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Ft. Knox Full of Impure Gold Unfit for International Transactions
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.
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Aug 6, 2026 / Tyler Durden
Watch: Mamdani Booed Off Stage At Pro-Police Event As 9/11 Backlash Builds
Watch: Mamdani Booed Off Stage At Pro-Police Event As 9/11 Backlash Builds
New York City Mayor Zohran Mamdani got a blistering welcome from Staten Islanders Tuesday night, drowned out by a wall of boos that chased the self-avowed Democratic socialist off the stage in under a minute at a National Night Out Against Crime event.
Mamdani had come to Midland Beach to address thousands gathered for the NYPD's 43rd annual National Night Out Against Crime, an event built around strengthening the bond between police officers and the neighborhoods they protect--however--it did not go...
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Apr 16, 2026 / Tyler Durden
Despite 'Survey' Sadness, Jobless Claims Slide Near Historic Lows
Despite 'Survey' Sadness, Jobless Claims Slide Near Historic Lows
The number of Americans filing for jobless benefits for the first time fell to just 207k (below the 213k expected and down from the prior 209.25k) - back near its lowest levels in 5 years (and trend towards its lowest level in 50 years)...
Source: Bloomberg
Despite a small pick up last week, Continuing jobless claims have been below the 1.9 million Maginot Line since the start of the year...
Source: Bloomberg
Finally, as the following chart suggests, while it may be "hard to get"...
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May 6, 2026 / Tyler Durden
US Navy Jet Fires On Iran-Flagged Tanker Trying To Reach Iranian Port
US Navy Jet Fires On Iran-Flagged Tanker Trying To Reach Iranian Port
Summary
US Navy jet fires on Iran-flagged tanker trying to reach Iranian waters & port.
Axios reports that the White House is nearing a preliminary deal with Iran to end the war, as Trump post appears to offer olive branch. Other reports say just hammering out at 'framework' for 'monthlong' talks.
White House says it expects a response to the latest offer within 48 hours.
Iran's initial response via media & national security spox: US demands are unrealistic & do not reflect...
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