Posted by ferrett
@ 0:31 on March 27, 2026
But as our oil reserves have declined then it doesn’t matter so much as we have to import oil anyway, whether as crude or refined. BUT, yes, we only had 27 days reserve rather than the 90 wew were supposed to have. And maybe our reserves would be higher but for the stranglehold the greens have on exploration/development.
What we do have is an almost infinite amount of natural gas. The busses run on it, I don’t know why trucks and tractors aren’t converting to it.
Posted by ipso facto
@ 0:24 on March 27, 2026
Thanks for that … still it seems a major 1st world country should have some reserves so that every station could have some fuel. Perhaps Australia imports some of it’s fuel instead of refining it? This closure of the straits is really playing havoc with the world!
DuckDuckGo Search Assistant:
Australia imported around 35 million tonnes of refined fuels in 2025, with over 90% of these imports coming from Asia. The country typically relies heavily on imports to meet its petroleum product needs, with 84% of its total requirements being imported.
Posted by goldielocks
@ 23:00 on March 26, 2026
Driverless trucking in the Lone Star State. Autonomous freight company Aurora Innovation (AUR) plans to expand from a 10-truck driverless fleet to roughly 200 trucks by the end of 2026. Uber Technologies (UBER) remains Aurora’s largest shareholder, with 325 million shares (about 17% of total) worth approximately $1.25 billion. Aurora’s scaling effort leverages Uber Freight’s digital marketplace to maximize fleet utilization. Management of the Texas-based company expects to produce an $80 million annual revenue run-rate… If things go as mapped, both Uber and Aurora will likely benefit greatly.
Fannie Mae goes crypto. Mortgage-finance giant Fannie Mae (FNMA) will begin accepting crypto-backed mortgages through a new product from Better Home & Finance (BETR) and Coinbase Global (COIN). Instead of selling Bitcoin or digital assets to make a cash down payment, borrowers can take a loan against their crypto holdings – which avoids triggering capital gains taxes. The interest rate runs up to 1.5 percentage points above standard Fannie rates. A 2025 Redfin survey found nearly 13% of millennial and Gen Z buyers already sold crypto to fund down payments. This is another sign that digital assets are slowly but surely merging with the traditional financial system.
Posted by ferrett
@ 17:24 on March 26, 2026
I just quoted the man himself. If you checked back on my earlier posts, you’d see that I was supportive of the attacks, on the basis that he said it would be a short war, Iran’s military would be neutralised and the people would rise up. A month down the track and Iran is still lobbing missiles around, have rendered 13 US bases uninhabitable, blocked the Hormuz, destroyed the Qatari gas installations for 3-5 years and are fortifying Kharg. Meanwhile Trump has been saying for three weeks that “We’ve won!”.
Now, listening to his pressers, he’s starting to ramble a bit, which is a real worry. Either his memory is going or he isn’t being kept fully informed, as in the five damaged refuellers (“I don’t know anything about that”, in a ‘that’s fake news’ tone of voice). So it’s looking more and more like seagull management – fly in, crap on everything in sight and fly out, leaving a big mess for everyone else to clean up.
Posted by ferrett
@ 17:11 on March 26, 2026
The stations out of fuel are all remote ones. None of them are major companies (BP, Shell, Ampol), but smaller ‘independent’ operators who buy surplus fuel cheap on the open market and thus sell it cheap at the pump. So they undercut the majors. If a major had a site at Boulia, for example, they wouldn’t sell any fuel because they’d always be more expensive. So they aren’t there. Now that there’s a shortage, the majors have no surpluses to sell and are snapping up any cheaper fuels on the market to ensure deliveries to their own stations. Smaller distributors haven’t got the cash flow to cope with a sudden 50% increase in cost so they get left out. There is no shortage in Sydney or Brisbane or in between, despite the impossibility of buying jerry cans anymore; i.e. all the hoarding has been done.
Posted by goldielocks
@ 16:44 on March 26, 2026
Posted by deer79
@ 16:22 on March 26, 2026
delayed the Iran attack deadline by another 10 days….
Posted by Maddog
@ 16:15 on March 26, 2026
Posted by aufever
@ 16:10 on March 26, 2026
I’ll take your word about the Egyptian, but it seems possible he had the help of Globalists.
When I listed financial manipulation I left out their favorite – Wars
Posted by goldielocks
@ 16:07 on March 26, 2026
Posted by treefrog
@ 15:55 on March 26, 2026
Posted by Maddog
@ 15:50 on March 26, 2026
Well they are wrong about the Muslim Brotherhood , it was created by an Egyptian while in jail in Egypt…I forget his name ….the Egyptians had him down as a wrong’un, so jailed him, which cheered him up plenty and made him even more pissed off with life……so he developed the Brotherhood , to cause even more trouble and take over Egypt….it was not so long ago Egypt was a majority Christian country….the Brotherhood is a huge part of the change.
As of today Egypt is run by Sisi who hammers extreme islam, whenever it dares to cause trouble….a while back some islamics, tried setting off a few bombs, they were based in two small taown, Sisi sent in the Apaches and flattened both towns…nobody survived !!!
But I do see where they are coming from about what is happening now ……when it comes to Ukraine that is all a Globalist nightmare and looking at Europe u can see how the Globalists are prepared to dance with islam , so desperate are they for votes, as the vast majority have seen right through Globalism.
Posted by aufever
@ 14:56 on March 26, 2026
Not to harp on the British Empire (perhaps they are puppets of something else or something older), but the ladies on Promethean Action claim they created the Muslim Brotherhood many years ago to weaponize Islam against the West.
Of course it is not the English people. It is the “City of London”, which we all now know is a separate entity.
Posted by deer79
@ 14:50 on March 26, 2026
yes……….
Another snippet of the article:
Turkish gold reserves showed a decline of 6 tons in the week of March 13 and another 52.4 tons in the week of March 20, marking a sharp drawdown in reserves, according to the latest data published by the central bank. While the composition of the sales is unclear, some of that was sold outright, while the majority was used to secure foreign exchange or liras via swap agreements, according to Bloomberg. It’s not uncommon for central banks to sell spot gold and simultaneously agree to buy it back in the future via swap agreements, effectively a gold-collateralized USD loan, which grants the country cheap dollar funding using the precious metal as collateral.
Posted by Buygold
@ 14:40 on March 26, 2026
There it is then, they needed dollars. there are probably others too. Explains a lot about the dollar action.
The swap arrangements could work out in their favor if they can get the gold back cheaper.
Posted by aufever
@ 14:35 on March 26, 2026
I just discovered them several weeks ago. Their emphasis is that Trump is (re-)implementing the American System of economics around the world, which dates back to our founding, and Hamilton among others. The two informed and reasoned ladies say they have been studying this since the 70s. It is based on manufacturing and real economies, as opposed to the British or Global System based on control of commodities (in the broad sense of that word) and people through financial engineering, speculation, and manipulation, not real production.
Again, the British, and earlier the Dutch, have been doing this for centuries. Since the British East India Company was founded, and earlier. They were the primary soures of the global slave trade around the world. Apparently they were also the first to weaponize and traffic a drug – opium.
Thanks for those two recommendations. I will check them out. I have seen some references to Tousi TV.
Posted by Maddog
@ 14:04 on March 26, 2026
Tks for the Suggestion on Promethian Action…very interesting …do you have any background on them….I got the impression that it might be very well informed and deliberately explaining Trump’s thoughts/action, as the MSM never will….
If Ukraine gets closed down as well and I see Trump today basically told Zelensky to give up…then that will be great news…..as for Iran..the prize for a success there is so great he has to go for it…..I watch Tousi Tv and Goldie Ghamari Tv …she by the way is more than easy on the eye….they both say the people can’t wait to get rid of the Regime…..
Tks again
Posted by deer79
@ 14:02 on March 26, 2026
Turkey officials turned to gold sales and gold swap arrangements from the central bank’s $135 billion stockpile to meet liquidity needs and stabilize domestic demand, according to Iris Cibre, the founder of Phoenix Consultancy in Istanbul. She estimated total sales at 58.4 tons, with more than half of that conducted via gold-for-foreign-exchange swaps abroad.
Posted by aufever
@ 13:26 on March 26, 2026
Do you have any predictions on PMs? You have made some good calls in the past, and on particular stocks.
I understand there may be too many unknowns right now.
Posted by Buygold
@ 12:53 on March 26, 2026
Everything sucks again.
Dollar, rates, oil all crushing pm’s worse than everything else – as usual.
Maybe those articles are BS
Posted by Buygold
@ 12:43 on March 26, 2026
I think that’s a given, as well as by the usual neocon suspects in government, like Graham and Tom Cotton, then staff Susie Wiles, Rubio and surprisingly Hegseth.
Supposedly JD Vance was against it, and of course Tulsi.
I hope he is strong enough to do it and also give up Ukraine . He’ll face fierce resistance.
Posted by Mr.Copper
@ 12:17 on March 26, 2026
I assume Trump was pressured to attack by Netanyahu and all his lobbyists. I also assume all of our presidents have been influenced by what I refer to as a European colony the size of New Jersey on the east coast of the Mediterranean sea.
Posted by Buygold
@ 12:02 on March 26, 2026
White House said to be preparing ‘final blow’ if efforts at talks fail…
Crude shipments for export from the Yanbu South and Yanbu North terminals averaged 4.4 million barrels a day in the five days to Tuesday,
…claims Russia offers to stop sharing intel with Iran if US stops sharing with Ukraine
Posted by ipso facto
@ 11:59 on March 26, 2026
the marines in the expeditionary force would rather see Kharg Island blown to pieces rather than be landed there in a shooting gallery situation.
Posted by Buygold
@ 11:39 on March 26, 2026
it seems like their physical market has slowed down a bit?
If their prices are sliding, our paper markets are sure to slide.
Shanghai
26 Mar 2026 |
AM
PM |
$79.94
$78.07 |
Some of the pm shares are doing OK today though. Surprisingly, but just the gold stocks.