Step into My Parlor

Schiff: "Real Rates Are Going To Collapse"; Dollar Confidence Crisis Gold or Bitcoin: which can anchor the next reserve system?  Last night, in a ZH debate hosted by Real Vision's Ash Bennington, Peter Schiff argued for gold’s role as the future global reserve currency, while Mark Moss made the case for Bitcoin, arguing that it is gaining traction on sovereign balance sheets as of 2025. They covered America's dwindling reserve status, fundamental monetary properties, and the nature of governments. Here were some highlights for those short on time: Gold: Tried and True Schiff argued that...

Bulgaria Draws Iranian Warning Over Hosting US Military Tanker Aircraft Bulgaria has for many years during the so-called Global War on Terror been a major Eastern European hub for US and Western weapons shipments as well as military aircraft transfers related to the Middle West.  But now Iran is paying close attention, putting the Bulgarian government on notice over a planned temporary deployment of up to eight American refueling aircraft. USAF file image The large military planes are set to be housed at Bezmer Air Base in the NATO country's southeast. It is...

France Cuts 6.4 GW Of Nuclear Power As Heatwave Grips The Country By Michael Kern of OilPrice.com, France’s nuclear power generation was slashed by 6.4 gigawatts (GW) on Monday amid a prolonged and intense heatwave that hiked river temperatures and limited the ability of the power plants to use the water to cool reactors. As many as eight reactors in France, which is Europe’s leader in nuclear power generation, were forced to curtail power output, according to data from the plants’ operator EDF and grid operator RTE cited by Reuters. The 6.4 GW...