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The Hormuz Letter
@HormuzLetter
·
23m
BREAKING: The US has just struck Iranian missile launchers at Bandar Lengeh and Sirik in southern Iran, per initial reports.

They are the first US strikes since Iran attacked US assets in Bahrain twice over the last few days.

Iran will likely respond to this attack by striking US assets in Gulf countries tonight.

Yes. Definitely good for the soul.

“trouble making sense of the world these days Ipso”

You got that right buddy! Nice to step out into nature sometimes and forget about all the worldly things.

Disclose.tv
@disclosetv
·
1h
JUST IN – USS Roosevelt will join two other aircraft carriers in the Middle East by tomorrow — NYT

I’m with you there 💯

The Saudi’s have been loyal allies and investors for years. We haven’t protected them as promised in exchange for the petrodollar.

I’m having a lot of trouble making sense of the world these days Ipso. Really struggling.

“he didn’t think he’d be kissing my ass…”

maybe we’re not. This has to be the strangest time in the history of the world.

Trump Says Saudi Arabia Is ‘Disintegrating’

Target of $5K for Bitcoin? Yikes.

I’d hope some of that money will make its way into pm’s. We’ve had a rough year.

You will be moved beyond what words can express; In fact, even beyond tears! It is TRUTH! It is Silver and Gold.

Voter Fraud Blue Wave Biggest Scandal Ever – Dr. Jerome Corsi

The Hormuz Letter
@HormuzLetter
·
13m
BREAKING: Russia ends its self-imposed ban on killing Zelensky and the entire brass of senior leaders, per Russian media reports.

The reason for the lifting is Ukraine’s massive drone attacks on oil infrastructure, including on the Ust-Luga oil port, Russia’s largest on the Baltic Sea, three days ago.

In a closed Russian Security Council meeting with Putin, security officials demanded permission to physically eliminate Ukraine’s entire top military and political leadership.

“It is pointless to fight the endless swarm of drones, it is necessary to destroy the very chain of decision-making,” one Russian official said.

The security officials said passive defense and retaliatory strikes have failed, prompting the decision, including with heavy hypersonic weapons against bunkers and motorcades.

“Windfall Taxes! Nationalise the mines for National Security! etc etc etc”

That’s the really scary stuff! When govs get pushed into a corner …

Hopefully try to stay nimble enough to diversify before things get real crazy.

Everything about her reeks of Sincerity, Honesty, and Integrity! She is truly a SILVER AND GOLD LADY!  Too bad in order for us to invest in what should be honest Silver and Gold Explorers, Developers and producers, we have to instead play in the paper Derivatives Casino which is totally manipulated and controlled by the “house deep pocket shorts” who may never have to cover their short positions, and may just disappear “into the night” with our worthless Derivatives paper, leaving investors holding an empty bag of steaming hot smelly brown-stained  worthless paper. That is why I opted to invest in Silver and Gold PHYZ OUNCES, in hand….FWIW!  SNG

1. The exceptions being GLD (possibly) and Tether (definitely according to KPMG)
2. Yet. Countries don’t care about tiny number of small peeps – yet (see 5. below)
3. Yep.
4. Maybe.
5. Aaaaand, all of a sudden the countries care about the tiny numbers of small peeps who’ve finally made it after decades of suffering -Windfall Taxes! Nationalise the mines for National Security! etc etc etc

This is a phenomenally interesting speech—and what makes it phenomenal is quite nuanced.

https://www.youtube.com/watch?v=8l9LrMztPSE

(Particularly the last 20 minutes on gold and Alan Greenspa

Eric Yeung 👍🚀🌕
@KingKong9888
Let’s get something straight
1) Most regular peeps don’t own a significant amount of physical Gold bullion compared to sovereigns and CBs
2) PMs price suppression is a game between countries – they don’t care about the tiny number of small peeps who own physical Gold.
1/3
3:12 AM · Mar 1, 2022
Relevant
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Eric Yeung 👍🚀🌕
@KingKong9888
·
Mar 1, 2022
3) Gold price revaluation will screw over most people in the world except for a few physical Gold owners because it is a act by CBs and sovereigns “capturing productivity” from common folks to write off their debts and finance government.
Eric Yeung 👍🚀🌕
@KingKong9888
·
Mar 1, 2022
4) Most small investor peeps are invested in miners which are physical Gold proxies.
5) When physical Gold becomes difficult to get or unavailable and GLD gets exposed as BS,miners will fly because they are only gateway for the mass public to be exposed to physical Gold’s upside

for that nugget of information. As I’ve said before, most of my shares in CTGO were transferred over in the Dolly Varden takeover.

Why in the world would anyone buy shares of this company now? Further dilution looks like a “lock”, and who knows after that…….

The northbound Southern…
https://www.railpictures.net/photo/915542/

Amendment to the Credit Facility:

On July 1, 2026, the Company amended its Credit Agreement pursuant to which the delivery of a total of 15,000 ounces of hedge contracts maturing in March and June 2027 were eliminated in exchange for (i) an increase of $33,732,426 on the Company’s secured credit facility and (ii) the purchase of 15,000 put option contracts with a strike price of $3,100 per ounce and maturities in March and June 2027. As a result of the amendment, the aggregate principal amount outstanding under the secured credit facility increased to $46.3 million.

Remaining principal repayments of the secured credit facility are as follows:

• December 31, 2026: $1.0 million;

• March 31, 2027: $15.5 million; and

• June 30, 2027: $28.8 million.

So while they may have $55m in cash, $46m is already spoken for – i.e net cash is $9m at 30th September.

FOX News reporting FAA has grounded all flights, communications down due to cyber attack. Attackers unknown.

This is according to what my wife heard on her way home.