Oil Soars As Trump Warns Iran Will Pay For Future Houthi Shipping Attacks, Rubio Rules Out Deal

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:...

A period of relative calm on Monday gave way to Israeli troops in Nabatieh al-Fawqa opening fire on a group of workers with a bulldozer who were reportedly clearing the roadways in the area, killing two and wounding two others. The IDF declared them “terrorists.” The newest report from the Lebanese Health Ministry reported 17 […]

Meta Says Zuckerberg To Stay In California After Considering Relocation Authored by Zachary Stieber via The Epoch Times, A possible new wealth tax in California prompted Meta chief Mark Zuckerberg to consider leaving the state, according to a new regulatory filing. California voters will decide on Proposition 40 in November. It would impose a one-time 5 percent tax on billionaires. If approved, Zuckerberg would have to pay a multibillion-dollar tax, Meta lawyers said in the Oct. 21 filing to the Securities and Exchange Commission that included frequent mentions of a special committee of...