Let’s start with this:
Although one may think from the hand positioning this was the launch of a Genital Protection Club, it is, instead, the half trillion dollar (!) announcement of Stargate, an ill-fated boondoggle that, I’ve got to suppose, is going to address the price of eggs. Hey, Sam, nice wide stance!
Can anyone name a single successful private/public partnership with the US Government? When I was young, I remember reading about Japanese efforts pushed by their MITI, and they always failed.
I’ve long held in my life that if you want to get something done in the worst possible manner, just have the government get involved. It’s an infallible rule, and if the average intelligence of the country exceeded that of a cabbage, the citizens would be laughing riotously at this money grab.
Instead, they solemnly nod their heads at the importance of doing a mega-mega-sized AI project that is going to solve problems no one can really define in a way that they really don’t want to talk about.
Farce.
Anyhoo, as for the markets, the /ES, for the first morning since the Bicentennial, is stalling out.
The /NQ also seems to have approached the horizontal and, as the moment, is down triple digits. It’s a refreshing change, particularly with all of the chilling tech titan love this week from D.C.
Oh, and as Maxx rightly points out, he deserves a shout-out for shouting-out about Palladium, which is been doing just grand lately.
As for the Trump coin, I find that almost as fascinating and important as Stargate. It appears to have found a happy home at about the midpoint of its craziness. What’s crazy is that this is an asset virtually guaranteed to be worth $0 by January 20, 2029, and yet what happens between now and then is going to be captivating.
I’ll let the boys from Aqua Teen prove that they once again predicted our future.
