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
