Markets don’t like uncertainty. It is a cliché, but for a very good reason. It is more than a truism. In fact, businesses don’t like uncertainty. You and I don’t like uncertainty in our personal lives...
One thing to remember is that China, Russia, and Iran have close trade and military relations with each other. So, threatening Iran can only worsen US relations with both China and Russia. And they’re not good right now.
A new supply-chain crises is storming around us, and shipping is worse than when we were as many days into the Covid lockdowns as we are now into the Trump Tariffs.
It's a giant warning that gold is up more than $250 in three days. You don’t want to live in a world with $5,000 gold, which has been performing spectacularly, as it should when there’s so much chaos.