PODCAST: DHP Villains: Woodrow Wilson, Part 10

WTI Extends Losses After Biggest Crude Build In 3 Years Oil prices are sliding this morning following as an over-supplied market (API reported a huge 11.4mm barrel build last week) beats the geopolitical risk premia (with the US poised to attack Iran). "Iran, rather than backing down and agreeing to all and any term [U.S. President Trump] is placing on the table (as he had expected), is instead daring him to attack. "Just you try it and you will see what you will get!" is kind of what Iran implicitly said...

President Trump said on Tuesday that the US would provide insurance and naval escorts for tankers transiting the Strait of Hormuz after Iran’s Islamic Revolutionary Guard Corps (IRGC) declared the waterway was closed, a response to the US and Israeli attack on Iran. “Effective IMMEDIATELY, I have ordered the United States Development Finance Corporation (DFC) […]

From Zimbabwe To Washington: The Farce Of "Independent" Central Banks Authored by Nick Giambruno via InternationalMan.com, When Zimbabwe makes the news, it’s rarely for good reasons. There’s a good reason for that. The country has spent years in a state of perpetual crisis. Hyperinflation obliterated its currency and decimated the economy. Yet beneath the surface lies extraordinary wealth. Zimbabwe is rich in natural resources: gold, platinum, diamonds, and some of the most fertile farmland on Earth. That’s what led me to organize a research trip there about 10 years ago alongside legendary investor Doug Casey. We also sat...