But never mind, the war must go on. Ukraine is not fighting just for its own sake, but also for the Ukrainian elites sake and for the European elites sake, and for the whole of Europe’s sake because the Russians will just roll on to Berlin if not stopped here. So there.
So the non-existent Patriot missiles must keep coming and the non-existent money from the bankrupt west must keep flowing.
On the bright side the sooner this shit show dies it’s inevitable death then the money drain will stop and all these useless western European leaders will be swept aside and hopefully along with the whole corrupted EU organisation.
The EU needs to go back to its roots, a simple free trade organisation. Since it expanded into this all encompassing authoritarian behemoth it’s brought nothing but disaster to the E3 (UK, France and Germany).
Gold makes a break higher on Bessent news. To recap, Gold has been selling off since the start of the Iran war fulfilling its role as a reserve currency. When cash flow is restricted - sell your US treasuries, but the US was putting pressure on countries not to do that, so Gold was the next alternative.
But there are limits and regardless of US warnings US treasuries have been selling off hence the 10 year yield approaching 5% and so Bessent just announced that the US govt was doubling its bond buy back scheme in an attempt to stabilise the US treasuries market.
Await to see if he has more luck than he did trying to stabilise the Yen sell off recently when Bessant sold US reserves of Euros and used them to buy Yen.
GOLD Daily
Trump's Economic Siege on Iran, China and BRICS Stand in the Way
