The US-Israeli attacks on Iran, and the virtual closure of the Strait of Hormuz, have sent oil prices soaring above $100 per barrel. With the war now two weeks old, I consider some of the economic and financial market fallout. As the consequences will increase the longer the conflict continues, the failure of the Trump [...]
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COP 30: The Planet Doesn’t Do Politics
23 November 2025 The COP 30 summit in Belem Brasil now has concluded. Let's face it, progress on climate change has lost momentum. Not only has Potus 47 ditched America's Net Zero commitment, but leaders from key polluting nations China, India, Russia, and the USA did not attend the conference. In line with the 2015 [...]
Gold: Debasement or Risk-On Rally?
19 October 2025 The price of gold has risen sharply during the past two years. More recently, Jerome Powell's August speech at Jackson Hole, Wyoming -- where he signaled the Federal Reserve would begin lowering interest rates -- has turbocharged gold's ascent. Indeed, investors are considering whether the dramatic appreciation signals a flight to quality, [...]
Election 2024: What They’re Not Telling Us
20 September 2024 The US election is now less than seven weeks away. We have witnessed two quite memorable Presidential debates. The candidates have clashed on issues of character, fitness for office, U-turns on previous policy positions, etc. All important topics, to be sure. However, direct questions on how to address key policy issues are [...]