US Jobs Soar By 172K In May, Smashing Estimates In 4 Sigma Beat; Unemployment Rate Remains At 4.3%

Hungary announced that it was ending diesel fuel shipments to Ukraine, and Slovakia said it could also cut energy shipments. Hungary and Slovakia are taking the step because Ukraine is blocking Russian oil shipments to the Eastern European nations. “Today we decided to suspend diesel fuel deliveries to Ukraine. Shipments will not resume until oil […]

"Bonds Are In Charge...Everything Breaks Over 5%" Submitted by QTR's Fringe Finance Today I sat down with my friend Andy Schectman, CEO of Miles Franklin Precious Metals and one of the most recognizable voices in the precious metals industry. I’ve known Andy for years, long before I ever became a customer of his. He’s someone I trust, someone I enjoy talking markets with, and someone who has spent decades watching the intersection of monetary policy, sovereign debt, central banks and the physical gold market. Whether you agree with every one of Andy’s...

Western Australia Establishes Strategic Fuel Reserve Australia is facing a historic energy crisis with much of its gulf-sourced energy facing not one but two blockades. But at least some parts of the country are doing something about it, even if it is too little, too late.  Western Australia will establish its own strategic reserves of diesel fuel to ease “acute shortages,” the state’s government said. As Bloomberg reports, the government signed a deal with Cambridge Gulf to buy and store 4 million liters of diesel, which is expected to arrive in the...