Gold tests $1960

The Bretton Whoops Authored by 'No1' via Gold and Geopolitics substack, The bombs make headlines. The economic unraveling happening quietly underneath them don’t. So before we get back to the daily carnage, let's talk about money. It used to be funny, in a rich man's world. The world didn’t wake up one morning and decide to distrust the dollar. It was a process. Gradually, then suddenly, as these things tend to go. It started with Venezuela. In 2019, Caracas asked the Bank of England to return its own gold - 31 tonnes, sitting...

What Would Robert Louis Stevenson Say About Ozempic? Authored by Ann Bauer via Brownstone Institute, I have loved many addicts in my life. I have been exasperated, impoverished, and terrified by them. But also amused, warmed, enraptured, elevated…That’s the thing about addicts. They contain multitudes, all drama and extremes. They’re charismatic until they’re repugnant, joyful until they’re suicidal. Everything is in vivid, dangerous color. It’s part of the ride and the reason they exert such a pull on cautious, ascetic people like me. Some of my addicts are gone. My closest friend and...

JPM Stock Fizzles Despite Blowout Quarter As Key Forecast Cut One day after Goldman Sachs reported its highest profit in 5 years (despite an ugly miss in FICC revenues), this morning JPMorgan impressed with just as solid results, when it reported that its Q1 profits rose 13% as the bank benefited from soaring market volatility and frantic trading amid the war with Iran and the US military operation in Venezuela. The largest US bank reported net income of $16.5bn, beating analyst estimates of a $15.2bn print, up from $14.6bn a year...