Gold Outlook Report 2023

It Begins: Iranian Drone Strikes Bahrain Desalination Plant As Worst-Case Scenario Unfolds Update (Sunday):  From data centers in the Gulf area to water desalination plants, the worst-case scenario is now unfolding in the Middle East conflict, with no boundaries regarding civilian infrastructure. We warned earlier last week, after correctly predicting that data centers would be targeted, that water desalination plants would be next (see the previous update).  Al Jazeera reports that after Iranian Foreign Minister Seyed Abbas Araghchi claimed the US targeted a water desalination plant in Iran, an IRGC kamikaze drone then...

Former Taiwanese Presidential Candidate Sentenced To 17 Years In Corruption Case Authored by Dorothy Li & Frank Fang via The Epoch Times (emphasis ours), TAIPEI, Taiwan - A Taipei court on March 26 found a former presidential candidate guilty of corruption-related charges and sentenced him to 17 years in prison, a verdict that has attracted domestic media attention amid the ongoing political deadlock in Taiwan. Ko Wen-je, former Taipei mayor who ran in Taiwan's presidential race in 2024, leaves the Taipei District Court in Taipei on March 26, 2026. Song Pi-lung/The Epoch...

The Wrath Of Kharg By Ben Picton, Senior Market Startegist at Rabobank Brent crude is bid again this morning as markets digest the dump of news over the weekend relating to the Iran war. On the bullish side for crude was the US decision to bomb Iranian military assets on Kharg Island – the Persian Gulf port where up to 90% of Iranian oil exports are typically loaded onto tankers. Announcing the strikes via Truth Social, President Trump was at pains to be clear that oil infrastructure was not targeted, but...