Member Info for WiseAfterTheFact

@Solaris - exactly, that's what I've been hinting at as a risk here. But actually this whole fund thing (or at least what we know of it so far) makes little sense, because as described it's just a typical Sovereign Wealth Fund, and that does not explain how Trump gets his pound of flesh from it (or the assets which are contributing to it). There could be a nasty little devil in the detail of this...

sergei lavrov saying russia never agreed to any peacekeeping troops in ukraine, european or otherwise, and that any claim to this effect (as was made by trump) is a "deceit". seems like trump has been making **** up again, confusing his fantasies with reality, as usual...

Absolutely. GLTA!

Good grief @johnsilk - you mean no-one's buying?

Funny how the market seems decidedly unimpressed with all this tremendously good news people here are reassuring themselves with... If nothing else, I would treat with a lot of caution the addition of "and other resources" to the description of the deal concerning critical minerals. And the fact that even the broadest details of the deal have not been revealed.

The other 50% to the US, as Trump originally demanded?

As reported there, it would basically just be a Sovereign Wealth Fund. So what's the catch? What's in it for Trump?

And I guess we see the market reaction to Keir's sub grovelling. Anyone who held shares in any Chinese companies recently will recognise the pattern: relentless Wall Street selling pressure on any countries that had incurred the wrath of the Tangerine Toddler, completely regardless of company fundamentals. Expect a barren period.

Well if there's , say, collusion amongst traders to move the market one way or another then it's against the market rules. But this happens all the time regardless (and with pretty much every stock on every market). Google 'Confessions of a Market Maker' and you can read about some of the techniques they use.

'move' the markets.

@Badland - the big players DID buy in ages ago (and someone listed all the major holders just yesterday). But of course they're still trading it up and down on the basis that a/ yes they know more than us mere mortals and b/ they can more the market themselves, thus creating trading opportunities and thus higher profits.

"Putin said Monday that he has not discussed resolving the conflict in Ukraine in detail with Trump and neither did Russian and American negotiating teams when they met in Saudi Arabia last week."

Even a day in politics is along time with Trump in charge. Friday's price could be more driven by the Tangerine Toddler's latest ADHD temper tantrum rather than RR fundamentals.

Meanwhile, the US has tabled a UN General Assembly motion on Ukraine which does not refer to Russian withdrawal or Ukraine's territorial integrity, thus announcing it is now basically on Russia's side, and directly contradicting one from Europe and Ukraine itself. Putin must surely barely believe his good fortune...

All very well, but what's really needed is 100k EU troops and as much armory as can be mustered waiting on the Polish border, with guaranteed US air cover, ready to move into Ukraine the moment the so-called Trump-Putin cease-fire is announced.

@JohnSilk - yes, there's at least an ambiguity there, according to the translation.

@Alex - and Musk saying that the Reuters' report of cutting of Ukraine's Starlink is "a lie". (Guess that's another global news agency banned from the White House media centre...)

@OnlyoneWHUFC - "missed" in the sense that your summary portrayed Z's position as defeated/ist, but actually his response is very clever and puts the ball right back in Trump's court. But "Very little wriggle room" - absolutely. And if the EU does not come to his rescue pretty soon, it's all over (see my post earlier today about this).

@Onlyonewhufc - yes, but you missed the key part: Zelensky would "give up presidency" IF Ukraine could join NATO. Very smart move. As for Leon Skum threatening to cut off Starlink: I imagine that, on reflection, even that messianic (but cowardly) maniac would realise it would surely spell personal doom for him.

Yeah. Surrender is "ending the war". Well done Trump and Musk. Bye bye FXPO.