Gold prices reflect a shift in paradigm – Part I

US Ambassador To UN Threatens Iran Counterpart: 'Better Watch Himself In New York City' Trump's Ambassador to the United Nations Mike Waltz has issued a veiled threat to his Iranian counterpart, and the clip is going viral, which is likely to further delay the potential for any talks toward halting the war - which at this point still seem non-existent. The spat first erupted Sunday, when Waltz ripped into Iran's UN Ambassador Amir-Saeid Iravani, coming just a day after Operation Epic Fury started and the bombs were unleashed on Tehran. Screengrab via The Australian Walz...

Oil Spikes To Session High As Iraq Starts Shutting Output At Massive Oil Field Here are the most critical developments unfolding in the US-Iran conflict:  Iraq's crude oil output is being significantly curtailed. An update from Iraq specifies a shutdown of 460,000 bpd at West Qurna 2 and a cut of 700,000 bpd at Rumaila, while warning that more than 3 million bpd could be forced offline in the coming days if tanker access remains limited. Export crude bottlenecks are developing across Iraq. Storage at southern export terminals is nearing critical capacity...

The Trump administration is close to launching a major attack on Iran as it continues a massive buildup of military forces in the Middle East, according to a report from Axios reporter Barak Ravid. Sources told Ravid that the potential US attack on Iran would likely be a massive multi-week operation, much bigger than the […]