The Petroyuan Myth: War Failed To Shake The Dollar

US Says Iran's Threat To Hormuz Traffic "Degraded" As 23 Nations Signal Waterway Support Three weeks into the U.S.-Israeli war on Iran, the Trump administration's central focus now is very clear: reopen the Strait of Hormuz and restore the normal passage of crude and LNG tankers through a maritime chokepoint that carries roughly one-fifth of global oil and LNG flows. On Saturday morning, Admiral Brad Cooper, commander of U.S. Central Command and the official overseeing Operation Epic Fury, released an update on day 22 of the combat mission and stated: Iran...

The Precious Paper Problem: The Divergence In Western Bullion Markets Authored by Armin Sidhu via The Mises Institute, Gold has nearly doubled in two years. Silver has outpaced it. For the commodity that backed money for most of human history and that central banks still treat as the final settlement asset, these moves should represent a clean signal about physical scarcity and monetary demand. Western gold prices no longer carry that information cleanly. The prices quoted in London and New York are increasingly detached from the physical reality of who owns what...

Target Hospitality Jumps As Data Center Boom Fuels Demand For Worker Camps Target Hospitality shares jumped in premarket trading after the company announced a new contract to provide mobile housing solutions and related hospitality services for workers at data center construction projects. The 48-month contract could generate upward of $750 million in revenue for Target Hospitality, which builds, owns, leases, and operates large temporary or semi-permanent "communities" for workers of major projects. The contract covers 3,370 beds. Historically, Target Hospitality generated revenue from energy, natural resources, and government-related customers, but since the...