'Don't Even Think About Selling': Mr. Gold Warns US 'Officially A Banana Republic'

Fire Erupts At HF Sinclair Refinery In Tulsa Local media in Tulsa, Oklahoma, report that the HF Sinclair refinery, which has a crude-processing capacity of 125,000 barrels per day, has suffered a fire. This comes just days after another refinery fire in the New Orleans area. Fox 23 News reports that the Tulsa Fire Department is currently on the scene after a fire broke out at the refinery in West Tulsa earlier today. The refinery is critical because it primarily processes sweet crude, can handle some sour Canadian crude, and markets...

Iran Claims 80% Of Bombed-Out Areas Of Tehran Restored, Amid $270BN War Loss Compensation Demand Iran has been seeking to prove its unity and defiance to the world in the aftermath of the 38-days of heavy US-Israeli bombing it endured throughout the Trump-ordered Operation Epic Fury. Along with fast seeking to rearm and recover its missile capability after the bombardment which heavily targeted above and below-ground missile silos, it is also rapidly rebuilding bombed-out parts of the capital city Tehran. Getty Images In what sounds like a surprising and perhaps high estimate, about 80%...

Complete Q1 13-F Summary: The Fireworks In Berkshire's Post-Buffett Portfolio, And Everything Else Friday was the 15th of the month 45 days after quarter end, which means we got a flood of 13F reports indicating what asset managers were long as of March 31. We will do a summary recap below of all the biggest names, but as usual we start with Berkshire due to its traditional lack of turnover and corresponding price impact of the stock of new positions or liquidations. And we should underline "traditional" because in Berkshire's...