Why I Joined Monetary Metals

The Moral Malaise: The New York Times Makes The Case For "Microlooting" To Murder Authored by Jonathan Turley, “It is so hard to live ethically in an unethical society.” That lament heard this week from New York Times opinion culture editor Nadja Spiegelman could well be the Democratic Party’s epitaph. Spiegelman was interviewing two left-wing influencers about how everything from shoplifting to murder may be excusable today in light of the unfairness they see in society. The podcast, a product of the nation’s newspaper of record, reveled in the moral relativism that has...

DOJ Re-Adopts Executions By Firing Squad As It Strengthens Federal Death Penalty The Department of Justice on Friday directed the Bureau of Prisons to expand death penalty protocols to include pentobarbital injections and firing squads as part of broader actions to strengthen the federal death penalty, Fox News reports.  "Today, the Department of Justice acted to restore its solemn duty to seek, obtain, and implement lawful capital sentences — clearing the way for the Department to carry out executions once death-sentenced inmates have exhausted their appeals," the DOJ memo obtained by...

Traders Puzzled As Physical Oil Prices Tumble Amid Surging Chinese Crude Sales, Plunging Imports Yesterday when discussing China's unexpected flip-flopping on its decision to order local banks to ignore the latest US sanctions on Chinese, followed days later by a demand that they pause loans to sanctions refiners, we highlighted something remarkable: in the aftermath of the Strait of Hormuz blockade, which throttled the transit of ~10% of global oil and sent physical prices soaring to record highs (especially for Dubai crude), resulting in a windfall for European refiners thanks...