World's Biggest Physical Oil Trader Warns Of Months Of Price Volatility

Ft. Knox Full Of Impure Gold Unfit For International Transactions Authored by Jp Cortez via The Mises Institute, The bulk of the US gold reserves held in Fort Knox are made up of impure “non-standard” bars that don’t qualify for use in international settlements. In practice, this means that most of America’s massive gold stockpile is illiquid and wouldn’t be readily accepted on the international market should the need arise: “It’s a decrepit relic just like our monetary policy is. With respect to America’s gold stockpile, we hold ourselves to a lower...

What To Know About Trump's Presidential Fitness Test Award Revival Authored by Aaron Gifford via The Epoch Times, In the coming academic year, old-fashioned calisthenics, timed runs, and the spirit of competition could return to many public schools. President Donald Trump on Tuesday signed a proclamation restoring the Presidential Fitness Test Awards, which date to the mid-20th century but ended under President Barack Obama’s administration. The May 5 White House action is a follow-up to the July executive order re-establishing the President’s Council on Sports, Fitness, and Nutrition. This proclamation, which also recognizes...

Trump Fails To Jawbone Market As Futures, Bitcoin Tumble; Oil And Yields Soar Futures are sharply lower, erasing modest overnight gains and trading near session lows as Brent crude futures are back above $110 a barrel after erasing an earlier fall and knocking broader risk sentiment off course in the process. There didn’t appear to be a single catalyst for the oil turnaround, although a steady stream of drone and missile attacks in the Middle East will have played a role and erased what little optimism Trump's 10 day delay to an Iranian energy plant...