Independent thinking for complex markets and current events
LONDON, April 7 – European and Asian refiners are paying record high prices of near $150 a barrel for some crude oil grades, far exceeding prices for paper futures, highlighting the worsening supply crisis from the U.S.-Israel war with Iran. The Iran war has forced the shutdown of at least 12 million barrels per day …
Dow Jones to Gold ratio is now at a level only seen 4 times in history:2026, 2008, 1973 & 1929 Every single time this has happened it's marked a fundamental change to the economic system: Banking Act of 1933Convertibility of the Dollar 1971Economic Stabilization Act of 2008 https://t.co/XQLCNKzbYu pic.twitter.com/OecvQCRg7R — Financelot (@FinanceLancelot) January 25, 2026 …
In 1973 the Federal minimum wage wage was $1.60 an hour. It’s currently $7.75 an hour. It hasn’t changed since 2009. Use the inflation calculator to see what a $1.60 is today. https://www.usinflationcalculator.com/ AC
Ground beef just hit $6.12 Highest price ever recorded by the USDA Up 12% year over year Up more than 50% since 2022 This isn’t a seasonal spike It’s systemic US cattle inventory has collapsed 94.2 million head as of July 1 Lowest mid-year count since 1973 June feedlot placements: 1.44 million Lowest since 2017 …
It is the more accurate measure of real inflation Not CPI — Amy Nixon (@texasrunnerDFW) December 31, 2024 📌 Performance Investors regard gold as both a hedge against inflation and a strategic asset during geopolitical uncertainty, having proven to be the most effective safeguard against major geopolitical events since 1973👉 https://t.co/Lu9xTiGXkK h/t @SoberLook #gold #spx …
BREAKING: Israeli ground forces have crossed into Syria's territory for the first time since the 1973 October War – The New York Times — Insider Paper (@TheInsiderPaper) December 8, 2024 Israeli ground forces advanced beyond the demilitarized zone on the Israel-Syria border over the weekend, marking their first overt entry into Syrian territory since the …
The US will defend its personnel and interests, and has taken significant action to deter groups and degrade their capabilities in Iraq, Syria and Yemen, he said. President Biden has been “very clear that we want to prevent broader escalation” in the region but has also warned that the US will respond “strongly” to anyone who will …