PODCAST: Why This Recession is Different

A 'War Of The Oil Refineries' Opens As Israel Bombs Key Tehran Sites, After Which Haifa Refinery Targeted Update(1425): Is a tit-for-tat oil depot war opening? This could be the next phase of escalation, already in progress. Iran's Islamic Revolutionary Guard Corps (IRGC) says it has struck Israel's Haifa refinery, framing the attack as direct retaliation for fresh Israeli strikes on energy infrastructure inside Iran. The war of the oil refineries: Iran says it targeted tonight a refinery in Israel after an attack on its own refinery in Tehran. The regional energy infrastructure is getting...

Gold Vs An Erupting Financial Volcano Authored by Matthew Piepenburg via VonGreyerz.gold, Below, we look soberly at the historical case of gold in the backdrop of current headlines and a global financial system nearing an eruption moment.  Although the catalysts of oil, war, bond dysfunction, and bloated stocks may seem modern and unique, the current case for gold is as timeless and constant as nature itself. Volcanic Parallels… In May of 1980, David Alexander Johnston, a volcanologist for the United States Geological Survey, was manning an observation post 10 kilometers from the percolating volcano...

Trump Orders Navy 'Shoot & Kill' Iranian Boats, Says 'Doesn't Need A Deal' As US Intercepts Tankers From Hormuz To Indian Ocean Summary Iranian sources to Chinese state media says 'breakthrough' toward restarting US talks again could come 'tonight or tomorrow'. Trump orders US Navy 'shoot & kill' small Iranian boats amid concern over mines in Hormuz. Says US now "doesn't need a deal". Overnight, US military intercepted two more Iranian oil supertankers that tried to evade the blockade And in Indian Ocean US conducted a maritime interdiction and right-of-visit boarding of the sanctioned stateless vessel...