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"Severely Curbed": Gold Shipments Through Dubai Stalled In Wake Of Strikes On Iran
"Severely Curbed": Gold Shipments Through Dubai Stalled In Wake Of Strikes On Iran
Gold shipments through Dubai are set to stall for several days after airlines suspended flights amid U.S. and Israeli strikes on Iran and Tehran’s response, according to three industry sources and Reuters.
Because gold is typically transported by air for security and insurance reasons, the cancellations are expected to sharply limit physical flows.
Reuters writes that Dubai is a key supplier to Switzerland, Hong Kong and India. Sources said the broader impact on global supply will depend on how long the...
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Apr 16, 2026 / Tyler Durden
US Industrial Production Unexpectedly Drops In March (After Huge Upward Revision For Feb)
US Industrial Production Unexpectedly Drops In March (After Huge Upward Revision For Feb)
At first glance the 0.5% MoM decline in US Industrial production (considerably worse than than the 0.1% MoM rise expected - and dragging YoY growth in IP down to +0.74%) is bad news... suggesting immediate impacts from the war are being felt and sparking headlines decrying President Trump's actions.
Source: Bloomberg
However, while we agree that the decline is notable, the fact that February's data was revised drastically higher, from +0.2% to +0.7% MoM, means that over the two...
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May 5, 2026 / Tyler Durden
How A Musk Victory Vs. Altman Would Reset America's AI Roadmap
How A Musk Victory Vs. Altman Would Reset America's AI Roadmap
A courtroom victory for Elon Musk in his high-stakes federal trial against Sam Altman and OpenAI would deliver one of the most disruptive blows to the artificial intelligence sector in its brief but explosive history - potentially forcing the $850-billion-plus company to unwind its for-profit empire, ousting its top leaders, and handing Musk a symbolic and financial hammer to reshape the global race for AGI while weakening one of its fiercest competitors.
The case is now being argued in a...
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Jul 14, 2026 / Tyler Durden
Why Digital ID Is The Hill To Die On: The Authentication Layer
Why Digital ID Is The Hill To Die On: The Authentication Layer
Authored by Joshua Stylman via Substack,
A friend and I got into it recently. He’s smart, freedom-minded, and totally gets the danger of Central Bank Digital Currencies (CBDC). Expiring money, programmable control, carbon budgets - he sees most of the expanding tyranny clearly. And yet he dismisses Digital ID as a distraction. When I try to make the case that digital ID is the gateway to the gulag in the metaverse, he demands I name ONE thing Digital ID gives...
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