Independent Investment Research and Commentary.
Baltimore, MD
Joined May 2009
- Tweets13.6K
- Following200
- Followers12.1K
- Likes576
Golden Dome's classified tests were deliberately designed to fail. They didn't. Engineers hunting for the breaking point and not finding it tells you more than a dozen demos staged to prove what already works.
robinhood:0xb2a9a1d670155deffdff950985b5b4a587a9b583
The Pentagon quietly ran live-fire tests on Golden Dome hardware and it shot down everything put in the air in 34 minutes. For a program critics wrote off as a costly boondoggle, that is an awkward result.
$ITA
Your rooftop makes power, your battery stores it, and a node could convert some of it into AI processing. That turns a house from an electricity consumer into a seller of compute capacity.
$TSLA
Rooftop solar built industries in financing, inverters, batteries, and grid software, not just panels. Distributed AI compute needs manufacturing, cooling, security, load management, and an aggregator.
$ENPH
Power shortages, permitting delays, transmission queues, hostile neighbors. The binding constraint on new data centers has quietly moved from engineering to zoning boards.
$DLR
Utility-scale plants survived rooftop solar. They just lost the monopoly. A distributed compute layer would do the same thing to the mega campus, and the market is still pricing only the campus.
$FSLR
Twelve seconds in the air at Kitty Hawk. Sixty-six years later, a man walked on the moon. Brian Hicks says robots are on the same curve, and Wall Street is still timing the first flight.
The AI buildout is short on power delivery, not chips. Nobody has a spare 500-megawatt interconnect. Everybody has 500,000 houses already wired, metered, and connected to fiber.
$NVDA
Hemerdon has operated before, the geology is known and much of the infrastructure still stands. When governments start competing for supply, a restart is worth about ten years more than a discovery.
$MP
Mining was once about grade and cost. Now the first question is where the deposit sits. A tungsten resource under an allied government is worth more than an identical one inside a rival's sphere of influence.
solana:CJERbMbTRZTH8nWwfNHdE6Gsb81MZHtTFJXg4Nkpump
The US moved to block tungsten scrap exports for a year. The cheapest ore body in America turned out to be the used carbide already sitting above ground, fully refined, and quietly leaving the country.
$REMX
The Royal Navy put a quantum clock on a submarine and sent it down on multiple dives. The clock worked. Here is why a very precise clock is a very big deal.
Tungsten has the highest melting point of any pure metal and extraordinary density. Nobody checks its price before breakfast, yet drilling equipment, aircraft, semiconductor fabs and penetrators all depend on it.
$CRS
Britain's National Wealth Fund committed up to 71 million pounds to restart the Hemerdon mine, then secured an exclusive window to negotiate for half its output. That is not an investment thesis, it is a supply hedge.
$XME
Everyone is cheering Greenland's gold rush. A mine is a hole in the ground with a liar standing next to it, and Wall Street just got a lesson in why that old saying has survived.
Once electricity is classified as a strategic asset, everything that produces, moves or protects it inherits the classification. That is a much longer list of industries than most investors are currently pricing.
$FCX
Rural electrification was never about lights and the interstates were never about roads. Each one quietly rebuilt agriculture, manufacturing and retail on top of itself. Foundations only look obvious in the rearview mirror.
$CAT