Gas prices record for August, top refiners see profits soar! Homebuyer demand drops to record low…

Gasoline prices climbed on Wednesday, marking their highest level on record for this time of year. The national average for regular gas stood at $4.03 per gallon, according to AAA data. That’s about $0.16 higher than a month ago. The national average “is now at its highest ever level this late in the calendar year,” … Read more

Treasury market facing reckoning: Treasury is about to sell 30-year bonds at the most expensive rate in a quarter century.

The roughly $30 trillion Treasury market — widely seen as the bedrock of the global financial system — is facing a dangerous reckoning driven by a perfect storm of rising risks. On Wall Street, bond-market professionals are warning that the tremors could affect your portfolio — whether you own bonds or not. Long-end Treasury yields … Read more

The Daily Global Oil Deficit Is Even Higher Than Originally Projected, And That Means That The Energy Crisis Is About To Greatly Escalate

by Michael Since war with Iran erupted in February, the world has been using a lot more oil than it has been producing. The good news is that we had a tremendous amount of extra oil sitting around. As a result, we have been able to avoid shortages and we have been able to serve … Read more

Largest Foreign Holders of U.S. Treasuries Japan sitting there at #1 with roughly $1.2 Trillion worth

Largest Foreign Holders of U.S. Treasuries 🚨 Japan sitting there at #1 with roughly $1.2 Trillion worth 👀 pic.twitter.com/lAw7XK4Yga — Barchart (@Barchart) August 12, 2026 BREAKING 🚨: Japan Japan's 2-Year Yield hits 1.64% for the first time since 1995 🤯 👀 pic.twitter.com/zrGGriyVNw — Barchart (@Barchart) August 12, 2026

US printed nearly 40 percent more dollars in about two years during COVID, M2 money supply jumped from around 15.5 trillion to over 21 trillion.

That expansion drove asset prices and everyday costs higher. Homes food insurance and borrowing costs all reset up. 30 year mortgage rates sit around 6.7 percent near the 7 percent level. One post notes Biden era saw high illegal immigration numbers around 11 million encounters. AI projected to displace about 15 million US jobs over … Read more

Ukraine hits Novorossiysk naval base and port in biggest Black Sea strike yet

https://t.co/7VimyxPmUO Bykov also damaged. pic.twitter.com/gidejGp9Bi — OSINTtechnical (@Osinttechnical) August 12, 2026 Ukraine's General Staff says that the overnight drone and missile attack on the Russian naval base at Novorossiysk damaged four Russian warships: the Admiral Grigorovich-class frigates Admiral Makarov and Admiral Essen, a Buyan-M-class corvette, and the Vasily Bykov. pic.twitter.com/3Vz5JaJH0D — OSINTtechnical (@Osinttechnical) August 12, … Read more

Trump Media: More than 10 firms pay up to $100,000 a month for fast access to Truth Social posts… The press finally takes him to court.

https://www.bbc.com/news/articles/ce3q5nxpgk1o $DJT: More than 10 firms pay up to $100,000 a month for fast access to Truth Social posts More than 10 customers have signed up to Trump Media’s controversial service that offers faster access to market-moving posts made on its Truth Social platform. The service, Truth API, launched at the beginning of August and … Read more

Flock isn’t even the worst. Axon and Cellebrite will be even more of a problem.

Yes, Flock wants to turn Uber and Lift drivers into roaming surveillance platforms, but their static emplacements are easily seen and realistically easy to remove. Axon cameras will be mounted on existing governmental infrastructure (traffic/street lights, etc.) making it much more difficult to remove/disengage. Axon is also partnering up with an Israeli company called Cellebrite. … Read more

Video | Rand Paul visits Fort Knox.

The good news out of Fort Knox: the gold is still there. The bad news: since 1971, when we cut the dollar loose from gold, more than 85% of the dollar's value has vanishedhttps://t.co/AwNvuylFDo — Rand Paul (@RandPaul) August 11, 2026 I visited Fort Knox today. The dollar has lost 97% of its purchasing power … Read more