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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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Mar 24, 2026 / Tyler Durden
Here's Where Rent Growth In The US Is Finally Slowing
Here's Where Rent Growth In The US Is Finally Slowing
After years of rapid increases, rent growth in the U.S. is finally slowing—and in some cities, prices are even declining, according to Marketwatch.
From January 2025 to January 2026, rents rose 2.8%, a smaller increase than the year before and lower than pre-pandemic norms, marking the slowest growth since 2021. This cooling trend, driven in part by a surge in new housing supply, suggests the market is stabilizing after an intense period of price escalation. At the same time, easing inflation,...
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May 28, 2026 / Tyler Durden
Home Refi Activity Plummets As Mortgage Rates Hit 9-Month Highs
Home Refi Activity Plummets As Mortgage Rates Hit 9-Month Highs
Refinancing activity in the U.S. housing market plummeted last week as mortgage rates hit their highest level in nine months, new industry data released on May 27 show.
Refinancing decreased by 18 percent for the week ending May 22 and is up by 19 percent from the same time a year ago, according to the Mortgage Bankers Association.
“Many borrowers understandably backed away from refinancing last week,” Joel Kan, the firm’s vice president and deputy chief economist, said in a statement.
The decline...
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Feb 26, 2026 / Tyler Durden
Biden's FBI Secretly Obtained Kash Patel And Susie Wiles' Phone Records, But NYT Says It's Cool
Biden's FBI Secretly Obtained Kash Patel And Susie Wiles' Phone Records, But NYT Says It's Cool
When Special Counsel Jack Smith was investigating Donald Trump and people in his orbit, he ended up surveilling then-private-citizen Kash Patel, and Trump Chief of Staff Susie Wiles during 2022 and 2003.
Patel, now head of the FBI, told Reuters on Wednesday that he found out about this, and the FBI buried the files in a "Prohibited" category deep within the bureau's computer system so they would be extremely difficult to find.
Getting down to it - the subpoenas targeted metadata...
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