Finance & Startups

Welcome friend 👋 This group exists to make money—lots of money—for our members. If you closely follow the advice of our CEO and Sircles Co-founder, John Worthington, you will make money if the market goes up or if the market goes down. You will learn tips, strategies, philosophies and how to read market psychology. You will have your choice of playing it safe with official recommendations “safe bets” or you can follow John into risky (unofficial recommendations) using short-term trades, options and complex hedging strategies. John’s safe bets have returned enormous gains and many pay high annual dividends for a low-risk and prosperous future. Timing is everything, however, and limit orders are your best friend. John will tell you entry and exit points that maximize your returns.

The wire transfer seems a bit odd?

I would be cautious. Although I don’t have a lot of experience investing in gold. Nothing is a sure bet. Do research.

Ya scam anything guaranteeing returns scam there’s no way to guarantee returns first off. 2nd trading spot gold is almost as volatile as trading bitcoin hour to hour

I’m not sure, why I’m asking… it’s spot gold, not the regular. Says they can guarantee a 10-20% return with short investments

Hmm, can’t anyone invest in gold without having to wire transfer?

Using coinbase

Question…. I have a friend who is trying to teach me how to invest in spot gold, is it a scam? They want me to do money wire transfers

I need to stop looking at my accounts every day.

It was a blood bath today. The only upside is that it will be made up in the next week or so, judging by the last few months. The upcoming elections might have something to do with this as well.

When I heard that tariffs are negatively impacting the auto industry, it made complete sense, how did I forget about the extra costs incurred there?! Haha well, I’m holding on to Stelantis for the long run.

The market has been flat since June. It’s really hard to see the forest through the trees right now. It goes up a few days, then you lose your gains. Glad for any dividends I get.

That is a lot to consider. Thank you john

Yeah I think there’s a high likelihood that higher energy prices and excessive borrowing, high inflation and interest rates will turn this boom into a bust in the coming months. There’s only a handful of stocks holding up the market and there are many more new 52 week lows hit than 52 week highs.. even on up days for the market

Yeah, I’ll continue to bring my averages down should there be a market correction as I’ve been doing normally. Thanks Anthony 😎

Geopolitics typically always see a sell Off in risk assets

A better question comes to mind, will there be a panic sell off should this war escalate? Most of my position is in CRCL currently.

Excellent logic John, should I do a sell off seeing as the start of this war dropped the market significantly?

The table is set and we’re only days away from a shocking military event. My evidence: China’s Ministry of Commerce has issued all remaining crude import quotas for 2026, granting some 205 million barrels. The timing of this grant hints that China knows Iranian oil will be coming to market soon and they want their shadow (teapot) refiners to have immediate access when it does. As the price of oil skyrockets globally China’s teapot refiners will enjoy massive discounts. Iran’s new supreme leader whose entire family was killed, said yesterday, "having suffered painful blows…they (the enemies) do not venture beyond the Arabian Sea… It will not be long before the Arabian Sea, too, would rid itself of their presence” The head of Iran’s police force yesterday told officers nationwide to “prepare.” Iran mobilized hundreds of thousands of armed reserve citizens last week. Araghchi left the US today after insisting "I firmly state that no change has occurred in Iran's positions, and our conditions for reopening the strait, as well as on other issues, are clear. No flexibility has been shown at present, and no discussion other than our plan has been raised at all." He also said, “we stand firm in the face of any new aggression, even if it comes to a doomsday war.” But perhaps the most ominous statement was today from Ebrahim Azizi, the chairman of the Iranian parliament’s National Security. He said that the U.S. "will inevitably leave this region" and Israel's "days are numbered." "Ultimately, it is we and our neighbors who remain here, face to face," he added in a message on X. "That day will be a day of regret." A doomsday war? Day of regret? Iran has calculated that now is the time to strike. They will force Trump to an impossible decision. Strike back, right before the election, and obliterate energy infrastructure which will immediately, and further, drive up energy costs and potentially commit war crimes or let Iran get away with it. Iran would prefer to absorb the blow now and inflict equal damage to their neighbors, thus, leveling the playing field in the region while demonstrating their power. I added BNO and USO call options for pennies between now and mid-October. I think the fuse is lit and it will be only days from now the powder keg explodes

I recall talking with somebody in this chat about RKT I made a move and figured I’d share I opened a position to sell PUT’s on RKT for December while I’m still doing calls on oil as a short term I think there’s a chance at this Iran deal happening which could work out for rate sensitives like RKT worst case I get some more RKT which is in line with my long term thesis. as you can see I already have a few hundred shares so no biggie if I get assigned. I’m just going to collect some yield in the meantime And it’s below my avg cost basis at $12.37 Disclaimer this a little more complicated move and I put up $1200 as collateral for 1 contract that’s for in case I get assigned it covers the cost of the shares

O Mike, Bless your heart, this app is still here because we are proud of it, believe in it and stand behind it, it brings positivity, happiness and enjoyment in a world of darkness and anger. I hope you have a bright and happy day. 🤠😎🥳😁

why is this app still working if the company flopped? that doesn't make sense to me

sooo true!!!! 😃

Me neither, Sircles is a much better platform 🤗

I don't use yelp, but that's great news! 👍😁

Has anyone else noticed that Yelp has fallen below 1billion market cap?

Thank you for all the updates and insight. You are my news source for all things iran and the market

The way I interpret this latest move on the chessboard is Iran strategically forces Trump to an impossible decision. Iran makes this public statement yesterday at the U.N. that they’ve put forward a plan “if certain conditions are met, the Strait of Hormuz would be open on the end of the seventh day…” Of course the “conditions” amount to a humiliating defeat for the United States so it’s a nonstarter. This is a calculated move to push Trump further into a trap. Americans are suffering from high fuel prices and the Iranians have framed this as the last chance to make a deal before the midterm elections. If Trump rejects the offer and Iran unleashes a wave of offensive attacks, driving fuel costs much higher, it will look like Trump failed at diplomacy and failed to protect American consumers right before they head to the polls. I can’t say this is Iran’s strategy for sure but it aligns with all the other events and my thesis that Iran will not sit idly by and let Trump cruise through the midterm elections. They killed two sailors yesterday on a UAE owned cargo ship and today warned all nations who blocked their flights that if “Iran cannot fly and receive airport services, no county in the region will have that possibility either.” That’s a pretty big threat to not follow through on. I think it’s foolish for our leadership to downplay Iran’s capabilities and their ideology which puts revenge at the foundational layer. Retribution is a strategic, religious and cultural duty for the hard-liners who are calling the shots

That’s perfect (about as perfect as things that effect the global economy poorly go) I bought some more calls for 10/16 $185 this morning when uso was at 148

CNBC just reported that Iran refutes the claim there are any high level negotiations. Fox News just reported 5 minutes ago that Iranian Vice President for Executive Affairs, Mohammad-Jafar Ghaempanah, told Iran State television that Iran wants to develop weapons (missiles) with enough range to reach the White House. This rhetoric from Iran certainly doesn’t sound like a weak and fragile government that’s seeking an off-ramp

Absolutely.. Ukraine has taken so much Russian oil, gas and diesel production offline that Russia has halted all diesel exports. Those exports were critical to Europe, hence, critical to the global supply chain

Do you think the brewing conflicts with Russian affect this any more?

It’s very high risk and there are a lot of bad actors manipulating prices using the media (useful idiots) to report headlines that don’t tell the whole story. Report Today: Iran and The US discuss a plan to open the Strait of Hormuz within 7 days The Reality: Iran’s list of demands are extensive and red-lines that will never be agreed on Trimming on up days for oil prices then reloading on down days has been the best strategy. I still think it’s only a matter of time before Iran tries to break the US Naval blockade and the price of oil blows past $150 per barrel

It’s very up and down high risk in my opinion especially with the even hint in either direction for example yesterday reuters dropped a piece. Yesterday that dropped uso by $5 a share instantly from $155 to $150 after that it hit kind of stuck at the point after which looked like a solid uptrend so it totally haulted Momentum. In my case lucky I trimmed half my options position so even if there is a deal and oil comes down I’ll break dead even on the trade. It’s just highly volatile

I am thinking i should invest in oil

thanks for all the info

Love it did the same $175’s on uso plus puts on airline stock and cruises ship stocks planning to exit somewhere around first week of October also buying rate sensitive as as there’s quite the discount longer term play kinda stuff real estate combines RKT,LEN also still looking at potential long term deals in software. Irans going to try and make us feel pain but a world where trump doesn’t continue to combat the economic damage Irans trying to inflict does not look like a good one for us average Americans

Thanks for the updat john. It’s a risk, but well worth the payoff if it works. just a bummer. It’s a crappy situation.

Here’s the math: I spent $0.09 per contract and bought about $1600 worth. If there’s an attack next week as the US withdraws from Iraq and oil prices jump to $126 per barrel that would cause USO to trade at $205 and means the CALL options are now worth $340,000 off of a $1600 bet. Will it happen?? Who knows but I have high conviction that a major attack is coming and someone else (with a lot of money) had a high conviction it’s coming by the end of this month

This high risk options trade 👆 on USO (oil prices) flashed on CNBC a little while ago. It’s a super long shot but seems like someone knows something so I followed the trade as well

Yesterday was peak “optimism” for a deal to be made. I loaded up yesterday on BNO.. up 40% today but it’s just warming up. Iran is counting down to October when they will launch their major offensive. Oil will blow past $150 a barrel if I’m right and there’s a good chance we see hypersonic missiles used against Naval ships. This will be an historic military blunder by the US if we lose an aircraft carrier. It doesn’t have to sink but merely be knocked out of the theater. An aircraft carrier strike group retreat will reverberate for generations

Local routes only for the beverage loads would make more sense, thanks Ralph.

pepsis tesla semi fleet is only really good for chips and snacks, load em with soda and range is a quarter of whats rated

With diesel hitting all time highs here in California ($9), I’m curious how those Tesla semi trucks are offsetting those fuel costs for PepsiCo. The rig I drive has a 140 gallon capacity which would be $1260 to fill up which occurs at least twice a week. MSRP for a Tesla semi is $260-300k but I don’t know how many kilowatts it draws off the grid..

I bought a little bit of Coca Cola today(KO) trying to hold a little defensive position, with a fixed income. It was a bit high, but I needed to move more into a consumer staples position. Any thoughts? The move I made into emerging markets a few months back has done well over the past few months.

And ok, I did add a little of a risky tech stock called Planet Labs (PL). It’s been on my watchlist for months.. going up almost every day but lately fell below where I started tracking it. They have a lot of satellites and a growing customer base. It may drop 50% from here but I took such a small position that I’ll double up on it if that happens. Bought it today under $16 and it traded as high as $51 earlier this year. I bought some shares outright and additionally using the technique I described a few months ago.. by selling PUT options. So I sold a $17 PUT option for $2 today. That means I instantly collected $200 but effectively it becomes a buy of 100 shares of PL for $15 ($17 - $2) if it doesn’t close above $17 on October 2nd. If PL closed above $17 then I pocket the $200 but I don’t own the shares. By being patient I can get a lower entry point on the stock and I can’t lose any money no matter where PL goes. Even if PL drops to $9 a share next week.. I still pay the $15 for 100 shares that I’m contracted for which is $1 less than where it’s trading at today.

Oil prices surging again today along with diesel and jet fuel. As many of us Californians know.. trucks from our state feed the nation so these record levels on fuel prices will inevitably lead to increased costs for food and everything you find in the grocery store. Central banks around the world are warning of a global recession and the bloom is coming off the rose for the overheated AI investment frenzy. Something like 3 stocks make up 20% of the S&P’s total market capitalization and 10 stocks combined generate one third (33%) of all S&P earnings. Any slowdown in spending or order cancellations would have a significant negative impact on the market. Now is not the time to gamble on high flying tech stocks. I bought a little Nike today because it’s hitting a 5 year low and pays a solid 4.5% dividend. If it drops more I’ll buy a little more but I think they’ll figure their shit out eventually.. it’s Nike, right?

Another great start for oil today until it faded. I was up $30K today at my peak until Trump’s bullshit comments about a “deal” but gladly most people aren’t buying it anymore. The Houthis took 3 islands right inside the Bab Al-Mandeb Strait giving them full control over 15% of global trade. Mohsen Rezaei, Iran’s head of the Supreme Natl Sec Council, said in response to Trump.. “Don’t get distracted by the president’s mixed signals… Damage control won’t stop what’s coming.” To me.. statements like that mean Iran is planning an imminent, strategic offensive any day now to humiliate Trump further and try to draw him into a fight while pushing oil over $150 a barrel before the mid terms. I’ve held most of my positions even tho I’m way up because most Americans, media and energy traders (imo) simply don’t have enough imagination. There’s a level of arrogance and throughout history many empires have been embarrassed (or defeated) by a far lesser foe. Trump wrote The Art of the Deal but he should read The Art of War. It’s thousands of years old but still holds up. He’s making all the classic mistakes while Iran is following the doctrine closely

And Mike if you invested you might want to check in MORE than once a year 😂😂😂😂😂

Very well said Dean 👍

yeah, his 2 favorites not really contributing much.

Wow! Oh ye of little faith! You might try promoting it a bit, or a lot, instead of just popping in on the rare occasion to see if you suddenly got rich. There’s a lot going on here for a variety of people.

never mind I find out i write if off as another loss

haven't been on here in almost a year is this app worth anything yet

Just announced 👆 the worst case scenario, as I predicted, that the Houthis would attack Saudi Arabia’s last remaining route to export oil from the Middle East. They just shut down the East West pipeline to the Red Sea, effectively cutting off another 5mil barrels of oil per day that was desperately needed. With our Strategic Petroleum Reserve (SPR) approaching its structural low there is no extra oil to source.. unless China wants to be super nice and share theirs I think we’ll see oil and gas prices continue to climb week after week

Absolutely! Free rolling feels a whole lot better anyway

I trimmed a bit today too.. better not to be too greedy

Ya I tailed this sold off a few to cover my principal and now I’m free rolling will buy more in a pull back great trade

Yeah all of the pipelines, all of the oil fields, all of the refiners all over the world are running at max capacity or had to be shut down due to blockades. It’s barely getting reported and is guaranteed to get worse before it gets better. That’s really the main reason I shared this risky trade I’m doing because I have a lot of confidence that I have this right. There may be a temporary pull back but I expect oil, gas, diesel and jet fuel to keep going up over the coming weeks. One of my trades is now up over 1000% in just the last few days

I don’t blame you!!! That’s insane…

Yeah Alex, I’m not buying fuel here 😂

The senate votes on the clarity act September 15th, wonder if it’ll go anywhere 🤔

I’m looking across the street at a gas station price sign with regular at $6.45 and Diesel at $8.65 John. Given this is in Eureka CA which is pretty remote supply wise. Choke points for a critical global supply are pretty important, heck…is the keystone pipeline out of Canada operational?

Looking at a map of the region you can see how vital this narrow strait on the Red Sea is to global trade (purple circle). We already know how badly the shut down of the Strait of Hormuz (red circle) has affected global trade.. especially for the price of oil and all the derivatives of petroleum

Oil prices pushing much higher today with Brent and WTI crude both shooting past $100 per barrel. A fresh govt oil supply report showed additional inventory drawdowns, plus another shock to the global energy markets.. the Iran-aligned Houthi Rebels in Yemen successfully seized the entire port city of Mocha on the Red Sea coast with direct line of sight and control over the critical Red Sea choke point supplying more of the world’s oil and gas. I’ve been warning for months that the Houthis have been held in reserve by Iran but had ambitions to take territory along this critical waterway. The fall of Mocha is a profound turning point and is catching the oil markets completely off guard. If the Houthis can hold the city they command the coastline and Bab al-Mandeb Strait.. the last alternative route for Saudi Arabia’s energy corridor. This blows a hole in all the “experts” absurd theories that Iran was weak and ready to make a deal and plenty of oil is flowing, etc etc.. it was all total horeshit. Now the question is.. will more nations step in to beat back this growing threat to food and energy?

Trump said today, publicly, that the war would be over “immediately after the mid term elections” and that “gas prices will fall” after the elections. This tells me two things: 1. He’s no longer trying to convince the public that we’ll “have a deal in matter of days.” 2. He’s convinced himself that he’s got Iran contained the next couple months and he can focus on the campaigns Iran has been playing rope-a-dope with Trump. Letting him punch himself out while they absorb the blows. They’ve probably also leaked to the mediators (falsely) that they’re not willing or able to escalate much more. This would be a cagey tactic and misdirection. Meanwhile, Iran does just enough (hit two more tankers today killing seafarers) and the Houthis in Yemen hit 3 more Saudi cities today.. to keep oil prices elevated. But the attacks were soft and didn’t pack much punch. Iran and their proxies across the region have thousands of highly advanced missiles and drones they’ve been holding back. The big attack is still coming and my calculation is as early as next week or into the first week of October. Oil prices will explode higher if I’m right. I’m keeping my bets pressed