Trump’s Iran War Has Already Cost Each American Household $750

General Motors Shares Plunge 6% Despite $20 Billion Buyback Announcement And Earnings Beat General Motors shares are plunging more than 6% in premarket trading Tuesday, despite the automaker announcing a massive new $20 billion share repurchase program and reporting quarterly earnings that came in ahead of Wall Street expectations, according to Bloomberg News.  The selling comes as GM continues to grapple with a weakening U.S. auto market, where higher financing costs and pressure on household budgets have made it increasingly difficult to sell lower-priced vehicles. Demand for the company's more expensive...

Direct, face-to-face talks were held today between Israeli and Lebanese Ambassadors. The talks are historic, at least in the sense that direct talks between the two nations are exceedingly rare, but little was expected of them, and even less seems to have come out of them. The talks were held in Washington D.C. and conspicuously […]

The Fog Of Oil Authored by Matthew Piepenburg via VonGreyerz.gold, War, oil and gold are making headlines of late for overlapping and independent reasons. Below, we avoid the guesswork, finger-pointing or sensationalism attendant to current headlines concerning Iran and stick to a theme which offers some clarity, namely the interplay of oil and gold. The Fundamentals Stay the Same For years, of course, we have tracked the fundamental drivers which impact the gold price (from DXY debates, inflation signals, and de-dollarization headlines to COMEX outflows). All of these complex signals and themes ultimately boil down to a simple realization:...