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Reuters reports that according to Canal authority officials, the Iranian ironclads are now in the Mediterranean. Priced in. BTFD.
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Good for them! As soon as they reach port they can call Merrill and BTFD
Apparently, the navy needs some target practice.
Wonder if we boarded their ships and inspected the cargo as mentioned in DEBKA article?
Even more interesting. Looks like the 4 Americans on that hijacked yacht were killed by their Somali kidnappers.
Which is a pretty good excuse for a show of naval strength in the area?
You mean more than is already there? It's a sad outcome, but short of carpet-bombing the Somali coast and sinking every small vessel that ventures from that shore, what do you want? Come to think of it...not such a bad idea, huh?
It would probably be easier to sink all American yachts capable of sailing to Somalia. Hell you could pass a law, and get them to do it themselves. Then they would build more, and kickstart the economy!
The question I have is why the f**k would Americans even BE in a yacht anywhere within 1500 miles of Somalia??? Some really clueless Americans out there...
Intelligence seems to be in short supply, worldwide!
There is something seriously wrong with this story. Why would Somalian kidnappers be operating off the coast of Oman?
Why would they shoot the hostages unless a rescue attempt had been made?
Bingo. Team Shiite shoots the 4 point play.
Maybe Somali Pirates really hate bibles.
Yes, the story does have a certain smell to it, doesn't it? Botched rescue attempt is a more likely scenario.
Just because people have been expecting for a year or two, the perfect moment, when the situation could change from diplomactic-dilly-dally to "justifiable force", doesn't mean this is fishy...
Yes, I am holding my nose...So what? ;)
TPTB are just looking for their own Gulf of Tonkin event so that they can set of the real fireworks
Isn't it nice of Iran to play along? Always knew they were just puppets.
Or USS Liberty moment.
I heard on the news that a rescue attempt was made and the kidnappers shot the hostages. This is coming from Centcom so not sure how true it is. We all remember Jessica Lynch and Pat Tillman, right?
Yeh Jessica Lynch, she fought like a tiger against those evil Iraqi soldiers to she had no more bullets left. and Pat, oh Pat was killed by friendly fire, they finally admitted but they left out the part that he was shot by someone with the gun barrel no more than a foot away from his head.
Pat Tillman died of friendly fire. http://www.counterpunch.org/goff08102007.html
His death was originally covered up by the military brass, but he wasn't assasinated.
Of course not, he was just a celebrity who was writing home that the war was wrong and he would come home and expose it... No reason to assassinate someone - A simple mistake - A taliban fighter and a US soldier look very similar from 1 foot away...
A whole new conspiracy theory - thanks, that makes my day.
Mind you, the idea that Pat Tillman arrived in Afghanstan and decided that fighting the Taliban was a mistake is a bit of a reach. You need to come up with a plausible reason for him to be opposing the war so suddenly (and so early...check the dates).
Stan Goff, the author of the linked article, is a multi year Special Forces vet who debunks the notion that Tillman was killed deliberately. There were no shots from 1 foot away. Read the article.
!Why would Somalian kidnappers be operating off the coast of Oman?! two reasons:
Like the bank robbers rob banks because it's where the money is, sailors know to stay well away from Somalia so the pirates have to go further afield. The Yemen and Oman coast is the furthest away from Somalia when coming from/going to the Suez canal.
The Somalians look on this as a business and based on their previous successes have invested in "mother ships" so they can go further. Most navies rules of conduct require them to be caught with weapons so they just dump them overboard if needed.
If I were a wealthy person yachting in the area, I'd be looking to acquire some autmatic weapons and a healthy supply of javelin missiles, which after the corruption of the Iraq debacle, are probably readily available.
Then if any would be pirates come within striking range, you remove them from the planet.
it was a retaliation for http://www.hurriyet.com.tr/english/world/11421409.asp?scr=1
Yep, check out the Russians, they cuff all the pirates to their own boat then blow it out of the water.
http://www.youtube.com/watch?v=oTrkcQJ9i2I
A minute or two on a .50 cal would take care of a few pirates.
Cant they send in ships to bait them out to sea and then blow the shit out of them?
Some nice looking yachts, unassuming and well armed.
This is the Obama Aministration we've got now, understand?
Barry the Bodhisatva, the Enlightened One, Ommmmmmm......
BTW- remember the shooting of the Somalis holding the tanker captain ~2 years ago? The WH was pissed that the on-scene commander did that.
I viewed a recent video showing the Russian Navy 'taking' a pirate ship. The subtitles said that the commander of the Navy vessel on the scene has total jurisdiction of the prisoners and their fate. The Russian commander had all their hands secured to the rail around the boat (I'm guessing there were 50+) and then blew up the boat and sank it...it was painful t watch, but obviously those guys won't be committing any more act of piracy. Geneva codes say that guerillas can be executed summarily...wonder what it says about pirates. Why did we kill two pirates who were on the 'yacht' and take the rest prisoner? So we can spend taxpayers dollars to fly them back to the U.S., spend more taxpayer dollars to try them in court and then more taxpayer dollars to put them in jail or execute them? I say do what the Russians did.
+ multiple .50 cals...
http://www.youtube.com/watch?v=oTrkcQJ9i2I
deleted
Over/Under on how long before they enter Israeli territorial waters and are sunk? Given the instability/popular revolts in the area and the Ayatollah's trouble at home my estimate would be 7 days.
Over/under on how long before ZH stops hyperventilating over this non-event?
Hopefully they have better luck than USS Liberty http://en.wikipedia.org/wiki/USS_Liberty_incident
If the Israelis can shoot at their 'allies' imagine what would they do to their enemies
Never forget!
Never again!
http://www.gtr5.com/
Just a coincidences that it was "Liberty".
V- There are no coincidences, Delia... only the illusion of coincidence. ...
Another GREEN SHOOT.
Only if the Israelis clean up the oil spilled from the 2 Iranian ships and dispose of the hulls in an environmentally-sensitive way.
Maybe they'll defect to Malta.
Some Libyan ships just did it.
They sure won't be defecting to Libya.
Just heard reports some Libyan ship(s) have been seen close to Malta, myabe more defectors? there have been lots of diplomats defect over the last 24 hours.
I can't wait until the various tariffs and tolls must be paid in Gold.
Gold, the other money.
It's what's for dinner
Woulda thought you'd be pushing for silver.
Silver for the automobile toll booths, Gold for the Suez Canal toll booths.
Hey, you DO have a plan.
I think I like it, assuming I can get my sweaty little hands on the odd shiny bit of silver for travelling in my trusty HumVee.
Oil is gapping down?!? o_O
Gapping down, of course. Oil has been under price suppression in the Comex for a month. Every day like clockwork, it gets banged down at mid day.
Welcome to the WTI price suppression scheme.
Silver is sliding hard also. WTF?
Meh, expiry tomorrow. Blythe Masters and her minions continuously trying to take silver down.
Seriously, look at the overnight graph. Time, and time, and time again has the EE attacked. Someone is desperate. Very desperate. The COT report is even compiled on basis of todays trading, which will no doubt show heavy accumulation of commercial shorts.
Not that the SEC will find anything wrong with that, of course. After all, "JPM, as a market maker, have a duty to serve the market". Of course, that ignores silver would be that much higher had JPM not "served" the buyers so magnificantly.
Silver might be sliding on the Comex but my dealer is still buying them for 34.47 and selling for 37.05
http://www.bullioncoinsandbars.com/products-silver-coins.htm
Buy the rumor, sell the news.
Buy the rumor, sell the news.
What goes up must come down. What goes in must come out (one way or another).
What goes away must return?
Maybe not. There is a post-visit return passage to think of too.
Unless they are planning on going around on the return.
ORI
http://aadivaahan.wordpress.com/2011/02/21/through-a-lens-darkly/
it's the beginning of a new era, the persians will start controlling the Mediterranean Sea
It doesn't seem anyone else wants the job.
best to frontrun depression
beware the f*cking depression
bounce the fed demons
brewing the fastest depression
best to f*ck decency
they are headed to the New York ready to invade America - Joe Lieberman
That would be just crazy great if it was true.
Beware of Roaring Mice! Is it just me, or is the World still spinning on its axis after these ships made it to open water again?
I BTFD right between case shiller and consumer conf.
Silver contracts doing the moonwalk.
Thats the only dip I'm buying
I'm going cross eyed with backwardation.
Local coin shop is down to only 150 ounces of silver left. Willing to part with it for $5,119.50. I gots to go gets me some of the linen from the fractional reserve thieves and I am a buyer, yet again.
Considering silver is up over 10% in the last few days I dont see how -2% constitutes a big fall.
+ mucha plata
Just a normal slide down. Big deal. Blythe might not even be involved...
As expected, much ado about nothing.
Only Israelies, Zionists, American Media and ultra-right-wing religious nuts in America believe the world revolves around Israel. The rest of us have heard the cry of wolf from them way too much.
You are now free to junk away.
but what's on the supply vessel on its way to Lebanon? Sink that ship! If Iran bitches about, too fucking bad!
hope whatevers on it is nuclear in nature....if isreal was turned back to dust, what would the harm be?
peace in the mid east?
i cant come up with a bad outcome if israel was just gone
what do they supply the world of any value that would be missed?
Well, if there were no Israelis to be the common enemy of the Shi'ites and the Sunnis. Then there would be major civil strife, kind of like now but only times 10.
Parasitic joo are the enemies of the entire world! There's a reason they've been the most hated people in the history of the planet.
IDF babes? I'd go to war for that alone.
The late Joe Vialls had a theory or two regarding the future of "that shitty little country".
http://web.archive.org/web/20080411230939rn_1/www.vialls.com/myahudi/sunburn.html
I would've expected gold to show some enthusiasm - no, pretty laggard.
Safe haven? Anyone? Anyone? Bueller?
Gold didn't need to be a safe haven because most folks figured this was nothing but smoke anyway.
I'm doing a DUST intraday play today, just had a feeling.
Nothing to worry about though, I still expect my physical PM's to continue to rise over the long term.
Hmm, two old ships: a frigate and a supply ship.
Shades of Enola Gay?
Hey, good point.
A supply ship? Like a supply ship with...containerized cargo?
Like ... containers from which you could remove the top, jack up the scud, and do a vertical launch like the ones they've practiced?
A vertical launch like ... for an EMD attack?
And a frigate to protect it?
Nah. Probably just a shipment of Persian MREs ( shashlik, ghormeh sabzi, self-heating, 1200 calories. ) for their friends in ... um .. Beirut. or something.
Fed delenda est.
"Fed delenda est."
I like that.
Easy to believe the BTFD bounce.
Wonder how far they ramp stocks today.
Quint Tatro must be sitting at his terminal, his mouth agape.
http://www.tickerville.com/2011/02/20/middle-east-action/
I see you have found a new person to catfish mouth. I would say badmouth, but your credibility is so far gone that literally no-one pays any attention to what you say. Much like they don't try to read into the gaping of a catfish's mouth.
That cargo ship will have a missle sticking in the side of it,... or what's left of it, before it gets to Syria, and everyone knows it. It's just a question of time.
Which missile are you referring to? The one pointing in or the one pointing out?
Sinking an unarmed ship full of cadets, doesn't sound like a smart PR move.
more likely a torpedo from a sub built in Germany . Generates a tad more plausible deniability , not much though
wtf this is a story that aint a story. who actually gives a fuck?
Silver down 3.5%. Any news or general shorting?
Cartel shorts throwing everything on the fire to keep from getting burned alive. Just my guess though.
Not sure. I think it started falling the moment ECB said it will raise rates. So got to be more fundamental than that. If it is linked to rates, it may just have put the top here as all of Silver run is being driven by perception that China is buying. Right?
True. The main idea is that China is buying silver, taking physical delivery and even buying GLD and SLV to take physical delivery.
Who knows anymore. It seems we're all fed these stories to try to outguess the big boyz so we never know which way to go. I'm ready to make a decent return on anything I've got going right now, then buy a ranch in the mountains, never read about any of this stuff anymore and disappear hiking, chopping wood, and just messing around. But, until then, here I sit trying to outguess the game owners. Kinda pathetic now that I think about it.
Fuck, I bought last night (33.90) .... this sucks ass. Give it a couple of weeks and I'm pretty sure it will recover.
Never buy anything that is moving parabolic to the upside. Wait for it to either pull back or level off, since it will do one of the two.
Well its still 33.20, big deal.
True, but that's after bouncing off of 32.48.
If you are not a trader, price does not matter (much anyway).
Just buy. Don't even need a dip.
...
The Bearing is officially re-thinking his no more gold buying idea.
http://www.haaretz.com/news/diplomacy-defense/israel-deeply-appreciates-...
Let's see, the "good guys," aka global vigilantes vetoed the illegality of continuing Israeli settlement in Gaza 1-14 in the UN Security Council, huh 1-14. Israel really appreciates it. I feel sorry for any lawyer or person who believes in the law. The US is behind, was behind, and will do whatever it takes to stay behind, corrupt leadership in the Africa/Middle East to preserve the "balance of power" in their/our favor. (It is difficult to say "our favor" because the USA is far from a nation for people, by people, with liberty and all that other crap anymore. It is quite obvious who is in charge and they don't give a F***.)
Quite ironic in fact that the Arab nations are fighting the US supported dictators for freedom while the USA is saving the economy through the socialization of everything. Long live the world's greatest democracy!
Kind of makes me feel shi%%y about leaving that cushy, lazy, boring bank job but at the same time helping people is more important than leeching off society.
Gold, guns, and freedom for all people. Death to religion as a means to control the masses and the governments that it supports. There is truly a new awakening or enlightenment at hand and the trickle-up-down-around effect will be felt every where.
The truth is that war is on the horizon. There will be a great power grab and we'll see what happens. Russia and China are patiently waiting for the USA to make yet another mind-numbing mistake. We all have problems but the US is in a race to the bottom while other powers can stand to wait a bit. What will the reset really be like? This goes well beyond economics, although it is a telling side of the tale. Diversification applies to more than assets.
Rant over. out.
Comrade President Obama is a skilled naval strategist.
Snorkeling in a bathtub, maybe.
+ 1
LOL from me!
1 anti-junk!
You mis-spelled navel there...
I don't see this ending well. I suspect those boats will be boarded for inspection, or sunk. Take your pick.
As for the pirates, they should have an immediate military tribunal on the navy boat, then they should all walk the plank with bound wrists.
It's very telling the title of this article or blog:
"Iranian Warships Have Crossed Suez Canal"
Wonder if Tyler/ZH calls American aircraft carriers and destroyers that sail around the world as "Warships"?
Don't get why people are caught on to something irrelevant like this. They have a Navy and surprise their ships drive around in nearby area. People are scared as if it were a country that stations its air craft carriers on the other side of the globe. Of course such a thing would be absurd - oh wait ...