What To Know About Iran's Pickaxe Mountain

The New Financial Iron Curtain: Taxes, Capital Controls, & The War On Your Wealth Authored by Chris Macintosh via InternationalMan.com, There is a term called “gating” in the fund management world. It refers to blocking investors from redeeming their funds. Funds do this sometimes as a precaution… and other times when they are in the poo. Well, governments are the same. When they are in the poo, they also resort to their version of gating. It’s just called taxes. I’ve always loved the Dutchies. Growing up in South Africa with the Afrikaners — descendants...

Russia Pressing Ahead On Rail Link To Iran & Azerbaijan To Ease Strain On Maritime Routes This week has brought new US attacks on Iranian infrastructure and logistics, including fresh overnight attacks on some half a dozen bridges, and even reports of strikes on rail hubs and airports. The New York Times observes Friday that "Bridges, rail lines, power and water facilities, and other targets in Iran, Kuwait and elsewhere in the Middle East were attacked in airstrikes on Friday as the United States and Iran escalated their weeklong crisis over...

US Futures, Global Stocks And Bonds Soar On Ceasefire Relief, Oil Plummets US futures, global stocks and bonds are sharply higher while oil prices plunge the most in years as a wave of optimism swept through global markets after the US and Iran agreed to a two-week ceasefire in exchange for Tehran reopening the Strait of Hormuz: JPMorgan's Market Intel desk, which moves from Neutral to Tactically Bullish this morning, says to look for a re-risking in the very near-term albeit it with higher energy prices. As of 8:00am ET, S&P futures...