Gold: From DC's "Enemy" To Its Last Hope?

"Calm Before The Storm?" UBS Warns Of Stock Market Turbulence As Midterms Loom "This may be the calm before the storm," UBS chief economist Arend Kapteyn wrote in a note on Wednesday morning. Kapteyn is referring to a historically turbulent stretch for equity markets ahead of midterm elections, which threatens to amplify the seasonal rise in market volatility. "Indeed, since 1928, these have been the most volatile months of the calendar, with volatility increasing in both election and non-election years before falling sharply thereafter," Kapteyn continued. Since 1950, the president's party has lost...

Energy Truce In Shambles: Ukraine Strikes Russian Refinery Despite Trump's Warning Amid Global Diesel Crisis President Volodymyr Zelenskyy said on X that Ukrainian forces struck the Syzran refinery in Russia's Samara region, about 75 miles west of Samara and 466 miles southeast of Moscow. The strike comes days after President Trump urged Ukraine to halt attacks on Russian refineries, as average US retail diesel prices jumped above $6 a gallon and alarming disruptions to global refining capacity threaten fuel supplies ahead of the Northern Hemisphere winter.  Zelenskyy wrote on X:  Russia continues to attack our energy...

Trump Tells "Less Shackled" Pulte To Fire Intelligence Officials As Senate Blocks FISA Extension When has the Senate ever not increased government spy powers? When President Trump installs Bill Pulte as acting DNI and instructs him to start kicking hornet nests, apparently.   In a WSJ interview published Friday, Trump revealed he has directed incoming acting Director of National Intelligence Bill Pulte to begin the process of firing a large number of employees as part of a major shake-up of the U.S. intelligence community. Trump described the Office of the Director of National...