Macquarie: Two More Months Of War Could Send Oil To $200

Gold At $155,000 An Ounce Submitted by QTR's Fringe Finance The fellas over at Zero Hedge put up a Tweet last week that floated a wild monetary thought experiment: they said Treasury Secretary Scott Bessent could theoretically “buy back” our roughly $40 trillion in U.S. government debt using cash from the Treasury General Account. There would just be one small detail standing in the way…the government would first have to re-mark its gold reserves to somewhere around $155,000 per ounce. If you’re not familiar with the concept, it probably sounds outright insane. But the basic...

World's Largest PC Makers Start Using Memory Chips From China's CXMT It's not just Apple that is scrambling to find cheap memory alternatives to the DRAM offerings from the memory "cartel" of Samsung, SK Hynix and Micron: according to the Nikkei Asia, a trio of the world's leading PC makers - HP, Asus and Acer - have started to use small amounts of chips from China's ChangXin Memory Technologies (better known as the recently IPOed CXMT) amid an unprecedented memory shortage fueled by demand for artificial intelligence infrastructure. Many major PC makers...

Syrian Foreign Minister Asaad al-Shaibani, a former al-Qaeda member, said on Saturday that Damascus was considering joining the Mecca defense pact, the new military alliance between Saudi Arabia, Pakistan, and Turkey. “Discussions are currently underway to evaluate Syria’s entry into the Mecca alliance,” al-Shaibani said at the Manama Dialogue conference in Bahrain. Al-Shaibani’s comments come […]