morning all
bailed last night at end o bred
did some clean up next door and that was it for muh back and sitting down.
welcome back w
Before sunset-little less than an hour-look at Yerp
Looking pretty much the same as it has with a few additions
Looks a mess here but below is who and what
Hungarian AF HUAF144 A319 se from Kecskemet AB
Bulgarian AF AFB71A ALENIA C-27J Spartan se from Sophia
NCHO223 USAF DC-10 extender trackin' over Romania
Romanian AF 1122 from Timosoara to Bucharest
Turkish AF TUAF611 A400m looks like another run to Rzesow, Poland from Ankara
Dutch AF MMF18 A330 tanker on the track with MMF20 further south
Danish AF FAF2925 se from Karup AB (central Denmark)
HEIST19 USAF C-130 C-130 Super Hercules se from Warsaw (sure there is some comms with that)
Hungarian AF BRK31 C-17 Globemaster south from Tampere, Finland
German AF GAF626 A400M also trackin' and both over central northern Poalnd
RAF RRR7219 Rivet Joint heading west after runs over eastern Poalnd-Ukraine/Belarus border
CHUMP01 US NAvy E-6B Mercury coming in from off shore work-just crossed over New Jersey shoreline heading ws
Prolly dropped it's low freq. antenna for some sub comms
see cap#2 for Chump
02-4452 USAFSOC C-32B jest departed JBA after a ground stop-prolly a training/cert flight
169342 US NAvy P-8 Poseiden dropped altitude over Harrisburg PA and will prolly do some go arounds at the Airport
The usual P-8s from JAX one at low altitude over Bahamas and other two se along FL east coast
Morning Market Report
Try to keep this short and sweet...oil is the big one this morning-OPEC+ article below-Index(s) still an orderly drop and ain't seen nuffin yet. Silver-there are no sellers here and it popped right back up and past the 200DMA...tick, tock BofA...kek
As a reminder 'they' spent $25B taking $1.25 out of silver last thursdy and it's not werking for them. Today is the weekly settlement price at 1:30pm
Jerry in front on CONgress today and tomorrow and still trying to make it look like they actually set rates and are not doing a massive amount of money-printing while also trying to convince them they have the ability to manage all this- key point in article below-he has NOT been confirmed yet and is still serving as Pro Tempore-while they shove Raskin's wife down our throats as the chief regulator.
10 year yields continue getting nuked cause of "muh flight to safety" cap#5-always loved that term..total bullshit. They have brought this down so they can be seen as raising them at the next meeting-even though it is done for them byh the bond market but "jerry" needs to be seen of effective ion something so they drop markets and everyone "flees" to bonds thus dropping yield and raising value of them.
OPEC+ Preview: A "More Complex" Meeting On Deck
OPEC+ producers are likely to maintain the current policy of 400k BPD monthly hikes, according to sources. However, the upcoming meeting will be more complex than the previous confabs given recent/ongoing major events: Russia's invasion of Ukraine, progress on the Iranian Nuclear Deal, and Brent sustaining above USD 100/bbls. Looking at where the group stands. OPEC-13 members are in something of a sweet spot with regards to the oil price, not being involved in a war, and as Russian crude looks less attractive. Conversely, the group faces the prospect of Strategic Petroleum Reserve (SPR) releases alongside Iranian oil legally entering the market, which would provide less of an incentive to open the taps beyond the pact. All in all, the path of least resistance is seemingly for OPEC* to continue with the current hike plan whilst stressing flexibility.
https://www.zerohedge.com/energy/opec-preview-more-complex-meeting-deck
Remember 'they' do not want to tank the price of crude cause they still need to pop out the next chunk of Aramco (IPO)
dis funny but also sad at same time
Powell Seeks to Reassure Lawmakers Fed Will Curb Hot Inflation
Federal Reserve Chair Jerome Powell will try to reassure lawmakers this week that the central bank will act to curb the hottest inflation in four decades while remaining flexible in the face of uncertainty posed by Russia’s invasion of Ukraine. Powell, in semiannual monetary-policy testimony to House and Senate panels starting Wednesday, is likely to signal the U.S. central bank will go ahead with plans for raising interest rates in March, with traders parsing his comments for hints of a potential half percentage-point move. At the same time, he may acknowledge the risks created by the conflict, which has triggered one of the worst security crises in Europe since World War II and caused oil prices to jump -- are complicating the Fed’s job. Officials have to contend with potentially stagflationary fallout from the invasion. Higher oil prices could dim demand by denting spending power if that leads to higher prices at the gas pump, but will also push headline inflation higher. Adding to the uncertainty is Powell’s own position: He’s currently serving as chair “pro tempore” while awaiting Senate confirmation to a second term. His and other Fed nominations remain stalled over Republican opposition to President Joe Biden’s pick of Sarah Bloom Raskin for Fed vice chair of supervision.
https://www.bnnbloomberg.ca/powell-seeks-to-reassure-lawmakers-fed-will-curb-hot-inflation-1.1730634
https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
https://finance.yahoo.com/quote/%5EDJI
https://www.kitco.com/charts/livesilver.html
off for a few
gotta set up some 'tech thangs' for appt later
>>128585 updated charts
Janet gonna have ta get involved in this or it becomes cannibalistic for the system soon.
They are tryin' really hard to bounce it here....and trying to back off too Oil-not werking d'oh
Stocks, Bond Yields Puke; Oil Explodes Higher After NATO 'Emergency Meeting' Headlines
Global stocks and bond yields were already getting hammered but when AFP reported that NATO foreign ministers will hold emergency meeting over Ukraine on Friday, it sparked another leg lower...NATO foreign ministers will hold emergency talks in Brussels on Friday over Russia's invasion of Ukraine, the alliance said in a statement. NATO allies have rushed to bolster their eastern flank after Russian President Vladimir Putin ordered the attack, but remain adamant that they will not get involved militarily in the war in non-NATO member Ukraine.
US Equities have erased yesterday's late-day ramp-fest... >>128484 pb
And Treasury yields are collapsing (10Y -18bps from inatrday highs)..to their lowest since the start of January...mentioned above already (jerry and the FRB/FOMC needs to be seen as doing something)
And all of this as oil explodes higher, with WTI topping $105...
and the captain obvious statement of the day...This will not end well...
https://www.zerohedge.com/markets/stocks-bond-yields-puke-oil-explodes-higher-after-nato-emergency-meeting-headlines
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
https://www.kitco.com/charts/livesilver.html
https://www.marketwatch.com/investing/bond/tmubmusd10y
9pm EST State of the Union address to a joint session of Congress; The Vice President, The First Lady, and The Second Gentleman attend
https://factba.se/biden/calendar
THIS should be comedy at its HIGHEST level.
If they even do it....
German AF GAF921 A340 departed Berlin se-looks like Scholz going somewhere but can't find anything yet.
Turkish AF 611 A400M departed Rzesow Airport after a ground stop of a little less than 2 hours-still makin doze 'deliveries'
Left Kayseri with a stop at Ankara prior to Poland arrival
Russia Bans Transfer of Ruble Bond Coupon Payments to Foreigners
The Russian central bank has banned coupon payments to foreign owners of ruble bonds known as OFZs in what it called a temporary step to shore up markets in the wake of international sanctions.
The Bank of Russia issued the instruction to depositaries and registries as part of a raft of measures announced this week that included a freeze on local security sales by foreigners. It was unclear how long the ban would last. “Issuers have the right to make decisions on the payment of dividends and the making of other payments on securities and transfer them to the accounting system,” the central bank said in an emailed reply to questions. “However, the payments themselves will not be made by depositories and registrars to foreign clients. This also applies to OFZ.”
The decision was taken to “avoid mass sales of Russian securities, the withdrawal of funds from the Russian financial market and to support financial stability,” it said. With as much as half of its foreign reserves frozen abroad by sanctions aimed at punishing the Kremlin for invading Ukraine, the Bank of Russia said Monday it would harden capital controls with a ban on transferring foreign currency abroad. While initially it clarified that the step wasn’t aimed at stopping the servicing of debt, some investors and economists said the phrasing of the decree could amount to a default.
https://www.bnnbloomberg.ca/russia-bans-transfer-of-ruble-bond-coupon-payments-to-foreigners-1.1730795
Watch them make a YUGE deal out of this while continuing to still ignore Evergrande who has already been in default for it's off-shore bond payment(s).
don't let that asshole tryin to steal it rattle you BF
you are doing fine.
Last night was good.
o7
Scholz went to Tel Aviv
Wut a surprise.../s
Get some marching orders then back to Berlin
Ukraine-Russia war overshadows German chancellor's Israel visit
German Chancellor Olaf Scholz is set to visit Israel on Wednesday, with the war between Russia and Ukraine expected to be a major item on the agenda. So far, Israel’s stance on the conflict is a delicate balancing act.
https://www.dw.com/en/ukraine-russia-war-overshadows-german-chancellors-israel-visit/a-60957331
>discernment
yep..usually careful as dipshit next door tried to get the whole bread nuked using his spam 'trick' in between the usual hivemind posts and was baking.
He mad it din't work
Head a little messed from earlier IRL crap-habbens
better nao
>>128457, >>128460 lb anon submits a theory and some additional information on Silver COMEX trade-Exchange of Futures positions for cash
This wut they did today in the EFP column
*An exchange for physical trade (EFP) is a privately negotiated and simultaneous exchange of a futures position for a cash position.
May 2022 775 contracts which equals 3,875,000/ozs of paper silver converted to cash payoff(s) on volume of 54,499
Open Interest 150,597 staying about the same
You can go deeper into these to see who is doing what but as already stated yesterday I believe NONE of it.
You have to have an account to view it...I don't any longer but I can tell you that focusing on that portion of it is worthless as it's always the same banks doing the same thing.
You may see some of the older ones show up now and then but it's always JP Morgan, Citigroup, Goldman Sachs, HSBC and Morgan Stanley used to be active.
Bank of America is a recent addition and I cannot recall ever seeing them do anything here until the leasing bullshit started to appear in public.
Focus on settlement for cash is about the only thing to look at nao cause that shows that they are facilitating cash pay-offs-that Bank of America kinda needs right now since they cannot deliver on the promised leases
probably
don't see a tanker over DC and that is S.O.P.
Doesn't mean not there just not visible on scope
He has had ZOMBE(s) as tanker call signs over him many times.
Oil Hits $110 As Biden Begins SOTU Address; Goldman Says Emergency Oil Release Won't Do Jack
With Joe Biden set to begin his first State of the Union address any second, it is only appropriate that WTI oil has exploded higher, and just printed at an 8 year high of 108.63, rising more than $3 since the cash market close, and more than $10 in the past 24 hours!
At the same time, Brent which traditionally trades at a premium, just hit $110: *BRENT CRUDE OIL EXTENDS RALLY ABOVE $110 A BARREL
One reason for that is a rather grim assessment from Goldman which echoes what we said earlier, namely that today's IEA release of 60 million barrels of emergency oil reserves will do exactly nothing to halt oil's tremendous surge higher.
As Goldman's Damien Courvalin writes, writing about the release of 60 mb of emergency oil reserves following Russia's invasion of Ukraine "we do not view this as sufficient relief, representing an only 1-month offset to a potential disruption to one-third of Russia's 6 mb/d seaborne oil export flows, for example, consistent with the rally in prices after today's announcement."
As such, Goldman reiterates its view - discussed here yesterday - that only demand destruction (just like in 2007-2009) - through even higher prices - is now likely the only sufficient rebalancing mechanism, with supply elasticity no longer relevant in the face of such a potential large and immediate supply shock.
moar
https://www.zerohedge.com/markets/oil-hits-110-biden-begins-sotu-address-goldman-says-emergency-oil-release-wont-do-jack
Currently at $108.36
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
Boeing and Ford suspend operations in Russia.
Two major U.S. manufacturers, Boeing and Ford Motor, suspended their business activities in Russia as the country escalated its war in Ukraine.
Boeing said on Tuesday that it had halted major operations in its Moscow office and temporarily closed another office in Kyiv, Ukraine. The company also said that it had ceased providing parts, maintenance and technical support services to Russian airlines. In recent days, countries around the world have imposed sanctions on Russian carriers, limiting their ability to use leased planes; fly over Western Europe; or buy spare parts.
Boeing employs several thousand people in Russia, Ukraine and a handful of former Soviet states, an operation that includes a major design center in Moscow. The company also runs a flight training campus and research and technology center in the city and has a joint venture in Russia with VSMPO-AVISMA, Boeing’s largest titanium supplier.
Boeing has also been trying to diversify its titanium supply in recent years and it said it had enough of the metal on hand to keep making commercial aircraft in the near term.
Ford, which once had three plants in Russia, is suspending its remaining operations in the country indefinitely because of the invasion. The automaker is part of a joint venture that makes small delivery vans at a plant in Yelabuga, more than 600 miles east of Moscow. It also works with a distributor that sells imported Ford vehicles. “Ford is deeply concerned about the invasion of Ukraine and the resultant threats to peace and stability,” the company said in a statement. “The situation has compelled us to reassess our operations in Russia.”
Ford shut down its three plants in Russia in 2019 as part of an effort to turn around its struggling European operation.
https://thenyledger.com/business/boeing-and-ford-suspend-operations-in-russia/
U.S. Will Ban Russian Aircraft From Flying Through Its Airspace
President Joe Biden will announce that U.S. airspace is being closed to Russian airlines in his State of the Union address, joining most European nations and Canada in response to the invasion of Ukraine, said two people familiar with the government’s decision. The people asked not to be named speaking about the issue prior to the announcement Tuesday night.
The action is largely symbolic since earlier airspace closings have made it very difficult for Russian aircraft to reach the U.S. from most locations. Canada blocked two Aeroflot flights attempting to return to Russia from the U.S. on Monday.
United Airlines Holdings Inc. said on Tuesday it would stop flying over Russia, which its daily flights to India had done. American Airlines Group Inc. and Delta Air Lines Inc. had earlier said they stopped flying over Russia on Feb. 23.
https://www.bnnbloomberg.ca/u-s-will-ban-russian-aircraft-from-flying-through-its-airspace-1.1731031
Ukraine foreign minister asks China to mediate ceasefire
Ukrainian Foreign Minister Dmytro Kuleba ( this guy is a human piece of SHIT) called on his Chinese counterpart Wang Yi in a phone call Tuesday for help from Beijing in mediating a ceasefire with Russia. "Ukraine is willing to strengthen communications with China and looks forward to China playing a role in realizing a ceasefire," Kuleba said, according to a Chinese statement.
Wang did not comment on the matter, but said Beijing advocates respect for the sovereignty and territorial integrity of all countries, and urged Ukraine and Russia "to find a solution through negotiations."
Ending the war with Russia is Kuleba's top priority, he said, and despite the lack of progress, Ukraine would maintain its composure and continue with negotiations.
"The security of one country should not be achieved at the expense of the security of other countries, and that regional security cannot be achieved by expanding military blocs," Wang said.
China has been carefully wording its position amid the Ukraine war. Beijing has been reluctant to call the conflict a "Russian invasion" and at the same time insists on respect for sovereignty, including Ukraine. China also abstained from a vote on a U.N. Security Council resolution condemning Russia, leaving Moscow isolated.
If China is to mediate, it appears that Beijing would also have to coordinate playing such a role with Moscow.
https://asia.nikkei.com/Politics/Ukraine-war/Ukraine-foreign-minister-asks-China-to-mediate-ceasefire
night all
slow and can use the rest