DE-DOLLARIZATION PICKS UP SPEED: Iran & South Korea Agree To Cross-Currency Trade
South Korea isn’t letting US imposed sanctions on Iran hinder South Korea’s developing trade relationship with Iran. Here are the details…
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SWIFT Cracks Under US Pressure And Defies The EU By Cutting Off Iranian Banks
Mnuchin warned SWIFT it could be penalized if it doesn’t cut off financial services to businesses/entities doing business with Iran. Here’s the latest…
Continue readingNew Sanctions On Iran Take Effect (And These 8 Nations Get A Free Pass To Buy Iran’s Oil)
New US sanctions on Iran take affect today, but some nations are given waivers to continue importing Iranian oil. Here are the details…
Continue readingWill It Be A Red Wave, A Blue Wave, Or A Wave Of Paper Gold & Paper Silver?
SD Outlook: While gold & silver have gone nowhere lately, there are several reasons to think they could really get moving this week. Here’s why…
Continue readingPoland Is Buying Gold At A Pace Not Seen In 20 Years (And That’s Just One Reason To Be Bullish)
There are several reasons to be bullish on gold right now, and it’s not just about sovereign gold purchases. Here are a handful of the reasons…
Continue readingUN Rules Against US Sanctions On Iran, Secretary Of State Pompeo Vows More Sanctions
Iran took its case to the International Court of Justice where the UN court has ruled in favor of Iran. This issue is far from over, however. Here’s why…
Continue readingJim Rickards: A Three-Way Train Wreck Is About To Derail The Markets
Not only could this derail the markets, but the three-way train wreck could also lead to a war that pits the US vs China & Iran. Here are the details…
Continue readingDollar’s Reserve Status In Jeopardy: Europe Unveils “Special Purpose Vehicle” To Bypass SWIFT
China and Russia have long been challenging the US dollar’s dominance, but the challenge coming from Europe is very real. Here are the details…
Continue readingOil Prices Are Rising And $4/Gallon Gasoline Would Put Enormous Stress On The US Ecomomy
A mix of factors are causing analysts to forecast a surge in oil prices. A surge would ultimately be very bad news for the economy. Here’s why…
Continue readingEurope Is Working On An Alternative To SWIFT For ‘Financial Independence’ From The US
Today we learn Germany and France are working together on financial solutions to get around the numerous US imposed sanctions. Here are the details…
Continue readingOn The Subject Of Iran: A Sinking Feeling About Nuclear Persia
TraderStef can’t even speculate how the situation with Iran will play out, but one thing is for sure – It’s not a North Korean walk in the park. Here’s why…
Continue readingTurkey Rolls Out Prison Threats After Central Bank Steps In To Halt Lira Crash, Fails
Turkey is taking “all necessary measures” to maintain financial stability as the lira continues to crash. Here’s more…
Continue readingRussia’s Finance Minister: We May Abandon Dollar In Oil Trade As The Dollar Is Becoming Too Risky
After selling nearly all of their US Treasuries, Russia’s de-dollarization continues as does the global shift to the petroyuan. Here’s more…
Continue readingHere I Sit, Oh What A Grunt: Time To Back Up The JB Hunt?
SD Friday Wrap: You thought I’d say what? Gross. Here’s what just went down in gold & silver this week (Spoiler Alert: not much in terms of price)…
Continue readingTurks Blame Trump As Turkey Finds Itself In An Accelerated Economic Collapse
Turkey’s economy is in free-fall, and the Turks are placing the blame on President Trump. Here’s why…
Continue readingThe Outlook For Gold And Silver Is Actually And Finally Good – But There’s A Catch
SD Midweek: Things are actually looking up for gold and silver, but there’s a catch. Here’s the details…
Continue readingPresident Trump Fires Off His Starkest Warning Yet To Iran: YOU WILL SUFFER CONSEQUENCES
President Trump has issued a stark warning to Iran’s President Rouhani. Here’s the details…
Continue readingAnother Day Another Work-Around: Venezuela Will Refine Gold In This Nation To Avoid US Sanctions
Venezuela takes action to avoid sanctions and the US-centric Western financial systems. Here’s the details and why it matters…
Continue readingPresident Trump May Tap Into Nation’s Strategic Oil Reserve To Halt Rising Gas Prices
“the magic number appears to be $3 per gallon on the national level; every time regular gasoline nears that round number, Trump has…”
Continue readingRon Paul: Why President Trump’s Iran Isolation Plan May Backfire
President Trump and the State Dept are planning tough sanctions to isolate Iran, but it may backfire by way of China & Russia. Here’s why…
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