Good Reads
Peak Oil Is Coming
Renewable electricity is so cheap that it’s taking over the world. It will replace most fossil fuels: in power generation, car propulsion, heating… When it does, the budgets of dozens of countries will be destroyed because they mostly rely on oil and gas production today. What will happen to these countries? To global geopolitics? This is what we’ll explore in this series, starting by asking ourselves: When will oil sales start shrinking? Read on »
Gold Buyers, This Isn’t the 1970s
Gold’s historical stability amid dollar-debasement fears and memories of eye-watering gains have boosted its recent appeal. It seems like more greed than fear the past several weeks, though. And one thing we’ve learned about commodity markets is that it doesn’t take much speculative money to make them go parabolic. Read on »
Ray Dalio warns the world is ‘on the brink’ of a capital war
Speaking to CNBC’s Dan Murphy on stage at the World Governments Summit in Dubai, United Arab Emirates, Dalio said we are close to teetering into capital war territory — when money is weaponized using measures like trade embargoes, blocking access to capital markets, or using ownership of debt as leverage. Read on »
Community News
During the worst day for gold in 46 years, options traders made bets the metal could hit $20,000 Link>>
Gold and silver rebound, pulling global mining stocks and precious metal ETFs higher Link>>
Silver Top? When To Sell? Link>>
EU Pushes Rare Earth Mineral Partnership With US To Cut China Reliance Link>>
US Shoots Down Iranian Drone In 'Self-Defense' In Gulf Waters Link>>
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