Gold tests $1960

The Great Diesel Crisis - How Policy Choices Made The West Vulnerable Authored by Daniel Lacalle, How taxes, regulation, refinery closures, sanctions and declining domestic production turned a geopolitical shock into a diesel-price crisis Do not blame diesel prices on the Iran war or the disruption of the Strait of Hormuz. The geopolitical risk premium attached to oil prices is relevant, but the market was already weakened by policy choices. Europe has taxed motor fuels heavily, imposed escalating regulatory and carbon costs across the supply chain, closed refining capacity, sanctioned major sources of...

'Princes Of The Dollar': Why QE Is Over Authored by Kane McGukin via Bombthrower, What the G20, Werner, and Warsh tell us about America's new monetary playbook In every transition, there are road signs along the way. Matt Dines has been one of the more accurate minds of late on the monetary and geopolitical transition we are living through. His and Camron Otsuka's commentary earlier this month on Mine Print Hash, post the G20 meeting in North Carolina, sheds a lot of light on major sticking points that will pave the way for...

Brookfield, NextEra To Build $100 Billion AI Hub On Cold War Nuclear Site Authored by Alex Kimani via OilPrice, The U.S. Department of Energy (DoE) has announced a landmark $100-billion private investment to turn the former uranium enrichment site in Western Kentucky into the new Paducah American Energy Hub, marking one of the largest economic development projects in Kentucky's history. Led by U.S. Secretary of Energy Chris Wright, the initiative will bring together a private-sector coalition to build a massive artificial intelligence and high-performance computing (HPC) innovation campus powered by new energy...