think they'll let it go until the US cries uncle...60 days, 90 days, 180 days, whatever it takes. The longer …

14:04
Jun 09

@lukegromen

@VolteFaceInvest @aeberman12 Agree, they definitely are not. But I do think they are very happy to let Hormuz stay closed as long as it need…

13:56
Jun 09

@lukegromen

@VolteFaceInvest @aeberman12 I wrote something similar to clients last week – China’s demand destruction is akin to a collapse of the econom…

13:44
Jun 09

@lukegromen

@aeberman12 How does demand destruction occur at lower prices ($110 to $89)? And if it is occurring, why are SPR’s running down so rapidly -…

13:10
Jun 09

@lukegromen

@tylermacro10 @ankitjainnnnnn both of your points support my initial point - if America's gold exports & China's gold imports were marke…

13:05
Jun 09

@lukegromen

@71greys @DarioCpx Thank you! 🙏

00:44
Jun 09

@lukegromen

@tracyjarchow @matcasey Once I’ve heard MSM or anyone else tell me something I know to be a lie, that is enough for me There’s been a whole …

00:35
Jun 09

@lukegromen

@DbCapitalCan I think China loves keeping it closed

23:26
Jun 08

@lukegromen

@tracyjarchow @matcasey I believe that when people show you who they are, you should believe them

20:40
Jun 08

@lukegromen

@J_Niles_23 @hilles1024 @Brad_Setser @shehzadhqazi they've been calling for it since 2009

20:39
Jun 08

@lukegromen

@DarrylK22404230 @SomMonetario IMO no that would only strengthen USD, which would make matters worse

20:39
Jun 08

@lukegromen

@DbCapitalCan ...and yet the US DoD just published a list of Chinese companies that are tied to the Chinese military today 🤔

20:37
Jun 08

@lukegromen

@FrusteredHedgy you and me both :)

17:35
Jun 08

@lukegromen

@FrusteredHedgy Bonds and savings accounts are screwed on a real basis either way from here - that's in the cake. Question is do we want to …

17:33
Jun 08

@lukegromen

I said its a policy option, & it still is, & it always will be, until they take it out of the Financial Accounting Manual for Federal Reserv…

17:05
Jun 08

@lukegromen

@FrusteredHedgy Why would quality of life go to shit if you're paying Americans more money to make stuff? Aren't those Americans consumers t…

17:04
Jun 08

@lukegromen

@vizlumen excellent question. Who won when we went off the gold standard, and who lost? Start there and you'll find your answers if you keep…

17:03
Jun 08

@lukegromen

@SchnapsideeG ...until circa 1990 :)

16:59
Jun 08

@lukegromen

1. "the vast majority" of 487,000 followers believe this? That seems too high. 2. "Share your belief in the government magically revaluing g…

16:49
Jun 08

@lukegromen

@matcasey they'll believe whatever he tells them