SFM - Sprouts - a component of the Russel 2000. Inflation.

Sprouts dates back to 2002.

https://about.sprouts.com/about/ 

Note the steep price rise from 2023 to present. Represents True Inflation.

Trump Bump Slows. Bitcoin shows record strength.

 Bitcoin hit the $92,000 and impressive strength relative to the S&P this Monday, Nov. 18th. Does this mean that Crypto is here to stay? There is certainly a Trump-Bump, but unlike the S&P, Bitcoin has remained as historical max figures even as news stories ebb and flow.

(Courtesy Fidelity Online)

The Red Rollercoaster is Bitcoin - Grey is FXAIX - Christmas Colours are Brazil Ferrous Miner "Vale"

What could Elon cut? VA is at top of list for size.

Approaching half a million employees, Veteran Affairs may be at the top of the chopping block for government cuts. However, VA median compensation is third from the bottom in the chart prepared by the WSJ.

Source: WSJ 

Canyon Ultimate 2022 Headset Bearings from Acros

Gouge of lower bearing outer race seat

Rough texture of lower bearing seat - legacy of carbon fibre?

 

Lower is the taller of the 2 at 6mm (vs 5.5mm for the upper bearing)

Original left, replacements right, direct from Acros ~62 Euro

China Stealth Fighter - J35A. F35 Similarities.

• The J35A has wing chamfers on trailing edge corners
• Angled Intakes like F35
• 2 WS-19 Engines -- F35 has one engine from Pratt and Whitney

CNSPhoto/Reuters

F35

Yang Li Standup

https://www.youtube.com/watch?v=QRpCIBwSM8U&ab_channel=%E4%B8%80%E8%B5%B7%E7%9C%8B%E7%BB%BC%E8%89%BA

Yang Li - Stand Up Comedian

Vale to invest in Oman

 In late October, Ferrous Miner Vale announced this partnership with Jinnan Steel to invest in Oman.

• https://www.vale.com/w/vale-and-jinnan-steel-and-iron-group-annouce-investment-in-iron-ore-concentration-plant-in-oman/-/categories/1968809
• Jinnan Steel will operate the plant and is slated to invest USD $400M

SOHAR site in Oman

Oman and the Gulf of Oman

In other news, VBM - Vale Base Metals CEO Shaun Usmar was present on the Vale 3Q Earnings Call to speak about diversification in Vale's "Mineral Endowment", which he repeated stated was surprisingly good.

• https://vale.com/w/vale-base-metals-appoints-shaun-usmar-as-new-chief-executive-officer-1
• https://www.bloomberg.com/news/articles/2024-07-03/vale-picks-mining-veteran-usmar-to-lead-base-metals-turnaround