US Producer Prices Cooler Than Expected In March Despite Surge In Energy Costs

The Rush To Pull Gold Out Of The US Submitted by QTR's Fringe Finance It was reported yesterday that the Netherlands just shifted approximately 86 tonnes of its gold reserves from New York and Ottawa to London, explicitly citing “increasing geopolitical unrest” and the need to prepare for severe crises. The Dutch central bank says gold held in London can be accessed and traded more quickly during an emergency than gold stored in New York or Canada. That is some wonderfully sanitized central-bank language to deliver a message that seems to me to be “confidence...

6 Things To Know As Iran Conflict Hits 1-Month Mark Authored by Ryan Morgan via The Epoch Times, A month has passed since U.S. and Israeli forces jointly launched a surprise attack on Iran, delivering the opening blow in an ongoing effort the U.S. military has dubbed Operation Epic Fury. Iranian forces have since retaliated with attacks on targets across the region and spooked international trade. President Donald Trump has recently raised the prospect of a peace deal, but his administration is also preparing additional military options. Here’s where things stand after four weeks...

Barnacle Scrapers Cash In As Persian Gulf Shipping Bottleneck Eases Demand for commercial divers who clean ship hulls has surged as vessels stranded in the Persian Gulf prepare to leave following a tentative US-Iran peace agreement reopening the Strait of Hormuz, according to Bloomberg. According to Captain Manandeep Singh Kukreja of Prominence Shipping Services, requests for hull-cleaning crews have increased more than 30-fold since the announcement. Fees for cleaning a single vessel could rise up to 60%, from about $5,000 to $8,000. Bloomberg reports that around 600 ships remain stuck in the...