U.S.-Israeli Conflict Fuels Growing Asian Oil Desperation
Thanks to the U.S.-Israeli war on Iran, Asia is desperate for oil. AND THEY ARE GOING TO BECOME MORE DESPERATE. https://t.co/28Pmq8UCyZ
Rupee Slides 4.5% YTD, Hits All‑Time Lows
#IndiaWatch🇮🇳: The rupee has depreciated ~4.5% this year. Despite the RBI’s ongoing intervention, the rupee continues to visit ALL-TIME LOWS. Remember what Oscar Wilde wrote: “The chapter on the Fall of the Rupee you may omit. It is somewhat too sensational.”...
Defying Morgan Stanley: Gold Set for $6‑7k Peak
Morgan Stanley just cut its gold price forecast for the rest of 2026 from $5,700/oz to $5,200/oz. I DISAGREE. I stand with my prediction that gold's secular bull run will peak out at $6,000-$7,000/oz. BUY GOLD, WEAR DIAMONDS. https://t.co/alphqydMk9
Israel Breaches Ceasefire, Orders Heavy Strikes on Hezbollah
Earlier today, Netanyahu said, “I instructed the IDF ... to vigorously attack Hezbollah targets in Lebanon," At least 6 Lebanese were killed by Israeli strikes in the last 24 hours. ISRAEL = BREAKS CEASEFIRE, AGAIN. https://t.co/07jTME8EVT
Trump Admits No Plan for Iran Ceasefire
When Trump was asked about extending the ceasefire with Iran, he said, "I haven't even thought about it." TRUMP = NO PLAN. I DON’T THINK HE KNOWS WHAT THE WORD “PLAN” MEANS. https://t.co/BUCh3ZLOmP
Syria Drops From 3rd to 33rd in Misery Ranking
In Hanke’s 2025 Annual Misery Index, Syria ranks as the world’s 33rd MOST MISERABLE COUNTRY. In 2024, Syria was the 3rd most miserable country. Syria’s improvement largely resulted from a dramatic fall in inflation. https://t.co/pLhoz6YUzZ
Poland's Inflation Overshoot Linked to Excess Money Supply
Poland’s inflation is at 3.0%/yr in March. That’s ABOVE its 2.5% target. PL’s money supply (M3) is growing at 11.5%/yr, ABOVE Hanke's Golden Growth Rate of 8.8%/yr, a rate consistent with hitting its inflation target of 2.5%/yr. THE INFLATION STORY = A...
Burkina Faso Surges to 9th Happiest Nation in 2025
Surprisingly, in Hanke’s 2025 Annual Misery Index, Burkina Faso ranks as the 9th HAPPIEST COUNTRY IN THE WORLD. BFA witnessed a stunning improvement from the 62nd happiest in 2024 to 9th out of 178 countries. Low inflation, lending rates, and low unemployment...
70% of Americans Can't Afford Basics, Trump Vulnerable
A CBS News poll found that over 70% of Americans are STRUGGLING to afford essentials such as food, housing, and health care. AFFORDABILITY = TRUMP’S ACHILLES HEEL. https://t.co/75TfgjUhJ5
Iran Holds the Cards on Hormuz Strait
My take on @RT_com on who will ultimately control the Strait of Hormuz: "Either you run the show, or the show runs you. And in the case of the Strait of Hormuz, Iran will be running the show." IRAN = HOLDS THE...
All Commodities Set for New Supercycle Surge
My view in @KitcoNewsNOW on the RISE OF ALL COMMODITIES: "You want to be long all commodities... We are entering a SUPERCYCLE again." GOLD, SILVER, OIL, AND ALL COMMODITIES ARE GOING UP, UP, AND AWAY. https://t.co/Ueh1qw5VEn
Tariffs and War Drag US Consumer Sentiment to Record Low
The University of Michigan's consumer-sentiment index dropped to an all-time low. TRUMP'S TARIFFS & WAR MADNESS = BAD NEWS FOR THE US ECONOMY. https://t.co/k0nUUAnksC
Libya's Oil Boom and Currency Surge Amid US‑Israeli Conflict
Libya’s oil production JUMPED from roughly 400 thousand barrels a day in March to 1.43 million barrels a day in April. In the same time frame, the Libyan dinar has APPRECIATED by over 17% vs. the USD. LIBYA = BIG WINNERS OF...
Singapore’s Fuel Hub Doubles Russian Oil Imports Amid War
Singapore, the world’s biggest ship refueling port, TURNS TO RUSSIA FOR OIL. Oil imports from Russia have DOUBLED since the start of the US-Israeli war on Iran. RUSSIA = BIG WINNER. https://t.co/oBUnq9FGNS
Venezuela Still Holds World's Highest Inflation at 523%
#VNZWatch🇻🇪: Today, I measure Venezuela's inflation AS THE WORLD'S HIGHEST at a CRUSHING 523.5%/yr. That's down from a peak of 828.6%/yr on February 4th. YOU WON’T FIND THIS IMPORTANT STORY IN THE MAINSTREAM MEDIA. https://t.co/gLJoGHJDGp
War Sparks Global Hoarding of Gulf Supply Chains
As with all wars, the US-Israeli war on Iran has brought HOARDING back into fashion. Terrified of supplies being cut off from the Persian Gulf, nations are racing to build precautionary inventories. https://t.co/M7B9qN4okG
Money Supply Surge Outpaces Golden Growth, Fuels Inflation
My take on @PalisadesRadio on America’s inflation problem: "The US will have trouble getting the inflation genie back in the bottle because the money supply has been accelerating for 18 months, growing faster than Hanke's Golden Growth Rate." https://t.co/0f14uwnTFx
Fed and Central Banks Ignoring Money Supply Theory
My view in @KitcoNewsNOW on the Fed's DISREGARD for the Quantity Theory of Money: “The Fed doesn't look at changes in the money supply, & the Fed’s not alone. Most central banks discard the money supply." Central bankers should give Sekerke &...
Gold Bull Market Persists, Targeting $6‑7K per Ounce
My view in @KitcoNewsNOW on the STRENGTH OF GOLD: "The secular gold bull market is intact... I think the bull will peak out around $6,000 to $7,000 an ounce." STAY LONG GOLD or GET LONG. https://t.co/UzLL4ZBLh3
Iran's Hidden Tanker Fleet Keeps Oil Flowing Despite Pentagon Denial
While the Pentagon scrambles to deny it, Iran’s ‘dark fleet’ of tankers remains intact and is still moving oil. HANKE’S 95% RULE: 95% OF THE STATEMENTS FROM THE PENTAGON ARE EITHER WRONG OR IRRELEVANT. https://t.co/le11vToaZG
Eurozone PMI Drops to 3‑year Low, Economy Tanks
The Eurozone Composite Purchasing Managers’ Index (PMI) has just hit 48.6. That’s its lowest level in 3 YEARS. Due to the EU’s proxy war against Russia & the US-Israeli war in Iran, Europe is TANKING. https://t.co/lxE3Z7jMDu
Japan's Low Inflation Mirrors Sluggish Money Supply Growth
Japan’s inflation rate comes in at 1.5%/yr in March, BELOW its 2%/yr target. JP’s money supply (M2) is growing at 2.03%/yr, WELL BELOW Hanke's Golden Growth Rate of~6.07%/yr, a rate consistent with JP’s 2%/yr inflation target. THE INFLATION STORY = A MONEY...
Iran's Oil Sales Surge, Economy Strengthens Amid War
My take on @PalisadesRadio on why Iran is winning: "Since the US-Israeli war on Iran began, Iran has been selling more crude at HIGHER PRICES. Iran’s oil revenue has increased, the rial has appreciated, & inflation has come down." https://t.co/6yxURxFAlZ
Mearsheimer: Trump's Iran War Failed, Iran Controls Hormuz
Distinguished UChicago Prof. John Mearsheimer on how Pres. Trump's WAR OF CHOICE in Iran FAILED ON ALL COUNTS: “We've lost the war.. We failed on all counts, and on top of that, Iran now effectively controls the Strait of Hormuz.” https://t.co/LOncClnA83
Trump’s “Peace” Claim Masks Record War‑making
My take on @PalisadesRadio on WARMONGER Trump: "Trump advertises himself as a peace president. However, the US has engaged in military interventions in 7 different countries in the past year." That’s more WAR-MAKING in the first year of any president in history....
Trump’s Trade Policies Spark Heightened Commodity Demand
My take on @PalisadesRadio on why commodities are HOT: "Trump's tariffs and sanctions have disrupted the global movement of goods. There is risk and uncertainty as to what Trump will do next, and that increases a precautionary demand for commodities of...
Only 31% Chance of US‑Iran Peace Deal by May
According to @Polymarket, there is only a 31% chance of a US–Iran permanent peace deal by the end of May. TRUMP = FOREVER WAR = ANTI-MAGA. https://t.co/yzmYFnG1W9
Israel Kills Lebanese Journalist, Violating Ceasefire Agreements
Yesterday, Israel struck and killed ANOTHER prominent Lebanese journalist, Amal Khalil. ISRAEL = BREAKS CEASEFIRE AGREEMENTS = A REIGN OF TERROR. https://t.co/BCf7nC5xlV
Warsh Pushes Balance Sheet Shrinkage via QE Resolution Fund
As I wrote with Matt Sekerke in @WSJ, the new Fed Chair, Kevin Warsh, is CORRECT. He wants to SHRINK the Fed’s balance sheet. So do we. The only way to do it cleanly and rapidly is through the establishment of a...
Lufthansa Cuts 20,000 Flights Amid US‑Israeli Conflict
Lufthansa announced it would be forced to CUT 20,000 FLIGHTS as a result of the US-Israeli war in Iran. LUFTHANSA AND ITS PASSENGERS SHOULD SEND A BILL FOR DAMAGES TO TRUMP & NETANYAHU. https://t.co/8Rfx6sEPxM
Mearsheimer Claims Israel Pushes US to Wage War on Iran
Distinguished UChicago Prof. John Mearsheimer on Israel's REAL PLAN for Iran: "Israel wants us [the USA] to continue the war... Do what we did to Gaza in Iran - that's the view of the Israeli lobby." https://t.co/2XdZvcSD7P
Chinese Export Share Soars as US Tariffs Shift Demand
China’s share of global car sales jumped from 4.5% to 11.4%, and global sales of electronics JUMPED from 20.7% to 26.1%. The scope and scale of Chinese exports is SURGING. Thanks to Trump's tariffs, the world is pivoting away from made in...
Israel's Inflation On Target, Money Supply Grows Within Golden Rate
Israel’s inflation is 1.9%/yr in March. That's within Israel’s 1%-3%/yr target. Israel’s broad money supply is growing at 8.08%/yr, WITHIN Hanke's Golden Growth Rate of 7.7%-9.7%/yr, a rate consistent w/ Israel’s 1%-3%/yr target. THE INFLATION STORY = A MONEY SUPPLY STORY. https://t.co/vCdAIfLoB0
US Dominates South Korea with 75 Bases, Third‑largest Overseas Footprint
The US has 75 military bases in South Korea, the 3rd highest concentration of US foreign bases. In South Korea, Uncle Sam runs the show. https://t.co/A9l6MhQOa3
Sudan's Pound Plummets 36%, Ranks 4th Worst Globally
On this week's Hanke's #CurrencyWatchlist, the Sudanese pound ranks as the WORLD'S 4TH WORST CURRENCY. The pound has depreciated by 36% against the USD over the past year. https://t.co/1Z4zQZWauW
North Korea's Won Plummets 69%, World's 2nd Worst Currency
On this week's Hanke's #CurrencyWatchlist, the North Korean won ranks as the WORLD'S 2ND WORST CURRENCY. The won has depreciated over 69% against the USD in the past year. THE WON'S COLLAPSE REMAINS THE WORLD'S MOST UNDERREPORTED CURRENCY STORY. https://t.co/d4hUPUxkTp
IMF Adds 11 Conditions, Total 75, Deepening Pakistan's Debt Crisis
#PAKWatch🇵🇰: The IMF slapped 11 new conditions on Pakistan under its $7 BILLION bailout scheme. This brings the total number of IMF conditions to a WHOPPING 75. PAK = DROWNING IN DEBT = A SINKING SHIP. FREE IMRAN KHAN. https://t.co/BChtApWv3F
Venezuela’s Bolivar Plummets 84%, Calls for Dollarization
On this week's Hanke's #CurrencyWatchlist, the Venezuelan bolivar ranks as the WORLD'S WORST currency. The bolivar has depreciated by over 84% against the USD in the past year. VENEZUELA = NEEDS TO OFFICIALLY DOLLARIZE. https://t.co/UKq5yzjxYD
Trump’s War Tactics Alienate Key Asian Allies
My take on the Trump's war strategy on @MarioNawfal: "Indonesia, South Korea, Japan, Philippines, and India are under the gun. The US-Israeli war has imposed massive costs on them. Now they are pivoting away from the US." TRUMP = A MASTERCLASS IN HOW...
France Faces €6 Billion Cost From US‑Israeli Iran War
As reported by the respected French newspaper Le Monde, French PM Lecornu announced that the US-Israeli war in Iran will cost France AT LEAST €6 BILLION. FRANCE SHOULD SEND A BILL FOR DAMAGES TO TRUMP AND NETANYAHU. https://t.co/00rdeVnADi
Iran's Oil Stockpile Bypasses US Blockade, Sales to China Persist
My take w/ @WallStBullion on the US blockade of the Strait of Hormuz: "Iran has ~180m barrels of oil floating outside the Strait. Even with the US blockade, revenue from oil sales will keep flowing into Iran. Iran will be able...
UK Consumer Confidence Falls to 33‑month Low
Reuters reports that the UK consumer confidence index has slid to 42.3, the lowest in 33 months. RUSSOPHOBE STARMER IS CAPTAINING A SINKING SHIP. https://t.co/csiMRSlqnp
Oil Prices Set to Surge After Gulf Shipments End
My take w/ @WallStBullion on why OIL is about to SPIKE: "By the end of April, all pre-war Gulf oil shipments will be delivered. Then, oil prices will spike again. Soon, the paper market will be mugged by reality & converge.” STAY LONG...
Gold Bull Run Set for $6‑7K Amid US Policy Fear
My take with @WallStBullion on why the GOLD BULL is here to stay: "Gold will peak out at $6,000-$7,000/oz. People are worried erratic US policy. They don't want to get trapped in the dollar system for fear of sanctions. So they...
RBI's Liquidity Flood Drives Rupee Sharply Lower
#IndiaWatch🇮🇳: The Reserve Bank of India is DIGGING A HOLE for the rupee. After years of tight management, now the RBI is FLOODING India with liquidity and the rupee is tanking. https://t.co/fy7Uowe3o2
South Africa Leads BRICS in Misery, 7th Globally
In Hanke’s 2025 Annual Misery Index, South Africa ranks as the MOST MISERABLE COUNTRY in BRICS, and the SEVENTH MOST MISERABLE country in the world. SA’s unemployment of 32.5% is a KILLER. SOUTH AFRICA = TANKING. https://t.co/YPUnYLBqeP
Ukrainian Drone Strikes Russian Tuapse Oil Refinery, Killing One
Ukraine continues to target Russian oil facilities. Last night, a Ukrainian drone hit an oil refinery in Tuapse, Russia, resulting in significant damage. Reuters reports that at least one person was killed. https://t.co/uMGk8uMXm0
Refinery Fire Erupts Before Modi Inauguration, Confirming Hanke's Theory
Today, a fire broke out at the Pachpadra refinery in Rajasthan, India. The blaze comes just one day before PM Modi was set to inaugurate the project. Just more confirmation of Hanke's Schoolboy Theory of History: It's just one damn thing after...
UAE's US Backstop Request Reveals Hidden War Fallout
The WSJ reports that the UAE has requested a US financial backstop. As a former member of the UAE's Financial Advisory Council (2008–14), it’s clear to me that the UAE’s request signals that the collateral damage from the US-Israeli war on...
Unending Iran War Could Stall Global Growth to Zero
My take on what would happen to world economic growth if the Iran war continues unabated @MarioNawfal: "My guess is that world growth would sink from the IMF projected 3.1%/yr to pretty close to zero, maybe even negative." FOREVER WARS = FROM...