“allies breaking ranks”
Not only not helping but obstructing!
Maddog @ 11:23
The whole Iran thing is a bag of hard questions, bad decisions and ignorance. In a way I can’t fault the EU countries for not joining in. They didn’t start it, it’s not real local (So NATO?) and they’re in missile range. Also they have many Jihadi’s in their countries. On the other hand looking at WW1, WW2 and all the expense and effort we’ve made after WW2 to protect Europe from invasion it looks massively ungrateful. A Mullah-less Iran would be to everyone’s benefit.
It’s about time that the Europeans paid for their own defense. The US really can’t afford to be there anymore, and I’d extend that to many of our bases around the world. How many do we really need? Do we have to have our finger in every pie? What’s our deficit again?
“War is a racket”
Smedley Butler General in the Marines
Cheers
Here’s the news……Iran President Says ‘Prepared To End War’ If Security Guarantees Offered, Oil Plunges
Reading between the lines it looks like the Regime is close to collapse……hopefully it will be destroyed.
Buygold….The Regime has to go….luckily both Israel and MBS want that…they know that if anything is left and in power, they will be back in a few years…..MBS doesn’t want to spend the rst of his life hiding from a vengeful Regime…..
Maddog s
I don’t disagree. I see that China and Pakistan put out a 5 point peace plan. Maybe they’ll be able to reign in Iran and get a more amenable government.
I don’t believe that any peace will necessarily be lasting and whatever deal is done has to include Israel and their ability to rebuild the temple at the current site of the mosque.
Very interesting times old friend.
Maddog
The US and Israel have taken “a bridge too far”.
Buygold
If there is good out come in Iran, ie the Regime falls and the people take over and create a decent society , then I see the SM’s flying ….peace in the ME would be a hell of a goal and we have a real chance, as the Regime has pissed off everyone in the ME……especially MBS….he wants that Regime Gone and he doesn’t piss around.
We have no idea what is being cooked up during this lull…..
It’s a battle
They don’t want to give us an inch do they. Nice to see, yesterday was pretty demoralizing. Hopefully we can get moving again despite the news of the day.
Shorts are getting murdered across the board.
Other than individual stocks, I don’t think the indexes are going to crash again in my lifetime. Seems they’ve got the algorithms plugged in to squeeze at all the right times.
Hmmmmm….wonder what is going on with Tether….
Tether Cuts Top Gold Traders Months After Hiring Them From HSBC
This is from GATA
Ipsofacto
Re Trump and NATO,,,,from that post he put out…he is not a happy camper…nor should he be……the good news is there is no chance of the US getting involved with Ukraine, now Trump has seen how, one minute they screaming for the US to get involved and then when the US says can we have some help on Iran…they don’t pick up the phone…..
plus with him talking all the time, we all get to hear what is going on…..no mare secrets behind closed doors.
Buygold
re: Nato … if it’s not done, it should be.
I’m out for a while.
This was unexpected
Dollar finally taking a hit. Rates only down 2 bips. Oil flat.
SM up, so I guess we might as well be too. Hope we can hang onto these gains, I like the 5% share up days. 🙂
Ipso – sorta seems like NATO is done doesn’t it?
There’s going to be some kind of payback …
Bloomberg
@business
Italy denied US military aircraft bound for the Middle East permission to land at a base in Sicily, newspaper Corriere della Sera reported on Tuesday
President Trump tells the UK (and Europe) they are on their own.
Wall Street Mav
@WallStreetMav
President Trump tells the UK (and Europe) they are on their own.
It’s time for them to step up and take care of their own energy supply lines.
Dollar, oil, rates all turn down
Someone wants rates and oil down. The dollar seems to follow.
Supposedly
there’s an 8 am (EST) DOD press conference. Perhaps there will be some more hints at some sort of “off ramp” strategy for the war in Iran??
Here comes King Dollar
Oil up now too. $104+
“The jawbone of an ass” Where have I heard that before?
Some nice gains if we can hold them
Why do I have that gnawing in my guts? 🙂
| Shanghai 31 Mar 2026 |
AM PM |
$82.74 $81.49 |
R we done….for wave 2 down
The speed of the Rallies, especially last nights says we are either done down, or very close to being done……Sometimes a final wave of even high degree can last hours only and not even be visible on daily or weekly charts etc….especially if the move is parabolic and we are in a parabolic rally.
Looks like some jawboning about peace?
but we were up a lot more earlier so has the fade already started?
All crazy, all the time these days.
Maddog @ 20:47 Carrier
I guess the true story will come out eventually. Carriers are notoriously vulnerable … a floating gas station with bombs! More AA systems are needed and not the ones that cost millions a shot.
Gerald Ford.
Depends where the missile went in. If it went in at the stern and exploded inside, then a quick patch up job would suffice. Nobody seems to have got any close-ups of anywhere. A laundry fire? That burnt for 30 hours? On a warship? These things are designed to fight fires anytime, anywhere. They are designed to cope with being hit and yet a laundry fire puts it out of action for a year? First Cyprus and now in Croatia, this still ‘mission ready’ lump of scrap is far from the action. Maybe Cyprus was too close where it was still in range of Iran.
What’s more embarrassing, being hit by a missile during combat, actually, during the first time it has seen combat (or maybe, if it was blown up by a missile up the exhaust port it never actually saw combat!) or put out of action by a laundry fire? What is so imflammable in a laundry anyway? I thought they were full of water.
I see that Kuwait has boldly destroyed another Iranian missile in a port in Dubai, using a fully laden oil tanker.