UncleLeoG

25.3K posts

UncleLeoG

UncleLeoG

@UncleLeoG

Katılım Ekim 2023
1.9K Takip Edilen496 Takipçiler
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zerohedge
zerohedge@zerohedge·
*GAMESTOP OFFERING TO BUY EBAY FOR $125 A SHARE: WSJ
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RT
RT@RT_com·
IRGC orders ships: GET OUT of Persian Gulf — Fars Mass exodus underway as vessels head for Dubai UKMTO: vessels receiving orders to leave
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The Kobeissi Letter
The Kobeissi Letter@KobeissiLetter·
BREAKING: US oil prices fall below $100/barrel as President Trump announces that the US will be guiding ships through the Strait of Hormuz.
The Kobeissi Letter tweet media
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Jim Bianco
Jim Bianco@biancoresearch·
Big news from Trump about 20 minutes ago (and ~90 minutes before the market reopens on Sunday night in Asia): The US will start Naval Escorts called "Operation Protect Freedom" tomorrow! As I noted in the repost below (from Friday), the US was "stuck" until the circumstances changed. It now seems they are about to change tomorrow! Some possible outcomes (hoping for #1 or #2, fearing #3 and #4) 1. US escorts ships out, Iran does nothing, this is over 2. US escorts ships out, Iran fires on ships that the US can repel, this is over 3. US escorts ships out, Iran fires on ships and hits them, or they hit a mine. The image of burning ships is a disaster for the Navy and the US, especially if it's a US warship. 4. The US keeps threatening to do this, but the Navy never actually does it (akin to them not firing on the 40 or so fast boats in the Strait today when Trump said they would a several days ago). The US can be criticized for talking a big game with little action.
Jim Bianco tweet media
Jim Bianco@biancoresearch

The bottom line is the Iran War is "stuck." No War (shooting) No Peace No Shipping No Crude Oil, LNG, Fertilizer, and/or Helium And it will stay "stuck" until circumstances change. The most likely change ... * The US/Israel restart kinetic attacks with the goal of forcing the Iranians to their position * The Iranians hold the stalemate long enough to drive up crude oil prices to intolerable levels for the developed world to get the US/Israelis to accept their positions. I guess a third option is that the blockade imposes unbearable economic pain on the Iranians to force them to accept the US positions. I say "guess" because the thinking now is this might take a long time, which plays into the Iranian point above about holding the stalemate to drive up crude oil prices to intolerable levels. As we are starting to understand, the Iranian regime has a high tolerance for economic pain, and the larger population cannot overthrow them. So, the maximum pain point, the so-called "tank top" of their crude oil storage facilities getting full, might be several weeks away.

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UncleLeoG
UncleLeoG@UncleLeoG·
IF you are truly serious about fixing the problem ...have everyone involved with the decision step down including Ursula ... Start with a new slate and new people who are thinking clearly ...Energy of all kinds will be important going forward
First Squawk@FirstSquawk

URSULA VON DER LEYEN: LOOKING BACK, I BELIEVE IT WAS A STRATEGIC MISSTEP FOR GERMANY TO ABANDON NUCLEAR ENERGY — IF WE ARE SERIOUS ABOUT CLIMATE, BOTH GAS AND COAL ARE FAR MORE HARMFUL THAN NUCLEAR.

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Tips2Home 🏡
Tips2Home 🏡@Tips2Home·
A simple tip for joining water pipes.
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Lazy Canadian Investor
"A bull market is like sex. It feels best just before it ends.” - Warren Buffett
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UncleLeoG
UncleLeoG@UncleLeoG·
Interesting ... & a real shame when ...the drama from a few "Karens" & woke media shuts down a conversation on making real changes to improve reality .. how do we stop the madness?
Elon Musk@elonmusk

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