/qrb/ - QResearch Bunker

>>141291, >>141292

had it

kek

JPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian Cut

Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts warned.

The Group of Seven nations are hammering out a complicated mechanism to cap the price fetched by Russian oil in a bid to tighten the screws on Vladimir Putin’s war machine in Ukraine. But given Moscow’s robust fiscal position, the nation can afford to slash daily crude production by 5 million barrels without excessively damaging the economy, JPMorgan analysts including Natasha Kaneva wrote in a note to clients.

For much of the rest of the world, however, the results could be disastrous. A 3 million-barrel cut to daily supplies would push benchmark London crude prices to $190, while the worst-case scenario of 5 million could mean “stratospheric” $380 crude, the analysts wrote.

“The most obvious and likely risk with a price cap is that Russia might chose not to participate and instead retaliate by reducing exports,” the analysts wrote. “It is likely that the government could retaliate by cutting output as a way to inflict pain on the West. The tightness of the global oil market is on Russia’s side.”

https://www.bnnbloomberg.ca/jpmorgan-sees-stratospheric-380-oil-on-worst-case-russian-cut-1.1786803

picrel on 042020

And if I had muh hand on the magic button I could put it there just as easily as when it got to -$40...this is with ALL mkts it can be done that easily..don't forget that going forward

SAM402 USAF G5 on ground at Teterboro Airport, NJ departed JBA -yesterday this AC departed Ft.Knox, KY as SAM332 after arriving on 0628 >>140912 pb -Tuesday and then went to MacDill AFB for about 80 minutes

SAM322 concluded it's flight(s) yesterday under that callsign with these stops-MacDill AFB, Warsaw Int'l, Rzesow Airport, Stuttgart (AFRICOM), Bangor, ME (fuel stop), Ft. Knox and then MacDill AFB-wish I could tell you who was on that but certainly high level AC and stops for this one over the last 5 days as SAM322 and since it kept the same callsign it most likely had the same occupants (or most of them) for the entire time

'''Considering that it was at Rzesow Airport prior to Zelensky's video meeting with NATO, Stuttgart prior to those three AC's that arrived yesterday and left today (SAM400-Lloyd Austin, SPAR87 NATO Chief Stoltenberg, and SAM413-State Dept AC >>141211 chances are pretty high that whoever the passengers on this AC are/were pretty high up the Military food chain witht he stop at Ft. Knox being the eye-opener on all of them (when combined as as an entire flight plan)

Not low-level stops at all-any of them Rzesow and Ft. Knox and the front end to MacDill (CENTCOM) and then last stop at same

Itinerary for SAM322: >>140906, >>140766, >>140776, >>140793 pb

Last Sunday it arrived at Warsaw from an overnight at MacDill (departed JBA on 0625)-it then went to Rzesow for 5 hours on Monday 0627 then to Ramstein where it had some company in the form of a high-level Hungarian AF VIP Falcon 7x and then the SAM went to Stuttgart Int'l at the same time that the Hungarian AF left and returned to it's home base of Kecskemet AB.

The next day 0628 it left Stuttgart Int'l had a stop at Bangor, ME >>140906 pb and then arrived at Ft. Knox, KY >>140912 pb where it departed from yesterday to go to MacDill AFB for about 80 minutes then back to JBA

SAM290 USAF G5 (displays as tail #18-1947) reappeared heading NW and back at JBA and it went to Bridgetown, Barbados yesterday

Barbados officially became a Republic on Nov 30th, 2021 as it cut ties with the UK

Looks like the IMF trying to get it's hooks in there as well

from June 17th

Barbados, IMF relations ‘very productive’

https://www.entornointeligente.com/barbados-imf-relations-very-productive/

noice

>>141308

SAM402 USAF G5 back at JBA after it's Teterboro, NJ ground stop of a little less than 40 minutes

Central Bank Liquidity Swap Operations-NYFRB with the European Central Bank: $346,500,000

https://www.newyorkfed.org/markets/desk-operations/central-bank-liquidity-swap-operations

I don't think this was there yesterday but not 100% certain as I did do the Operations post here >>141181 pb NYFRB Operations for June 30th-Another Record high: $2,379,486,000,000 and some "Dual Mandate" justification articles-since they think they can do that..it sounds good but impossible

It wouldn't be the first time that they did something during the week and then reported it on a friday-same with an Operation done on the day after Memorial Day (Op done on Tuesday May 31st and not reported until after hours that Friday, June 3rd >>137292 pb see under Central Bank Liquidity Swaps in that post

Proof that the stuff on Reverse Repos is getting out there and being noticed

Reverse Repos Hit a New Record High of $2.33 Trillion

https://mishtalk.com/economics/reverse-repos-hit-a-new-record-high-of-2-33-trillion-plus-a-q-a-on-free-money

This author is a never-Trumper and I used to occasionally read this several years ago but they began being political so just din't any moar-plus he's a straight up egocentric douchebag from what I remember of the comment section.

This misses the rest of the stuff on Securities Lending and the MBS Ops that make it bigger (it's about the one from yesterday see that here >>141181 pb ) and doesn't make the Yen connection either but the point is that it's getting out there and even the die-hard Dems are starting to notice this is going on.

A hearty Welcome Newfag!!...kek

>>141323

TS

you asking about next door?

>>141324

TS sicne I can't see dhat

already noes what next door looks like-brief peak earlier

>>141327

figured that but had ta ask

at least it's a three day weekend

We get a free show (fireworks) from the porch-see two locations from here-if you go up a hill behind me-obviously not doing that this year- you can see a total of 6-7 if weather cooperates

>>141328

@joshscott

·

2h

Ambassador Ric @grenell Statement on California Primary Election Delays

sup

hangin yo

SAM433 USAF G5 departed Los Angeles Int'l Airport and on descent for JBA

I do not have arrival data for LAX (in ADS-B) nor any information in muh notes on it's arrival at LAX either-must have sneaked that one in switched off as it's either scrubbed or just 'missing' and it's last activity shows it arrived at JBA on 0626 from Hickam but has no trip west at all-and kneepads arrived at LAX last night from San Francisco Int'l >>141187 lb

This is top 5 in the 99th Airlift Squad G5 for VIP transports

BLKWF14 USAF E-11A BACN GLEX departed Martin State Airport after arriving from Wichita-Eisenhower Airport (Bombardier has maintenance facility at Eisenhower Airport Cessna ) and heading for Al Dhafra AB at Dhabi-these are based there

In April the AF took delivery of the third (of 6) new E-11As-think of these as aerial WiFi platforms that allow all the ACs with the various legacy and new comms systems to communicate with each other-this AC manages that process-see cap #3

Under 2021 Contract, U.S. Air Force Buys 3rd New BACN-Equipped E-11A

https://www.defensedaily.com/under-2021-contract-u-s-air-force-buys-3rd-new-bacn-equipped-e-11a/air-force/

The one in the article picture is an older version of these as the above example that is heading NE-the newer ones don't have the larger bulky appendages on the fuselage and are much moar integrated-see cap #4

BACN = Battlefield Airbone Communications N'ode

Bombardier E-11A is the military variant of the civil Bombardier BD-700 Global Express for use as overhead communications-relay platform in southwest Asia. The BD-700 was selected due to its high service ceiling, up to 51,000 ft and up to 12 hours flight duration. Initially aircraft was designated as RC-700 under the reconnaissance classification but later was re-designated as the E-11A under the special electronics installations category. The E-11A is a U.S. Air Force aircraft that provides unparalleled communications capabilities to forces on the ground and aircraft in the air. Commonly known as Battlefield Airborne Communications Node, or BACN, this aircraft extends the range of communications channels and enables better communication among units. This element is essential where the terrain may disrupt communications channels and it enables ground forces to know what is around them when something is not in their line of sight.

https://worldofaviation.net/bombardier-e-11a-bacn/

>>141332

>"Californians do not have faith that Sacramento officials understand this outrage"

Yeah that would be an understatement-I bet they just threw mine away.

""The people no longer trust FIFY never trusted the complicit media..."

Keep chipping away Richard they will eventually be unable to ignore it

o7

>>141334

nice

howza

>>141338

mostly guud

long day here

kek

you?

>>141338

took a min to find

so much strange

>>141340

>so much strange

sounds like fun

so Q be back n sheit

>>141341

seems so

not sure why but ok

I think there is great distrust next door

Berkshire Hathaway buys 9.9 mln more Occidental shares, has 17.4% stake

Warren Buffett's Berkshire Hathaway Inc (BRKa.N) said it has bought another 9.9 million shares of Occidental Petroleum Corp (OXY.N), giving it a 17.4% stake in the oil company.

Berkshire paid about $582 million for the shares, which it bought between Wednesday and Friday, according to a Friday night filing with the U.S. Securities and Exchange Commission. Buffett's company is Occidental's largest shareholder, now owning 163.4 million shares worth about $9.9 billion. Its stake is about 60% larger than that of Vanguard, the next largest shareholder, according to Refinitiv data. Berkshire also owns warrants to buy another 83.9 million Occidental shares for $5 billion. Occidental's share price has more than doubled this year, benefiting from Berkshire's purchases as well as rising oil prices following Russia's invasion of Ukraine. The Berkshire investment has prompted market speculation that Buffett's Omaha, Nebraska-based conglomerate might eventually buy all of Occidental. In a June 23 research report, Truist Securities analyst Neal Dingmann saw a "good chance" of a Berkshire takeover once Occidental became an investment-grade credit, saying a purchase would help diversify Berkshire's energy portfolio. Occidental has been reducing debt, which swelled when it bought Anadarko Petroleum Corp for $35.7 billion in 2019.

Berkshire bought $10 billion of Occidental preferred stock to help finance that purchase, and obtained the warrants at that time.It also had a $25.9 billion stake in oil company Chevron Corp (CVX.N) at the end of March. Berkshire's share price has fallen 8% this year, compared with a 20% decline in the Standard & Poor's 500 (.SPX). Buffett's company owns dozens of businesses, including the BNSF railroad, Geico car insurer and its namesake energy business, as well as stocks including Apple Inc (AAPL.O) and Bank of America Corp (BAC.N).

https://www.reuters.com/markets/europe/berkshire-hathaway-buys-99-mln-more-occidental-shares-has-174-stake-2022-07-02/

Hear me out on this...a theory that may have some basis in reality regarding Buffet's ownership of Bank of America Stock and he bought moar in July last year

Warren Buffet and Silver

You know I've been going over this in muh head that since Uncle Warren bought all that BofA Stock (and you really would have to question why since it was the depository for Country-Wide Mortgages and Merrill Lynch in Jan 2008 for Country-"fried" and Sept. 2008-three days after the biggest electronic bank run in the money-market system ever) and both of these places were over-leveraged piles of shit so he has to know they are sitting there eating away at it's EPS on almost a daily basis (plus they've bought back $2.65B on it's own shares in the first Q of 2022 alone with $7.53B last year(he knows/knew that too) and he din't buy it just for the dividend imo-way other places to put money with a much smaller risk profile https://ycharts.com/companies/BAC/stock_buyback

That obviously helps however consider the following...and they will likely announce an additional one soon becasue it "passed" the stress test.

He totally knows this "uncle" Warren may be a crony capitalist but he is not stupid or ill-informed...he bought an additional $2.1B of Bank of America stock in July of 2021 and he also was well aware of the Silver Lease agreements that were being executed with JP Morgan as it wasn't public at the time but he had to have known that-so we've had the question for a bit of time when that information was made public-the lease deal between BofA and JP Morgan-a little moar on that here: >>141240 and the change in how the entire Precious Metals Derivatives are classified-bring Gold back to the Precious Metals area (where they always should have been) and that was actually announced over 2 years ago.

>That whole Silver lease shit with JP Morgue and BofA gonna have an end game cause I really don't think they (Morgue) wanted to put any of that in jeopardy-and that is pretty much what they did by doing that (tying it to a lease arrangement)

So knowing that Uncle Warren has bought a big supply of physical silver in the past and also sold it for a nice profit of $97m see here

Warren Buffett bought 3,500 tons of silver in 1997. The purchase helped make Thomas Kaplan a billionaire.

https://markets.businessinsider.com/news/stocks/warren-buffett-bought-3500-tons-silver-made-thomas-kaplan-billionaire-2020-5-1029228443

Someone is on the end of those short term leases of JP Morgans Silver Lease with Bank of America..I wonder if the change of the Derivative Classification has something to do with that as even though they do things well in advance becasue this is how the control system works (thinking is 50-100 time frames) they would have known in 2020 that JP Morgan was gonna get busted for rigging the Metals markets so in order for them to be "relieved" of the metals they basically stole from everyone by running the price of it up to and back down from $50 that culminated on the very day the UBL was "killed when they slammed Ag down $6 the very second that the news of that was announced.

I just wonder if the end game of removing all that Silver from The Morgue (about 1.2 B ozs) somehow involves using those leases (becasue all of them are/were short term at less than 1 year) and if they left the classification of Precious Metals Derivatives alone we would have seen Bank of America's decrease or rolls over to new ones in those..instead we have a mix up of Gold and Silver derivatives that make it impossible to see who is doing what -specifically if BoA were just rolling over again or actually having them transferred out somewhere to actually collect on all that physical Silver. This could be done via the LBMA but since that place is a veritable bastion of corruption and there is no way to actually see what is going on it may be that this could be happeneing. In NO way do I think that Uncle Warren (how he is portrayed) is a good guy but they made that change in the reporitng structure for a reason and that has completely hidden what is done with that arrangement with JP Morgan and B of A.

I've already said that I don't think JP Morgan would ever do this willingly and it wasn't the SEC or the CFTC that fined them for the the Metals manipulation it was the DOJ. So that is another clue-becasue it should have been the SEC ifrst and the CFTC second becasue all the rigging took place via the COMEX and Gary Gensler could see manipulation if it was placed in front of him with a roadmap to his ass

JPMorgan Chase & Co. Agrees To Pay $920 Million in Connection with Schemes to Defraud Precious Metals and U.S. Treasuries Markets

https://www.justice.gov/opa/pr/jpmorgan-chase-co-agrees-pay-920-million-connection-schemes-defraud-precious-metals-and-us

Mebby Uncle Warren is taking physical delivery of all of that and that was part of the side deal made when JP Morgan was busted for the Metals rigging cause I always thought that was too light for the actual crime they have committed-they made billions if not trillions and they paid $920B in "fines"

There is no way to prove any of this-especially now now but mebby Warren is playing a role here (a grey hat if you will) and taking that phyzz from them in a deal arranged by "our guys" or to put it better for the people's benefit.

He seems to be loaded up on quite a bit of other investments that could be easily handed over at some point and if given to the right people ala the good guys (for lack of a better term) many problems could be solved.

Food fer thought.

>>141195

>>141197

>>141277

#957

>>141209 Potato bails 'to Camp David' after the 'important stuff'- virtual meeting with Governors to discuss efforts to protect access to reproductive health care

>>141211 SAM400 USAF C-32A, SAM413 USAF C-40B and SPAR87 NATO G5 departed Stuttgart Int;l after arriving yesterday-No Nightwatch Austin, NATO Chief Stoltenberg, and that State Dept AC done at Stuttgart Int'l

>>141212, >>141219 Citadel Global Fixed income Cayman Island Private Fund and an explanation of what's going on with that-a skimming Op of retail trading flows being deposited in a Cayman Island Account

>>141222 trips confirm wut we knew yesterday GDPNow (Atlanta Fed) shows Economy shrank

>>141230, >>141256 SPAR23 USAF C-40B and Belgian AF BAF80 Falcon 7x inbound to CONUS-SPAR from Madrid Belgians from Brussels depart-SPAR23 stopped at JBA and west-Belgian AF at Wright-Pat and sw both fer about 50 minutes

>>141236, >>141237, >>141240 Muh AG below $20 on the first day of the new Qtr no less!

>>141243 @StephemM Destroying the Middle Class has always been their goal, they just think the low people in society would be successful

>>141244 “This is the Future of the Liberal World Order and We Have to Stand Firm” – Biden Advisor When Asked What He Would Tell Americans Who Can’t Afford High Gas Prices (VIDEO)

>>141245 "One Of The Worst Downturns In Recent History": Zuck Warns Facebook Employees To Brace For Layoffs

>>141259 Atlanta Fed Slashes Q2 GDP To -2.1%....member deez are the 'expurts' they couldn't "see" this earlier in the year but now it's panic mode

>>141265 Youngkin appoints former Trump EPA head to new deregulation office

>>141268 Spanish AF 4545 Falcon 900 departing JFK Int'l after an overnight-inbound from JBA yesterday-it arrived at JBA on 0629

>>141280 Manufacturing hits lowest level since June 2020 and inflation haz "peaked" again-according to the ISM survey (prices paid by manufacturers)

>>141285, >>141288 EXEC1F USAF C-32A goes to Hagerstown, MD from Richmond, VA-Jill Biden visits Henrico vaccine clinic/Belgian AF to Dallas Ft. Worth/No Nightwatch Austin in at JBA SAM400

>>141286, >>141287 ‘Risk To The Nation’: Republican Gov. Asa Hutchinson Says He Won’t Support Trump In 2024

>>141293 SAM448 USAF G5 KAF AC of interdast left Hickam AFB after arriving from Yokota AB, Japan refuel-where it was prior to that is unknown-SAM413 USAF C-40BState Dept ACin from it's Stuttgart Int'l depart with RCH3213 USAF C-17-FORGE78 US Army G5 inbound to JBA from Peterson AFB depart and on ground for 30 minutes

>>141298 JPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian Cut

>>141308, >>141314 SAM402 USAF G5 went to Teterboro, NJ for 40 minutes and back to JBA + analysis of it's flight(s) as SAM332 that began Saturday 0625 and ended yesterday 0630: MacDill, Warsaw, Rzesow, Stuttgart, Ft. Knox, Bangor, MacDill (CENTCOM)

>>141317 Central Bank Liquidity Swap Operations-NYFRB with the European Central Bank: $346,500,000 done 0629-reported today 0701

>>141320 They are finally noticing the cash for trash process (Reverse Repro Ops at NYFRB that been in here since 2021)....and from a lib/dem blog too..Reverse Repos Hit a New Record High of $2.33 Trillion

>>141335 SAM433 USAF G5 departed Los Angeles Int'l Airport and on descent for JBA-no arrival data or info on when it got to LAX-BLKWF14 USAF E-11A BACN GLEX departed Martin State Airport heading to Al Dhafra AB Dhabi

>>141332, >>141336, >>141344, >>141347 Ambassador Ric @grenell Statement on California Primary Election Delays

>>141346 Berkshire Hathaway buys 9.9 mln more Occidental shares, has 17.4% stake plus some thoughts on Warren Buffet/Bank of America and those short-term Silver leases that Bank of America has with JP Morgan-Buffet own a large chunk of BofA some speculation