Philip Pilkington

🇺🇸🇮🇷 Oil just fell to $87... but America’s shrinking stockpiles point to $126 a barrel by June Philip Pilkington, a macroeconomist, built his forecast on one number, which is how much crude and fuel the US has left in storage, including the Strategic Petroleum Reserve. Those stockpiles have dropped every month since the war began, and by that measure oil should be near $100 today. If the drawdowns continue at the same pace, Philip gets $126 by June 2027. If releases stop at the reserve’s legal floor it’s $147, and draining it to the physical limit still leaves $130. The bigger hit lands on Treasuries, where his model puts the 10-year yield at 5.8% to 6.2%, up from about 5% now, a level he says brings a financial crisis. He’ll change his call the day inventories stop falling, and so far they haven’t. @philippilk

Nvidia's Jensen Huang allegedly caught on camera being affectionate with Nvidia’s vice president of health care, according to The New York Times. The report comes after he was accused of having a relationship with an alleged Chinese spy. Huang is now also accused of having an extramarital relationship with Nvidia’s vice president of health care, Kimberly Powell, who is also married, according to The Times. The outlet reports that Huang and Powell were caught on camera being "affectionate" during a conference at a hotel in San Jose, California. Powell was promoted to senior director of AI business development in 2016 before being appointed vice president of health care in 2017. She reportedly reports to Huang. During the conference, a bystander allegedly caught Huang and Powell on camera. Huang's security sequestered the individual before making an offer to sign a nondisclosure agreement, according to the NYT.

Douglas Murray is a supporter of Donald Trump. 27 women have publicly accused Trump of sexual misconduct. Trump was found liable for the sexual abuse of E. Jean Carroll by a New York civil trial. Murray championed Trump after this was all in the public domain.

🚨 BREAKING: Hungarian PM Péter Magyar’s ex-wife delivers a powerful message: “The first step is not being afraid of Péter Magyar!” Judit Varga, Hungary’s former Minister of Justice under Viktor Orbán, broke her silence today ahead of her hearing before the parliamentary investigative committee, delivering a striking message. Let’s not forget: Magyar’s political rise was propelled by a secretly recorded conversation with his then-wife, captured in their family home and released publicly in March 2024. The recording was manipulated, and Magyar had used it to blackmail and intimidate her long before making it public. She has accused him of years of threats, humiliation and psychological abuse, even recalling that he staged a suicide attempt to terrorize her. Varga was summoned as part of a parliamentary investigation into alleged corruption and abuses within Hungary’s judicial enforcement system. Varga has firmly rejected allegations linking her to wrongdoing, while a former chief prosecutor recently testified that investigators had found she can’t be linked to the alleged corruption. Speaking out amid renewed political scrutiny, Varga urged Hungarians not to lose hope and delivered a deeply personal message: “Sooner or later, a great many lies come crashing down. (…) And to those who are discouraged, I’d like to say: wait and hold on to hope. (…) Don’t let the hate emanating from [Péter Magyar] take the place of love in your hearts.” Varga Judit’s testimony also casts a revealing light on Brussels’ preferred choice for Hungary’s prime minister. According to his former wife, Péter Magyar threatened her with criminal charges and imprisonment, repeatedly humiliated and verbally abused her at home, and manipulated a secretly recorded conversation. Her statements add another perspective to the public debate about who ultimately rose to power in Budapest and the political forces that supported his rise: „He humiliated and insulted me at home” - she added.

Japanese interest rates are surging as it's becoming clear the Iran war isn't ending soon Japan wanted inflation for decades... Now that they've got it, they can't deal with it. They can hike rates aggressively and blow up the yen carry trade. Do nothing, or even lower rates, and blow up the yen. Or sell USTs and drive up US rates and inflation. With such a high debt-to-GDP ratio, there are no easy choices left. The least painful option is to let inflation run hot. We don't own enough gold for what's coming.

You quoted my post, yet couldn't refute a single number in it, so you just slapped an "EU NGO" label on Serbia's own official data and told people to "ignore" it. Nobody said mining isn't important. Pointing out that ~3% of GDP isn't the "core" of the entire economy - and shouldn't operate without oversight - is basic economics, not NGO propaganda. Calling Serbia's own Ministry of Mining data, a Serbian court conviction for illegal arsenic and lead emissions (€8,500 fine on €1.66B in 2025 net profit), and Serbia's State Public Health Institute "manipulation" shows you aren't defending Serbia - you're just running PR. And trying to slap a pro-EU label on me is an even bigger joke than your claims about the mine! 😂

Calling official Serbian data "European NGO propaganda" doesn't change the math. Notice your unattributed chart stops in 2021-2022, a temporary CAPEX spike during mine construction. Look at what Serbia's own institutions report: Not the "core" of the economy: Mining accounts for only 2.4% to 3% of Serbia's GDP (97% of the economy is elsewhere). Profits vs. Royalties: In 2025 alone, the two Zijin companies in Bor made €1.66 billion in combined net profit. Meanwhile, total mineral royalties collected across ALL of Serbia in H1 2026 were just €99 million (~€200M/year pace). Even with corporate tax, the state gets a tiny fraction while raw concentrate leaves for China. Taxpayer subsidies: Before Zijin paid $350M for 63% of RTB Bor, Serbian taxpayers absorbed/wrote off nearly €1 billion of its €1.2B debt. Zero accountability: In Oct 2026, a Serbian court found Zijin Copper guilty of illegally emitting arsenic, cadmium, lead, and nickel for a full year. The fine? 1 million RSD (~€8,500) - pocket change for a company netting €500M+ a year, while Serbia's own State Public Health Institute ("Batut") documented elevated cancer rates in Bor and water tests found 3.5x excess arsenic and 17x copper in the local river. Demanding oversight and fair terms isn't "NGO propaganda" - it's basic economics and sovereignty.

Jared Kushner: If Europe could identify one person to speak on their behalf, that would be a bigger achievement than getting the Russians to include them in the negotiations.

JUST IN: 🇷🇺🇪🇺 The Russian leader of the Russian negotiating team Medinsky expelled the Europeans from the meeting: “We have no idea what europeans are doing here, this is a trialateral meating, they can hang out in the lobby if they want”

BREAKING: China’s PPI inflation rose +5.7% YoY in October, its largest YoY increase since June 2022. This also marks its 3rd consecutive monthly acceleration. By comparison, PPI stood at -3.6% in both June and July 2025. The surge was driven by higher energy and non-ferrous metal prices, alongside growing demand for AI-related hardware, pushing factory costs higher. Meanwhile, producer purchasing prices, which measure what factories pay for raw materials, energy and other production inputs, jumped +7.9% YoY, the largest increase since June 2022. Inflation is back in China.

🚨BREAKING: Carney claims the U.S. is a significantly greater national security threat to Canada than the Chinese Communist Party. “In terms of the security risks for our partnership, they’re much much much less than the security risks, for example, of the United States.”

Hahahahaha, foreign loans and heavy public spending on projects of dubious worth through unfathomable corruption schemes have been at the core of Serbia's "miraculous growth".

🇷🇸🗳️ The Student List in Serbia getting a very hard lesson in international business very fast: either a local oligarchy will own your companies or a foreign oligarchy will. Anti-corruption is fun until one of your key rivals starts poaching your companies...

I made the mistake of criticizing the EU’s financing of NGOs that are killing free speech. I was SCREAMED at, labeled as an EXTREMIST and called a PUTIN SUPPORTER by leftists. This all happened during a debate about FREE SPEECH.😂🥴🥱 🎥 @WebSummit

Óriási 😄😄😄😄 Merz is megunta a bohócot 😂😂😂

🇮🇷 11 ships ATTACKED in 1 week as Strait of Hormuz remains at SEVERE risk New UKMTO figures reveal the toll on shipping since the Iran war began on Feb. 28: -155 maritime incidents reported across the Strait of Hormuz, Arabian Gulf, and Gulf of Oman. -133 reports of vessel damage. -82 injuries or fatalities combined. -10 vessels lost, with 30 requiring assistance. Of the 11 attacks reported in the latest week, 8 struck in the Strait of Hormuz and 3 in the Arabian Gulf. 3 vessels sank, 5 needed assistance, and only 3 continued their journeys. The world's oil lifeline looks more like a death trap. Source: UKMTO, JMIC / Writer: Marie

🇺🇸🇨🇳 Is Jensen Huang being caught in a WAR between Washington's China hawks and America's AI giants? Economist Philip Pilkington reveals why Nvidia's CEO could be the biggest casualty of a battle over the future of AI: "The interests on one side are the extreme China hawks in the administration. The key people are Rubio and Stephen Miller, as far as I understand it. So you have the China hawks, and allied with the China hawks, just because it's in their business interest, are the closed-source model AI guys. Their model is threatened by the open-source DeepSeek model. And Jensen Huang is their saviour because he's selling them the GPUs to train the AIs. On the other hand, he's a giant pain in the ass because he keeps arguing for open-sourcing. There's a big war going on over this right now. And I think Huang's just the biggest and most visible casualty of that war." @philippilk