U.S. cattle futures are on track for their largest year-to-date gain since 1978 amid an ongoing beef cow shortage. The shortage has driven prices for feedlot cattle to record highs, with charts resembling those of gold or silver, and pushed USDA ground beef prices at supermarkets to record highs. Although Goldman has noted that the […]

Via SchiffGold.com, A new round of tariff announcements from the Trump administration sent markets reeling, with gold dropping briefly only to soar back to new record highs above $4300 today, signaling collective doubt in the system itself as investors rush to protect themselves with hard assets.  Collectively, markets are reaffirming gold’s role at the center […]

Novo Nordisk A/S shares in Copenhagen appear to be experiencing yet another dead cat bounce following last month’s surge. That’s because President Trump told reporters late Thursday that GLP-1 drugs like Novo’s Ozempic, which currently costs about $1,000 per month, could soon cost “$150 out of pocket.” Bad news for Goldman analysts, who have been Novo’s […]

Despite their willingness to exempt a bill from the 60-vote threshold in the past, Democrats are now using the filibuster to their advantage. As of today, they have 10 times denied 60 votes to the House of Representatives’ stopgap funding bill that would reopen the government. And they’re saying they’re not done yet. “I feel […]

Via Remix News, New data shows that foreigners account for a substantial share of people living in absolute poverty in Italy, even as the poverty rates of families with two Italian parents drops. One director of La Verita newspaper, Maurizio Belpietro, has run an opinion piece in his newspaper lamenting that Italy is “importing poverty.” […]