Hello, and thank you,

For taking the time to look at my geopolitical commentary and model portfolio signals service. Which includes a full article daily on what is happening in the world, geopolitics, major economic central bank events, and theories I may have recently come up with about the future course of things.

My track record is formidable, but it is not perfect.

My goal is to help as many well thinking traders and investors around the world as possible. This service is an attempt to cover several bases in as succinct, time saving, and powerful a manner as possible.

There is not enough time, for any of us, to describe all the detail of the analysis, which largely comes from four decades of experience. Where I reached the highest echelons of investment banking and even economic thought at times.

Senior Investment Bank Strategist in London, Singapore and Sydney. Including being a keynote speaker around the world for respected institutions such as the APEC summit, Caixin summit in China, and Euromoney national conferences in Europe, the USA, Singapore, China and Australia. Guest speaker for the top clients of EY, KPMG, Deloitte, NAB, Macquarie Bank and many others.

In my to-the-point and sometimes contrarian, even controversial comments, views and forecasts, I work to weave it all together and distill to as straight forward a brief commentary as possible. I am not trying to impress with endless words and long reports. I am not trying to impress with 'volume' as much of the industry does.

The report that is from the day I wrote this note for you, follows below. The good and bad, but it gives you an idea of what we do. The thing is, markets are always evolving and we must evolve our approach with them. Today's article was a little different to the usual. Which would normally be the war in the Middle East, the likely trajectory of events, or the Federal Reserve or some other key economic understanding. I hope it helps just the same, because the points made are very real and timeless. My work is delivered with some attitude and some humour, I hope, at times too. I am a real person trying to help, and I trust this will add value for you.

2026
Has been one of our best years ever. Catching and taking profits near the top of the Silver, Gold, and then Oil rallies. We forecast the war before it began, that it would last months and would be an extremely challenging drawn out process on all sides. The tragedy is there for all to see, and we continue to work to protect our clients and members from such events.

There are no promises as to future performance, how can there be. You can know, there is a real and strong will to get it right for you. I have no doubt we have out-performed the top investment banks on Wall Street this year, in both reading macro economic trends and market directions. And I have also got some things wrong. We take a diversified approach as you will see below, because sometimes it can be the idea you are least sure of that turns out to be the big winner of the moment.

I am again drastically cutting the fees for this service to my once only special introductory offer levels, and I will now keep these prices where they are permanently. Professional traders will enjoy the service as much as those of you just beginning your journey. So it really is a bargain, to see things first that the Wall Street media has not even thought of yet, to understand major market moves completely differently to how they are being reported, and most importantly, to be globally aware and act early on market moves as they are only just getting started.

My approach, I call "macro+active" with "unlimited upside". We always have stop loss orders, but never set take profit levels in advance. That whole story about setting your stop and profit levels, that is just an industry charade to keep you trading far more than you need to. We limit our losses. Not our profits. Hey presto, instantly better performance long term.

I know of $8,000 courses that are popular and yet will not give you strong performance from day one, or convey the four decades of experience that I hope I will to you. So that you can find your own unique style, with a little help, to achieve what you are looking to discover in the chaos, yet seeking of the truth, world of financial markets.

We trade the world. I hope you will join us.

Clifford

Thank you.

Update complete

Friday, 31 July, 2026.

Spectacular Tech, but Situational Awareness? Fund Collapse!

Good afternoon,

It would seem not so aware at all, and this is typical of the madness, the stupidness of Wall Street. It is also typical of a frothing end of super cycle?

The latter remains to be seen, and the sector just had a spectacular one day rally which may be linked to the 'situation'.

How, How, How can people be so stupid as to invest $US 45 billion in this start up fund. That has now likely lost $25 billion and possibly much more. Unable to meet margin calls, people are still trying to assess the damage. The Fund has been forced to exit all its publicly traded positions.

This may explain the past week or so of heavy tech sector downside, and you can be sure lhe word leaked and people played with this situation. Driving the price down at first, then when the sell orders were complete, we get yesterday's sharp rally. The fund was forced to sell and then the market reversed?

Why I say stupid for the investors is, get this, the guy is 25 years old, worked at OpenAI only as researcher, got fired from Open AI, wrote a few essays on how data centres are the next big thing and software companies were in trouble. He did a start up hedge fund and at the start of July had $45 billion under management??? Thick as planks Wall Street. The guy isn't even a trader, has almost no experience at anything, so let's give him $45 billion to trade financial markets?

Laugh out loud what could possibly go wrong?

Now, we touch wood, as trading is always hard, but basically the people who organised that fund and the investors, Goldman Sachs and a few others are the ones to blame, and show just how not street savvy Wall Street has become.

We gave back some of our profits on our short stocks positions, but continue to do well overall with the strong Euro, AUD, Oil and Gold.

From here we discover if that was just a one or two day relief rally from this fund unwinding, or is something real? The market is not out of the woods yet.

Clifford

Macro+Active

My preferred broker www.Propex24.com

For educational purposes only as a guide to possible market directions.Trading is an individual journey you must forge yourself and we hope this information is helpful. Though, as opinion only, views here cannot be relied upon to be accurate.

Think before you trade.

AUS200

31 July, 8985

BUY at Market, stop loss 8945.

SHORT at 8976, closed at 9013.

SELL at 8935, stop loss 8989.

These are absolutely huge swings back and forth. It suggests tremendous built up potential energy that has to be released one way or the other almost immediately. We are going to buy here in the low part of the range which gives a better risk reward scenario, but is a little random too. We are either entering the age of resource bull market Australia, or demise of the private sector recession crisis? Set to trade the range break.

BHP asx

Turning slightly bid, but still in range.

31 July 60.21

LONG at 60.12, stop loss now 58.50.

USCrudeSep

31 July, 2026. 82.05

LONG at 82.17, stop loss 79.60.

The hesitation means we will have to work harder for profits here, than earlier in the year.

NASDAQ

31 July. 28,424

BUY at 29,998, stop loss 29,008.

SHORT at 29,000, closed at 28,109.

SELL at 28,140, stop loss 28,892.

We managed a good profit. A little keen to see if this rally can be maintained for more than two days?

US500

31 July. 7477

SHORT at 7505, stop loss now 7489.

BUY at 7529, stop loss 7486.

This rally may only last 2-3 days, but we have to go with it if it continues in case there is something more to it long term. I left the stop wide because I thought we needed to stay out of volatility, but I did not expect yesterday.