Loading ...The Hormuz Letter
@HormuzLetter
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35m
BREAKING: Iran rejects Pakistan’s claim that a US-Iran agreement is imminent and will be signed electronically during a ceremony in the next 24 hours, on Sunday June 23, with Iran’s Foreign Ministry saying any signing “will not be tomorrow,” and nothing is finalized, per Tasnim.
Deal No Deal
So … who to believe?
Mother Of All ‘Ifs’: Trump Officials Claim Iran Deal Delivers Peace, Inspections & Hormuz Reopening; Iran Says Indeed ‘Close’
More War … D’oh!
The Hormuz Letter
@HormuzLetter
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1h
BREAKING: Several explosions heard near Qeshm Island and Sirik, southern Iran, with initial reports of Iran striking targets in the Strait of Hormuz, per Mehr News.
The Hormuz Letter
@HormuzLetter
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6h
BREAKING: Iran says talks have now “completely stalled” due to Trump’s positions and actions, saying that as long as Trump does not accept all of Iran’s demands in the draft, the 60-day negotiation period has no chance of beginning and Iran won’t sign, per a source close to Iran’s Ghalibaf.
Vance’s new statements say the deal involves “no cash” and “no funds released for signing,” while Iran’s draft requires the US to release $24 billion in frozen funds and pay Iran $300 billion in war reparations before Iran signs anything.
There clearly isn’t an agreement.
Shares held up despite
The usual end of day selling in the metals. I’d like to think we have a bottom, but it always seems like pm bottoms must be tested.
Be good when Maddog gets back, I want to see if those $15-$20K options for December are still in place.
Good weekend all, I expect the non-war to be on and off a couple times over the weekend.
Ipso 🤣
Yeah, I’d only be good for a week or so at that rate. 🤔
Buygold
“leaving a mark”
If it was me I’d soon be broke! 😉
I could be wrong but
The first time the HUI got up to 630 was 20 years ago. It next got there again in 2011. Then of course it blew through it last year on its way to the high of 986.
I guess I find it interesting that we just bounced off that level yesterday. Magnets.
A-good couple of days for the shares all things considered.
ZH has an article
Saying that the Iran says the deal is virtually done and they appear giddy.
Who knows what the heck to believe anymore. Yesterday was Trump’s 38th time saying things were about done – literally 38 times. Now he says there’s some fake news?
Ipso – no doubt the blockade is leaving a mark.
Trump himself rejects what the Iranians are saying
Trump Bats Down Iran Version Of MoU As ‘Fake News’ – Oil Spikes On Return To Deal Pessimism
Buygold
The blockade has really got to be hurting them! How many millions a day are they losing? Did I hear 700? How long can they hold out?
Seems to be a lot of difference in the draft peace proposals announced by the US and those from Iran. It would be no surprise if the whole thing fell apart.
Correction $435 millions a day
“The $435 million‑per‑day number cited repeatedly in international media is attributed to reporting in the Wall Street Journal and is echoed by NDTV and Iran’s central bank warnings; those sources frame the figure as the approximate daily economic damage to Iran from a U.S. blockade that cuts off most seaborne trade and forces oil field shutdowns”
https://factually.co/fact-checks/business/iran-daily-losses-blockade-strait-60e9a0
deer79
🙂
Shares look decent this am
hard to see why, but that a good thing.
Ipso – I would surely think it would piss them off. If we can just steal their oil, there’s no need to bomb them at all, we’ll just starve them out. Sucks for their population though.
Ipso
You’re on a roll this morning!
Love it! Keep em coming……
Vindicated
James Woods
@RealJamesWoods
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5h
A young Scottish girl who defended her sister from Muslim invader/predators has been vindicated by a British court. She should have a statue erected in her honor rather than have been charged in the first place. She has more heart than the leftist politicians destroying the UK.
Buygold @ 9:03
I think it’s true. The US has been guiding ships past the strait and to freedom. I sure don’t know about these ships going back in there to pick up more oil? This operation must PO the Iranians royally! 🙂
Rates moving up
Fed meeting next week might put the Kabash on any chance we have to rally.
Not sure why other than it’s the norm.
Ipso
It’s kinda funny, I don’t know if Trump is just messing with information or if the Iranians are just trying to make him look bad.
Glenn Beck had this to say about a genius plan put into place by the US military that supposedly snatched and grabbed 22 oil tankers worth of oil. Insiders have knowledge and that’s why oil is at $85.
https://x.com/michellemaxwell/status/2065195219750916106?s=46
Looks like we’re punching up again today.
No Nuclear deal, Iranian control of the strait, I don’t think this will fly …
עזריאל Guy Azriel
@GuyAz
According to reports from Iran, the proposed deal may be even more scandalous than what was reported last night.
Iran’s Mehr News Agency, citing a source close to the Iranian negotiating team, claims the draft Memorandum of Understanding (MOU) between the United States and Iran includes:
• An immediate and permanent ceasefire on all fronts, including Lebanon
• A U.S. commitment not to interfere in Iran’s internal affairs
• Removal of the naval blockade within 30 days
• Withdrawal of U.S. forces from areas near Iran
• Reopening of the Strait of Hormuz within 30 days under Iranian arrangements
• Suspension of sanctions on Iran’s oil and petrochemical exports
• Full access to Iran’s financial assets
• 60 days of negotiations toward a final nuclear agreement
• Release of $24 billion in frozen Iranian funds, with half of the amount released before talks even begin
• Iran’s missile program and support for proxy groups would not be part of the negotiations
• The final agreement would be endorsed by the UN Security Council
• The draft is still awaiting review and approval by Iranian authorities
If accurate, this would amount to massive upfront concessions to Tehran in exchange for promises and future negotiations.
No Final Deal Yet? Is this the hardliner’s view?
The Hormuz Letter
@HormuzLetter
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1h
BREAKING: Iran rejects Trump’s plan of a weekend deal-signing ceremony with Vance, saying any plan about signing in Geneva, Switzerland or a face-to-face meeting is nothing but a “mistaken understanding of US proposals and wishes,” due to the absence of a final deal, per Fars.
Nice comeback for silver in the overnights
Was down $1.50 last I looked, now down $.44. Hope it doesn’t turn back down.
Oil under $85 – unreal. The paper markets are amazing.
Dollar strengthening a little.
Be nice if we could see some follow thru today.
Maybe it really is about over
https://x.com/kadmitriev/status/2065374473688158625?s=46
I like this Russian guy. He spends most of his time in the US.
As always though. If this is serious, we need to be on the lookout for a false flag and Israel needs to get out of Lebanon.
Omg
Who is Joe Kent?
National Counterterrorism Center Director Joe Kent.
Why are they still walking around?
WEBB SAYS THAT JOE KENT WAS USING CHARLIE KIRK AS AN ASSET TO COMPROMISE TRUMP & THAT HE OVERSAW KIRK’S ASSASSINATION, AS THE ONLY PERSON IN CONTROL OF THE MEANS, MOTIVE & OPPORTUNITY TO DO SO.For the past 10 years, Webb has been investigating what he calls the “Hillary Clinton faction” of the DNC and their alleged sale of enriched uranium to the Iranian government, which he says was done to fatten their wallets and to gain absolute control over the United States through false flag terror attacks.In June 2025, Webb claimed that Iran was in possession of over a dozen powerful nuclear warheads, as a result of the enriched uranium sold to them by this nefarious faction of the DNC.That adds an unsettling context to this strange clip that was released on Tuesday during the live broadcast of Iran’s IRIB news network, showing a simulation of a nuclear explosion over a city:.
Webb has said that the law enforcement and the judicial side of this DNC faction are led by people allied with former FBI Counterintelligence brass, like Peter Strzok and Andy McCabe and by Minnesota Attorney General Keith Ellison.
Webb has long said that Ellison is involved in an American Gladio operation, where subversives within the US Government are cacheing weapons at secret locations and running secret training missions in order to suddenly spring a massive psychological and political campaign, like we saw with the 2020 Antifa-BLM Riots, which many believe were a prequel to the planned civil war in our imminent future
more too hard to copy..
https://open.substack.com/pub/forbiddennews/p/not-the-rothschild-news?utm_source=share&utm_medium=android&r=28qqrz