Gold prices reflect a shift in paradigm – Part I

Iraq Tells Buyers To Collect Crude Which Can Now Cross Hormuz, While US Boosts Ship Reinsurance Guarantees To $40BN Over the long weekend, we reported that with traffic across the Hormuz strait continuing to rise, and reaching the highest since the war began, one particularly favorable development was Iran's permission for Iraqi ships to use the Strait. We also noted that this declaration had the potential to unleash as much as 3 million barrels a day of Iraqi oil cargoes. That said, there was the caveat that it was not immediately clear...

Teacher Loses Career Over Two-Word Facebook Post Supporting ICE James Heidorn, who taught at Gary Elementary School in West Chicago, found himself at the center of a community firestorm that cost him not just his teaching position but his identity as an educator, all for posting two words on Facebook: "Go ICE."  The incident began in late January when Heidorn, a 14-year physical education teacher, responded to a news story about a local police department pledging cooperation with Immigration and Customs Enforcement. His personal Facebook post sparked immediate backlash in the...