(Trump said Syria will help attack Lebanon. IRGC issued a warning to Jordan which has been
defending Israel. I stopped listening after Sharmine's opening. She was great as usual.)
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Israel suspends entry of aid to Gaza as collective punishment for Iran strikes
The Israeli military shut down all border corridors into the Gaza Strip on 8 June and suspended the entry of humanitarian aid as a form of collective punishment over Iranian strikes that responded to Israeli violations in Lebanon.
The Israeli Coordinator of the Occupation Activities in the Palestinian Territories (COGAT) confirmed the closure will remain in place while Israeli authorities assess the ongoing “security situation.”
COGAT has claimed that the amount of humanitarian aid entering Gaza exceeds the population’s nutritional needs.
(Israeli lies about meeting their nutritional needs. The water available to Palestinians is less than what
a human being needs to digest food.)
https://thecradle.co/articles/israel-suspends-entry-of-aid-to-gaza-as-collective-punishment-for-iran-strikes
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Netanyahu Confirms Israel 'Holding Fire, For Now' - Rejects Iran Red Line To Not Attack Lebanon
Trump: Both sides, Israel & Iran, are looking to do an immediate CEASEFIRE!
https://www.zerohedge.com/geopolitical/trump-urges-immediate-halt-iran-israel-trade-strikes-massive-iranian-petrochemical
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India Rescues 24 Crewmembers From Stricken Tanker Off Oman After US Airstrike
Pentagon: crew failed to comply with directions from US forces.
https://www.zerohedge.com/commodities/houthis-declare-total-ban-israeli-ships-dual-chokepoint-crisis-stokes-supply-chain
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US Bankruptcy Filings Surge 7% YoY In May
In February, the rate of inflation was 2.4 percent, which surged to 3.3 percent in March and 3.8 percent in April.
https://www.zerohedge.com/political/us-bankruptcy-filings-increase-7-percent-yearly
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Saylor's Strategy Buys The Dip As Bitcoin Nears Mining Cost Floor
A week after SELLING 32 Bitcoin - and (in part) triggering a waterfall decline in crypto - Bitcoin treasury company Strategy just BOUGHT an additional 1,550 BTC for approximately $101.3 million at an average price of $65,332 per bitcoin between June 1 and June 7, according to an 8-K filing with the SEC on Monday.
Strategy now holds a total of 845,256 BTC - worth around $53.5 billion - bought at an average price of $75,680 per bitcoin for a total cost of around $64 billion, including fees and expenses, according to the company's co-founder and executive chairman, Michael Saylor.
This means Saylor's horde represents 4% of bitcoin's 21 million supply cap.
Was Saylor's 'sale' last week designed to lower the price for this big purchase?
Bitcoin had been trading for around $73,700 before the sale announcement.
However, the news, despite increasingly being flagged by the company as a possibility in recent weeks, saw the market subsequently drop around 20% to a low of roughly $59,300 on Friday, before recovering back above the $63,000 level over the weekend.
Last week, JPMorgan analysts said Strategy's recent decision to sell 32 BTC "spooked" markets even if the sale was "symbolic and voluntary," intended to demonstrate the company's commitment and flexibility to preferred stockholders.
As TheBlock.co reports, Saylor posted another Strategy bitcoin acquisition tracker chart on Sunday with the caption "A good time to add more dots," a commonly-understood signal that the largest corporate bitcoin holder may disclose fresh bitcoin purchases this week.
The framing this time went further than the usual nod toward another buy, in that it explicitly positioned current price levels as attractive, with bitcoin trading in the low $60,000 range.
Following bitcoin's worst week in two years, Strategy(MSTR) Executive Chairman Michael Saylor published a framework on X, arguing that the Bitcoin community is evolving into four distinct ideological camps.
As CoinDesk reports, rather than viewing these groups as competitors, he presents them as complementary forces that will collectively shape bitcoin’s future.
The first group, Bitcoin Maximalists, sees Bitcoin as the ultimate monetary breakthrough. They believe bitcoin has already solved the problem of digital scarcity and offers superior property rights, protection from inflation, and economic empowerment. Their focus is conviction: bitcoin is not one crypto asset among many, but the dominant digital monetary network.
The second group, Bitcoin Capitalists, views Bitcoin as a form of digital capital that should be integrated into the global economy. They support corporate treasury adoption, institutional custody, bitcoin-backed securities, lending markets, and broader financial infrastructure. Their goal is to expand bitcoin's reach by embedding it into existing economic systems rather than replacing them.
The third group, Bitcoin Technologists, focuses on improving the protocol. They argue that Bitcoin must continue to evolve to address challenges in scalability, privacy, usability, security, and future threats such as quantum computing. While they support innovation, Saylor notes that changes to bitcoin's base layer must be approached cautiously to avoid unintended consequences.
The fourth group, Bitcoin Fundamentalists, prioritize protecting bitcoin's original principles: decentralization, self-custody, immutability, censorship resistance, and individual sovereignty. They are wary of excessive institutional influence, financialization, and protocol changes that could compromise Bitcoin's core characteristics.
Saylor's central argument is that Bitcoin needs all four perspectives. Maximalists provide conviction, Capitalists drive adoption, Technologists ensure long-term resilience, and Fundamentalists safeguard the protocol's integrity.
Saylor argues that Bitcoin's most successful path lies in a balance among these four forces.
The piece was published as observers debated whether Strategy's June 1 disclosure had itself contributed to the latest leg lower.
That bitcoin is in a bear market is not in dispute, but as BitcoinMagazine.com reports, Jim Ferraioli, Director of Digital Currencies Research and Strategy at Charles Schwab, argued last week on Bloomberg that this selloff has a measurable cost floor, and that floor is built not from sentiment or chart patterns, but from the physics of energy consumption.
https://www.zerohedge.com/crypto/saylors-strategy-buys-dip-bitcoin-nears-mining-cost-floor
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Young Israeli voters shifting right, Netanyahu leads as preferred candidate - poll
A recent survey reveals a significant shift in young Israeli voters' political preferences, with a growing right-wing alignment and strong support for Netanyahu.
Recent surveys have revealed surprising shifts in the political preferences and values of young Israeli voters, indicating a strong right-wing alignment.
According to a recent Maariv poll published this past week conducted by Lazar Research, led by Dr. Menahem Lazar in collaboration with Panel4All, a majority of first-time voters in Israel’s upcoming Knesset elections-young people between the ages of 18 and 22-identify as right-wing.
The survey finds that 56% of this age group considers itself right-wing, compared with 44% of Israelis aged 23 and older.
Among younger Israelis, 22% describe themselves as center-right, 14% as centrist (compared with 27% of older Israelis), and 8% identify as center-left or left-wing.
The poll also found that the preferred prime ministerial candidate among young voters is Prime Minister Benjamin Netanyahu, garnering 35% support, followed by former prime minister Naftali Bennett at 19%. Other candidates received considerably lower levels of support.
Post-October 7 identityThe survey also revealed that the events surrounding October 7, 2023, and their aftermath have had a profound impact on young people's relationship with their faith and Jewish traditions.
More than half (57%) of respondents indicated that their sense or practice of religious faith has grown stronger since October 7, while 54% reported a heightened connection to Jewish tradition.
This surge in religious identification comes amid an overwhelming sense of pride in their Israeli identity. 68% of respondents expressed pride in being Israeli, with 46% calling Israel a "very good" place to live, and 36% labeling it a "good" place to live, culminating in a 79% overall satisfaction rate with life in Israel.
Breaking these sentiments down further, young Israelis aged 18-20 are the most proud to be Israeli, with 75% expressing strong national pride. Religious individuals also showed a higher level of national pride, with 85% affirming they were very proud to be Israeli.
In response to potential future reserve duty, a significant majority, 64%, stated they would report without hesitation. Another 33% said they would do so out of necessity, while only 3% expressed uncertainty or a refusal to serve again.
The survey, conducted between March 30 and 31, 2026, included a representative sample of 400 Israelis aged 18 to 22, covering both Jewish and Arab populations, with a maximum margin of error of 5%. Responses from older age groups were gathered in a separate survey conducted earlier.
https://www.jpost.com/israel-news/politics-and-diplomacy/article-892032
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DOUG CASEY’S NEXT BIG WIN: OIL STOCKS POISED FOR A RUNAWAY BULL MARKET
Legendary investor Doug Casey has identified a sector that the market has almost completely forgotten. Oil stocks trade at valuations that would have seemed impossible just a few years ago, yet they come with solid cash flows and attractive yields. With political tensions in the Middle East refusing to cool, this forgotten corner of the market may be about to wake up in dramatic fashion.
THE HISTORICAL COLLAPSE IN ATTENTION
In 1980, during the last major oil market peak, oil and natural gas stocks made up 30 percent of the S&P 500.
Today that weighting has fallen all the way to just 4 percent.
Investors have turned their backs on the entire sector.
THE ATTRACTIVE FUNDAMENTALS TODAY
Oil has reached what Casey describes as a new equilibrium level around 95 dollars per barrel.
Production costs for the industry sit near 60 dollars.
This spread allows producers to generate strong returns at current prices.
See also The US bond market crisis is intensifying. The Fed may have to raise rates again or risk another 2022 to 2023 style inflation spiral
THE GEOPOLITICAL TAILWIND
The conflict between Iran and Israel shows no signs of ending.
Casey puts it bluntly: “This thing with Iran and Israel ain’t going to go away.”
He believes oil prices are going to go higher for political reasons.
THE DIVIDEND AND VALUATION EDGE
Most oil stocks offer fat dividend yields that the market is completely ignoring.
The sector trades at deeply depressed valuations relative to almost everything else.
Doug Casey sees this as the setup for a runaway bull market in oil stocks.
THE BOTTOM LINE
Doug Casey sees the oil stocks sector as one of the most compelling opportunities available to investors right now. The extreme underrepresentation in major indices, reliable profitability at current prices, and building pressure from geopolitics create conditions for significant appreciation that the broader market has yet to price in.
https://citizenwatchreport.com/doug-caseys-next-big-win-oil-stocks-poised-for-a-runaway-bull-market/#more-223684