The Gods of Chaos have brought together an alliance to bring down the West. If its not the weather, it will be Russia, Gas prices, the Middle East and Oil, or maybe the prime global commodity – Chips – is the next thing they will target. I'm staying long Gold.
There is a crisis brewing – things are likely to get worse before they get better on the back of Political Dither, a Reverse Big Bang in the City of London, and the Escalation of the Middle East crisis threatens higher energy costs and inflation!
Biden’s trip to Israel and Jordan vs Putin’s to Beijing - which will prove more meaningful? Meanwhile, Italy’s latest tax cuts and spending plans mimic the Trusterf*ck, but Meloni seems to have got away with it – for how long?
Events in Israel have been shocking. Its deliberate – Iran fermenting conflict to support its goal of Arab hegemony. It puts Saudi in an impossible position – and could move it closer to Russia and thus higher oil prices. Interesting times indeed. Hard Hats close.
Political instability is turning into a global competition as Bolsonaro supporters storm Brazil’s Government, the CCP reopen China’s Borders to chaos, and the US Speaker deals with political hi-jackers to secure his seat. All will have consequences and should make markets nervous.