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Gold prices reflect a shift in paradigm – Part I
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Apr 30, 2026 / Tyler Durden
Futures Jump After Overnight Rollercoaster Session As Oil Unexpectedly Tumbles, Yen Soars
Futures Jump After Overnight Rollercoaster Session As Oil Unexpectedly Tumbles, Yen Soars
Futures erase an overnight slide, and have resumed their ascent trading near all time highs, despite a hawkish Fed statement but stronger Mag7 earnings. The hawkish Fed followed by a less hawkish press conference, plus the news that Powell is staying on seemingly removing a cut, actually have bond yields lower pre-mkt by 2-4bp as the Dollar weakens on what appears to be BOJ intervention which has sent the USDJPY plunging most since 2022. As of 8:00am ET,...
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Apr 12, 2026 / Tyler Durden
Navy Abandons USS Boise Overhaul After 11 Years And $800 Million Spent
Navy Abandons USS Boise Overhaul After 11 Years And $800 Million Spent
The U.S. Navy has finally thrown in the towel on the Los Angeles-class attack submarine USS Boise (SSN-764). After more than eleven years pierside and roughly $800 million poured into a repair effort that never really started, the service announced that the 34-year-old boat will be inactivated rather than returned to the fleet.
The decision comes as the Navy shifts focus to Virginia- and Columbia-class construction, yet one has to wonder why those same priorities could not have been...
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Mar 13, 2026 / Tyler Durden
In Scramble To Open Up Hormuz, France & Italy Open Talks With Iran After India's Request
In Scramble To Open Up Hormuz, France & Italy Open Talks With Iran After India's Request
Amid very confused and mixed messaging coming from Washington over the status and future fate of Hormuz oil transit, the EU is trying its hand at a solution.
France and Italy have opened 'tentative' talks with Iran seeking to negotiate a deal to guarantee safe passage for their tankers through vital strait which remains a crucial chokepoint for stalled global crude transit, the Financial Times reports Friday, citing people briefed on the efforts.
This comes as...
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