"I Want That Deterrence Message": Michigan Dem Slotkin Wants To Prosecute Trump Admin To Scare Off Young Conservatives

War Zones Converging? Zelensky Says Ukraine Hit Ship "Transporting Military Cargo" From Iran Ukraine has rapidly expanded its one-way attack-drone campaign from the Sea of Azov into the Black Sea, claiming strikes against more than 180 vessels and maritime targets around the Crimean region over the past three weeks, according to Reuters. The widening maritime offensive follows a summer campaign in which Ukrainian drones struck dozens of Russian energy assets, warehouses and logistics hubs. The risk of the Russia-Ukraine conflict merging with the US-Iran conflict seems plausible, but remains low at...

New Home Sales Unexpectedly Plunged In May As Prices Surged With Case-Shiller reporting existing home price declines in half of America's largest cities, New Home Sales were expected to rebound from April's ugly decline. But they didn't... at all... NAR reports that New Home Sales in May plunged 7.3% MoM (versus the 3.2% MoM rise expected). That print was below the lowest analysts forecast. April's 6.2% MoM plunge was revised up modestly to a 5.7% decline, all of which left new home sales down on a YoY basis... Overall, new home sales have really gone...

OPEC Just Signaled A Historic Gold Tailwind Authored by Matthew Piepenburg via VonGreyerz.gold, The United Arab Emirates’ headline departure from OPEC this week has now made the case for precious metals almost too obvious. In fact, the critical USD-Petrodollar-Gold triangle just sent us one of the most important gold signals in over 50 years. And for anyone paying attention, this should come as no surprise. Warnings from 2022 From day one of the 2022 U.S. sanctions against Russia, we argued in “How the West was Lost” that this event marked the greatest macro-economic watershed to hit...