It’s been 30 minutes — and nothing has printed higher much than the 2:03:25 call.Peter PhamJan 20, 2026∙ Paid3ShareTheir abstraction is an intellectual waste of space—because it almost never prints on the tape, except as rarely as Halley’s Comet.Meanwhile, a few libertarians and guys that get AUM from China are still telling me how “broken” the system is - to pump metals And then you’ve got capital-allocation grifters trying to pitch the next destination for EM and …Continue reading this post for free, courtesy of Peter Pham.Claim my free postOr purchase a paid subscription.PreviousNext