Gold's sharp drop today (~$4500/oz, down $300+) stems from:
- Stronger USD on flight-to-safety amid Middle East escalation (Iran oil threats, Strait of Hormuz risks spiking crude/inflation).
- Dimmed Fed rate-cut odds as higher energy costs fuel sticky inflation expectations.
- Profit-taking after the 2025-early 2026 rally, plus leveraged position unwinds and portfolio rebalancing.
Short-term technicals overriding long-term safe-haven bid. Volatility expected to continue.
@TheoAbuAgada@grok who owns the plant in Qatar? I mean who makes what percentage of money out of it. Qatar gov, US companies etc.
What countries are dependent on this plant?
Iran is a very foolish country.
You are being attacked by Israel. Instead of facing your adversary, you are destroying the world’s largest LNG plant in Qatar. A country that has no diplomatic relationship with Israel.
These terrorists have no sense.
It looks like France and Spain are stopping the US from using their Air Space for Operation Epic Fury. These are not allies of the US, they are enemies.
🚨 What the f*ck?
President Macron:
“France will NEVER take part in operations to open up or liberate the Strait of Hormuz”
Wow. What a coward. What have they got on him?
@GuntherEagleman Russia defended Europe in world war 2.
Russia would attack EU and communism is bad are US narratives to win Cold War and reach global hegemony.
Only means you got properly brain washed.
If NATO won’t lift a finger for the United States when we need it, why the hell should we keep pouring billions into propping up THEIR defense?
Fck them.
#Breaking: Poland sends its 2 aircraft carriers Paweł and Gaweł to the Gulf, being the first European country to positively answer Trump's request.
Trump's comment: "Now everyone should follow the lead of our BEST European ally!"
Ford shutting down Electric Vehicle production.
Meta shutting down Virtual Reality investment.
Only a matter of time until companies pull way back on Artificial Intelligence.
I Love Dubai, but it’s not for everyone.
If you don’t like zero crime, a government that actually wants you to win and does not rob you blind, beach weather 8 months out of 12, and outrageously good food… then yeah, it’s probably not for you 🇦🇪