Latest published articles

Gold and Commodity Bull Markets Face a Real Yield Test

The case for a decade of rising gold and commodity prices faces a measurable hurdle this September 19. US Treasury debt protected against inflation still offers a positive real yield, while comparisons with earlier commodity booms leave a harder question unanswered. What would keep demand ahead of supply into the 2030s?

Geth Downloader Skips Peers That Pruned Old Block History

Ethereum nodes no longer all keep the same data. Some hold every block since 2015. Others dropped old bodies and receipts last year. A pull request opened on September 17 teaches Geth, the largest execution client by node share, to stop asking the second group for things they no longer have.

Docker Compose Proposal Gates Replica Startup on Health Checks

Docker Compose can make one service wait for another to turn healthy. It cannot do the same between copies of a single service. A feature request opened on September 16 asks for an opt in mode that starts replicas one by one, each gated on a passing health check. The config change is small. The bug behind it is a classic race condition.

Orlen Crypto Oil Prepay Leaves Poland With Empty Tankers

Poland’s state oil group Orlen prepaid hundreds of millions of dollars for Venezuelan crude and received almost none of it. Investigators now say a slice of that money moved through crypto rails, including dollar tokens, after the funds reached intermediaries in Dubai. The barrels stayed put. The tokens did not come home.

Geth Logs Fork Name When NewPayload Conversion Fails

Ethereum’s most used execution client is getting a quieter kind of upgrade. When a consensus payload cannot be turned into a block, Geth will now print the active protocol fork next to the warning. That is a small log line. It is also the difference between staring at a blob gas field and knowing the node thought it was still on Cancun.

Amodei AI Slowdown Wins Backing From Altman and Musk

Three lab chiefs who spend most days trying to beat each other just agreed on the same sentence. Anthropic chief Dario Amodei asked the industry to slow the rate at which it improves frontier models. OpenAI chief Sam Altman and xAI chief Elon Musk said they agree.

SpaceX Adds $1.11B Monthly Deal for AI Compute Hosting

SpaceX told investors on September 10 that it closed another terrestrial AI compute hosting contract worth about $1.11 billion a month from December 1. That is roughly $13 billion of annualized recurring revenue on paper. The customer was not named, and the cash does not start until December.

PascalFi

PascalFi explores the intersection of quantitative methods and practical investing. Named after Blaise Pascal, the mathematician who laid the groundwork for probability theory, this blog applies data-driven thinking to investment decisions. The art …

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