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Gary's avatar

Been waiting all week for Mike's take on this whole Israel/Iran situation and it's always worth the wait. I don't listen to any other financial commentators these days as they seem either unable, or incapable, of taking a 10000ft view and joining the dots.

Stephanie's avatar

Higher oil prices drive investment in exploration and drilling due to improved profit margins for producers. If permits are in the beginning stages (or not), perhaps due to "National Security" (or whatever) environmental assessments and public opinion will likely be curtailed. Convenient!

Looks like we're headed into a real sh*t show, but thanks to Parallel Mike I have been making preparations, which eases my mind somewhat.

Bassehound's avatar

Good new coming our way, a Trump fam bank to save us all, lol.

12 Jan 2026

Trump-linked Crypto Venture Applies for Banking License - Banking Exchange

https://www.bankingexchange.com/news-feed/item/10508-trump-linked-crypto-venture-applies-for-banking-license

APPLICATION

https://occ.gov/topics/charters-and-licensing/digital-assets-licensing-applications/world-liberty-trust-company.pdf