Syz the moment

SK Hynix ($330B) $MU ($355B) Samsung ($595B). Wait and see the look on everyone’s face when they find out the entire AI buildout will be bottlenecked by the tiny $AXTI ($1B) after the China’s new export controls. Source: Serenity @aleabitoreddit

The 2026 commodity index rebalancing (BCOM & GSCI) kicks off this week, forcing big adjustments in holdings. Precious metals stand out with massive estimated outflows—over $6.8B in gold and $6.8B in silver selling pressure. Silver's weight in BCOM drops sharply from ~9.6% to ~1.45%, triggering passive funds to dump futures. This could create short-term downward pressure on silver prices starting Thursday (Jan 8-14 roll period). Silver is trading around $78/oz today after huge 2025 gains (~150%), making it a prime rebalancing target. Expect volatility—analysts warn of potential dips, but fundamentals (industrial demand, deficits) remain bullish long-term.

Source: h/t @bloombergtv's @DRBCurtis Lisa Abramowicz Bloomberg

That is the scale of the move Donald Trump just announced. The US is officially escalating its push into the Venezuelan oil sector. Here is the breakdown of what is happening right now: 🚀 The Move: A US flotilla is already inbound to Venezuelan waters. The goal? To load up to $3B worth of "stranded" crude and bring it directly to US docks. ⚖️ The Control: Trump has stated this money will be controlled by the White House to "benefit the people of Venezuela and the United States." Energy Secretary Chris Wright is already on the move to execute. 🏗️ The Crisis: Venezuela’s infrastructure is at a breaking point. Without this "relief," analysts predict a total production collapse. Storage is full. The pumps are stopping. 📉 The Market: Brent and WTI are already reacting, sliding as the world braces for the "Donroe Doctrine." The Big Debate: Is this a strategic masterstroke to stabilize a collapsing neighbor and secure US energy interests? Or, as Yale’s Jeffrey Sonnenfeld suggests, is it an "imperialistic" move in a world already facing an oil glut? One thing is certain: The "wait and see" approach to Venezuela is officially over. We are watching a real-time restructuring of global energy flows. The meeting between the Energy Secretary and Chevron executives in Miami today will likely set the tone for the next decade of South American energy. Your turn: Is this the right move for US energy security, or does it set a dangerous precedent? 👇 Let’s discuss in the comments. Source: FT

• Peru alone holds roughly 22% of the World’s known Silver reserves. • Mexico dominates global Silver production, but its reserve base is much smaller than several peers. Source: Silver Gold News @SilverGold_News

Last time around... Nasdaq jumped 100% last six months ahead of peak, this is the tricky part. Source: Macrobond, TME

Here is the top 10 as illustrated, which corresponds exactly to Skytrax's official ranking for 2025. Source: @Nicolas T.

In geopolitical terms, the concept of the Western Hemisphere vs. the Eastern Hemisphere is a framework that divides the world into two distinct spheres of influence. Historically, this served to separate the "New World" (the Americas) from the "Old World" (Europe, Asia, and Africa). Under President Trump’s 2nd administration, this concept has been revitalized through a policy often referred to as the "Trump Corollary" to the Monroe Doctrine. This strategy shifts the focus of U.S. foreign policy away from global commitments in the East (like NATO or the Indo-Pacific) to assert absolute "preeminence" in the West. 1. The Hemispheric Divide The Eastern Hemisphere: Often framed by this administration as a region of "civilizational erasure" and competition. Trump’s strategy suggests that Eastern powers—specifically China and Russia—should stay out of American affairs, while the U.S. simultaneously reduces its traditional role as the "policeman" of Europe and the Middle East. The Western Hemisphere: Framed as the US "neighborhood" or "home turf." The goal is to create a "fortress" in the Americas where the U.S. exercises unchallenged control over security, trade, and resources. 2. The Monroe Doctrine: Colonial vs. Defensive The Monroe Doctrine (1823) originally stated that any intervention by European powers in the politics of the Americas was a potentially hostile act against the U.S. and notably to prevent European monarchs from recolonizing newly independent Latin American nations. Critics argue the doctrine was always a "colonial" tool because it didn't grant Latin American nations true sovereignty; it simply replaced European masters with American ones. 3. The "Trump Corollary" (Monroe 2.0 or Donroe doctrine) The 2025 National Security Strategy (NSS) explicitly introduced the Trump Corollary. It links the 19th-century doctrine to modern "America First" goals in several ways: - Resource and Asset Control: The U.S. now claims the right to deny "non-hemispheric competitors" (China) the ability to own "strategically vital assets" in the Americas, such as ports, mines, or 5G networks. - Militarized Border & Migration: The Western Hemisphere is prioritized as the "main line of defense." Trump has used this framework to justify military operations in the Caribbean and near the Mexican border to stop migration and drug trafficking, treating these as "invasions." - Regime Change & Sovereignty: The recent 2026 military action in Venezuela to remove Nicolás Maduro is the most direct application of this doctrine. It sends the message that the U.S. will manage the affairs of the hemisphere and will not tolerate "hostile" regimes aligned with Eastern powers. - Territorial Expansion: Informal discussions about Greenland or "annexing" parts of Canada are viewed by some as an extreme, modern extension of the "the Monroe Doctrine.