tyb's
SAM587 C-40B (I think this is theAC type-light on info with this one) out of Majors Airport east Dallas and ne
Cap#2-here is what it did yesterday…..spoopy
PAT281 C-560 out of Los Alamitos and ne
>https://tar1090.adsbexchange.com/?icao=adfee1
CME Urged To Change Physical Gold Delivery Rules Amid Market "Breakdown"
Over the past decade, one of the most fascinating observations in the world of precious metals has been the bizarre decoupling in the supply/demand dynamics and thus pricing, between paper and physical gold.
And, as we detailed yesterday, that decoupling has become extreme.
A surge in demand for physical gold - that results in precious metal vendors and exchanges becoming sold out in very short notices - has created shortages in some geographical locations that is stressing gold markets drastically.
Don't take our word for it. Even the venerable Financial Times reports that traders have reported and lamented a growing global shortage of gold bars, as the coronavirus outbreak both disrupts supply and stokes demand, "with one business comparing the frenzied buying of the yellow metal with the consumer rush for toilet roll."
Yesterday, Saxo Bank's head of commodity strategy, Ole Hansen, observed that a lockdown is occurring in two biggest gold hubs in the world, New York and London, so many traders are working from home. "This has caused a breakdown in the marketplace", he said.
“There is no price discovery in the market right now,” he said Tuesday morning.
“If you need to borrow gold in the OTC [over-the-counter] markets right now, you are going to pay a king’s ransom.”
And that 'broken' market is no more evident than in the decoupling between spot and futures markets. The gap between gold futures on the CME's Comex exchange in New York widened above London spot prices by as much as $80 per ounce - or over 4% - on Tuesday. The two usually remain within a few dollars of one another, and the gap skewed trading in the London market, causing activity to fall as traders feared shutdowns of air travel and precious metal refineries due to the chinavirus outbreak will make it harder to ship bullion from London to the United States to meet contractual requirements. And so, under pressure from the London Bullion Market Association (LBMA) and several major banks that trade gold, the CME Group has reportedly changed its contract-delivery rules to allow gold bars in London to be used to settle its contracts to ease disruption to trading.
As Reuters reports, London is a key gold storage center, where thousands of tonnes of metal underpin trading, but it uses 400-ounce bars which must be melted down and recast as 100-ounce bars to be accepted by Comex in New York. The LBMA and executives at major gold-trading banks asked CME to allow 400-ounce bars to be used to settle Comex contracts, said the two sources, both of whom were involved in the discussions.
“It’s totally logical,” said an executive at a gold-trading bank. “In London there’s no shortage of metal.”
BULLSHIT or they wouldn't have such high premiums
Notably, Reuters admits the sources said the CME had not yet made a decision, and any change to its rules would likely take several days to implement and require regulatory approval.
No matter whether they approve it or not, there are serious cracks starting to appear in the paper gold markets as the world reaches for 'money' as The Fed explicitly admits to infinite dollar debasement capabilities.
https://www.zerohedge.com/commodities/cme-urged-change-physical-gold-delivery-rules-amid-market-breakdown
PAT281 C-560 on ground at Peterson AFB from Los Alamitos JFTB
Crowdstrike Holdings, Inc. President/CEO sold: $5.92m- Mar 20 & 23
CrowdStrike Holdings, Inc. is a provider of cloud-delivered solution for the endpoint protection. The Company’s Falcon platform is comprised of two integrated technologies: lightweight agent and threat graph. The platform offers a set of cloud-delivered technologies that provides a wide range of products including antivirus, endpoint detection and response (EDR), device control, managed threat hunting, information technology (IT) hygiene, vulnerability management and threat intelligence. Its cloud modules include Falcon Prevent, Falcon Insight, Falcon Device Control, Falcon OverWatch, Falcon Discover, Falcon Complete, Falcon Spotlight, Falcon X, Falcon Search engine and Falcon Sandbox. Its Falcon Prevent provides antivirus capabilities to customers, delivering protection to defend customers against both malware and fileless attacks. Its Falcon Complete provides monitoring, management, response and remediation solution to its customers.
George Kurtz
prior experience
Worldwide CTO, General Manager, and EVP at McAfee
Founder, CEO, Foundstone (Built it into a worldwide security products and services company specializing in incident response. He joined McAfee when it acquired Foundstone in 2004.)
Senior positions in security at Ernst & Young and PricewaterhouseCoopers
C.P.A., State of New Jersey, inactive status
https://www.crowdstrike.com/about-crowdstrike/executive-team/george-kurtz/
https://www.finviz.com/insidertrading.ashx?oc=1778564&tc=7&b=2
from March 20th
Crowdstrike reports a ‘real uptick in phishing campaigns’ during coronavirus crisis
https://www.cnbc.com/2020/03/20/crowdstrike-sees-phishing-attack-uptick-during-coronavirus-crisis.html