

Marc Rich
12.4K posts

@Jimmy____D
Get in loser, We're shipping 2 million barrels of A-Light through Hormuz. 🛢





MUST READ: Coal remains king — even in 2026. "... Across Asia, a sharp drop in liquefied natural gas supplies is pushing major importers back toward coal, undermining LNG’s long-held role as a stable energy anchor..." nytimes.com/2026/03/18/bus…

China’s ravenous appetite for silver lifted overseas purchases to an eight-year high at the start of 2026, as importers fed a surge in industrial and investment demand. bloomberg.com/news/articles/…

Gold plummeted and China big buying. The daily limit is only 600kg of gold bars for banks in China to sell, and 100kg on weekends. Sales start at 9 am per day and sold out within a minute. Source CCTV.


Silver has built strong support at $70 in recent months. There was one washout to $63, but it still closed back above $70. Even after the brutal sell-off in recent days, a few million more ounces left COMEX yesterday. $70 has to hold. If ETFs dump hard, we have a problem.


$TGA Thungela Resource The market capitalisation stands near 630 million dollars, while net cash totals roughly 340 million dollars, leaving an enterprise value of only about 290 million dollars. China is now approving and building new coal-fired power stations at record levels, underscoring coal’s continued role in the global energy mix.

🚨BREAKING: U.S. LAWMAKERS INTRODUCE THE SILVER ACT!🚨 👉Congress is moving to shake up the precious metals market: reduce risks in silver trading infrastructure, boost transparency, and shield investors from extreme volatility & paper market issues we've seen on COMEX! 👉If passed, this could create a fairer playing field, support genuine physical demand, and bring more stability to silver amid global shortages and industrial use! 🚨For stackers: This is a potential game-changer! 🔥Possibility for less manipulation risk means more confidence in physical silver as a long-term store of value! 👉Crustacean Nation: 🔥SILVER Act = bullish step forward? 🔥Think it actually passes? 🔥How much more are you stacking while Congress talks? 🚨Call your Congressional Representative and tell them you want them to support the SILVER Act! 👉Drop your thoughts & predictions below !👇🦀 *Not financial advice. Full story: moneymetals.com/news/2026/03/1…

Gold plummeted and China big buying. The daily limit is only 600kg of gold bars for banks in China to sell, and 100kg on weekends. Sales start at 9 am per day and sold out within a minute. Source CCTV.


Providing an update on the damage from the missile attacks on Ras Laffan Industrial City H.E. Minister Saad Sherida Al-Kaabi: The missile attacks reduced Qatar’s LNG export capacity by 17% and caused an estimated loss of $20 billion in annual revenue - Extensive damage to our production facilities will take up to five years to repair and will compel us to declare long-term force majeure QatarEnergy expects the damage to its Ras Laffan Industrial City caused by missile strikes, which occurred on Wednesday 18 March 2026, and in the early hours of Thursday 19 March 2026, to cost about $20 billion a year in lost revenue and to take up to five years to repair, impacting supply to markets in Europe and Asia. Providing an update on the damage to the facilities at Ras Laffan Industrial City, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said “I am relieved to confirm that no one was injured by these unjustified and senseless attacks, which weren’t just an attack on the State of Qatar but attacks on global energy security and stability. This was an attack on all of us who stand for development and human progress that is sustained by a fair, reliable, and secure access to energy.” The attacks damaged two liquefied natural gas (LNG) producing Trains 4 and 6 totaling 12.8 million tons per annum (MTPA) of production, representing approximately 17% of Qatar’s exports. Train 4 is a joint venture between QatarEnergy (66%) and ExxonMobil (34%), and Train 6 is a joint venture between QatarEnergy (70%) and ExxonMobil (30%). His Excellency Minister Al-Kaabi said: “The damage sustained by the LNG facilities will take between three to five years to repair. The impact is on China, South Korea, Italy and Belgium. This means that we will be compelled to declare force majeure for up to five years on some long-term LNG contracts.” The attacks also targeted the Pearl GTL (Gas-to-Liquids) facility, a production sharing agreement operated by Shell, that converts natural gas into high-quality cleaner burning drop-in fuels and produces base oils used to make premium engine oils and lubricants, and paraffins and waxes. “The damage caused to one of the two trains at Pearl GTL is being assessed and is expected to be offline for a minimum of one year” His Excellency Minister Al-Kaabi added. It should be noted that there will be a loss of associated product production due to this outage as follows: · Condensates: 18.6 million barrels which is around 24% of Qatar’s exports · LPG: 1.281 MT which is around 13% of Qatar’s exports · Naphtha: 0.594 MT which is around 6% of Qatar’s exports · Sulfur: 0.18 MT which is around 6% of Qatar’s exports · Helium: 309.54 MCFA which is around 14% of Qatar’s exports His Excellency the Minister of State for Energy Affairs, the President and CEO of QatarEnergy paid tribute to the Qatari military and security forces and to the energy sector emergency response teams whose courage and extraordinary professionalism ensured the situation was contained quickly and safely. #Qatar


