Iran War Hype, Gold, and the Fed’s Debt Bubble

Mamdani's Tax Fantasy Is Already Failing Somewhere Else Submitted by QTR's Fringe Finance Last week I wrote that Zohran Mamdani is a f***ing moron has proposed a new estate tax that is not really aimed at billionaires but at ordinary New Yorkers whose so called wealth is largely tied up in the homes they spent decades paying off. That argument may have sounded abstract to some readers, like a warning about unintended consequences that might or might not materialize. But we do not have to speculate about how these kinds of burdensome taxation policies play out....

Iraq Negotiates With Iran To Reopen Vital Oil Shipping Route Authored by Tsvetana Paraskova via OilPrice.com, The federal Iraqi government is in contact with Iran to persuade Tehran to allow some Iraqi oil tankers to pass through the Strait of Hormuz, Iraq’s Oil Minister Hayyan Abdul Ghani said on Tuesday.  “There is communication with Iran regarding allowing the passage of some Iraqi oil tankers,” the minister said in statements carried by the Iraqi News Agency (INA).  Iraq, unlike Saudi Arabia and the United Arab Emirates (UAE), doesn’t have any options – even partial – to...

In an address, President Donald Trump said that three American soldiers had been killed by Iranian attacks, and there “will likely be more.” President Trump said that three American troops had died in the Middle East. He continued, “Sadly, there will likely be more. Before it ends, that’s the way it is. America will avenge […]