Article
When a Chicken Isn’t Just a Chicken
We are reminded time and again that prices emerge from subjective valuation, not objective criteria.
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Apr 23, 2026 / Dave DeCamp
Trump Continues Yemen Drone War With Virtually No Media Attention
Since starting his second term in January 2025, President Trump has continued a drone war in Yemen that has gone unnoticed in the US, according to a report from the Yemen Data Project (YDP). From January 2025 to March 2026, the YDP found 21 reports of US drone strikes in Yemen through an investigation of […]
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Alasdair Macleod
Gold prices reflect a shift in paradigm – Part I
Mar 5, 2026 / Tyler Durden
Systemic Risk: A 12-Order Cascading Analysis Of A Zero-Flow Strait Of Hormuz Closure
Systemic Risk: A 12-Order Cascading Analysis Of A Zero-Flow Strait Of Hormuz Closure
Authored by Craig Tindale via X:
Executive Summary
The modern world order, having organized itself around efficiency, cost minimization, and logistical precision, has created a machinery of dependence so extreme that the interruption of one narrow corridor can propagate outward into a general crisis of civilization.
What appears at first as a maritime blockade is in fact the exposure of the entire global system as a hierarchy of brittle interdependencies.
Oil and LNG fail as inputs into electricity, fertilizer, shipping, chemicals,...
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