Lightnews — Scholar-powered news

Tom @thomasafink.bsky.social · 4h

I wonder if this is something they do in Pennsylvania, and whether they handout degrees in Economics to less the fortunate upper class.

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Tom @thomasafink.bsky.social · 6h

So when will someone finally run who’s willing to critic post-9/11 legislation and the expansion of executive powers? Not with reckless populism and conspiracies, but through thoughtful, meaningful reform. Literally feels like there's no one out there made for this moment. I'll keep doom scrolling..

Asha Rangappa @asharangappa.bsky.social · 2d

As I observed in my Substack Round Up this past week, the endgame of the military strikes against drug cartels in international waters is to lay the groundwork to use lethal military force against Americans at home. Pay attention open.substack.com/pub/asharang...

Reposted by Tom

Asha Rangappa @asharangappa.bsky.social · 2d

As I observed in my Substack Round Up this past week, the endgame of the military strikes against drug cartels in international waters is to lay the groundwork to use lethal military force against Americans at home. Pay attention open.substack.com/pub/asharang...

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Barred and Boujee aka Madiba Dennie @audrelawdamercy.bsky.social · 22h

aaand we are officially in the hide-your-neighbors stage

Sophie Sherry @sophiesherry.bsky.social · 1d

During a military-style raid on a building in Chicago’s South Shore, one resident heard a knock on his door.   It wasn’t the feds — it was a mom and her 7-year-old daughter, pleading for help.

He let them hide in his unit for the next 3 days.

chicago.suntimes.com/immigration/...

Neighbor shielded 7-year-old during South Shore federal raid: ‘I didn’t want them to take her’

During the Sept. 30 raid one tenant protected a terrified girl and her mom. Remnants at the complex, including a detailed map of all the units, offer clues to what authorities may have known before th...

chicago.suntimes.com

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GenevaGirl @michellev.bsky.social · 7h

We’ve reached *that* stage in the gold rally where I just passed by a queue of 30-40 gen z in front of the Goldhaus jewelry shop in Geneva

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Carl Quintanilla @carlquintanilla.bsky.social · Aug 11

(AP) — The man who oversees the nation’s military reposted a video about a Christian nationalist church that included various pastors saying women should no longer be allowed to vote.

@apnews.com
apnews.com/article/wome...

Hegseth reposts video on social media featuring pastors saying women shouldn't be allowed to vote

The man who oversees the nation’s military has reposted a video on X, formerly Twitter, about a Christian nationalist church that included various pastors saying women should no longer be allowed to v...

apnews.com

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George Pearkes @peark.es · 9h

Great Bloomberg coverage of the massive squeeze in silver
www.bloomberg.com/news/article...

(Bloomberg) -- The London silver market has been thrown into turmoil by a massive short squeeze, driving prices above $50 an ounce for only the second time in history and stirring memories of the billionaire Hunt brothers' notorious attempt to corner the market in 1980.
Benchmark prices in London have soared to near-unprecedented levels over New York. Traders described a market where liquidity has almost entirely dried up, leaving anyone short spot silver struggling to source metal and forced to pay crippling borrowing costs to roll their positions to a later date.
And the squeeze has become so dramatic that some traders have rushed to book slots in the cargo holds of transatlantic flights for bulky silver bars - an expensive mode of transport typically reserved for more valuable gold - to profit off the massive premiums in London.

Chart showing London silver bullion inventory

Chart of New York vs London silver futures

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Tom @thomasafink.bsky.social · 22h

SODL

Bob Elliott @bobeunlimited.bsky.social · 22h

Another failed stress test today for digital gold.

Reposted by Tom

Dow @dow.bsky.social · 23h

“He begged us for it. Begged like a dog.” — Nobel committee member

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Cas Piancey @cascoinfoundation.org · 23h

Donald Trump is a fucking idiot

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George Pearkes @peark.es · 23h

An ancestral sickos meme. “Aye…ha ha ha…AYE!”

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FinTwitter @fintwitter.bsky.social · 23h

TRUMP: UNITED STATES OF AMERICA WILL IMPOSE A TARIFF OF 100% ON CHINA, OVER AND ABOVE ANY TARIFF THAT THEY ARE CURRENTLY PAYING

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FinTwitter @fintwitter.bsky.social · 23h

*TRUMP: US WILL IMPOSE 100% TARIFF ON CHINA STARTING NOV 1 *TRUMP: US TARIFF ACTION BASED ON CHINA'S EXPORT CONTROLS

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kingbradentucky.bsky.social @kingbradentucky.bsky.social · 1d

The frog costume I bought yesterday for $30 is now $45.

#Trumpflation #NoKings

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GenevaGirl @michellev.bsky.social · 1d

The Nobel committee is no match for the gambling degenerates

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Tom @thomasafink.bsky.social · 1d

Pray for v

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Tom @thomasafink.bsky.social · 1d

These days, a stock’s price is often influenced more by the ETF it belongs to than by the fundamentals of the underlying commodity. So, how to arb that?

Tom @thomasafink.bsky.social · 1d

This is like some Great Leap Forward stuff. Pure ideological destruction.

Invictus @tbpinvictus.bsky.social · 10d

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HudsonRiverCroc @hudsonrivercroc.bsky.social · 1d

Super easy to take advantage of insider knowledge in unregulated markets

Jason Furman @jasonfurman.bsky.social · 1d

The other day a student asked me about the prevalence of insider trading in prediction markets. I now have an answer.

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southpaw @nycsouthpaw.bsky.social · 1d

No money flowing to USAID and hardly any to PEPFAR despite their duly enacted funding; well north of twenty billion dollars being deployed for other weird hair autocrats. www.washingtonpost.com/business/202...

The U.S. just bailed out Argentina, treasury secretary confirms

The U.S. Treasury has finalized a financial rescue of Argentina, including a currency swap arrangement with the country’s central bank.

www.washingtonpost.com

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Invictus @tbpinvictus.bsky.social · 10d

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Invictus @tbpinvictus.bsky.social · 2d

This is some straight-up bullshit right here.

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New York Attorney General Letitia James @newyorkstateag.bsky.social · 1d

This is nothing more than a continuation of the president’s desperate weaponization of our justice system.

I am not fearful — I am fearless.

We will fight these baseless charges aggressively, and my office will continue to fiercely protect New Yorkers and their rights..

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Tom @thomasafink.bsky.social · 1d

Lots of newly minted "gold investors" on Reddit.

Dow @dow.bsky.social · 2d

Would make total sense for gold to pop its head up thru 4k, exhaust the bulls, then fall back below 4k and into a more serious bout of profit taking.