Iran Rejects Latest Draft Proposal To End War: US ‘Must Act On 7 Conditions’ To Reopen Hormuz
https://www.zerohedge.com/energy/irgc-claims-3-more-tankers-blown-naval-mines-hormuz
back to the bunker
There are old pilots and there are bold pilots but …
Live Storm Chasers
@LiveStormChaser
‼️DEVELOPING: RADAR SHOWS JET FLEW INTO A STORM CORE AT 35,000 FEET
Analysis of Miami NEXRAD radar shows the Learjet 60 (N722BD) entered a thunderstorm core near Wellington at about 12:48 PM ET, just before it crashed in Palm Beach County.
At 35,000 feet, radar echoes around the jet jumped to 34 dBZ, with a 52 dBZ core below it and storm tops near 47,000 feet. Tracking data shows the jet climbed about 450 feet inside the core, then went into a spiraling dive and crashed 76 seconds later.
Minutes earlier, the crew told Miami Center they were in moderate turbulence and “managing the ice” at −53°F, and asked to climb out of the precipitation. Moments later they declared a Mayday, reported an overspeed, and said they were banking 60 degrees.
All 9 people on board did not make it. The NTSB is investigating, and the cause has not been determined.
Endeavour halts Burkina gold underground as ramp sinks
Endeavour Mining (TSX, LSE: EDV) suspended underground mining at its Mana gold mine in Burkina Faso after part of an access road sank, adding another setback at an operation already expected to miss its annual production target.
The Oct. 28 incident restricted access to two underground entrances, Dangouna and Aviera, through the depleted Wona open pit, Endeavour said Monday. Workers were evacuated, nobody was injured and local authorities were notified. Mining has been stopped at all three active underground entrances while specialists assess ground stability and repairs.
Endeavour didn’t immediately disclose the cause of the incident or announce a restart date.
https://www.mining.com/endeavour-halts-burkina-gold-underground-as-ramp-sinks/
I’ve got the bruises to prove it
MINING.COM
@mining
$712 billion wiped off world’s biggest mining companies since start of Iran war
Who Knows?
US-Iran Reportedly Agree To Concessions On Nuclear File, Oil Plunges
Update(0835ET): US-Iran headlines are once again swinging between mediator proposals and Tehran declaring it is “now in a state of war” after the Qeshm strike – which is a sadly all too familiar pattern from this past summer. The latest from regional sources are seeing oil prices drop lower:
“Washington has approved the draft memorandum of understanding that the Qatari delegation presented to Iran yesterday”, Al-Araby Al-Jadeed reports citing sources close to the mediation team.
“Washington and Tehran have made concessions regarding the Iranian nuclear program and frozen funds”, Al Araby Al Jadeed reports citing sources.
https://www.zerohedge.com/energy/irgc-claims-3-more-tankers-blown-naval-mines-hormuz
Interesting
Good post by Chartmaster on Gold Tent:
Best Explanation For The Paper Vs. Physical Silver Price Disconnect
-> Posted by Chartsmaster @ 7:14 am on November 3, 2026
I took this section from a longer article about comparisons to Rome and the Weimar hyper inflations.
“Today, modern central banks and fiscal authorities walk the exact same tightrope. Facing mounting national debt, multi-theater defense expenditures, and structural entitlement obligations, modern fiat systems increasingly rely on expanding liquidity and monetization to maintain debt service. When currency creation outpaces tangible economic productivity, the price of hard assets does not merely rise—it recalibrates to reflect paper currency dilution.
The extreme volatility in the chart’s percentage change line reveals how market participants violently reprice physical assets when counterparty trust dissolves. As global monetary bases continue to swell, physical gold and silver remain the ultimate neutral reserve assets, offering an immutable anchor outside the digital paper matrix.
So why is Silver Falling below $50?
Paper-to-Physical Mismatch: The COMEX holds 580 million ounces in paper open interest backed by only 100 million ounces of physical vault inventory, leaving a severe structural deficit of physical metal.
- Perverse Short Incentive: Bullion banks face a powerful incentive to dump “paper silver” onto the market. Because every $1 decline in silver reduces the total liability of that open interest by $580 million, a engineered $15 drop cuts total cash-settlement obligations by $8.7 billion.
- The “Force Majeure” Resolution: Driving paper prices down to ~$45 allows exchanges and short positions to cash-settle outstanding paper claims at a suppressed total payout (~$26.1 billion) rather than defaulting on physical delivery.
- Violent Physical Repricing: Once paper liabilities are settled in cash, the underlying physical inventory is freed to reprice to true market value—potentially leaping to $500/oz and elevating vault inventory value to $50 billion, resolving exchange risk while dramatically enriching physical holders.”
Back to normal
Gotta give back every penny in the metals. Silver shares were pathetic yesterday, and will be worse today, if you can even imagine that.
It’s lesser evil day. I got a phone call last night urging me to vote Republican and asking what time I planned to vote. They were tracking the rolls and knew I hadn’t voted yet. Unbelievable. If they just represented their constituents and did what they said they’d do, they wouldn’t be worried about turnout. They’d never lose.
Korybko: Germany’s Attempted Takeover Of Poland By Proxy Is To Prepare Europe For War With Russia
This is as scary as it gets folks…these Globalists are as crazy, as it gets
aufever
There was effectively an attempted coup last Friday night, by the Prime Minister Tusk, he tried to appoint 3 new Judges to the Constitutional Court, who he had appointed, rather than the President of the Court , so that he could cook the Court, as it is blocking many of his EU mandated dictats…such as joining the Euro and allowing mass gimmigration…….
The row continues, but the people have made it clear they are against the PM……
My apologies Maddog.
I did for quite a while, but then the ludicrocity and frequency just got to me. You know what it’s like …… 🙂
ferrett
I just ignore what that poster puts up…..
Buygold, maybe you find it funny to see someone’s death reported falsely.
I think it’s a very nasty thing to do, especially from someone claiming to be a Christian, and I’ll continue to call out the lies when I see them. Because they really diminish the site, particularly such garish in-your-face “Arnie is dead and you should see what he died from!” with illustrations.
The Hormuz Letter
@HormuzLetter
·
1h
BREAKING: A US strike has hit an air defense system on Qeshm Island, southern Iran, per N12.
It is part of limited strikes carried out by the US in recent weeks without formally announcing them.
This sounds like more war
The Hormuz Letter
@HormuzLetter
·
4h
BREAKING: Iran directly rejects today’s reports of a US-Iran deal breakthrough, saying “no new developments have occurred in this regard.”
Oil prices crashed nearly 8% today based on the false claim of a breakthrough.
Iran says “definitely no new events or actions will take place” until the US fulfils all of Iran’s 7 conditions.
World Source News
@Worldsource24
·
10m
BREAKING: Steve Witkoff:
The United States will mediate working-level negotiations between Ukraine and Russia on November 10–11 in Abu Dhabi, advancing President Trump’s mission to end the war. Discussions will focus on post-war security arrangements, de-escalation, humanitarian efforts, and next steps toward peace.
Maddog
Hasn’t there been a coup in Poland?
Poland Launches Security Operation Along Kaliningrad Border, Fearing Russian ‘Sabotage’
Tusk is out of control, as are the Globalists…..they are making the world more and more dangerous.
Lockstep with the DJIA
……as the stock market drips lower, so do we. The puppet masters at work!!
Oil?
brent down eight and a half, wti down seven and a half…
is peace about to break out ???
Bitcoin down?
seems odd on a day like today. Oil down near $8. Unreal
Deer79 – exactly
There’s a couple Senate races worth watching. Michigan is scary with D – El-Sayed and Alaska is a joke with the extra Sullivan the Dems got to run as an independent. There is literally nothing they won’t do to steal an election.
Maddog, Buygold
Totally agree; have to vote for the lesser of 2 evils.
At least if the vote is split ( hopefully Republicans keep the Senate, but lose the House), the utter complete chaos can be delayed….