Strong Indian Purchases Push Asia’s Crude Imports To One-Year High
Strong Indian Purchases Push Asia’s Crude Imports To One-Year High Authored by Tsvetana Paraskova via OilPrice.com, Record-high crude imports in India have pushed Asia’s oil arrivals in May to the highest level in a year, per data compiled by LSEG Oil Research and cited by Reuters columnist Clyde Russell. Asia, the key crude oil importing region […]
Global Cocoa Shortage Much Worse Than Previously Forecasted As Prices Surge
Global Cocoa Shortage Much Worse Than Previously Forecasted As Prices Surge The International Cocoa Organization has admitted that the global cocoa shortage will be significantly larger than previously forecasted. Cocoa prices in New York have rebounded in recent weeks, inching above the $9,330 per ton mark to close the week. First reported by Bloomberg, ICCO forecasted demand […]
What A China-Taiwan Conflict Could Mean For Semiconductors, Gold
What A China-Taiwan Conflict Could Mean For Semiconductors, Gold Via SchiffGold.com, American-made weapons will soon be bound for Taiwan, American lawmakers are telling Taiwanese President Lai Ching-te, sending shockwaves of uncertainty through electronics and metals markets this week. In a pointed “celebration” of Lai’s recent inauguration, Chinese military aircraft and warships have been conducting large-scale drills […]
Pro-Palestinian Protesters To “Surround The White House” Next Weekend Over Rafah Strike
Pro-Palestinian Protesters To “Surround The White House” Next Weekend Over Rafah Strike In the wake of a deadly Israeli strike at a tent camp in Rafah last week which produced horrific viral footage of charred corpses, days after the International Court of Justice ordered Israel to immediately halt military operations, and miles beyond Biden’s ‘red […]
US Drivers Overwhelmingly Prefer Gasoline Cars To EVs
US Drivers Overwhelmingly Prefer Gasoline Cars To EVs Authored by Tsvetana Paraskova via OilPrice.com, Americans continue to be fans of gasoline-powered vehicles and prefer them to electric vehicles (EVs) and hybrids, a new study by KPMG has shown. Assuming all costs and features are the same, just 21% of consumers prefer an EV, the inaugural […]
Watch: Hezbollah Shoots Down Large Israeli Drone In Expanded Fighting
Watch: Hezbollah Shoots Down Large Israeli Drone In Expanded Fighting Friday saw intensifying fighting on the Israel-Lebanon border as Hezbollah launched dozens of rockets in an expanded assault on northern Israel, some of which were sent to areas never hit before since the conflict started last year. On Saturday morning the Lebanese paramilitary group which […]
Bubble Symmetry: Could The NASDAQ Drop 60% And Round-Trip To 2,500?
Bubble Symmetry: Could The NASDAQ Drop 60% And Round-Trip To 2,500? Authored by Charles Hugh Smith via OfTwoMinds blog, The prospect of a 60% or 80% decline in the NASDAQ index is only horrifying if we stay invested in the index all the way down. Speculative bubbles are interesting because they’re never bubbles in real […]
General Dynamics’ New 155-Millimeter Shell Factory Opens As War Cycle Kicks Into Higher Gear
General Dynamics’ New 155-Millimeter Shell Factory Opens As War Cycle Kicks Into Higher Gear General Dynamics’ new 155-millimeter artillery shell factory in Mesquite, Texas, is set to produce 30,000 shells per month, according to a New York Times report. This will provide crucial support to the Ukrainian Armed Forces on the first and second lines and bring […]
The Great Gold Movement : Central Banks Reclaim Their Reserves
Central banks in different parts of the world have begun buying back their gold reserves, highlighting the importance of physical wealth such as gold and silver. Physical gold and silver are universal assets and they will protect your wealth against any market circumstance.
Get Up, Stand Up, Don’t Give Up The Fight: Know Your Rights Or You Will Lose Them
Get Up, Stand Up, Don’t Give Up The Fight: Know Your Rights Or You Will Lose Them Authored by John & Nisha Whitehead via The Rutherford Institute, “If a nation expects to be ignorant and free in a state of civilization, it expects what never was and never will be.” – Thomas Jefferson If America’s […]