Very Serious Political Person

Half of US data centers planned for 2026 are expected to be delayed or canceled. One big reason is shortage of electrical equipment, such as transformers, switchgear and batteries. US doesn't have manufacturing capacity, forcing it to rely on imports. 🎁🔗 bloomberg.com/news/features/…

@Stockspy1 We’re going to 20, which is $220 a barrel assuming gold doesnt go higher

here's a 5 year look

I still like the gold miners short I think I was just too early I use this chart of the price of gold, divided by the price of Brent crude and I overlay it with the $XAU and the two tend to come together so we'll see which direction the gold/brent ratio goes from here

Considering the comments, many full of denial I got to this post, I am sharing this for the benefit of all those who live under a rock and still enjoy lullabies at an adult age in the UK

@shanaka86 Can you stop posting AI slop that I then have to plug back into AI to get a summary? So annoying.

JUST IN: Iran threatened to hit Jubail for decades. It never needed to. The Strait of Hormuz did the job. Sadara Chemical Company, the $20 billion joint venture between Saudi Aramco and Dow Chemical, has indefinitely shut down all production at its Jubail complex in eastern Saudi Arabia. Every line halted. Every cracker cold. Every reactor idle. The company says it cannot provide a resumption date, calling it “contingent on domestic and international factors,” which is corporate language for: we do not know when the strait will reopen, and neither does anyone else. Sadara is one of the largest integrated petrochemical facilities on earth. Its cracker produces 1.5 million tonnes of ethylene per year. Its 26 downstream units convert that into 750,000 tonnes of polyethylene for packaging and pipes, 350,000 tonnes for films and coatings, 360,000 tonnes of ethylene oxide for detergents, plus propylene, polyols, and isocyanates feeding construction, automotive, textiles, and agriculture across three continents. Total capacity exceeds three million tonnes. All of it offline. Not because a missile hit the plant. Because the feedstock arrives by sea through a passage the IRGC now controls with a toll, a clearance code, and a $2 million fee in yuan. This is what economic chokepoint warfare looks like when it works. No warhead. No crater. No dramatic satellite imagery of burning infrastructure. Just a phone call from the operations manager to the board saying we cannot source naphtha and the cracker cannot run without naphtha and the naphtha cannot arrive because the strait is not open and the strait is not open because a war that started 4,000 kilometres away has turned the most important waterway on earth into a permissioned corridor. The plant is intact. The plant is also useless. Asia is hit first and hardest. China, India, South Korea, and Taiwan are the primary importers of Gulf polyethylene and ethylene derivatives. Packaging plants are already rationing. Polyethylene spot prices in Asia and Europe spiked 10 to 15 percent within hours of the announcement. Construction supply chains that depend on polyethylene pipe and insulation are extending lead times. Automotive interiors, textiles, consumer electronics casings, and agricultural films all trace back to the same cracker that is now sitting cold in the Saudi desert because the molecule that feeds it cannot pass through a strait 1,500 kilometres away. The 2026 financial results for both Aramco and Dow will be materially impacted. Sadara cost $20 billion to build over a decade of construction. Its output feeds global supply chains that generate multiples of that value downstream. The shutdown is not a line item. It is a systemic event that demonstrates what happens when one geological chokepoint controls the feedstock for an entire industrial ecosystem. Iran did not fire a single missile at Jubail. The toll regime, the insurance bifurcation, the yuan payment system, and the selective clearances achieved what a barrage of Shaheds could not: the indefinite closure of a facility that took a decade to build and serves customers in 50 countries. It cannot restart until a strait that nobody controls is declared “open, free, and clear” by a president who posted on Truth Social that the alternative is the Stone Ages. The plant is intact. The plant is silent. And the molecule that would make it run is sitting in a tanker that cannot move. open.substack.com/pub/shanakaans…

First Valero Refinery, Now Largest U.S. Gasoline Pipeline Damaged In Georgia zerohedge.com/energy/first-v…

@PTBwrites Should the sick and infirm pay more in than the young and capable?

I *wish* this were an April Fool's joke

Oil is the new gold

My brother is an American military pilot. He texted me FROM A DITCH IN ISRAEL because during bombing the Israelis refused to let American soldiers into the bomb shelter. Israel has betrayed us.

@DarioCpx Excellent chart, thank you!

This is how $USOIL and $JPY are reacting. Watch Japan's economic crisis intensifying as the higher crude oil prices climb. Surely expect Japan to intervene in the FX market if its 160 $JPY is being crossed, but the headwinds Japan is now facing are harder and harder to fight

betting app where you bet on which tankers make it through the Strait of Hormuz

I want to watch the full kung-fu Iran vs US/Israel War movie.

oil is going much higher i'm guessing..

@PeterSchiff That is correct, but we will see a drop around late summer. Same time oil peaks to ~$210

Stocks, bonds, gold, and Bitcoin are selling off, and oil is rallying as Trump re-escalates the war with Iran, despite the fact that we've already achieved the most glorious and brilliant victory in the history of war. Soon gold will break this trend and rally in tandem with oil.

If the Strait of Hormuz remains closed to the end of April, we will lose 930 million bbls in crude + condensate and another 350 million bbls in products. Total supplies lost will be 1.28 billion bbls. To put this in context, global observed oil inventories is 8.2 billion bbls. OECD is 2.8 billion bbls.

@IraninSA @emeykhaneh This is excellent

Persian Gulf belongs to Green, White, Red: IRAN thanks to @emeykhaneh

“Pray for Iran because they are fighting for the entire humanity.”