Gold Outlook Report 2023

Trump Invokes Defense Production Act To Sign Energy-Related Directives Authored by Aldgra Fredly via The Epoch Times, President Donald Trump on April 20 invoked the Defense Production Act to issue a series of memorandums focused on strengthening coal supply chains, ​natural gas transmission, and ​liquefied natural gas capacity. Trump also signed memos aimed at boosting domestic petroleum production, enhancing grid infrastructure, and expanding the deployment of “large-scale energy” and related infrastructure. In a post on X, White House spokeswoman Taylor Rogers said the memos would allow the Energy Department to use funding from...

We know that Q-Day is coming upon us when AI moves to another level and humans must make the adjustments. State-sponsored solutions will fail, and the only way forward is the free market.

Oil Up, Stocks Down As War Rhetoric Rises, Deadlines Loom After a long weekend of kinetic and verbal escalation (and a strong payrolls print), and with President Trump reminded Iran that his deadline for a deal looms, it is no surprise that oil prices are higher in early trading... WTI topped $115... Near post-war highs... And despite the recent hope-filled decoupling of oil and stocks... ...S&P futures also weak, down around 0.7% in the early trading... Treasury futures and gold are lower with USD/JPY near 159.70. While the Iran conflict has established an ongoing state of caution...