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The Shit to Know Thursdays
Nourish your brain with this week's news
The Shit to Know Thursdays
Good ol Shit to Know Thursdays, finally after a long week of not knowing shit you can act smart in front of your girlfriend for 20 minutes.
Enjoy folks,
Market Indices & Commodities
Gold | $2,715.04 | +0.60% |
Copper | $4.41 | +1.14% |
Silver | $30.86 | +0.38% |
NASDAQ | $19,338.29 | -0.89% |
S&P 500 | $5,937.34 | -0.21% |
TSX | $24,789.30 | +0.82% |
CSE | $133.72 | +2.15% |
Stocks
Monumental Energy $MNRG.V $MNMRF Fuckin Rips
Tuesday Pre-Market when this thing was around 0.07 we blessed your inbox with a Stock Tip Tuesday on this Gem and since then it hasn’t disappointed, up 126% on the Canadian Markets and almost 100% on the US OTC markets - on strong volume as well.
Since most of you are American - here is the OTC depth
Not Too Shabby.
So why is this little Nano Cap Oil & Gas Company taking a moonshot right now? For all the people who missed out on Tuesday’s newsletter - here is a re-cap.
Oil and Gas is Set to Perform Under Trumps Leadership:
Trump’s policies are favorable for the oil and gas industry, including reduced regulations and expanded drilling permits.
Oil prices hit a three-month high:
Jan 10th 2025, Brent Crude Prices sky-rocketed to a 3-month high touching $80.67 per barrel due to tighter U.S. sanctions on Russia, disrupting crude exports to Asia. Monumental Energy’s production at Brent crude pricing enhances its revenue potential.
Monumental Energy in New Zealand:
New Zealand offers high energy pricing (Brent crude benchmarks and competitive gas prices), robust infrastructure, and strong market demand.
Monumental Energy has a stake in New Zealand Energy Corp. (NZEC) and projects like the Tariki-5 gas well, expected to generate significant cash flow by Q1 2025, with contracts secured for stable revenues.
The company benefits from a 25% royalty interest in the Copper Moki workover wells, further diversifying its revenue streams.
Anyways - the market fucking loves oil & gas and Monumental appears undervalued amid all these catalysts.
Keep an eye out folks.
Companies
Anderson to Shut Down Hindenburg Research
The infamous short seller Nathan Anderson is going to shut down Hindenburg Research, 7 years after he founded it.
This is the firm behind some of the highest profile bets against companies like Super Micro Computer ($SMCI) and Nikola ($NKLA).
Anderson had become one of the most prominent activist short sellers on Wall St, and is known for his relentless pursuit of companies he thought were acting illegally.
Activist short selling is, in short, fucking difficult. Big Wall St institutions hate these activists and tend to make their job pretty hard.
Anderson in particular rose to fame after publishing a report against the electric truck company Nikola at the time, a favorite amid the surge of businesses going public via shell companies known as special purpose acquisition companies.
This case drew vast media attention and brought Anderson a huge following.
Hindenburg’s work led to fraud charges and indictments against dozens of people. This has resulted in stupidly expensive legal battles.
To be honest, I don’t blame this guy for wanting to shut this shit down. This sounds like the most stressful job ever.
Crypto
Syria is Embracing Bitcoin
Put simply, Syria’s economy is fucked. To be fair, it’s hardly surprising. The country has faced a dictatorship since the 1970s, a decade of war and the country has just been taken over by a bunch of jihadists.
The conflict which started in 2011 has ruined the country in every way. The Syrian pound (SYP) has lost more than 99% of its value since the start of the war. Hyperinflation has also turned necessities like food into luxuries for normal citizens.
Given this dire situation, the country (which is about the same size as South Carolina) has announced plans to legalise Bitcoin, use it to back its national currency and may even use its plentiful energy reserves to mine it.
This is pretty crazy. This certainly marks a major turning point in global financial policy.
Who knows? Maybe other countries with fucked up economies will follow suit…
Thank You
That’s all Folks
Nearly fucking there. Go hard or go home boys.