Loading ...According to Tousi Tv…the US Navy has told everyone to steer clear of Hormuz for the foreseable future….looks like some serious house cleaning is about to occur.
Take a peek at the tip of the iceberg of the COVID world agenda to eliminate humanity through “vaccination”, and pass it on!
Many Billions are injured and dying, many Millions have already died…then check out Ivermectin and Fenbendazole. It’s literally worth your life to do so IMO. SNG
US Navy tells shipping industry Hormuz escorts not possible for now
LONDON, March 10 (Reuters) – The U.S. Navy has refused near-daily requests from the shipping industry for military escorts through the Strait of Hormuz since the start of the war on Iran, saying the risk of attacks is too high for now, according to sources familiar with the matter.
The Navy’s assessments spell continued disruption to Middle East oil exports and reflect a divergence from President Donald Trump’s statements that the U.S. is prepared to provide naval escorts whenever needed to restart regular shipments along the key waterway.
Since Washington state just passed a 10% tax on earnings over a million dollars then this will be a theme. Sheer idiocy!
Ari Hoffman
@thehoffather
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12h
DEVELOPING: Starbucks founder Howard Schultz announces that his family is leaving Seattle for Florida the same day Democrats passed an income tax on Washington state
Starbucks corporate is moving to Nashville
goldielocks @ 9:52….Is it true that Walmart is closing all California stores??
And if so, is that why Daughter was able to buy $2.00 eggs? Because they’re clearing out all their stock in preparation to leave?
Great for your daughter but not so great for California’s future IMO!
Better get Newsome out of there while there is still something worth saving… SNG
Mining the straits
Iran’s Chinese pals will be challenged by these mines as well. If they are given directions to avoid them then their course can be observed.
The Chinese tankers probably won’t even try to load oil. The loading facilities are at risk and may not exist soon.
Captain Hook
Tks for the comment and the deliveries……don’t be so bearish on the SM, if Iran works out US Co’s will make out like gangbusters in Iran and the ME….
A very famous SM Technician Richard Russell built an SM indicator, which he called the Primary Trend Index ….that has been an amazing accurate indicator…it has stayed bullish since the 2009 Lows and is still well bullish today…..
I wonder if Trump (and company) can keep it up. (he’s pretty old)
I certainly wouldn’t have any probs if Melania was keen…!!!!!!!!
Cheers
Maddog @ 10:27
That’s one heck of a good-looking chart … when that thing blows … it will blow big.
Welcome to the crack-up boom y’all.
Get physical assets to protect your wealth.
Mornin all
Maddog @ 8:23
Agree on your chart observations … they would love it if they could trick the specs into dumping everything … but fortunately it’s limited to the more volatile shares … so could be a flat for the metals (with open interest levels so low) … especially if interested parties keep taking delivery of physical … another 3,000+Comex gold contracts for immediate delivery overnight …
Gold Futures Volume & Open Interest – CME Group
And silver still has 1,100 plus contracts to deliver this month (5,5 million ounces) to add to the 33.5 million ounces already delivered … and it’s still early in the month … with global tensions rising by the day. (why are they not delivered? – is somebody out of ammo? – does somebody need a silver bullion bailout?)
Silver Futures Volume & Open Interest – CME Group
While this is not the record-breaking delivery month (yet) many were expecting for silver … still … it’s way up there from a historical perspective … and would take quite a chunk out of remaining stocks (50%?) … pointing to near term default risks rising.
They can’t allow their precious tech stock bubble to implode … so the price managers are on it all day … every day … which can support the broader equity complex (and PMs) if they can keep it up. (the possible flat)
That’s the question … can they keep it up until more liquidity arrives (crack-up boom?) … or do they let it go.
I wonder if Trump (and company) can keep it up. (he’s pretty old)
Chuckle
Buygold
No I don’t think we’re at a rally point. A stuck on trying to recover that crooked takedown with private buyers trying to fill in with strong resistance but it probably needs a pause for the big buyers adjusting to higher prices and possible liquidation from places of war. Perhaps money could also be moving to the dollar in these countries getting out of their currencies. I fear too if increasing threats of inflation could cause interest rates to go up not down. Despite gas prices my daughter found 18 eggs for sale at a Walmart for 2 dollars.
Watched the open…..some very aggressive selling in PM shares…just hit any bid, the lower the better….
obviously more interested in knocking prices than getting a decent price…..
Does anyone else
….find it interesting that the “blowup” in the Private Credit bank run is happening at the same time as the step up in attacks/war in Iran…..
Buygold
Here is my Wave count in Silver, to say we are in a C down…..Both A and B have clear 3 wave counts marked as a-b-c…taking us into the C down….which should consist of 5 waves a-b-c-d-e…..so far it looks like a done and in b up…..and here is where E wave gets tricky,,,,is this C down going to be a sideways chop….or will it be a nice C down into the Hi/ lo 60’s or worse….so far action points to sideways chop, as normally a C wave is strong and therefore we should be well weak here…but we are not…..
But the most important info is that the Initial A down was clearly only 3 waves, which means whatever follows, this drop is only a corrective wave, there is more to come on the upside.
Thanks Goldie – more bouncing around
Doesn’t sound like we’re at a rally point just yet, I guess if we can continue to hold $80 and $5K we’re probably in good shape.
Dollar won’t die, and neither will rates, both keep moving up. Rates were up 5 bips yesterday, and continuing this am.
You’re surely right, hard to get a beat with all the things going on in the world.
Buygold
Silver current bottom was in early Feb. It’s been moving up since but it a range the hammer or long tail down candle stopped dead on support of this range. Are we out of the woods, I don’t know cuz of everything going on plus it hasn’t broken through resistance.
Maddog
I did see the chart, it seems we’ve made higher lows but have yet to make higher highs, just wondering your thoughts about whether it happens now or we form some kind of flag. I have a hard time seeing the bullish case until oil calms or the dollar cracks and heads south with rates.
Maddog, it’s not the extemists, it’s Bibi himself.
The extremists are the ones saying out loud what is actually happening on the ground.
It’s not just the muslims being eliminated (and, if they don’t move on then a conflict is initiated by the settlers invaders, who call in the IDF to ‘resolve’ it) but the christians too. In contravention of many UN resolutions and international law.
Buygold
Re Silver….Bottom….I have been out all day looking at cars…will check AG in the morning…I posted a chart ystdy that shows potential for the AG/share to Ag ratio…may he turned….but it needs to rally more first……
Israel has some real extreme Hasidic type Jews, who are in the government…Israel also has Proportional Representation to form a government, which means you may have to cohabit with such extreme people ….I think Netenyahu has that problem, hence this mad idea…..
What time is it boys and girls?
No … it’s not Howdy Doody Time … it’s 1:30 Central (in Chicago) … so it’s time to smash gold and silver prices down going into Comex close for our masters.
And we’ll be back tomorrow again (every day because they are nuts) … so stay spry boys and girls.
Chuckle
Ipso 11:31
Exactly, they need non stop law suits coming their way. They can’t walk the street without worrying about being harassed, robbed or attacked by these migrants. Theses migrants are preventing me from going shopping because they stand around the stores and harass people calling it their streets causing me anxiety.
Their government are cowards. Instead of cracking down on illegal immigration, the crime and burden it brings and arming officers and citizens and having consequences they took a knee and surrendered their country to a bunch of bums. Not even something superior to them which makes it a bigger insult to the people. These arrogant cowards are the enemies within that are telling the citizens that their lives have no value, they’re useless and take no stand only their own cowardly existence matters. It is also not Christian so they don’t care about that either.
These greedy man made dynasty’s at the expense of others never last and that’s why. They also think they can control nature instead of nature controls them. Instead of living with it and the gifts God put on its surface they don’t even recognize anymore. They poison it or destroy it instead.