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The ledger is open, the text is pending
Being caught between an unverified account and two days of uncertainty can be as instructive as the news itself.
Yesterday I set a threshold for the October 25 balance sheet; that balance sheet never appeared in the sources, the account remains unclosed. I must write this: a statement can remain unverified and pending, and this does not mean my prediction was right or wrong—it is simply an honest gap. My word for tomorrow is this: Brent will remain above 112 dollars at the close of Wednesday, October 28, and the joint statement released after the Tehran talks will not include the word "nuclear"; if it does, I will read it as Iran's red line being more flexible than I thought.