Gold prices reflect a shift in paradigm – Part I

The Trump administration is bypassing Congress to arm Israel with more than 20,000 bombs by declaring the war with Iran an “emergency” as US-Israeli strikes continue to pound the Islamic Republic. The State Department said in a statement on Friday that it had approved a “Foreign Military Sale” to arm Israel with 12,000 BLU-110A/B general-purpose, […]

The true total of US national security spending in 2027 will exceed $2.5 trillion, far beyond the already record-shattering $1.5 trillion military budget President Trump has requested, according to veteran defense analyst Winslow Wheeler. Wheeler, who spent decades working in Washington for senators and the Government Accountability Office on national security issues, reached the figure […]

Savings Rate Slides As Fed's Favorite Inflation Gauge Slowed In February (Ahead Of War) The Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - rose 0.4% MoM in February (pre-war), in line with expectations, with YoY rising 3.0% (as expected - lowest since Dec), down from January's +3.1%... Source: Bloomberg The YoY Core decline is coming off January's highest level since March 2024, with Services cost inflation slowing notably... The headline PCE also rose 0.4% MoM (as...