Brighton Capital
@brightoncap.bsky.social
Asset management with a focus on energy, agriculture and Pez dispensers. Minneapolis, MN.
Heard in a Minnesota federal courtroom. Govt atty: "this system sucks, this job sucks, hold me in contempt, I need the sleep." The chaos and incompetence is par for the course. Unfortunately, those wrongly detained pay for it.
Via @startribune.com c: @kenwhite.bsky.social
Via @startribune.com c: @kenwhite.bsky.social
February 4, 2026 at 2:15 AM
Heard in a Minnesota federal courtroom. Govt atty: "this system sucks, this job sucks, hold me in contempt, I need the sleep." The chaos and incompetence is par for the course. Unfortunately, those wrongly detained pay for it.
Via @startribune.com c: @kenwhite.bsky.social
Via @startribune.com c: @kenwhite.bsky.social
Leveraged ETFs shredding account balances the last few days. WSJ mentioned a 2x Silver ETF down 60% on Friday. Below is a 50% haircut in natural gas on Monday. That takes a 100% gain to recover and if you expect to make that back in a short period of time, you may have a gambling problem. <shrugs>
February 3, 2026 at 9:58 PM
Leveraged ETFs shredding account balances the last few days. WSJ mentioned a 2x Silver ETF down 60% on Friday. Below is a 50% haircut in natural gas on Monday. That takes a 100% gain to recover and if you expect to make that back in a short period of time, you may have a gambling problem. <shrugs>
On one hand, let's put that !@#$%^ cost-through-the-roof-make-work-project called the F-35 to use.
On the other, good example of a rogue state w/ cheap drones draining a lot of $$ from a superpower.
Follow me for more geopolitical, military, and weapons systems analysis.
On the other, good example of a rogue state w/ cheap drones draining a lot of $$ from a superpower.
Follow me for more geopolitical, military, and weapons systems analysis.
February 3, 2026 at 8:04 PM
On one hand, let's put that !@#$%^ cost-through-the-roof-make-work-project called the F-35 to use.
On the other, good example of a rogue state w/ cheap drones draining a lot of $$ from a superpower.
Follow me for more geopolitical, military, and weapons systems analysis.
On the other, good example of a rogue state w/ cheap drones draining a lot of $$ from a superpower.
Follow me for more geopolitical, military, and weapons systems analysis.
Timeline cleanse. No pics of nature, puppies or cute kids but there are a lot of correct takes here. I feel like I've found my tribe. 🙂
Guys, I really need to talk about something dumb and meaningless. What's a universally beloved sweet treat that you think is just mid? For me, it's meringue.
February 3, 2026 at 4:18 PM
Timeline cleanse. No pics of nature, puppies or cute kids but there are a lot of correct takes here. I feel like I've found my tribe. 🙂
The extra-crazy winter natural gas market.
Waha hub is in the Permian Basin (Midland-Odessa and the setting of "Landman"). Too much gas, not enough pipes but the focus is on oil so they keep drilling regardless of gas prices. Two weeks ago it had a negative price. Last wk $9/MMBtu, now $-1/MMBtu.
Waha hub is in the Permian Basin (Midland-Odessa and the setting of "Landman"). Too much gas, not enough pipes but the focus is on oil so they keep drilling regardless of gas prices. Two weeks ago it had a negative price. Last wk $9/MMBtu, now $-1/MMBtu.
February 2, 2026 at 8:30 PM
The extra-crazy winter natural gas market.
Waha hub is in the Permian Basin (Midland-Odessa and the setting of "Landman"). Too much gas, not enough pipes but the focus is on oil so they keep drilling regardless of gas prices. Two weeks ago it had a negative price. Last wk $9/MMBtu, now $-1/MMBtu.
Waha hub is in the Permian Basin (Midland-Odessa and the setting of "Landman"). Too much gas, not enough pipes but the focus is on oil so they keep drilling regardless of gas prices. Two weeks ago it had a negative price. Last wk $9/MMBtu, now $-1/MMBtu.
They should turn it all into ethanol. Humans could drink a little, cars could drink a lot, and feed the peels to cows. Everyone wins, same as with US 🌽🌽🌽!
(Just kidding. We've been growing more corn than the market needs)
(Just kidding. We've been growing more corn than the market needs)
No matter what's happening in your life, you shoudl see this photo of a German potato warehouse. www.theguardian.com/world/2026/j...
Record harvest sparks mass giveaway of free potatoes across Berlin
From zoos to soup kitchens, people are hauling away tonnes of surplus spuds after the biggest crop in 25 years
www.theguardian.com
February 2, 2026 at 8:22 AM
They should turn it all into ethanol. Humans could drink a little, cars could drink a lot, and feed the peels to cows. Everyone wins, same as with US 🌽🌽🌽!
(Just kidding. We've been growing more corn than the market needs)
(Just kidding. We've been growing more corn than the market needs)
Reposted by Brighton Capital
Detroit had over two decades to use their vast resources and supply chains to get ahead on EVs and become the world's supplier. But they chose to double down on massive SUVs and trucks, catering to an increasingly niche market.
Big 3 auto deserve whatever's coming for them.
Big 3 auto deserve whatever's coming for them.
I Test Drove a Chinese EV. Now I Don’t Want to Buy American Cars Anymore.
Amazing battery range, customizable interiors and sleek software—our columnist fell in love with a Xiaomi SU7 Max after driving it for a few weeks.
www.wsj.com
February 2, 2026 at 3:06 AM
Detroit had over two decades to use their vast resources and supply chains to get ahead on EVs and become the world's supplier. But they chose to double down on massive SUVs and trucks, catering to an increasingly niche market.
Big 3 auto deserve whatever's coming for them.
Big 3 auto deserve whatever's coming for them.
Nat Gas: some of these !@#$% "traders" need to learn how to read a weather forecast, including not running things up for flimsy reasons on Friday only to reverse it all and more on Sunday. 👿
But my inner Dude abides... just gotta' get used to almost every mkt being part of the global casino now. 🧘♂️
But my inner Dude abides... just gotta' get used to almost every mkt being part of the global casino now. 🧘♂️
February 1, 2026 at 11:18 PM
Nat Gas: some of these !@#$% "traders" need to learn how to read a weather forecast, including not running things up for flimsy reasons on Friday only to reverse it all and more on Sunday. 👿
But my inner Dude abides... just gotta' get used to almost every mkt being part of the global casino now. 🧘♂️
But my inner Dude abides... just gotta' get used to almost every mkt being part of the global casino now. 🧘♂️
Like Jonathan Ross, these guys had experience (they joined 2014 and 2018) but were still violent, undisciplined thugs.
BREAKING: The two federal immigration agents who fired on Minneapolis protester Alex Pretti are identified in government records as Border Patrol agent Jesus Ochoa and Customs and Border Protection officer Raymundo Gutierrez.
Two CBP Agents Identified in Alex Pretti Shooting
The two federal immigration agents who fired on Minneapolis protester Alex Pretti are identified in government records as Border Patrol agent Jesus Ochoa and Customs and Border Protection officer Raym...
www.propublica.org
February 1, 2026 at 9:18 PM
Like Jonathan Ross, these guys had experience (they joined 2014 and 2018) but were still violent, undisciplined thugs.
Hollywood! If these numbers are in ballpark and half goes to cinema, half goes to distributor and film maker (in this case I think Amazon is both) then Amazon has brought in $3.5M vs. a $75M bribe. #NGMI (oh, they will, but in other ways).
February 1, 2026 at 9:12 PM
Hollywood! If these numbers are in ballpark and half goes to cinema, half goes to distributor and film maker (in this case I think Amazon is both) then Amazon has brought in $3.5M vs. a $75M bribe. #NGMI (oh, they will, but in other ways).
Story about ICE/CBP hiring spree and reminded that overtime and per-diems (latter is tax free I think) really adds up for the thugs.
$92/day for meals. If they were smart (ha!) they'd stay away from restaurant dining and just use delivery, take-out, and grocery stores (in normal clothes). Ka-ching!
$92/day for meals. If they were smart (ha!) they'd stay away from restaurant dining and just use delivery, take-out, and grocery stores (in normal clothes). Ka-ching!
February 1, 2026 at 7:04 PM
Story about ICE/CBP hiring spree and reminded that overtime and per-diems (latter is tax free I think) really adds up for the thugs.
$92/day for meals. If they were smart (ha!) they'd stay away from restaurant dining and just use delivery, take-out, and grocery stores (in normal clothes). Ka-ching!
$92/day for meals. If they were smart (ha!) they'd stay away from restaurant dining and just use delivery, take-out, and grocery stores (in normal clothes). Ka-ching!
Nat Gas use & wx trivia: Nov-Mar heating season is 151 days. Using a chart date of Feb 7* we're 66% through. Hard to change things a lot btwn now and Mar 31. #FamousLastWords
*Today is Feb 1 but temp f'casts 5-6 days out are pretty good. GWHDD = gas and population weighted heating degree days.
*Today is Feb 1 but temp f'casts 5-6 days out are pretty good. GWHDD = gas and population weighted heating degree days.
February 1, 2026 at 6:22 PM
Nat Gas use & wx trivia: Nov-Mar heating season is 151 days. Using a chart date of Feb 7* we're 66% through. Hard to change things a lot btwn now and Mar 31. #FamousLastWords
*Today is Feb 1 but temp f'casts 5-6 days out are pretty good. GWHDD = gas and population weighted heating degree days.
*Today is Feb 1 but temp f'casts 5-6 days out are pretty good. GWHDD = gas and population weighted heating degree days.
Three people in the business:
“The short answer is I have no idea. Nobody knows. I’ve never seen anything quite like this market.”
“Metals—honestly, I have no idea,”
“There is no liquidity. It went up. On what?”
www.wsj.com/finance/comm...
“The short answer is I have no idea. Nobody knows. I’ve never seen anything quite like this market.”
“Metals—honestly, I have no idea,”
“There is no liquidity. It went up. On what?”
www.wsj.com/finance/comm...
Gold and Silver Plunge in Worst Day Since 1980
Wall Street sees Trump’s Fed nominee as a hawk on inflation and the dollar.
www.wsj.com
January 31, 2026 at 9:45 PM
Three people in the business:
“The short answer is I have no idea. Nobody knows. I’ve never seen anything quite like this market.”
“Metals—honestly, I have no idea,”
“There is no liquidity. It went up. On what?”
www.wsj.com/finance/comm...
“The short answer is I have no idea. Nobody knows. I’ve never seen anything quite like this market.”
“Metals—honestly, I have no idea,”
“There is no liquidity. It went up. On what?”
www.wsj.com/finance/comm...
Cold spell isn't quite over - by Feb 3 temps/heating demand should return to normal - but here's what spot natural gas prices were during the meat of it.
This will blow up some utility bills so be prepared. (Divide by 10 to get a gas cost per therm, which is the typical gas utility billing unit.)
This will blow up some utility bills so be prepared. (Divide by 10 to get a gas cost per therm, which is the typical gas utility billing unit.)
January 31, 2026 at 7:03 PM
Cold spell isn't quite over - by Feb 3 temps/heating demand should return to normal - but here's what spot natural gas prices were during the meat of it.
This will blow up some utility bills so be prepared. (Divide by 10 to get a gas cost per therm, which is the typical gas utility billing unit.)
This will blow up some utility bills so be prepared. (Divide by 10 to get a gas cost per therm, which is the typical gas utility billing unit.)
If you're in purple dinosaur country, compared to a week ago, today and esp. tomorrow will feel like the first day of spring. 30F air temp in Mpls tmrw. Whoo-hoo!
January 31, 2026 at 6:06 PM
If you're in purple dinosaur country, compared to a week ago, today and esp. tomorrow will feel like the first day of spring. 30F air temp in Mpls tmrw. Whoo-hoo!
Some coin shops/bullion dealers have stopped buying b/c they can't move it and get paid quickly, or they are buying but it's at a huge discount to spot to account for flat price risk.
Silver futures are way too large but seems like one share of SLV sold per oz of silver bought is a good hedge.
Silver futures are way too large but seems like one share of SLV sold per oz of silver bought is a good hedge.
I joke of course but it is hilarious that this happens the day I was literally looking up precious metals dealers in my area to sell some physical bullion I bought years ago.
Oh well. Life goes on.
Oh well. Life goes on.
January 31, 2026 at 3:35 PM
Some coin shops/bullion dealers have stopped buying b/c they can't move it and get paid quickly, or they are buying but it's at a huge discount to spot to account for flat price risk.
Silver futures are way too large but seems like one share of SLV sold per oz of silver bought is a good hedge.
Silver futures are way too large but seems like one share of SLV sold per oz of silver bought is a good hedge.
Wild week in natural gas, silver, other metals and even crude oil prices are higher and more volatile than usual. FWIW, a snip from Reuters... that was probably a very rewarding arbitrage.
January 30, 2026 at 9:13 PM
Wild week in natural gas, silver, other metals and even crude oil prices are higher and more volatile than usual. FWIW, a snip from Reuters... that was probably a very rewarding arbitrage.
Shout out to the people in Wyoming who are annoying Bovino and sparking a little joy in the rest of us.
"I will look for you, I will find you, and I will film you."
"I will look for you, I will find you, and I will film you."
January 30, 2026 at 1:48 AM
Shout out to the people in Wyoming who are annoying Bovino and sparking a little joy in the rest of us.
"I will look for you, I will find you, and I will film you."
"I will look for you, I will find you, and I will film you."
Haha. This loser Border Patrol agent from Texas will probably have to return to Minnesota in late March for his next hearing. On his own dime, own time, and likely unemployed.
THEY DID IT. THEY ARRESTED ONE.
"A U.S. Customs and Border Patrol employee was charged with drunken driving in St. Paul after a state trooper found him passed out in a car Tuesday morning 'covered in vomit.'"
January 30, 2026 at 12:09 AM
Haha. This loser Border Patrol agent from Texas will probably have to return to Minnesota in late March for his next hearing. On his own dime, own time, and likely unemployed.
HPAI in egg layers: large outbreak (1.5M) in Lancaster County, PA; incident date January 26th, 2026.
3.6M layers in same county were euthanized in April 2022.
Whatever crowing you hear from USDA or others in the administration, HPAI is by no means in the mirror. Feb 8th, 2026 will mark 4 yrs.
3.6M layers in same county were euthanized in April 2022.
Whatever crowing you hear from USDA or others in the administration, HPAI is by no means in the mirror. Feb 8th, 2026 will mark 4 yrs.
January 29, 2026 at 9:58 PM
HPAI in egg layers: large outbreak (1.5M) in Lancaster County, PA; incident date January 26th, 2026.
3.6M layers in same county were euthanized in April 2022.
Whatever crowing you hear from USDA or others in the administration, HPAI is by no means in the mirror. Feb 8th, 2026 will mark 4 yrs.
3.6M layers in same county were euthanized in April 2022.
Whatever crowing you hear from USDA or others in the administration, HPAI is by no means in the mirror. Feb 8th, 2026 will mark 4 yrs.
Some of this we've been doing for a while but now it has a name.
You may remember Taylor from a decade+ of energy reporting at S&P Global. I always enjoyed his work but now I'm having 2nd thoughts - read paragraph three for a shocking confession.
(that's a joke; he still seems like a good guy) 🙂
You may remember Taylor from a decade+ of energy reporting at S&P Global. I always enjoyed his work but now I'm having 2nd thoughts - read paragraph three for a shocking confession.
(that's a joke; he still seems like a good guy) 🙂
In a world engineered to remove every bump, some people are putting them back.
It's life, but on hard mode. On purpose.
What is friction-maxxing? What is it doing for us and what is it not?
moistcargoshorts.substack.com/p/friction-m... #HumanBehavior #Psychology #DigitalLife #AttentionEconomy
It's life, but on hard mode. On purpose.
What is friction-maxxing? What is it doing for us and what is it not?
moistcargoshorts.substack.com/p/friction-m... #HumanBehavior #Psychology #DigitalLife #AttentionEconomy
January 29, 2026 at 7:02 PM
Some of this we've been doing for a while but now it has a name.
You may remember Taylor from a decade+ of energy reporting at S&P Global. I always enjoyed his work but now I'm having 2nd thoughts - read paragraph three for a shocking confession.
(that's a joke; he still seems like a good guy) 🙂
You may remember Taylor from a decade+ of energy reporting at S&P Global. I always enjoyed his work but now I'm having 2nd thoughts - read paragraph three for a shocking confession.
(that's a joke; he still seems like a good guy) 🙂
Yes! New opportunities for the newspaper to gush about celebrity sightings when Kelce visits Sleep Number's Mpls HQ.
A-Rod of MN Timberwolves ownership is alright, but not nearly as exciting as when he was with J-Lo. Now we get the ultimate BOGO. Whoo-hoo! 😜
A-Rod of MN Timberwolves ownership is alright, but not nearly as exciting as when he was with J-Lo. Now we get the ultimate BOGO. Whoo-hoo! 😜
January 29, 2026 at 6:36 PM
Yes! New opportunities for the newspaper to gush about celebrity sightings when Kelce visits Sleep Number's Mpls HQ.
A-Rod of MN Timberwolves ownership is alright, but not nearly as exciting as when he was with J-Lo. Now we get the ultimate BOGO. Whoo-hoo! 😜
A-Rod of MN Timberwolves ownership is alright, but not nearly as exciting as when he was with J-Lo. Now we get the ultimate BOGO. Whoo-hoo! 😜
Reposted by Brighton Capital
this is rly embarrassing but i hate when it snows in nyc. how do u guys not spill everywhere???
January 29, 2026 at 4:23 PM
this is rly embarrassing but i hate when it snows in nyc. how do u guys not spill everywhere???
New item to impress/annoy friends & family just dropped. This winter's heating degree days to date, a very close proxy for temps, compared to the last...
45 wtrs - is 28th coldest
30 wtrs - is 11th coldest
15 wtrs - is 3rd coldest (wtr '13/14 was colder by far; this yr nearly tied with '14/15)
45 wtrs - is 28th coldest
30 wtrs - is 11th coldest
15 wtrs - is 3rd coldest (wtr '13/14 was colder by far; this yr nearly tied with '14/15)
January 29, 2026 at 4:34 PM
New item to impress/annoy friends & family just dropped. This winter's heating degree days to date, a very close proxy for temps, compared to the last...
45 wtrs - is 28th coldest
30 wtrs - is 11th coldest
15 wtrs - is 3rd coldest (wtr '13/14 was colder by far; this yr nearly tied with '14/15)
45 wtrs - is 28th coldest
30 wtrs - is 11th coldest
15 wtrs - is 3rd coldest (wtr '13/14 was colder by far; this yr nearly tied with '14/15)