Tangent: The Iran War (However Long It Lasts) Will Not Be Kind To Bitcoin -- Or The Alt-Coins. Trust That. Get... Overweighted, Into Pharma.

Yes. . . it was a tumultuous day in the trad-fi markets. Oil was over $110 a barrel early, but as calmer heads prevailed (and realized that mostly affects China's supplies of oil), it is now around $88 and change. General industrial stocks were off early, but even they are moderating late today.

My central point here is this: in times of war and upheaval, it is generally true that pharma and life-science companies will far outperform the regular stocks -- and will out-run gold, and certainly will be safer than Bitcoin (or crypto- ones and zeroes, overall).

People will need life-saving bioscience solutions -- as we all age, independent of any war.

And with war, the medicines used "in the field" are always bought in vast supplies, by the Israeli and US forces [and stockpiled as reserves].

[Here think about antibiotics, IV bags, vaccines and. . . wound dressing kits.]

So -- as CoinDesk vainly tries to polish the BTC turd [early today, saying a long war favors BTC -- then reversing after Tangerine 2.0 said it could be a short war (CoinDesk claims -- three hours later -- that too favors BTC!?) do recall that it was over double where it is now, as recently as October 2025. [This is no safe-haven asset -- in fact, gold really isn't either -- but that's a story for another day.]

Do also note that cutting edge bio-science like that seen at above right. . . (and mentioned here, last week) for Huntington's Disease. . . has tripled, in just a week's time. And that is not fading with today's volatility. In fact, overall pharma was up about 2% all day today.

Sure, there will be some see-saw, but Merck, Moderna and Amgen (as examples) will NOT lose half their value in any six weeks on record.

Want a bet on safety,with fat dividends? And a proven decades long track record of high earnings?

Bet on the big life sciences names. . . though at the moment, I might shy away from. . . Pfizer.

You heard it here first [of course, do your own due diligence]. When someone touts an investment -- always ask yourself: "What is the REAL risk profile vs. the return possibility?"

And. . . "What are. . . the other alternatives, open to me?"

BTC. . . doesn't make the cut, in war times.

Out.

नमस्ते