Why I Joined Monetary Metals

Futures At Session Highs After Oil Drops Below $100 On India Hormuz Transit Hopes US stock futures rebounded from their overnight selloff, and were trading near session highs after three days of losses on Wall Street as Brent slipped below $100 a barrel and investors waited to see if the war in the Middle East would escalate further. The catalyst for the bounce was news that India asked Iran to allow its tanker armada through Hormuz, which would lead to a substantial easing of the global oil shipping blockade. And while it...

Oil Plunges, Stocks Spike As Trump "Postpones" Military Strikes On Iran After "Productive" Talks; Tehran Denies Contact Update (0745ET): Well that didn't take long - and consider the source - but Iran’s state news agency rejects Trump’s claim of 'constructive conversations' "There is no direct contact with Trump, not even through intermediaries," Fars News reports, citing a source. "Trump backed off after hearing that our targets would be all power plants in West Asia." Oil is rebounding and stocks retreating modestly on the news... IRAN SAYS THERE WAS NO DIRECT OR INDIRECT CONTACT WITH TRUMP...

President Trump said in an interview with the Daily Mail on Sunday that he expects his new war with Iran to last “four weeks or so” as US and Israeli strikes continue to pound Iran and Iranian missiles and drones continue to make an impact in Israel and target US bases in the region. “It’s […]