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March 19

S&P   Oil   FX   Gold   Silver  10Y   USM Trump Says He’s Not Deploying Troops | PW

Brent is $110.31 after touching $119 | 11:56
WTI is $99.40. Spread is $10.91
WTI Crude Bursts Back Above $99 After US Export Ban Hopes Crushed
European natural gas is up about 15%

War On Iran: – Refineries Hit – Oil Passage Toll To Pay For Iranian Damage | Moon
Iran establishes ‘safe’ shipping corridor for approved and paid for transits

Scott Bessent | We may unsanction 140 million barrels of Iranian oil already on the open seas
U.S. wasn’t willing to lift those sanctions during peace talks with Iran. | Moon

S&P is down 0.68%, near the lowest since November | 11:37
Gold is down 4.93% to $4,579
Gold crashed as investors recalibrated expectations following hawkish central bank decisions

Dollar index down 0.28% to 99.81
Powell: “If we don’t see that progress [on inflation], then you won’t see that rate cut.” | Wolf
Rate cuts by year-end: 11 bps | Forex
Dot Plot projections still point at 1 rate cut in 2026.

Iran wipes out 17% of Qatar LNG capacity for five years — Loss of $20 billion in revenue
China weathering Iran war with minimal damage | Asia

QatarEnergy provides a damage assessment on the facilities hit yesterday | Forex
It's not great

Qatar's Ras Laffan is a nexus of technology and geography that is effectively irreplaceable.
Things Go Haywire as Israeli Escalation Throws Iran Conflict into Dangerous New Phase | Simpl
Worlds most sophisticated gas processing plant in Qatar is on fire; it took 14 years to build

Leading Indicators down by 0.1% to 97.5, after a 0.2% decline in December
Economy Rolls On With Jobless Claims Back Near Record Lows at 205,000 | Zero
Philly Fed business index +18.1 vs +10.0 expected
Australia Has One Month Before Energy Crisis And Fuel Rationing | Zero
Scandinavian Airlines System cancels 1,000 flights after jet fuel price doubles in just 10 days

War On Iran: Energy War Moves From Disruption To Destruction | Moon
It knows that it has is able to throttle the global economy via its control of the Strait of Hormuz and thus has the upper hand in any long term conflict. A some point the U.S. will have to agree (archived) with Iran’s end-of war conditions:

Iran Has Destroyed 10 US Radars, Hit Bases Dozens of Times | Anti-War
Trump: Israel attacked Iran’s south pars gas field without US or Qatari involvement | MEM
Iran Did Not Pose Nuclear Threat, Tulsi Gabbard Admits | VFox
Ukraine Peace Talks Are Suspended, Likely Indefinitely, Thanks To The Iran War | Zero

AI-Powered Robot Dogs Guarding Reviled Data Centers Is Where We Have Arrived | Naked
AAA gasoline is $3.884, up almost $1 in a month

Debt Rattle
Western world under threat because people fail to acknowledge that islam wants to conquer the world
Europeans are committing demographic suicide
About 200,000 immigrant truck drivers could lose commercial drivers licenses once they expire

Greg Gutfeld: “Do you know somebody who doesn’t have an ID? Tell me about it.”
She responded by saying she was talking about passports, not ID, but Gutfeld pointed out that liberals for years have been pretending minorities can’t get IDs, which obviously isn’t true, so they’re just pivoting to passports.

How They Caught Traitor Joe - The Canary Trap
The “canary trap” is an intelligence tactic used to identify a leaker by sharing a highly specific, fabricated story with a limited group of suspects to see if and where that information becomes public. In the case of Joe Kent, this method was allegedly used to expose him as a mole leaking information from within the National Security Council (NSC).

Drop Site Daily News Recap

The Real Causes of The American War of Secession | Doug Casey


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