Gold prices reflect a shift in paradigm – Part I

USS Ford Carrier Returns To Mideast After Extensive Fire Repairs Over the weekend it was confirmed by Pentagon statements that the USS Gerald R. Ford aircraft carrier strike group has belatedly redeployed to the Middle East after a month in port for repairs following a fire aboard the ship. The world's largest aircraft carrier returned to operations after what's been officially described as a blaze in its laundry area, which headlines have presented as accidental. The incident injured sailors and forced significant maintenance work, and ever since it happened on March...

WTI Steady After Biggest Cushing Crude Build In 3 Years; Imports From Venezuela Highest Since 2019 Oil prices remain lower this morning, following the US proposal for a ceasefire with Iran, but off the lows following Iran's rejection. “From the Iranian perspective, Trump’s actions this week have demonstrated that the US can be pressured when Iran threatens further escalation,” said Arne Lohmann Rasmussen, chief analyst at A/S Global Risk Management. Futures had already pared losses as Tehran fired a new wave of missiles at Israel, and signaled little willingness to compromise. Iran’s...

President Trump spoke with Russian President Vladimir Putin by phone on Wednesday, during which the two leaders discussed the wars in Ukraine and Iran. According to Russian officials, during the call, Putin said he was ready to declare a ceasefire with Ukraine on May 9 for Victory Day, the day Russia celebrates the Soviet Union’s […]