Good Reads
Gold price eyes second straight weekly loss, silver price drops further
Gold slipped below $5,100 an ounce on Friday, heading towards a second consecutive weekly drop, as high energy prices stemming from the Middle East war continue to drive high-interest expectations. Silver, meanwhile, was hit harder, down almost 5% and just holding the $80-an-ounce level. Read on »
No, 400 Million Barrels Isn't Enough to Fix Hormuz
Oil spiked to nearly $120 per barrel last week. Then it crashed back down. What happened? If you think it was just Trump telling CBS News the war was “very complete, pretty much” – and markets buying it – there’s more to the story. Read on »
Trump Removes Sanctions on Russia to Help Oil Flow Amid Iran Conflict
Treasury Secretary Scott Bessent said it was “unfortunate” that the move could benefit Russia, but maintained that it was only for the short term. Read on »
Community News
GDP grew at a tepid 0.7% pace in the fourth quarter Link>>
What’s up With the Treasury Market? Why Is Gold the Last Safe-Haven Standing? Link>>
Why Governments Don’t Determine Money’s Value Link>>
China gold market update: Resilient demand in a festive month Link>>
Pentagon Is Moving Additional Marines, Warships to the Middle East Link>>