Article
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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May 18, 2026 / Tyler Durden
Oil Rebounds After Iranian Denial: Will 'Under No Circumstances' Give Up Nuclear Program To End War
Oil Rebounds After Iranian Denial: Will 'Under No Circumstances' Give Up Nuclear Program To End War
Summary
Trump calls for Iran's total military surrender in Monday morning Truth Social post.
Oil rebounds on Tasnim reporting Iranian denial: Tehran "under no circumstances" will negotiate nuclear issue as part of an end to the war.
A flurry of (the somewhat typically-timed) Monday opener headlines have pushed oil prices lower, erasing weekend gains, including Al Arabia reporting that Iran is ready to accept a long-term nuclear freeze, instead of full dismantling.
Iran has submitted its latest proposal...
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Jun 5, 2026 / Tyler Durden
"The Rebirth Of America's Nuclear Industry": Antares Microreactor Goes Critical
"The Rebirth Of America's Nuclear Industry": Antares Microreactor Goes Critical
Antares just did something that has been painfully rare in American nuclear energy: it took a privately developed advanced reactor from concept to actual criticality on an aggressive, publicly stated schedule.
On June 4th at Idaho National Laboratory (INL), the company’s Mark-0 microreactor achieved initial zero-power fueled criticality under the Department of Energy’s Reactor Pilot Program.
When a reactor goes critical, it is experiencing a self-sustaining chain reaction of fissioning uranium atoms inside of its core. A zero-power fueled criticality means the...
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Jun 8, 2026 / Tyler Durden
Campbell's CEO Serves Up Warning For Restaurants As "Resilient" At-Home Cooking Trend Gains Steam
Campbell's CEO Serves Up Warning For Restaurants As "Resilient" At-Home Cooking Trend Gains Steam
There is not much to get excited about in canned-soup maker Campbell's third-quarter results, with sales slumping and softness in its snack unit weighing on performance. But one revealing detail from management's earnings call earlier on Monday offers a broader read-through on the consumer: households may be spending much more time cooking at home and pulling back from restaurants in the second half of the year.
The canned-soup maker reaffirmed its full-year outlook, but Wall Street analysts...
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