Gold tests $1960

Halliburton Sees First Signs Of Life In America's Oil Patch: "We Are In Early Innings" An emerging theme we are focusing on is the early stage of a major capex upcycle in America's oil patch, with even Goldman now moving in that direction and forecasting a boom that could echo the industry's expansion cycle of the early 2000s. Continental Resources CEO Doug Lawler was the first of the major oil patch players to mention in early April that "Continental is increasing our capital budget, which will increase production." Now, another giant...

Originally published at Judgenap.com and reprinted with permission The State Department used emergency powers to rush through billions in arms sales to Middle Eastern countries that have come under attack because of the US-Israeli war against Iran. The State Department Bureau of Political and Military Affairs announced a series of arms deals totaling $16 billion […]

Bessent On Iran: "We Are Suffocating The Regime" Treasury Secretary Scott Bessent joined Fox News' Sunday Morning Futures with Maria Bartiromo to discuss how the Trump administration is "suffocating" Iran with economic and financial pressure amid an ongoing U.S. military blockade of the Hormuz chokepoint. "We are running a marathon over the past 12 months, and now we are sprinting toward the finish line"" Bessent told Bartiromo earlier this morning.  Bessent explained how the U.S. maximum pressure campaign on Tehran has become "a real economic blockade," claiming the regime is "not...