Egon von Greyerz On The Hidden Crisis Behind Silver’s Price Surge In the following clip, Egon von Greyerz explains why the precious metals market has entered a fundamentally new and unprecedented phase. One which is driven not by speculation or momentum trading, but by deep structural imbalances between physical supply and an unprecedented physical demand. Persistent supply deficits in silver over several consecutive years, […]

Stellar 2Y Trasury Auction: Surge In Indirects & Bid-To-Cover; Second Lowest Dealers On Record The first coupon auction of the week just took place, and it could not have gone any better.  According to the US Treasury, $69BN of 2 Year paper was just sold at a high yield of 3.580%, up from the 3.499% in December, and stopped through the When Issued 3.594% by 1.4bps, the biggest stop through since August. The bid to cover […]

Lavrov Exposed The Europeans’ Plot To Subvert Trump’s Ukrainian Peace Plan Authored by Andrew Korybko, Russian Foreign Minister Sergey Lavrov’s first press conference of the year in late January touched upon a lot of topics, importantly including the Europeans’ plot to subvert Trump’s Ukrainian peace plan. According to him, the UK “is speaking increasingly more often on behalf of the EU” and therefore plays a leading […]

Calls To Nuke Filibuster, Pass SAVE Act Intensify As Threat of Government Shutdown Increases Via American Greatness, Senate Majority Leader John Thune (R-SD) is facing increasing pressure to do away with the filibuster if Democrats seek to force a government shutdown over funding for the Department of Homeland Security (DHS). MSN reports that the odds of a government shutdown by January 31, jumped from 11.5%  to 79% on Kalshi […]

NatGas Rips Higher As Arctic Blast Knocks 12% Of U.S. production Offline  Update (1245ET): New York natural gas futures surged sharply on Monday after roughly 12% of U.S. production was forced offline by a major winter storm and extreme cold blanketing the eastern half of the country. The supply shock is now cascading into the power system, pressuring regional grids and prompting the Department of Energy to issue emergency orders […]

‘Signal-Gate’: Anti-ICE ‘Insurgency Command’ Chat Was Highly Organized What appears to be unfolding in Minneapolis, particularly following the emergence of “Signal-Gate” on Sunday via citizen journalists on X, extends well beyond any conventional protest activity. The evidence so far suggests coordinated pressure campaigns against federal agents exhibiting characteristics of a low-level insurgency, with direction, tasking, and […]

What We Are Experiencing Is Not De-Dollarisation But De-Fiatization By Benjamin Picton, Senior Market Strategist At Rabobank J.P. Morgan once famously remarked that “gold is money, everything else is credit.” That dictum was apparently forgotten during the 1980s & 1990s as gold’s share of central bank reserves steadily declined and gold prices – for most of that period – did the same. That period was the most recent […]

Trump Hails “Very Good Call” With Walz As He Sends “Tough But Fair” Tom Homan To Minnesota President Trump announced on Jan. 26 that he is sending border czar Tom Homan to Minnesota in the wake of the shooting of an anti-immigration enforcement protester by a federal agent. The president said in a morning Truth Social post that Homan would be going to Minnesota on Monday evening, noting that though Homan hasn’t been involved in […]

Booz Allen Shares Hammered After Treasury Cancels Consulting Contracts Shares of Booz Allen Hamilton tumbled the most in months during late Monday morning trading after U.S. Treasury Secretary Scott Bessent canceled dozens of contracts tied to the consulting firm. Secretary Bessent said 31 contracts with Booz Allen were terminated, representing $4.8 million in annual spending and $21 million in total obligations. “President Trump […]

USAR’s New CEO Executing On Strategy Submitted by Tight Spreads USA Rare Earth’s (USAR) strategy is characterized by its comprehensive “mine-to-magnet” vertical integration, a significant geographic footprint across North America and Europe. While competitors often focus on specific segments of the value chain, USAR is the only company outside of China positioned to offer a true end-to-end solution. In this note we’ll go […]

Son Of US Govt Crypto Custodian Allegedly Steals $40 Million Well known blockchain sleuth, ZachXBT, alleges a custody CEO’s son stole tens of millions in crypto from US government‑linked wallets tied to Bitfinex funds, exposing systemic custody risks. 1/ Meet the threat actor John (Lick), who was caught flexing $23M in a wallet address directly tied to $90M+ in suspected thefts from the US Government in 2024 and multiple other […]

Elon’s X Overhaul: Muting Political Posts And Banishing ‘Rage Bait’ Authored by Steve Watson via Modernity.news, While Elon Musk is rightly credited for transforming X into a battleground for unfiltered truth, he dropped two bombshells this week that could significantly reshape the platform. In a move that promises cleaner feeds but sparks fears of shadowy content policing, Musk revealed plans for topic-specific “For You” […]

Key Events This Week: Fed, Central Banks Galore, Earnings Avalanche With the year still not yet four weeks old, it’s already been a constant firehose of news volatility, even as market volatility has remained relatively contained, DB’s Jim Reid writes this morning. Consider: we’ve moved from Venezuela to Japan, via Iran and Greenland, with a range of other themes running in the background. These now include President Trump on […]

BlackRock Credit Fund Hit With 19% Markdown As Loans Go Bad BlackRock TCP Capital Corp., a publicly traded private-credit fund structured as a business development company, filed an 8-K with the SEC late Friday afternoon, disclosing a 19% markdown in net asset value as troubled loans weighed on performance. The move marks one of the first major private credit signal woes of the new year. The credit fund told investors in the 8-K […]

“The Discombobulator”: Trump Admits Secret Weapon Used In US Operation To Capture Maduro Authored by Aldgra Fredly via The Epoch Times, President Donald Trump has revealed that U.S. forces used a secret weapon to disable Venezuelan military equipment in the Jan. 3 operation that resulted in the arrest of Venezuelan leader Nicolás Maduro. “The Discombobulator. I’m not allowed to talk about it,” Trump said in an interview […]

Carney Cracks: Canada Has ‘No Intention’ Of Pursuing Free Trade Deal With China After Trump Threatens 100% Tariffs Canadian Prime Minister Mark Carney says Canada has “no intention” of pursuing a free trade deal with China, after Donald Trump threatened to slap a 100% tariff on Canadian exports if Ottawa “makes a deal” with Beijing.  Prime Minister Mark Carney of Canada at a news conference in Quebec City last Thursday (Mathieu […]

Minnesota Business Owner Claims ICE Will Start ‘Putting People In Ovens’ Authored by Steve Watson via Modernity.news, An unhinged leftist business owner from Minnesota told CNN’s Jake Tapper that there is no question ICE is running “concentration camps” and that federal officers could start “putting people in ovens” soon. Tapper was platforming the deranged lunatic as a smattering of leftist-leaning shops in the city […]

Nvidia Ramps Up CoreWeave Investment, Another $2 Billion To Accelerate AI Factories Buildout Nvidia increased its investment in CoreWeave to accelerate the buildout of AI factories, adding more than 5 gigawatts of AI computing capacity by 2030. This builds on an existing agreement under which Nvidia has committed to buy more than $6 billion in services from the firm through 2032.  “Demand for AI continues to grow exponentially […]

Futures Rebound From Session Low Amid FX Mayhem As Earning Avalanche, Govt Shutdown Loom US equity futures are weaker but have retraced much of their overnight lows as geopolitics and USD/JPY roil markets ahead of a significant earnings week, as Mag7 earnings reports kick off this week.As of 8:15am, S&P futures are down 0.1% while Nasdaq futures are 0.2% lower; Mag 7 stocks are mostly lower in premarket trading while both […]

Core Durable Goods Orders Rise For 8th Straight Month US Durable Goods Orders soared 5.3% MoM in (admittedly very lagged due to the shutdown) preliminary November data (significantly exceeding the 4.0% MoM expected and a major rebound from October’s 2.1% MoM decline), boosted by bookings for commercial aircraft and other capital equipment. Source: Bloomberg That big jump (the biggest in six months) pushed durable goods orders […]

Pentagon Releases New Defense Strategy: 4 Things To Know Authored by Ryan Morgan via The Epoch Times (emphasis ours), The Pentagon released its new National Defense Strategy late on Jan. 23, placing the homeland and a surrounding sphere of influence as the top priority for the U.S. military. Defense Secretary Pete Hegseth speaks during the POW/MIA National Recognition Day Ceremony at the Pentagon, Friday, Sept. 19, 2025, in […]

EU Launches New Probe Into Musk’s AI Chatbot Grok The European Commission has opened a new formal investigation into Elon Musk’s X under the Digital Services Act (DSA) and expanded a separate probe launched in December 2023. “The new investigation will assess whether the company properly assessed and mitigated risks associated with the deployment of Grok’s functionalities into X in the EU,” the European Commission wrote in a press […]

Erosion Of Freedom In The EU: From Censorship To Centralized Power Submitted by Thomas Kolbe The European Union has increasingly fallen on the defensive in foreign policy. Domestically, the Green Deal has significantly damaged the economic foundation. Together with its main pillars Berlin and Paris, the Brussels-based EU Commission is pushing forward the systematic construction of a censorship apparatus to suppress its own failures […]

Global Energy Transition Threatened By Critical Transformer Shortages By Haley Zaremba of Oilprice.com The global clean energy transition has passed a tipping point as renewable energies have simply become too cheap to fail. Worldwide, nations both rich and poor are rushing to install more and more wind and solar capacity to keep up with rising energy demand rates driven by global economic development and the age of AI. But while […]

Three Lessons From Venezuela’s Economic Collapse Authored by Matthew Mitchell via TheDailyEconomy.org, President Trump has accepted the Nobel Peace Prize that was awarded to Venezuela’s opposition leader, María Corina Machado. Unlike Machado, however, he does not accept the central lessons that can be gleaned from five decades of Venezuelan misrule. There are three.  Lesson 1: Past prosperity is no guarantee of future […]