Gold prices reflect a shift in paradigm – Part I

Europe Faces Summer Jet Fuel Crisis As Iran War Slashes Supply Authored by Tsvetana Paraskova via OilPrice.com, Europe faces an imminent jet fuel crisis as the Iran war and Hormuz disruption cut off key Middle Eastern supplies. Long-term refinery closures and rising import dependence have left Europe highly exposed, with limited alternatives and growing competition from Asia. Airlines are already cutting capacity and warning of higher fares, with potential flight cancellations looming as fuel shortages intensify. Accelerated refinery closures in the past decade and increased dependence on kerosene from the Middle East have exposed...

The New York Times Made A Humiliating Error, And Trump Is Just Loving It Authored by Matt Margolis via PJ Media, The New York Times set out Friday to embarrass President Donald Trump over his hardline stance on NATO. It wound up spectacularly backfiring on them. AP Photo/Mark Lennihan, File Several NATO nations have declined to join a U.S.-Israel military operation targeting Iran. Alliance members also refused Trump's requests to deploy their forces to reopen the Strait of Hormuz, much to the chagrin of President Trump, who figures that if NATO allies won’t...