Peace is Breaking Out in the Middle East…and Washington is Not Happy! – LewRockwell

While we were being distracted by the ongoing Russia/Ukraine war – and Washington’s increasing involvement in the war – tremendous developments in the Middle East have all but ended decades of US meddling in the region. Peace is breaking out in the Middle East and Washington is not at all happy about it! Take, for example, the recent mending of relations between Saudi Arabia and formerly bitter adversaries Iran and Syria. A China-brokered deal between the Saudis and Iran has them re-establishing full diplomatic relations, with the foreign ministers of both countries meeting in Beijing last week. It is the … Continue reading →

Source: Peace is Breaking Out in the Middle East…and Washington is Not Happy! – LewRockwell

Davos Runs Into the OPEC+ Buzzsaw – LewRockwell

Every Wednesday and Sunday morning I record a private podcast for my patrons. I cover gold, silver, oil, the Dow Jones and Bitcoin at a minimum. This past Sunday I mentioned during my oil commentary I thought the six-month long weakness in oil was overdone. Last week’s price action clearly agreed with me as the futures markets finally saw some position squaring into the quarterly close on Friday. At least that’s what I thought at the time.  It turns out that there were a lot of people who must have known that OPEC+ was going to announce a surprise production … Continue reading →

Source: Davos Runs Into the OPEC+ Buzzsaw – LewRockwell