Starting?
The Hormuz Letter
@HormuzLetter
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27s
BREAKING: The US has carried out strikes on Iran’s Konarak Naval Base on the southeastern coast, wounding two Iranian soldiers, per Al Jazeera.
It is the first US strike on Iran in nearly 7 weeks.
Iran will likely retaliate tonight.
Buygold
“First, what the hell is an active gas well doing on an artillery/bombing range?”
I had the same thought. Just asking for trouble … and they got it!
Would the French cops make an arrest if the guy was carrying an rpg? What’s it take? ![]()
deer79 @ 10:57
Yeah it’s hard to believe. They’re finally hitting on all cylinders and the market shrugs. Major disinterest in the mining shares these days.
Deer79 – USAS
Bigger question might be if with that production can they actually make a profit. Were they even profitable last quarter?
Ipso – those two stories – wow, just wow!
First, what the hell is an active gas well doing on an artillery/bombing range?
Second – when you have police unwilling to confront armed criminals, what is the point of having police?
I wonder if the native population of Europe has learned anything? Unfortunately, they have no arms to step in and stop it.
Ipso re. USAS
Just mindboggling; after news like that and the stock just lingers close to its 52 week low……
I guess it’s just a matter of time before the mining companies start whining about how the high cost of energy is eating into the P/L…….
Could get worse
WarMonitor🇺🇦🇬🇧
@WarMonitor3
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2h
Several rioters and looters in Paris according to French police sources were armed with submachine and handguns which they acquired through their activities as part of a criminal enterprise, police officers let some go over fears of armed confrontation and manpower.
Wow…
A Tragedy for Canada
Morgan
@MorganC000
A catastrophic blast at Canadian Forces Base Wainwright, Alberta has reportedly resulted in multiple fatalities and injuries during a live fire military training operation.
According to local sources on base, Canadian Forces personnel had been conducting exercises over several days when an artillery projectile reportedly struck an active natural gas well on the bombing range, triggering a massive detonation.
The blast is said to have levelled nearby tactical training buildings, with subsequent fires reaching munitions storage and setting off secondary detonations across the range.
The geography and infrastructure;
➟ CFB Wainwright has a documented history of natural gas production, with approximately 180 wells reported on the military property in 2014.
➟ Military range maps identify munitions storage, pipelines and designated live fire danger areas near Peterson Pond.
➟ NASA FIRMS satellite imagery recorded multiple thermal hotspots between Peterson Pond and Jamieson Lake on October 17.
Local accounts also describe hospitals activating Code Orange protocols, mobilizing stretchers and preparing for a significant influx of casualties.
The reported gas well strike, secondary detonations and hospital emergency measures remain unconfirmed as authorities investigate the incident.
Should these reports be confirmed, my thoughts and prayers are with everyone involved and affected.
Back to normal
Rates, dollar and Nasdaq all up. Friday never happened in tech land.
But the shares looked so good on Friday! Yeah, about that…
Financial jawboning
Goldman talking up their AI debt book this morning, along with US Energy secretary Chris Wright, claiming energy prices have peaked……
Same pattern for PM’s this morning; Asia takes it up, and then the algo’s take it back down….
I know it’s been mentioned here, but the next few weeks will see more propaganda, and volatility to the extreme!
silverngold
Armstrong is talking bollox, the UK has no armed forces worth talking about, it will take years to rebuild them, he should know better…..no way will Trump fall for a false flag….He and Putin are obviously talking regularly and both are doing deals that make money, for their country something they both love .
LOL!! Who are they going to fight?
And what with? Who with? Anyway, it won’t be November. It takes a minimum of 18 months to clear Brussel’s paperwork for a false flag, assuming you can get all the EPA and DEI clearances though on time. Then there’s the design of the flag, with input from 27 nations, and the UK has a final veto because it’s not even in the EU!
Maddog 20:09
🙂 🙂
But as every empire eventually discovers, when the money, oil or gas for the bread and circuses runs out so the empire falls. Probably not in his lifetime though.
Looking at the mkts , they like the idea of a 3 way summit for Ukraine
SM is well up for a Sunday night…if Globalists have been pushing SM down,and PM’s with Oil and rates up, to help the Dem in the Mid Terms the unwind could be epic…..as they have been caught flat footed.
ferret
re yr 17.49….tks…I had heard about those comments, but not seen them….tks….a smart cookie.
As a side note apparently a number of ME families have decided not to send their children to the UK for education, as they are worried they will get radicalised !!!!!!!
Hopefully the Adults are about to shut the Ukraine war down and shut Europe up for a very long time
Putin Proposes Summit With Trump And Xi To Negotiate End Of Ukraine War; Zelensky Not Invited
ipso, who knows.
Who is pulling the strings, and what resources do they have? Are they seeking to provoke bullets from the authorities? There are a lot of migrants, and the puppeteers don’t give a dingo’s kidney for them, or for the students either. Plenty of cannon fodder.
ferrett @ 17:53
I wonder how much weapons the Paris Jihadi’s have? If bullets start flying then does it escalate? I’m not feeling too forgiving towards arsonists and looters. A complicating factor is there’s many students in the protests. How to deal with them. What a mess!
ipso, Maddog, I think the riots may have come a bit too early for Macron.
If he brings in the army now, things will settle down by April. Oh, I don’t know! These guys will do anything to retain power. Let the army damp it down a bit now, allow it to flare up again end of February and then call off the elections!
Sounds like a plan ……
