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'The Financial Equivalent Of All Out Nuclear War': Jim Rickards Says 'Yentervention' Is The Biggest Story In The World Via Greg Hunter’s USAWatchdog.com, Eight-time, best-selling financial author Jim Rickards is warning of a financial calamity already underway that Treasury Secretary Scott Bessent is trying to contain.  It is the Japanese yen carry trade where the US Treasury is propping up the yen’s value.  Is the yen carry trade coming to a halt and can it blow up things?  Rickards says, “The answer is yes and yes..." "Somebody wrote me and asked if the yen carry trade is...

Israeli attacks across Gaza on Monday killed at least six Palestinians as the IDF continues its constant violations of the US-backed ceasefire deal. According to Al Jazeera, at least two people were killed by a drone strike targeting a vehicle in Khan Younis, southern Gaza, and two others were killed by a strike on tents […]

Korea Barbeque'd: Kospi Crashes As Chip Stocks Tank, AI Token Index Spirals Lower South Korean stocks plunged on Tuesday as concerns over circular AI financing and China's expanding DUV lithography capabilities (read here) were top of mind among investors. Adding to the pressure, chipmakers may not have found a floor just yet because Silicon Data's LLM Token Expenditure Index continues to slide, suggesting that companies are shifting toward cheaper models, particularly open-source alternatives from China. Top Overnight News The Kospi index follows a weak US session lower, falling as much as 10.7%...