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US Already Spent Over $42 Billion & Counting On Iran War

US Already Spent Over $42 Billion & Counting On Iran War This week will see the Iran war reach 40 days of fighting, which is a far cry from the mere "four days" some US administration officials offered as a possible 'optimistic' timeline at the very opening of Trump's Operation Epic Fury. According to the Iran War Cost Tracker portal, the US military operation has cost more than $42 billion thus far. The tracker has arrived at this figure largely based on a Pentagon briefing to Congress on March 10, which disclosed...
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Jul 12, 2026 / Tyler Durden
United States Retains Spot As World's Top Oil Producer
United States Retains Spot As World's Top Oil Producer Authored by Naveen Athrappully via The Epoch Times, The United States was the largest crude oil producer in the world in 2025, outputting a “record-high” 13.6 million barrels per day (bpd), according to a July 9 statement from the Energy Information Administration (EIA). America’s output was far ahead of second-placed Russia, which produced 9.9 million bpd. Saudi Arabia came in third with 9.6 million bpd, with Canada in the fourth spot at 5 million bpd. The difference in oil output between the United...
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Aug 9, 2026 / Tyler Durden
"Narco-Socialist Rats Better Start Running": Colombia's Trump-Backed "El Tigre" Launches Major Offensive Against FARC
"Narco-Socialist Rats Better Start Running": Colombia's Trump-Backed "El Tigre" Launches Major Offensive Against FARC Trump-backed Colombian President Abelardo De La Espriella wasted no time putting his law-and-order agenda into high gear, launching a major military offensive against Marxist FARC dissidents days after taking office on Friday.  "The new government's kinetic approach is already underway in southwestern Colombia," local outlet Colombia One wrote on Sunday.  The report continued, "A military operation is currently unfolding against the FARC dissidents led by alias' Ivan Mordisco' in the department of Cauca. The combats are heavily concentrated in the...
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Jun 24, 2026 / Tyler Durden
Uh-Oh, Silver!
Uh-Oh, Silver! Authored by Adam Sharp via DailyReckoning.com, One year ago, silver was trading at around $36 per ounce. Today the price is around $60. Normally, that’d be considered a win. But over those 12 months, we silver bugs have been on a wild ride. Simply incredible price action. From $36 to $119 in about 8 months. And now back down to $66. I believe the silver bull market still has years to run. Maybe even another decade. Today, let’s explore why. +$16 Since 1980? Silver first reached $50 way back in 1980. Of course, silver’s miraculous 1971-1980...
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