Independent thinking for complex markets and current events
The situation in the Middle East is getting very bad for world food supplies. The Strait of Hormuz is a key place for ships, and now that the fighting is happening, many ships cannot get through. Because of this, about 30% of the world’s fertilizer trade is blocked. Fertilizer is how farmers grow enough food …
Reporter: “Are you angry at China for sending stuff to Iran?” Trump: “No, we do the same thing, don’t we, with other countries? It’s one of those things.” The most honest sentence about geopolitics in years. Everyone arms their allies. Pretending otherwise is the lie. https://twitter.com/MarioNawfal/status/2047443888852320332 Factcheck: China isn’t in any active armed conflict. It …
The agreement between the U.S. and Australia to partner on developing supplies of rare earths and critical minerals amid trade tensions with China, the world’s leading supplier, prompted a response from the Chinese government. The U.S.-Australia deal was signed by President Donald Trump and Australian Prime Minister Anthony Albanese on Monday at the White House …
Gold is piercing a level that has held for 45 years. Moves of this size never happen in calm markets. Confidence in the current monetary system is fraying. The rally is powered by record central bank buying, ballooning U.S. debt, Fed credibility under question, and geopolitical fractures. The mainstream media has no idea why gold …
WARNING: Housing defaults have skyrocketed Such a run-up was last seen during the Financial Crisis pic.twitter.com/KcDppiC6Lz — Bravos Research (@bravosresearch) July 19, 2024 Housing Affordability Continues to Erode The latest data on housing affordability paints an increasingly challenging picture for American homebuyers. As of July 2024, the median household would need to spend an estimated …