Gold Vs Bitcoin: Can Either Usurp The Dollar's Reign?

Oil Spikes, Stocks Suddenly Dump During Warsh Hearing It's unclear what exactly is driving but the markets are reverting back to old habits this morning with oil spiking... ...dragging Treasury yields higher... Stocks are tanking... And so is gold... There were no obvious geopolitical headline catalysts for the move - though uncertainty remains high about the next 24-48 hours in the Middle East. Some have suggested the following comment from Fed Chair nominee Kevin Warsh may have helped (or hindered): “There’s probably no more pressing question than the cost of living.” Though that does seem like...

Major US Shale Producer To Boost Output, And It Suggests One Thing Last month, roughly three weeks into the U.S.-Iran conflict, UBS chief economist Arend Kapteyn told clients that one reason this Middle East energy shock is "not like the 2011-2014 shale boom" is the lack of a comparable response from the U.S. shale patch. In other words, the oil shock was viewed as temporary by major shale players and not worth adding new drilling rigs to the mix. But now, on day 35 of Operation Epic Fury, that assumption about...

BBC Slips In 'Mistranslated' Propaganda To Radically Alter Hegseth Speech On Iran The BBC has been caught yet again manipulating comments from the Trump administration to radically alter their meaning.  During a March 2 press conference about the war in Iran, US Secretary of War Pete Hegseth said that the United States is bringing death to the same regime that chanted "death to America." BBC Persia, however, substituted the word 'people' for 'regime' - fundamentally changing Hegseth's meaning to sound like America was targeting all Iranians vs. the regime.  "It turns out the regime who chanted 'death to...