Good Reads
American Oil Refiners Are Printing Money
The earnings of America’s largest oil refiners are set to go gangbusters in the third quarter, spurred on by the conflicts in the Middle East and in Ukraine that have sent the world scrambling for fuel. Read on »
They Raised the Forecast Again
In June 2025, S&P Global counted 117 gigawatts of American data center demand for 2030. It raised that count in September and again in April, to 183 gigawatts, and 2030 is no closer than it was. The Energy Department's own lab tells the same story from the metered side. In 2023, it had data centers using under 5% of American electricity, with a top case of 12% by 2028. This June it lifted the ceiling past 15% by 2030. Read on »
Positive ETF Gold Flows Pushed Holdings to a New Record in September
Despite tremendous price pressure on gold from rising yields, more metal flowed into gold-backed ETFs last month, driving fund holdings to a new record. According to the latest data compiled by the World Gold Council, ETFs globally increased their gold holdings by 67.3 tonnes to a record 4,256 tonnes. Read on »
Community News
European Commission picks 46 new strategic critical mineral projects Link>>
Metals Focus Forecasts Record Gold Prices and Rallying Silver in 2027 Link>>
Mapped: U.S. States With the Highest Tax Burden in 2026 Link>>
Silver Miners Are Making $44 an Ounce. Here’s How Stacking Silver Measures Up Against the Average American Savings Account Link>>
Dollar’s Longest Winning Streak Since Early 2025 Keeps Going Link>>