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March 8

S&P   Oil   FX   Gold   Silver  10Y   USH

BTC is down 0.02% | 4:55pm Sunday
When it is 12:00 noon in Uruguay, it is 11:00 EDT in NYC: 1 hour earlier.

AAA gasoline is $3.450 vs $2.984 a week ago
Brent is $92.690, Every $10 increase in Brent crude translates to a roughly 24-cent spike in U.S. gas prices | Watts

Retaliatory strike hits Bahrain desalination plant after US attack on Iran’s Qeshm facility | Cradle
Iranian Drone Strikes Bahrain Desalination Plant As Worst-Case Scenario Unfolds | Zero
Gulf countries rely on desalination. Qatar nearly 100%, Kuwait and Bahrain ~90%, Oman 86%, Saudi Arabia 70%

The Big Winner From the Persian Gulf Energy Crisis? Russia
Iran is having success hitting radar for U.S. missile defense.
U.S. bioweapons program run by CIA tied to Lyme Disease outbreak.
Putin Might Finally Deal His Long-Awaited Deathblow To The EU Economy | Kory
Why’s Nord Stream Back In The News? | Kory
“If the Iranian regime falls, beware Ankara’s regional influence.” | Kory

Day 8 of the Iran war and the President is cornered.
There is no good option. Only bad, worse, and unthinkable.

US Intelligence Community is Covering its Ass | John
The war in Iran is not going well and the US IC is beginning the Washington game of, “Don’t blame me, I warned you not to do it.” It is important to understand that this report was produced by the National Intelligence Council, aka the NIC, and it is under the direct control of Tulsi Gabbard. In any event I see this as a clear signal from people involved in producing this report that they will not be the scapegoats when the Iran war turns into a debacle for Donald Trump

In trying to decipher the events of this war, logic is your friend:
Since the Iranians no longer believe that the Americans will negotiate in good faith, they seek no negotiated settlement. And, the Americans and Israelis no longer seek a negotiated settlement but unconditional surrender. This means that the members of the Iranian regime and its military have no incentive to do anything but continue their counterattacks and wait for the Americans and Israelis to land a ground force in Iran to come get them.

Iran War Shifts to Cynical Plan 'B' After US Fails to Fracture 'Regime' | Simpl
Many people responded with the belief that Iran knows if it sinks a US carrier, it would be such a prestige hit for the US that Trump may have no option but to nuke Iran. As crazy as it sounds, this is not an altogether implausible assertion, and it’s not out of the realm of possibility that Iran is operating under such a belief.

Hasbara
Public-relations efforts to disseminate, abroad, positive information about the state of Israel and its actions. The public diplomacy of Israel, or hasbara, includes mass communication and individual interaction with foreign nationals through social and traditional media, as well as cultural diplomacy

Debt Rattle

Doug Noland Weekly
Seemingly no place to hide, with virtually all strategies faltering. De-risking/deleveraging has rapidly intensified. This is precisely how crises erupt, and the metastasizing Iran War poses clear and present catalyst risk. All bets are off if hostilities continue to expand. And while the Islamic Revolutionary Guard Corps (IRGC) military power is rapidly neutralized, it still holds alarming power over global markets.

Winston Churchill: "Individual Muslims may show splendid qualities, but the influence of the religion paralyses the social development of those who follow it. No stronger retrograde force exists in the world.”

Keir Starmer: “Muslims are the face of modern Britain.”


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