Persian Light Sweet...

So obviously, by now you would have heard through the normal media (lol), that the IRGC has fallen. Has literally been physically removed from a large number though still not yet all, governments buildings throughout Iran.

No?

Never mind.

When it comes to assessing the state of the markets, the Stock and Interest Rate Markets, it is critical to understand that cost inflation (which is caused by production inputs) is different from domestic price inflation (which is caused by currency devaluation).

If a rich person says to 
you 'come and see 
my Cazanove 
Stradivarius'
then they are
probably talking
about one of the best
Champagnes in the world.
 

The US national economy functions as the world's leading national economy, through having the globally greatest access to energy at the lowest cost.

When we look at what 'might' happen going forward in Iran, we must consider the value to the US of owning all or most of the oil resources of Iran.

And when we consider that as a prize, then we can see the problematic nature of Volodymyr Zelenskyy trying to monopolize the time of the Washington Administration. 

That is, he has no role at all in distracting people's attention away from the prize of Persian Light Sweet Crude.

What is going to happen is that between Russia, Israel, and the United States, they will carve up Iran oil reserves for themselves and the EU and France and the UK which all have been backing the Ayatollah Regime behind the scenes, and also driving the Ukraine War -, will be kicked to the curb.

The end result will be that production cost inputs will stabilize the US currency as a global reserve, on the downside for the next several years, making the chance of any kind of Stock Market Plunge next to zero, but also driving more and more monetary expansion thereby driving up further, domestic price inflation.

Investment dollar demand coming from rebuilding programs in the Ukraine once Zelenskyy is ousted - and he will be, one way or another (!) -, and in parts of expanded Israel Territory, and very significantly and substantially in Iran, will force wholesale interest rates to the upside in terms of likely trend-lines.

Persian Raw Crude is the best in the world - the charts show it as somewhere in the middle in terms of comparative quality but it is right at the far end of the 'best.' One thing the charts don't show you is that it is plentiful - whereas Malaysia Tapis is not that plentiful.

And, under the regime of sanctions in recent years the gradings have been artificially brought down. In fact, Persian Crude has the lowest natural impurities, the lowest acidity, and has the specific gravity numbers which makes it both the easiest (and cheapest) to refine as well as the best type of refined product (gasoline) for your car's engine performance and its longevity.

Bardot was a trained
ballerina, when
Roger Vadim
'discovered' her.

So really, what you can adduce from seeing the powerful inducement for Israel and the USA to wrest control away from the Ayatollah and his shipped-in thugs (who have in any case recently been largely obliterated by Israel acting in Lebanon and also Al-Jolani in Syria) - is that things are certainly 'likely to be' going on behind the scenes which the standard media has literally no access to knowing about and no interest to tell you about anyway.

Russia is part of the power troika outside the Middle East but acting inside the ME, and is literally a partner with the United States here, taking the role of supplying the kind of oil refining technology that can pick up the lower grades (they have that kind of technology which is quite different to Western carbon-cracking plants -, the US does not) while the US companies take the higher grades. Even Turkey uses Russian refining technology and technicians and engineers.

The Kingdom of Saudi Arabia has as much investment in the West - no, much more accumulated over many decades now - as it has inside its own borders and Middle Eastern 'sphere-of-influence' (think Yemen specifically), that again, it is a strong partner of the United States.

The 'Christmas-New Year' mental vacuum phase means that what 'markets' are doing during that time simply bears little to exactly no resemblance to what the underlying pressures and conditions actually are and should look like if they were being reflected in the numbers presented by the media.

'The media' is basically a sick joke now.

The fundamental inflation outlook has not only not changed, but it has probably moved to the upside trend-line again more appreciably because of the powerful new investment conditions which will cause a huge surge in demand for currency.

Jane Fonda was a trained
ballet dancer when
Roger Vadim 'discovered' her.
I could go on (Cindy Pickett, Deneuve,
others),
but you get the 
pattern here.

What does that mean for Gold and Silver?

Well, I'm not sure the Elves and Fairies need more flowers but I will have to shortly be offering them thank you gifts of something anyway.

I probably will actually leave a bouquet down at the base of a tree in a common area around here and the neighbors will not see me doing it and they will all be thinking 'What the heck is that there for? Did someone die at the tree or something??'

Look, some things die because well, they are mortal in the first place and they die. And other things appear to have died and that's just to not disturb the misery and depressed normal state of mind of mortals, who would all want to 'ascend in chariots of fire' if they knew even just a few people could do that! Like, I mean on purpose and that instead of having to be 'abducted' like the typical dumb blonde.

And, it's not a good idea for all humans to do anything truly important or be involved in anything truly important because for sure they would * it up or conspire secretly to wreak havoc and steal things and try and take over where they are actually not wanted or needed.