Breaking up from large bull flag….ie rates are going way further…..which means Oil may not fall v soon…or not fall too far.
Weekend headlines will be all bad…shame .
Breaking up from large bull flag….ie rates are going way further…..which means Oil may not fall v soon…or not fall too far.
Weekend headlines will be all bad…shame .
Seems like eventually the coal reserves in GB and the US are going to be tapped, made into fuel or to power the power plants. It will be a necessity. That is unless technology unlocks some new sources of energy, fusion or something else.
This Iran war is turning into a bigger tar baby than Trump and his advisors were thinking. Hopefully the Republicans don’t get wiped out in the mid terms! If American soldiers are being killed on the ground that will be a giant negative.
We don’t have elections until 2029, the current government, if u can call it that, will never step down early……so we wait…..but come 2029 things will change big time.
We were hanging in there until London opened and then the three amigo’s – oil, the dollar and rates woke up and pissed in the Cheerios. All higher now with rates above 4.45%. Remember, 4.5% rates are the jumping point, as in off the SM cliff. Markets desperately need the war to end as we escalate with ground troops while talking about a deal. There’s the rub, everyone who talked deal with Witkoff and Kushner was assassinated. So, no more talking to them, they want JD Vance.
Would be nice if the 200 dma’s held, but I think there’s little hope of that with the SM in trouble. So how low can we go? Always a lot lower than we ever think possible.
But, Bitcoin is down 3% too now, so nothing is working.
And….silver is the first to buckle, who wouldda thought?
For those who don’t know much about Simon he chose to believe the Koran is real but he’s half Jewish. ” In the financial sense he’s very gifted about. ‘
I decided instead of waking up now to watch the market to watch the phyzz and picked up a little more. While watching this video other hand cuz it’s long and full of things I didn’t know I had to absorb. Better than that MK of MLK or whatever it’s called horrible.
Well the good thing is while your importing you still have them and prolong that 1000 yrs once you get out the nut zeros. But if you don’t do anything about your borders the mid east will have that too.
Re Energy imports…Most of the Countries that have gone heavily Nut Zero are similar to Aussie…..the UK off the top of my head imports at least 60 % of it’s energy needs , even though we still have North Seagas and Oil and sit on 1000 years of Coal and by that I mean we have enough coal to supply all our energy needs for 1000 years….
We also have damn all storage or Refining capacity……so all of those countries are now in the shiite and are howling like stuck pigs, if Hormuz stays shut/not operating fully…….yet none of those same nations will help the US and Israel.
There are going to be some big geopolitical changes coming soon, as Aufever pundits suggest……
The Globalist plot, Calif Newscum the brain dead opportunists whos trying to set himself with the WEF figuring the only way he would be backed by anybody also trying to do to California with the frog in the pot plan of net zero, slowly eliminating the oil and gas for the purpose like COVID locking down the people and implementing their surveillance control and as we see what could happen, economic chaos, mass starvation and civil unrest further weaponizing surveillance. This war suddenly exposed the greenies green eyed net zero plan when it suddenly happens all at once the frog is gonna wake up and want to jump out of the pot before it’s too late. Plus now they lost their back up plan, it’s closed.
Costco has cooking oil at $2.50 per litre for 20 litres, compared to Diesel at $3.20. I’ll get a price for 1,000 litres, either waste or new from a commercial supplier.
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.
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.
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.
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.
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.
It done formed.
delayed the Iran attack deadline by another 10 days….
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
You have a good memory. His name was Hassan al Banna. He was actually a adversary of the west and the British.
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.
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.
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.
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.