Gold prices reflect a shift in paradigm – Part I

I had thought the United States government had hit a new low point last week when the Federal Commission of Fine Arts approved a Semiquincentennial 250th anniversary commemorative 24 karat gold coin featuring President Donald J Trump leaning on his his desk with clenched fists and scowling but that was before Secretary of War Pete Hegseth demanded $200 billion from […]

Hormuz Bypasses Maxed Out: Saudi East-West Pipeline Hits Record 7 MMb/d, As UAE Fujairah Crude Loadings Reach Capacity The ramp up in Saudi Arabia's Hormuz-bypassing East-West pipeline has been nothing short of remarkable. Two days after we reported that flow through the pipeline which crosses Saudi Arabia east to west for oil flows (hence the name) and is also known as the Abqaiq-Yanbu pipeline for nat gas flows had doubled from roughly 1.5 million before the war, today Bloomberg updates on the latest flow numbers and it now appears that the...

World Economic Forum Boss Borge Brende Quits As Epstein Fallout Deepens The Jeffrey Epstein fallout continues to spread across the corporate and political worlds, with new headlines daily. Bill Gates told foundation staff earlier this week, "I did nothing illicit." Goldman Sachs' top lawyer, Kathy Ruemmler, stepped down last week over her ties, and former Prince Andrew was arrested on suspicion of misconduct related to sending Epstein trade documents. Now, the World Economic Forum chief executive, Børge Brende, is stepping down following an investigation by the organization into his connections...