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Tuesday, 03/26/2024 9:28:43 AM

Tuesday, March 26, 2024 9:28:43 AM

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Gold up today on bridge hit. Ships will have to rack and stack in Chesapeake bay. It will disrupt things but don’t see black swan yet. Although Baltimore is major port. From what I saw, ship lost power, lights went out and lost steering. After ATSs switched power over to emergency power, lights came back on. Lights went out again, main engines started up, black smoke under heavy load can be seen. once main engines up, ATS switch complete, lights came back on. Ship appeared to try and steer away from bridge at last second. Root cause for Why engines went out has yet to be determined. Terrorism, maybe, struggle to get ship under control obvious, power loss and restart a given from what I see. Big deal for markets is cost inflation and delays. If it was terror, black swan possible. I have seen a thing or 2 so I know a thing or 2.
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