goldielocks
That’s great news for Trump…the GoP can now say A Dem vote is for everything the IRGC stands for…..
ipsofacto
That Houthi Saudi news looks strange, as Oil has been soft all day and still is…..any news like that normally causes a sharp rally, even if it fades later….and today hasn’t really seen one.
ipsofacto
Re tax……Yr money is no longer yours in the EU and hasn’t been for quite a while …the first test case was way back in Cyprus, when the took money from any accounts over a certain size, to bail out a banking crisis….in 2013…..they took 10 % on any accounts over Euros 100,000 ….when the majority did nothing, they took that as a Go…..
I had money deducted by a French utility, direct from my bank without a word said to me, to pay a bill I was late paying……and the Bank charged my a fee for allowing /facilitating the Utility !!!!!!
Here’s a thought…that Dutch move is such an attack on Gold…..I wonder if some of the selling is the EU Globalists trying to screw Trump over, if Bessant really is thinking of useing Gold for the debt…..
maddog 14:43
Cant form a opinion over news but it makes it appear the US may have something to gain too having Europe fearing Iran.
Houthis need some action as well
The Hormuz Letter
@HormuzLetter
BREAKING: Yemen’s Houthis appear to have struck the Abqaiq oil processing facility in eastern Saudi Arabia, the largest crude stabilization plant in the world, handling around 5 to 7% of global oil supply. EUMETSAT Meteosat imagery shows a black smoke plume roughly 90 km long trailing from the site for at least seven hours, from 06:45 UTC until the satellite lost light at sunset.
Abqaiq processes the crude from Ghawar, the world’s largest oilfield, and feeds the export terminals at Ras Tanura and Juaymah.
Needs some payback!
The Hormuz Letter
@HormuzLetter
BREAKING: Iran appears to have struck ADNOC’s Bu Hasa facility southwest of Abu Dhabi, one of the UAE’s largest onshore oil and gas fields. Sentinel-3 imagery from today shows a black smoke plume roughly 50 km long over the site.
NASA FIRMS recorded a fire radiative power of 143 megawatts at the facility, with the VIIRS mid-infrared channel reading 367 Kelvin, the absolute ceiling the sensor can register, meaning the fire is likely hotter than the data shows. Flights near Abu Dhabi were disrupted earlier today.
Bu Hasa crude feeds the Habshan-Fujairah pipeline, the UAE’s only export route that bypasses the Strait of Hormuz. Saudi Arabia’s East-West pipeline, its own route around Hormuz, has been struck 3 weeks ago
maddog
I saw that article about Hormuz from Goldman, that great news! If he can get gas prices down quickly, especially diesel, that will really help everything from inflation to rates. Unless rates are now more of a function of foreigners dumping our debt than the Fed.
Now, just need the Turks and Pakistani’s to cut loose and eliminate the Houthi’s and all the havoc they cause.
Doesn’t seem to be a demand problem
Just the usual suspects in London and the U.S.
Bank of Korea To Buy 1 Ton Of Gold In First Purchase Since 2013
Add South Korea to the list of countries taking tentative steps to hedge their exposure to the US dollar, and fiat in general.
Maddog @ 13:36
I’m pretty sure that the PTB won’t be happy until they have an electronic device inserted in everyone’s body so then they can know everything. Their trespasses know no bounds!
Maddog @ 13:41 re: Dutch Tax. I don’t think there’s a way to demolish the capital markets more quickly. Who’s going to stick around? Who’s going to have money in an account which can be attacked like that? It’s economic suicide!
Buygold @ 13:25
Sorry about that positive post Buygold. I certainly don’t want to trigger anyone! ![]()
I think Macleod has been around forever … if not longer! š
GS and Bloomberg admit ME oil exports back to near normal…..Oil looking like an accident waiting to happen.
Gulf Exports Roar Back To Pre-War Levels, Goldman Says; Blas Sees “Trump Has Advantage” On Hormuz
Ipsofacto
re that Dutch tax…..there is more and more talk of such taxes in Europe, eventually someone will enact one….only a bureaucrat on a fat salary and even fatter pension, could dream up such a nightmare tax…..I feel even less charitable twds such types, in these mktts.
Don Michael
Glad to help….anything to publicise those pigs behavior.
ipso facto re yr 9.08 on the car co’s
I have read that all our phones do a data dump in the middle of the night, whether on or not…..plus why was Blackberry driven out of biz so only Android and Apple remained and so far no-one has come up with an alternative…..much easier to deal with/control just the pair ….
Ipso
What are you doing posting something positive about pmās here? Iām deeply offended by this. š
More than that though, Iām surprised MacLeod is still kicking, I think heās older than me. š
Maddog
Thank you for posting that – I tried yesterday but failed!
Masih Alinejad has millions of followers on facebook.
I can recommend her book – ‘The wind in y Hair’.
Don
eeos
No judgment just a warning with things that come because Satan will do anything it can to pull you away. Even through hypocrisy.
rev 3:16
So, because you are lukewarmāneither hot nor coldāI am about to spit you out of my mouth
eeos – all of us judge
and we are all hypocrites.
When we say to someone ādonāt be naiveā we are judging them to be naive.
Your walk is your own. No judgement here.
Iāve dealt with hypocrisy all my life
A respectful request to those bringing my faith or character into these discussions: please address what I say without making assumptions about my heart or my relationship with God.
In Matthew 7:1ā5, Jesus warns against judging others hypocritically and tells us to examine ourselves first. In Romans 14:4, Paul asks, āWho are you to judge someone elseās servant?ā These passages call us to humility, including when we disagree.
Iām open to thoughtful debate and respectful correction. But disagreement does not give any of us the authority to condemn another personās faith or decide where they stand with God. That applies to me just as much as anyone else.
Weāre here to discuss investing. Letās challenge ideas, support our arguments, and treat one another with the grace and respect we would want in return.
eeos
Your dad was a good person. Please don’t lose your spirituality over things to come. God has more knowledge and electricity in his little finger than all of man could create. Besides your dad might want to see you again someday.
please kindly watch the last video I posted with Jensen and Elon
it’s based on facts, not opinions. NVIDIA changed my life and business. The smartest doctors I know are using Ai. You know this too.
eeos
I take that back. Buygold just reminded me AI can change the person behind it. In fact I’m keeping a eye on it now. It will come through the Biotechs merging with AI. They are actually getting closer to finding a way being able to read people’s thoughts through biochemistry, not even implants in your brain.Ā You might be focused on computers and space but it could be much more nefarious than that.

