Gold Outlook Report 2023

President Trump is open to backing militant groups who are willing to fight the Iranian government, The Wall Street Journal reported on Tuesday. Among the groups Trump is considering supporting are Kurdish forces based in Iraq, who have thousands of troops along the Iran-Iraq border, an idea first raised by Israeli President Benjamin Netanyahu during […]

Stocks, Bonds Slide As Ceasefire Hopes Fade It's Day 27 of the war: stocks and bonds fell globally as ceasefire optimism fades given mixed messages on progress toward ending the war in Iran and growing uncertainty over Iran’s willingness to engage in talks about a ceasefire in the Middle East sent oil prices higher. Futures gapped lower just after 5am ET, when Axios reported that the Pentagon is developing military options for a “final blow” in Iran that could include ground troops.  Trump urged Iran “to get serious” before it was too late...

Charts Show Middle East Shockwave Rippling Through Energy, Air Travel, And Freight Networks The Middle East conflict has triggered what the International Energy Agency earlier described as the largest oil supply disruption in global oil market history, as Iran continues to strike energy infrastructure across the Gulf. Against that deteriorating backdrop, Goldman analysts laid out how the shock is rippling through the global economy, disrupting oil flows, air travel, and freight markets. Analysts led by Patrick Creuset said oil and transport markets have taken the hardest hit from the near-freeze in...