I suspect that all the planning for the future will soon be for naught.
America will have its hands full with civil and social unrest. Its governments and military will be focused on internal strife. It’s during these moments that the inner members of the Japheth confederacy will make a secret pact to strike the land of unwalled villages. Fortunately, for America, their differences will stand in the way and sabotage their grand goal of fully destroying what’s left of the Christian West.
Russia, Central Asia, and China are not our friends. They never have been and they never will be. Winston Churchill was right, he realized that the real enemy was the Soviet Union. Whatever the people in these Japheth governments say, we must take the opposite.
Putin says he’s fighting for peace. I say he’s fighting to reinstitute the Warsaw Pact alliance. Xi says he’s working toward establishing fair trade. I say the CCP needs to continue supporting its weaponized export-driven sector, so that it can build up its military for World War 3.
America will burn. America is obsessed over the most trivial and was allowed to be overrun by the mongrels who find the nation’s legacy and the Caucasian founders as absolutely contemptible. These mongrels are non-Adamic man and are much less talented. These peoples are takers, rather than makers.
These non-Adamic peoples tear down legacies rather than build up. Their only goal in mind is to destroy the current order, yet they lack the intellectual capacity to plan for any replacement. They will soon find out what they have set themselves up for.
Two to three entire generations were bred and engineered from a very young age to obsess about sex and race. The founders generations were engineered to hate themselves. It’s all over now. We can’t go back, unless there is a great cleansing in the land.
The private banking cartel, who own the media, government infrastructure, and education system, have turned America into a multicultural shithole. These mongrels are only useful idiots for the Central Bank elite and help to facilitate and accelerate the goals for the formation of a global talmudic communist Utopia.
The owners of the central banks have essentially absconded with all the wealth and left the unwitting populace with a pocket full of debts to be serviced in perpetuity. President Trump as well as the homosexual, President Obama, have both worked to tear down the country by using the race card.
I agree with Elon Musk in at least one instance, Trump’s big beautiful bill just accelerates America’s demise.
The table is set and the bridges have been burned. There’s no going back now. Everything has been set in motion and cannot be undone.
I walk up and down the streets of red rural Virginia and it’s loaded with Spanish speaking mongrels and interbreed mulattos. The percent of Caucasians continue to dwindle, and those Caucasians who are present aren’t even fit and don’t even look human anymore. They stare at their phones with their bug eyes. Their bodies are covered in tattoos and they are morbidly obese.
America will burn. 2027. I wouldn’t really waste my time investing for the future anymore. It’s all going to end soon anyway.
Boeing = DEI = non-Caucasian = poor quality = death
Air India cancels London-bound Dreamliner flight over tech issue
Safety concerns force airline to make number of cancellations in wake of Thursday’s crash
https://www.telegraph.co.uk/news/2025/06/17/air-india-cancels-london-bound-boeing-flight-tech-issues/
BOJ to ease pace of bond-buying cuts amid trade uncertainties
The Bank of Japan decided Tuesday to slow the pace of its government bond-buying reduction beyond next year while keeping interest rates unchanged, underscoring a cautious approach to normalizing monetary policy amid trade and economic uncertainties.
At a press conference following the BOJ’s two-day policy meeting, Governor Kazuo Ueda expressed concern about the outlook for Japan’s economy in light of U.S. President Donald Trump’s tariff hikes, saying downside risks now “exceed” upside ones for both growth and prices.
Under the latest plan, the central bank will scale back its debt buying by 200 billion yen ($1.4 billion) per quarter from April 2026, down from the current 400 billion yen. The total amount of purchases will decline to about 2 trillion yen monthly in early 2027.
https://english.kyodonews.net/news/2025/06/465952e3cf45-update1-boj-to-slow-pace-of-bond-buying-reduction-keeps-policy-rate-at-05.html
Retail sales a tad lower than expected while the import export prices are slightly elevated. It’s a wash and GDP should be revised downward.
Core Retail Sales (MoM) (May)
Act: -0.3% Cons: 0.2% Prev: 0.0%
Export Price Index (MoM) (May)
Act: -0.9% Cons: -0.1% Prev: 0.1%
Export Price Index (YoY) (May)
Act: 1.7% Cons: Prev: 1.9%
Import Price Index (YoY) (May)
Act: 0.2% Cons: Prev: 0.1%
Import Price Index (MoM) (May)
Act: 0.0% Cons: -0.2% Prev: 0.1%
Retail Control (MoM) (May)
Act: 0.4% Cons: 0.3% Prev: -0.1%
Retail Sales (MoM) (May)
Act: -0.9% Cons: -0.5% Prev: -0.1%
Retail Sales (YoY) (May)
Act: 3.30% Cons: Prev: 5.00%
Retail Sales Ex Gas/Autos (MoM) (May)
Act: -0.1% Cons: Prev: 0.1%
Seems like the Israeli-Iran war is just a contained regional event right now. The stock market is behaving like this is a nothing burger right now. Usually the stock market is an accurate predictor of future events but not always. This is a strong possibility that the attack on Iran is a distraction from something else going on behind the scenes. I think this whole thing is just an act in a play and maybe just a hoax as one blogger on this site might say. WWIII is not here yet and the evil establishment goes on business as usual.
The consolidation of greater Israel continues with the assistance of the USA. Wall Street is going with the plan. Fake Israel is going to become the ruling empire of the middle east. I wonder if Turkey will challenge them in the near future. The gulf states are going along with this demo of Iran now also.
One more thought. If fake Israel was losing, the markets would plummet!
Could the FED have an out and cut rates based on nascent and growing regional conflicts?
Rate Cut Odds ’50/50′ Amid Israel-Iran Conflict, Says Jerome Powell’s Ex-Advisor Jon Faust
Economist Jon Faust, a former senior advisor to Fed Chair Jerome Powell, believes that the equations surrounding a rate cut are now fundamentally altered as tensions flare in the Middle East.
What Happened: Faust, an economist who has advised former chairs Ben Bernanke and Janet Yellen before Powell, said that he believes the ongoing conflict in the Middle East could be the biggest external risk facing the Federal Reserve this year, during his interview with MarketWatch late last week.
Israel-Iran tensions are a “major wild card” that could rattle business and consumer confidence and potentially tip the U.S. economy into a slowdown, Faust said, adding that the extent to which the conflict “yields a large rise in oil prices and a further shock to uncertainty, and thereby confidence, is the sort of thing that would tip a slowdown.”
See Also: Trump’s ‘Numbskull’ Insult Comes Back To Bite—In Record Time
A Fellow at the Center for Financial Economics at Johns Hopkins University, Faust believes that while a rate cut in December is possible, he wouldn’t bet on it.
“I’d put the odds at 50/50,” he says, noting the Fed will “cut when the data support it, and not until then.”
With the Fed’s latest Summary of Economic Projections due this week, involving an update to the so-called dot plot, Faust warns against reading too much into it, saying that “an equal case could be made for zero, one or two cuts this year.”
Why It Matters: This comes amid growing attacks on Powell by President Donald Trump for not cutting rates fast enough and blaming him for higher U.S. government debt costs, going as far as to calling him a “numbskull.”
Several prominent economists, too, have joined in on this chorus over the past week, with economist Neil Dutta of Renaissance Macro saying that the “Fed policy is too tight,” and that he expects the central bank to act.
NY Empire State Manufacturing Index (Jun)
Act: -16.00 Cons: -5.90 Prev: -9.20
From Independent Sentinel, According to Israel Hayom, Trump told Putin that he wasn’t going to stop Israel from finishing off the Iranian threat. That’s when Putin allegedly ordered Russian diplomatic personnel to get out of Tehran.
Russia has taken an active role in trying to quell the conflict between Iran and Israel. He called President Trump at Iran’s request.
Following the conversation in which Trump probably said he would not restrain Israel, “Putin sent a warning to Iran Supreme Leader Khamenei, stating that his regime is in danger. Putin advised him to move quickly toward negotiations.” He also ordered evacuation of Russian embassy personnel from Tehran. Putin doesn’t appear to have any intention of joining the fight on Tehran’s behalf. He is on his own.
That may explain the WSJ article claiming Iran is suing for peace negotiations.
The japheth Confederacy has a small window of opportunity before the European NATO Nations as well as the US are ready for World War III in 2030. It seems that later on in 2027 will provide this window for Russia and China as well as its allies.
Japan issues rare warnings on bond market in policy roadmap
TOKYO (Reuters) -Japan’s government issued rare warnings on rising government bond yields and the changing structure of debt ownership in its economic policy roadmap as the central bank gradually trims its presence in the market.
“We must continue efforts to further promote domestic ownership of government bonds to avoid spikes in long-term interest rates caused by supply-demand imbalances,” the government said in this year’s economic and fiscal policy guidelines approved on Friday.
The explicit warning in the guidelines, which form the basis for budget planning, follows a recent bond market rout that briefly pushed yields on super-long Japanese government bonds (JGB) to record highs.
The government debt market, particularly the longest-dated bonds, faces a triple whammy of the Bank of Japan’s tapering of bond purchases, waning demand from life insurers previously driven by capital requirements and intensifying concerns over Japan’s tattered finances.
The BOJ, which owns 46% of JGBs, has been slowing bond purchases as it exits a huge asset-buying scheme.
The central bank is expected to make no big changes to the current bond taper plan at its policy meeting next week but consider slowing the pace of tapering from next fiscal year, signaling a preference to avoid big market disruptions, sources told Reuters.
That raises the importance of domestic private-sector banks, previously the biggest JGB owners, though capital rules are likely to limit their exposure to rate risks.
Foreign investors have boosted their presence in the market over the last decade, but their holding duration is typically less than those of life insurers, Koichi Sugisaki, macro strategist Morgan Stanley MUFG Securities, said.
“A situation where these buy-and-sell investors are holding large interest rate risks is inherently unstable, if not outright dangerous,” Sugisaki said. “It’s like having ‘magma’ ready to erupt at any moment, should something trigger it.”
Banks owned 14.5% of JGBs including treasury discount bills as of the end of last year, while insurance firms held 15.6%. Foreign ownership stood at 11.9%.
Eager to boost purchases by stable domestic holders such as banks, the government is preparing to introduce new floating-rate bonds linked to short-term interest rates to mitigate risks from rising bond yields.
It also plans to expand the scope of investors eligible to buy government bonds specifically designed for retail investors, allowing non-profit corporations and unlisted companies to buy such principal-guaranteed JGBs.
Additionally, the government is considering buying back some super-long JGBs issued in the past at low interest rates to improve the supply-demand balance, on top of an expected plan to trim issuance of super-long bonds.
Growing calls from lawmakers for more stimulus and tax breaks are adding to the bond market woes.
Prime Minister Shigeru Ishiba has so far resisted proposals from some opposition parties for tax breaks aimed at helping households cope with persistent inflation.
He instead instructed his Liberal Democratic Party on Friday to pledge cash handouts in its campaign for an upper house election in July, which would create less fiscal strain. The plan would not tap fresh deficit-financing bonds, he added.
In the annual policy guidelines, the government effectively pushed back the self-imposed deadline for delivering a primary budget surplus from the previous target of fiscal 2025 to “as early as possible during fiscal years 2025 to 2026.”
($1 = 143.9800 yen)
Bankozettel
On June 15, 1762, Austria used the first paper currency. The currency was called Bankozettel and was issued by the Bank of Austria. Wonder who was in charge of that bank? That wasn’t a question!
I don’t think I have any women left on my distribution list. I certainly don’t have any universal church members left.🔯🔯🔯
💩💩💩
I had my upcoming loan repriced into a 5-year arm at a 30-year duration. The interest rate is 6.375%. originally, it was 6.875% fixed for 30 years. So I upped the amount on the cash out another $17k, which didn’t really affect the monthly payment. Rates are starting to come down for investors here, and I may refinance over the next year, especially if the Fed gets wise.
Seems like good timing to go with arm loan now. The Fed, will ease with the excuse of war.War is the answer from the edomite point of view! I bet Russia and China are amazed at how quickly fake Israel have air superiority over Iran.
Global war continues to expand. Manufactured civil unrest around the Western world. Keep an eye on the countdown clock on the front page of this blog. Q3 2027.
With lots of pain leading up to the grand finale! It will build and crescendo like child birth!
It seems to be moving in that direction, doesn’t it?
So far, fake Israel is dominating Iran! Reminds me of, who can make war against the beast
The Israelites’ cousins are the Medes and the Persians. The Cain Edomite bankers want us all fighting against one another
Right! The money changers want war! That’s were the money is. Naturally, Russia and China are siding with Iran. The gulf states are quietly happy about this.
We will see how far this goes. Regime change is probably not likely, but who knows.
Constantine was an Edomite who worked with the Jew scribes to reconfigure scripture to create a communist and a one world religion. Constantine had that hook nose. It’s the same religion today that’s pro open borders and will support all the Democrat planks.
I can’t believe I was a universal church member for all those years. I was such a stupid dupe.
Constantine an edomite? That’s interesting although I wouldn’t be surprised. Also religions worship the same entity. Be it Rah the sun god, chrishna, Apollo, Zeus, mithra it all leads to the god of this world. Different name culturally. All part of the disguise and deception!
Very interesting insight about Constantine being an Edomite. I have read elsewhere that the Roman emperors were edomites. That would go a long way to explaining why the Niacene Council created the Holy Bible the way it is. They left out a lot of gospels from the old and New Testament that could have enhanced Christianity. It was obvious that they were trying to control Christian theology into a narrow one track mind.
The Ethiopian Bible and Eastern Orthodox Bible has extra books in it.
There is also a question that Constantine became a Christian not so much out of his heart but more to control the growing Christian movement in the Roman Empire.
The birth pangs are starting before the second coming of Jesus Christ. It will be interesting to see how Iran retaliates if at all. Israel’s attack is the most aggressive yet. Maybe this is just a potshot show and distraction from something else like the last time or this could blow up into something bigger. Time will tell.
Gold is behaving as it should. Can’t say the same for platinum and silver today.
This may be an interesting weekend! Iran, flag day, big army parade, Trumps birthday, fathers day, and no kings riots! Lots of distractions! What will happen that they are trying to sneak by us?
Bilderberg meeting June 12-14. Bilderberg is where David Rockefeller and Zbigniew Brzezinski received the blessing to start the Trilateral Commission in 1972. It is the consummate networking group in the world. This year’s invitation-only group includes AI and technocrats, journalists, military, pharma, politicians, and global institutions. Peter Thiel and Alex Karp are on the Steering Committee that picks the participants.
The meetings and discussions are secret. ⁃ Patrick Wood, Editor.
Alex Karp, CEO of the data-mining software company Palantir which is known for its work in defense and intelligence, warned that the U.S. may have to wage war in three different theaters in the future.
He told the New York Times that he thinks the U.S. will “very likely” find itself in a three-front war with China, Russia and Iran. As a result, he said the Pentagon should continue developing autonomous weapons at full speed, pointing to big mismatches in how far the U.S. would be willing to go while fighting a war compared to other countries.
Q3 2027
The bombing of Iran last night and today is a lead up to WWIII. This is only a warm up that is still unfolding.
I am reading reports that the USA helped Israel more than publicly stated. The only country that has publicly backed Iran so far is North Korea.
Keep that countdown clock running. I’m sure eventually we’ll get an event that isn’t staged or fake. They really need to find another area for these staged events, instead of using the same demolished looking buildings every single time. Hollywood studios next door to the Trumpy riots Once again you guys that post on here are way to smart to believe and go along with this nonsense. Kinda sad and neat how the fake media trickery has an effect on the markets.
Bond bullish numbers. It’s difficult for the FED to continue defending its restrictive policies.
Continuing Jobless Claims
Act: 1,956K Cons: 1,910K Prev: 1,902K
Core PPI (MoM) (May)
Act: 0.1% Cons: 0.3% Prev: -0.2%
Core PPI (YoY) (May)
Act: 3.0% Cons: 3.1% Prev: 3.2%
Initial Jobless Claims
Act: 248K Cons: 242K Prev: 248K
Jobless Claims 4-Week Avg.
Act: 240.25K Cons: Prev: 235.25K
PPI (MoM) (May)
Act: 0.1% Cons: 0.2% Prev: -0.2%
PPI (YoY) (May)
Act: 2.6% Cons: 2.6% Prev: 2.5%
PPI ex. Food/Energy/Transport (YoY) (May)
Act: 2.7% Cons: 2.7% Prev: 2.9%
PPI ex. Food/Energy/Transport (MoM) (May)
Act: 0.1% Cons: Prev: -0.1%
If Powell does not lower interest rates then he is definitely taking orders from higher up to crash the economy on Trump’s watch and he will discredit the Federal Reserve Bank.
The book, Creature from Jekyll Island, will demonstrate the problem and the money changers behind it! Of course, the “money” system is based on a debt based, world wide central banking cartel! Trump is their Hoover.
From earlier this morning. Excellent inflation data. Bonds like it and so should the Fed.
Core CPI (MoM) (May)
Act: 0.1% Cons: 0.3% Prev: 0.2%
Core CPI (YoY) (May)
Act: 2.8% Cons: 2.9% Prev: 2.8%
Core CPI Index (May)
Act: 326.85 Cons: 327.32 Prev: 326.43
CPI (MoM) (May)
Act: 0.1% Cons: 0.2% Prev: 0.2%
CPI (YoY) (May)
Act: 2.4% Cons: 2.5% Prev: 2.3%
CPI Index, n.s.a. (May)
Act: 321.47 Cons: 321.73 Prev: 320.80
CPI Index, s.a (May)
Act: 320.58 Cons: Prev: 320.32
CPI, n.s.a (MoM) (May)
Act: 0.21% Cons: Prev: 0.31%
Real Earnings (MoM) (May)
Act: 0.3% Cons: Prev: 0.0%
Dollar-Obsessed Argentines Have a Newfound Love for Buying Gold
(Bloomberg) Gold is winning over the hearts of Argentines, a nation once almost irrationally devoted to the dollar.
Argentina’s deep-rooted reliance on the greenback — the country ranks among top holders of the US currency, according to estimates by economists and former central bank officials — is now being challenged by a growing appetite for gold. From bullion and small bars to exchange-traded funds, Argentines are increasingly turning to the precious metal as an alternative store of value.
The shift signals a profound change in investor psychology as the dollar no longer offers the same inflation hedge it once did. The ongoing cost-of-living surge in the US, coupled with a rise in the peso under President Javier Milei, has diminished the greenback’s lure. For many Argentines, it is now merely a “second-best” choice among safe-haven assets.
The recent removal of foreign exchange controls for individual investors has accelerated that trend. Argentines can now purchase gold directly in pesos, even through interest-free installment plans, eliminating the need for dollars. That opened the door for small savers in search of a more stable store of value.
“It is becoming very trendy,” said Leonardo Echegoyen, director at Banco Piano, one of the few Argentine banks that legally sells physical gold with a certificate of origin and a purity rating of 999.9 parts per 1,000, the only type of gold that can be sold abroad. “People want to earn a return on their dollars, and they’re looking for that return in this commodity,” he said.
Another driver for Argentine’s newfound love for gold are fears that the US dollar might lose more of its value. The US currency is already down 7.5% against a basket of international currencies since the beginning of the year, after surging 4.4% in late 2024 after Donald Trump’s election win. “Little by little, people are starting to understand that monetary assets should be invested in something,” said Juan Piantoni, chief executive officer of Ingot, a safe deposit box provider in Argentine.
Argentines have harbored a deep distrust of their banking system since the 2001 financial crisis, when dollar deposits were forcibly converted into pesos. That trauma left an estimated $200 billion outside the formal financial system — stashed in safe deposit boxes, real estate, or even unconventional hiding spots like mattresses.
Echegoyen recalls one customer who brought in a stack of $100 bills fused into a solid block after storing them in a kitchen pipe that burst. “Gold is more practical for people who don’t know where to keep cash without it getting ruined,” he said. With a client base of around three million, Banco Piano has quadrupled the volume of gold imports from Switzerland in 2025. After making just two shipments in all of 2024, the bank has completed five so far this year.
Not surprisingly, gold is gaining space in Argentines’ safe deposit boxes — a place traditionally reserved for US dollars. “Storing dollars in a safe deposit box isn’t common practice in most countries. It’s a uniquely Argentine habit,” Piantoni said. The logic, he explains, is simple: safe deposit boxes are meant for valuables that need to stay out of the reach of others.
Globally, the price of gold has jumped more than 27% over the past year, hovering near record highs above $3,300 an ounce. The surge has been fueled by geopolitical tensions, stubborn price pressures and mounting expectations of interest rate cuts by major central banks.
In Argentina, gold in jewelries is priced at around $114 per gram, with a buy-sell spread of 10% to 15%, positioning it as a medium- to long-term investment. Some purchases can be made in three or six interest-free installments, while banks are offering cash back of up to 30% — an attractive perk in an economy still battling with double-digit inflation. Argentines are allowed to buy as much as $7,200 in gold per month without disclosing the source of funds. A recent government bill aims to raise that cap to $12,000.
Brokers, meanwhile, provide access to gold via exchange-traded funds like SPDR Gold Shares, known by its ticker GLD, rather than physical bullion. “There’s more demand for gold this year,” said Fabio Saraniti, a partner at local broker Win Securities. “That happens because when financial assets rise, people want to buy. And when they fall, they want to sell.” Net inflows into the SPDR’s ETF surged 170% year-over-year in the first quarter, pushing total investment demand to 552 tons, the highest level since early 2022, according to the latest World Gold Council report.
Precious metals traders at top banks including JPMorgan Chase & Co. and Morgan Stanley posted their best performance in five years in the first quarter, in part thanks to an arbitrage opportunity that sparked a rush of bullion into the US.
The trend is extending beyond the financial world. Leiva Joyas — one of Argentina’s most established jewelers — has seen daily gold inquiries triple in 2025, reaching 300 a day. Sales have already doubled this year compared to 2024. “People want to preserve their capital amid economic uncertainty. They know time deposits offer low returns,” said Daiana Azcona, a sales executive at Leiva Joyas.
While companies remain barred from investing in physical gold, individual investors — many from the agriculture and finance sectors — are entering the market with a long-term perspective. Gold was once shunned by traditional investors, Echegoyen said. “Now, even seasoned investors who had never considered it before are getting involved.”
“Shock Therapy” is a weekly analysis column focused on finance and markets in Argentina.
Foreigners are losing trust in the USD and it is long overdue.
The staged protest riots will spread and Trump will eventually call in the military, while Alex Jones fully supports it. He says it needs to be done. Of course posse comitatus is effectively done away with, with the blessing of the Jew Central bankers. The Democrats are staged and foolish looking opposition. Trump is marketing his brand to the unwashed masses.
The civil unrest will continue, while the mass roundups increase. The government will have its hands full and the japheth Confederacy will strike before NATO and the united states are fully prepared for World War 3. NATO will be prepared for World War 3 around 2030. Russia and China will see their window of opportunity sometime in 2027.
Trump will be the sitting president for World War 3.
The Babylonian whore Universal Church supports the Democrats. It’s funny how the Catholic Church usually supports the Democratic party anyway. When I was a child, the Catholic Church on Long Island supported the Democrat party. The Catholic Church always supports the Democrat party. That’s what whorish government supporting and tax-exempt charities do.
Most of these Hispanics that flood the United States border are Catholic. The Catholic Church prefers open borders, because it increases their following inside the United States.
Yep, all part of the assault on True Israelites!
Any church that is involved in worldly politics is a whore church. My folks left the Methodist church in the late 70s when the Church sided with the Iranian Ayatollah and his revolution. Politics is currently the work of Satan.
Yes, I suspect that is correct! The problem, reaction, solution game is well under way. Trump is their Hoover with all the trimmings. Keep an eye out for the antisemitism trap also!
Looks like inflation came in tame this morning. Anybody who sold stocks in May went away as losers.
Peak American oil production is highly overrated…..
Trump’s Energy Dominance Push Helped by Gulf Oil Output Revival
(Bloomberg) — US oil production is poised to rise this year and next as President Donald Trump pushes for more drilling. But as crude prices tumble, most of the growth will come from a surprising source: the Gulf of Mexico.
Producers in the body of water — which Trump dubbed the Gulf of America — will bring on 300,000 barrels of new daily output this year, according to forecaster Wood Mackenzie Ltd. This growth, the most since 2009, will account for about half of the US’s output gains. Next year, the Gulf’s 250,000 barrels of new daily output will represent all of the US’s growth.
The Gulf’s rising importance represents a turnaround from the past two decades, when the region — tarnished by the Deepwater Horizon oil spill, spiraling costs and pandemic shutdowns — took a backseat to the shale boom that has made the US the world’s largest oil producer. But now tumbling crude prices have shale drillers cutting rigs, workers and investment plans, while major, longer-term Gulf projects are starting to come online.
“Most people are focused on onshore, when the real growth this year will come from offshore,” Miles Sasser, a senior research analyst at Wood Mackenzie, said in an interview. “The projects in the Gulf of America are ramping up nicely, and that should come as a surprise to many.”
Trump has promised to unleash US oil and gas production, and his administration is reworking policies to help boost flows, including from the Gulf. He has also created a National Energy Dominance Council to help expand production. But his global trade war and the OPEC+ supply increases that he has encouraged have hammered crude prices, spurring the pullback by shale drillers.
Chevron Corp. will grow Gulf production 50% from last year, to 300,000 barrels a day by 2026. Shell Plc has Sparta, a 90,000 barrel-a-day project coming online in 2028, while BP Plc has a series of projects through the end of the decade that will increase production capacity by about 20% to more than 400,000 barrels a day. These are all coming at a time when frackers are warning US shale production may have peaked.
Production growth in the Gulf has only outperformed shale in three of the past 10 years, and each of those instances came amid low oil prices and slowing demand, said Jesse Jones, a senior upstream analyst at Energy Aspects.
“Shale producers react more quickly to weaker prices,” he said.
Chevron’s most-recent developments break even at crude prices below $20 a barrel, making them among the lowest cost anywhere in the world, according to Bruce Niemeyer, the company’s president of production in the Americas. Brent crude settled at just above $67 a barrel Monday, down 10% since April 1.
“If you can drive breakevens down, you make your investments more resilient, you make the company more resilient,” Niemeyer said in an interview. “That’s the ultimate scorecard.”
The secret to the Gulf’s rebound is a fundamental change in the offshore business model.
When oil consistently traded at $100 a barrel between 2008 and 2015, producers designed large, complex and expensive production vessels. They’ve since focused on smaller, simpler structures. BP reduced the cost of its Mad Dog 2 project by more than half, to $9 billion, by the time it came online in 2023. Shell cut the expense of its Vito platform 70% from its initial design. Both companies say they their new approach is to “design one, build many.”
“Deepwater is no longer high-cost by default,” Colette Hirstius, Shell’s executive vice president for Gulf of America, said in response to questions. “It’s proving to be highly efficient, capital-lean and resilient” through the oil-price cycle.
Chevron is working to fill up old production platforms rather than building new ones, Niemeyer said. Ballymore began producing its 75,000 barrels a day in April, but doesn’t have a dedicated platform. Instead, the field is connected to its Blind Faith platform, which was built in 2008, through three miles of subsea pipelines, or “tiebacks.” About 80% of Chevron’s exploration leasehold is in tieback range of existing facilities.
“We begin with the end in mind,” Niemeyer said. “That sets us up to be very disciplined in the design choices and execution, and that ultimately turns into falling breakeven” costs.
Like all established oil fields, the Gulf faces limits. There haven’t been any big new discoveries since 2017, when Shell struck oil in the Whale field, Wood Mackenzie’s Sasser said. The region “lacks high-impact projects that will sustain growth in the years to come,” he said.
But Big Oil is demonstrating that technology can help overcome these obstacles.
Chevron made the Anchor discovery in the Paleogene geologic strata in 2015, but its 440 million barrels were located six miles under the seabed at ultra-high pressure and temperatures. After years of working with industry suppliers to safely access the oil, Chevron began producing Anchor’s oil in August at pressures of up to 20,000 pounds per square inch, among the highest in the world and equivalent to an elephant standing on a quarter.
BP has discovered about 10 billion barrels of resources in the Paleogene and will begin producing from it through its Kaskida project in 2029.
The Gulf is “a key strategic region for BP” due to its high volumes and low costs, Andy Krieger, senior vice president for the Gulf of America and Canada, said in response to questions.
“That’s a big reason why we’ve made significant investments in this region for many years,” he said, “and why we fully intend to keep investing there, in a disciplined way, for many more.”
Platinum and silver are rocking.
Analysts from across the spectrum are coming up with reasons why there are sudden spikes.
Here’s the bottom line. Both metals are just playing catch up to gold. Eventually, something has to give and if gold is not falling back, these two metals will naturally begin to move higher. It was just a matter of time, but timing it was the tricky part. Gold’s been elevated for 3 years and it’s essentially been a waiting game.
But the move in silver and platinum are real and perhaps we’ll see $40 silver and $1,400 Platinum soon. Perhaps sooner than later!
It’s about time.
Yes, I know you prefer gold over silver. The ratios will come into balance eventually and since silver seems to be holding for several days now, this could be the time. Gold and silver have always been “real” money.
Over the long term, gold does what it’s supposed to do. I can’t say the same thing about silver, which is why I prefer gold over everything else.
Stone, any thoughts on the riots? Civil unrest spreading to other Democrat cities etc? Trump testing what and how he can use the military?
It’s a great way for Alex Jones followers to support the overturning of posse comitatus.
What better way to get the US military on the streets of our towns than by having MAGA fans themselves supporting the military state?
The Democrats are acting like babies and Trump’s answer is deploying the Marines.
Agreed! Here is an excerpt from today. Donald Trump is set to deploy ICE tactical units to five Democrat-run cities amid the riots in Los Angeles as Gavin Newsom nearly broke into tears while blaming his administration for inciting the California chaos.
The military-style units are set to storm New York City, Seattle, Chicago, Philadelphia and northern Virginia, MSNBC reported. Four of those five are heavily blue cities, while northern Virginia contains the Democrat enclave of Alexandria.
Silver tends to play catch up to gold. When gold rises silver starts to rise later but it has never matched the price of gold. Silver is the poor man’s gold. When the masses wake up to inflation then silver rallies. Platinum is more rare than gold but is used more for industrial purposes so it behaves more like an industrial commodity. When the industrial economy sucks then platinum prices tend to lag. Historically platinum was more expensive than gold, but we are living in interesting times where historical precedence is broken so platinum is only a third of the price of gold. I think platinum is also playing catch up.
One of the main lessons I learned from the Great Virus Hoax / Fake Pandemic was that “this too will end”. Nobody can predict the future, and those making trying will only expose themselves as fools when it doesn’t happen.
One needs to focus on the day to day. Even Jesus Christ did not know the exact time of his return.
However, things are getting more chaotic as time goes by.
Matthew 24, And Jesus answered and said unto them, Take heed that no man deceive you.
For many shall come in my name, saying, I am Christ; and shall deceive many.
And ye shall hear of wars and rumours of wars: see that ye be not troubled: for all these things must come to pass, but the end is not yet.
For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
All these are the beginning of sorrows.
Nations is the word for ethnos as in racial upheaval. The birth pangs are under way and will intensify right up to the birth, as it were!
I live in coastal British Columbia and see variance in composition of the populace depending on where I travel. In the bigger cities it is more multi-culti and especially in Vancouver it is a disaster in parts of the city. The fentanyl problem is making thing much worse. Will the retard liberals do anything about it? No. It seems nonsensical until one starts to get a grasp of what is going on in the background and that it is intentional – – a hidden hand – and then it makes much more sense.
What I would like to hear from others on this site, is where on the continent would be the best places to dwell while all this is going on. I have an overall idea and will avoid the large urban centres like Philadephia or Los Angeles. SOme cities like Calgary in Alberta do not seem as bad as say Vancouver or Toronto (Moronto??) and in general the more rural homogenous areas are clearly the preference. Any intel from those in the various parts of the continent as fall back options should where I currently live suddenly turn into a multi culti “minority majority” – meaning Caucasians not in the majority? It’s fairly good here other than having utterly retarded national and provincial governments but the land is productive, the water and air are good and except in the big cities, it is like the old settler Canada. As for the socalled Indians, well their ancestors did arrive prior to mine but they lived like savages until the contact period when the European settlers raised aspects of their standard of living. I see idiotic rewrites of history saying how marvellous it all was prior to the contact with the white man. Reality is that the Indians are NOT giving up their iPads or F350 Lariat diesel trucks. They have adapted but are in the main, welfare cases with a few exceptions. Them aside since they stick to themselves, where would be some fall back places to live should where I live become inflamed and caught up in the soon to be fought civil wars that are starting already in the US?
Attached is an article as to where Canada is headed – back to feudalism at least for now
https://nationalpost.com/opinion/joel-kotkin-carneys-canada-will-devolve-into-feudalism
Stone and others on here have stated it’s not soo much where, but who you are around that matters. If your black, hispanic or asian stay in the big cities, if your white find self sustaining property in the country with lots of farmland, and lakes.
Find a place were Amazon doesn’t deliver. This will be as good as it gets.
It’s already starting with the riots in LA and there is defiance against the Feds in other blue states as well. These riots are perpetrated from up top but most of the participants are illegal migrants.
I suspect the Civil War will start with the leftist as they are more violent and irrational.
Not long ago there was a movie titled “Civil War” .
In addition the movie “ Leaving the World Behind” on Netflix ended with a Civil War. The USA is starting to break up and break down. Of course there is the war between Trump and Musk. If they don’t make peace, I believe Musk will support the Democrats in 2026 and the Liberals will love Tesla again.
These mongrels that are in the USA will take one side against the Caucasian Americans in this new Civil War. When we are battling the illegals and colored people that’s when the Russians and Chinese troops come in. In fact the Chinese are already here after they snuck in the southern border during the last 4 years. Those Chinese are the fifth column of the enemy.
This is great news. Things are coming soon.
China and Russia love to camouflage their true intensions with words like “multipolar”, etc. Yeah, these white men have given up. As for the spics, yes, their shape is perplexing but compared with a large percentage of niggers like in Baltimore, I say it could be worse.
These articles are great. Keep them coming. Can you do a live broadcast in YouTube like Rollo Tomassi and talk about these topics? This type of stuff suit you well. The last time you did these videos were great. Haters are to be expected.
The writing is on the wall, as it says! I sometimes bemoan the on going calamity to my wife and she says, well you should be happy it’s almost over! That is correct on one hand and on the other, it’s not that easy. For the people of YHVH who study this almost constantly, it can be draining for sure.
Now I’m looking into a July 4 2025 bio war fare exercise. We will see.
It should not be that draining. It is inevitable. Just imagine you been that nigger loving white. I say you better off. Do the best you can.
BTW, I was just in Tokyo, and the population is mostly homogeneous but I was horrified when I was in the train and saw a mongolized Muslim semi-japanese broad with 5 nigger looking kids. Compared to one single japanese family who generally only have one kid or live with pets. Crazy, stuff. I do notice this is also pushed in Japan but not as much in China. I figure it has to do with China needing to be unified when it attacks compared to Japan a current anti-communist ally to the USA.
I also notice that Russians are everywhere in these allies countries in Asia, infiltrating. Crazy stuff. At any rate, we shall rejoice with joy.