Jeff Currie: Forget $91 Brent, The Real Crisis Is $170 Diesel

Trump Says US Weighing Taking Stakes In AI Companies Authored by Jacob Burg via The Epoch Times, President Donald Trump told reporters on June 5 that his administration is exploring the possibility of the United States acquiring a public stake in artificial intelligence (AI) companies. Trump made the comment in response to a question about a recent News of the United States report, which suggested that unnamed senior U.S. officials had discussed with major AI firms the possibility of the federal government holding some shares in their companies. “There’s so much money that...

An Overheating Feedback Loop Submitted by QTR's Fringe Finance Congratulations, you made it through the panic…and now the market has decided none of it ever mattered and things are 5% better than they’ve ever been in history. Prices have not only recovered from the Iran war scare, they’ve pushed comfortably beyond where they were before it even started. The NASDAQ is logging a batshit insane 13-day winning streak, marking its longest consecutive green run since July 2009. That’s impressive, if your definition of impressive includes a complete disregard for unresolved risk and/or any type of...

Trump's SWIFT Hint And The Decline Of The Euro Submitted by Thomas Kolbe In a post on Truth Social, US President Donald Trump indicates the imminent return of Russia to the SWIFT payment system. It would mark the end of sanctions against Russia. But the Prussians are not shooting that fast anymore. Currency policy is geopolitics. This is especially true as soon as the US dollar is involved. And that is almost everywhere and at any time on the globe, no matter how often European and Chinese media sound the death knell...