Saturday, January 10, 2026

No Agenda-The Saturday Memo...

 

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No Agenda News

January 10, 2026

Producers, 

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Tomorrow's Show

Finally the New York Times bumped up the coverage of the Iranian uprising which enters its 15th day tomorrow. Unless something changes, the Iranians should see the fleeing of its leaders to Moscow where they have been promised safe haven.

It will take a few weeks to deconstruct exactly how this came about, how it got triggered and who are the players behind it. The roots of this event and the movers and shakers are shrouded in mystery no thanks to the lax coverage by the mainstream media forcing you to look at blog posts and YouTubers who are gathering visuals from who knows who from who knows where. The context in unfathomable as is the time frame. If all goes well the new bosses will work better with the USA and the regional players.

You will find out soon enough.

Meanwhile the forever protesting protesters have been shaking their fists over Maduro and Venezuela with nationwide gatherings of useful idiots. Not covered well was Trump’s deal with the country to take all the oil and pay market price instead of whatever “best price” the Chinese were paying, which you can be sure is not market price.

There was some fancy footwork involved on capturing the oil since it hurts China not to have this heavy dirty crude. While on the surface it seems like a bad product, in fact it is more valuable than the Texas sweet crude we love so dearly. This is because if you can refine the heavy sour crude, which America can, you get many more products from it including bunker fuel oil and asphalt which the Chinese need to excess. The best backgrounder on oil types and potentials is found in this essay, well worth reading.

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Sincerely,
John C. Dvorak
& Adam C. Curry

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