The Minerals Consortium Will Result in Malinvestment

Apache Helicopter Downed Near Strait Of Hormuz In Iran War First, Crew Rescued A US helicopter has gone down over the Strait of Hormuz off the coast of Oman in an unprecedented first of the Iran war, Central Command announced Tuesday, after which the two crew members were reportedly rescued by unmanned boats. The Army AH-64 Apache was patrolling regional waters before the downing incident, which is still shrouded in mystery, and which the Pentagon says it is now investigating. However, the Iranians are saying they know exactly what happened -...

Kamal Kharazi, an 81-year-old advisor to the Iranian government and former Iranian foreign minister, was severely wounded by a US-Israeli strike on his home on Wednesday that killed his wife, Iranian media has reported. Kharazi, chairman of Iran’s Strategic Council on Foreign Relations, was seen as a potential negotiator and, according to Iranian officials speaking […]

Overloaded: From Trinkets To Compute And Market Structure By Peter Tchir of Academy Securities Last weekend we published that the market was sitting on Multiple Inflection Points. We were concerned that many of the inflection points would resolve themselves negatively for the market: Iran, which we didn’t even give the full “inflection” point treatment to, has deteriorated. While Brent finished the week at almost $90, up from just above $70, it seemed to be a “side story” at this stage. However, with the news of the U.S. service members killed on Friday...