Gold prices reflect a shift in paradigm – Part I

US Existing Home Sales Bounced In February As Mortgage Rates Tumbled Despite tumbling mortgage rates, existing home sales plunged (the most since COVID) in January, with some blaming 'below-normal temperatures' despite The West suffering the biggest declines (and unaffected by the winter storms). Consensus was for a modest 0.8% MoM decline in February (again despite an ongoing drop in mortgage rates) but sales actually surprised to the upside, rising 1.7% MoM. Perhaps even more notably, January's 8.4% MoM plunge was revised up to a slightly less crazy 5.9% MoM drop... Source: Bloomberg With...

While Israel never actually ended the occupation that they launched in 2024, they’ve expanded their attacks in southern Lebanon today to the point that they are declaring it a new “limited” ground invasion of the neighboring country. Airstrikes and ground clashes were reported around the city of Khiam, and Israeli ground troops have reportedly been […]

US Central Command said on Monday that the number of US troops killed since the US and Israel launched a war against Iran has risen to six as senior US officials continue to warn that more American casualties are expected. “As of 4 pm ET, March 2, six US service members have been killed in […]