Precious Metals Work

Bessent: IRGC Leaders 'Trapped' Like 'Drowning Rats' By US Blockade, Will Soon Face Uprising Over Coming 'Gasoline Shortages Next' Summary Bessent describes IRGC leaders as now "trapped like drowning rats" amid the enduring US naval blockade of Iranian ports, which will soon result in gasoline shortages, anger & uprising Putin tells FM Araghchi that he's been in contact with the new Supreme Leader, and says Iran fighting for 'sovereignty' After a weekend of stalemate malaise, Iran reportedly offers new proposal for opening ship traffic, while postponing the thorny nuclear issue; Rubio says 'will not...

European Inflation Jumps Most Since 2022 On Soaring Energy Prices Even As Core CPI Unexpectedly Shrinks In an early preview of the coming inflation spike, the euro area saw its steepest jump in inflation since 2022 as the Iran war pushed energy costs sharply higher, backing expectations that the ECB will have to raise interest rates. In March, European consumer prices rose 2.5% from a year ago in March - and up a whopping 1.9% from the previous month - to the highest since January 2025. The silver lining: the median estimate...

Trump Signals Response To Haifa Refinery Strike 'Shortly' As WH Mulls Uranium Seizure Op; Bessent Vows To 'Retake' Hormuz 'Over Time' Summary Iran rejects 'excessive, illogical' US demands while Trump mentions 'progress' with a 'more reasonable regime'. Trump again threatens to destroy Iran energy sites and Kharg Island. White House seriously considering ground operation to seize Iran's enriched uranium stockpile but also wants Tehran to negotiate handing it over willingly. Bessent: US will 'retake' Hormuz Strait 'over time'. Bazan oil refinery in Israel's northern city of Haifa is on fire after a second apparent Iranian missile strike...