New prohibitions against gold, bitcoin
With so much debt in the U.S., financial markets are entering a new paradigm, where we could see "shocking" tax changes that might involve prohibitions against capital movements to assets.
Oil Prices Retreat As Biden Plans Major Federal Tax Hike
Despite optimism from Chinese data overnight, forecasts for lower OPEC+ output, and a weaker dollar, oil prices are tumbling this morning with WTI back below $64.50...
Gold Price Analysis: XAU/USD prepares for $1800
Gold bounces off the ascending channel’s lower boundary support as a bullish impulse emerges.
U.S. engaged in indirect diplomacy with Iran
The United States and Iran have begun indirect diplomacy with Europeans and others conveying messages about how they might resume compliance with the 2015 Iran nuclear deal.
Oil Prices Slip As U.S. Rig Count Falls
Baker Hughes reported on Friday that the number of oil and gas rigs in the United States fell by 1 this week. The total number of active oil and gas rigs in the U.S. is now at 402—or 390 fewer than this time last year.
Oil Prices Drop As Traders Take Profits
Speculators have been selling oil over the past two weeks as prices continue higher and the appetite for profit-taking increases.
CIA Policy Has Changed
In the news reports I read that the U.S. Senate on Wednesday, March 3 approved veteran U.S. diplomat William Burns as the new U.S. Central Intelligence Agency (CIA) director.
Another gold price spike ‘is coming’
There is an "over-exuberance" in the financial markets right now with investors piling into assets that don't have any real value, said Barrick Gold CEO Mark Bristow, adding that gold price will see another spike higher.
Brent crude breaks $70 after Saudi Arabia’s oil facilities attacked by Yemen’s Houthis
International benchmark Brent crude futures popped on Monday, moving above $70 a barrel for the first time in more than a year.
OPEC+ Surprise Sends Oil Past Gulf Budget-Balancing Levels
Oil soared past fiscal breakeven prices for the Middle East’s four biggest producers after OPEC+ kept output largely unchanged and an attack on a highly protected Saudi Arabian oil facility.