Welcome To Another Diverse Day In The UK...

Trump's Blockade Is Breaking Iran... And European Elites Are Angry Authored by Brandon Smith via Alt-Market.us In March I published an article titled “Global Energy Crisis Or Iranian Surrender In Five Weeks?” in which I outlined the “worst case” and “best case” scenarios for the war in Iran. In my best case scenario I argued in favor of a specific plan to end the conflict quickly: A US naval blockade of the Strait of Hormuz, flipping the tables on Iran by blocking or seizing any oil tankers or gas tankers which...

Here's What's Happening Inside Convenience Stores As Gas And Diesel Spike We continue to track convenience store trends as an indicator of working-class sentiment, building on our coverage of the spending pullback that emerged early in the US-Iran conflict. That weakness persisted into late summer as August's fuel-price spike put further pressure on household budgets. The Gulf conflict and a global refining squeeze pushed regular gasoline above $4.50 a gallon and diesel above $5.50 in August, leaving consumers with less room for discretionary purchases. Jefferies food analyst Scott Marks published a...

Iran escalation, fragile debt markets, and gold flashing warning signs. Mark Thornton explains why this bubble won’t end gently.