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Gold and Oil News - August 15, 2026 7:33
Seven PMs In Ten Years And FTSE Short Sellers Have Never Been Busier
Seven prime ministers in ten years. Seven. And people wonder why hedge funds are shorting everything with a UK listing. Burnham came in promising the biggest changes in 40 years and fair play he actually did something in week one.. scrapped sales tax on household electricity which is bold given the state of the public […]
China Bought 20 Tonnes Of Gold In July And Nobody Is Talking About It Enough
So China bought 20 tonnes of gold in July. Just casually. Twenty tonnes in one month which is the most theyve done since late 2023 and nobody seems to be making a big enough deal about this. June was 15 tonnes. The ETFs over there are seeing constant inflows. And this is at 4,400 an […]
Gold Breaks Lower and Platinum Followed
Gold had a proper rough week and theres no way of sugar coating it.. spot dropped to about 4,174 on Tuesday which is the lowest its been in two months and a full 25 percent below the January all time high of 5,589. The 200 day moving average broke for the first time since October […]
Wall Street Keeps Printing Records But Will It Turn?
Wall Street spent the first half of this week printing all time highs like its going out of fashion and honestly the whole thing feels a bit detached from reality at this point.. the S&P 500 closed above 7,600 for the first time ever on Tuesday hitting 7,609 which was its 24th record high of […]
Iran Didnt Need A Navy To Close Hormuz And Block Oil Exports
Iran’s been threatening to close the Strait of Hormuz for decades and everyone always said yeah but they never actually will, because their own exports go through it.. well turns out they didnt need to formally close it at all. A few drone strikes on tankers near the strait, a radio broadcast from the IRGC […]
Brent Smashes Higher As The Strait Of Hormuz Is Closed
Well that escalated, didnt it? Brent Oil was sat around $70 a barrel last Friday looking like it might drift lower and then the US and Israel went and bombed Iran over the weekend and everything changed. By Monday morning the Brent Oil price had gapped up 9 percent to nearly $80 and WTI wasnt […]
Bitcoin Bounces Off The Lows But Is That The Bottom?
What a week.. bitcoin started around 67 thousand looking like it might hold that range, then just fell apart on Tuesday dropping below 63k as tariff fears and Iran rhetoric spooked absolutely everyone. At one point it was down nearly 7 percent on the week, people were rattled about whether 60k would hold again after […]
Iran Talks Go Nowhere and Oil Price Shrugs
Oil prices had one of those weeks where they looked like they wanted to go somewhere then just.. didnt. Brent crude price finished around $68 a barrel down from nearly $70 the week before, the whole Iran situation has markets uncertain. Trump said the talks were going well Tehran called it a step forward, but […]
Stocks Hot After Jobs Data But CPI To Come
Another day on the stock market.. the FTSE100 managed to claw back about 20 points which doesn’t sound like much but after Tuesdays dip it was enough to keep things ticking along above 10,350. Miners had a real go of it with Rio up a couple percent and BP tagging along on some Middle East […]
Silver and Gold Keep Traders On Heat
Gold had a decent week and I think people are starting to forget how ugly things looked not that long ago. We were sat below $4,700 at one point after the Warsh selloff and now here we are back above $5,080 like nothing happened.. futures even poked above $5,126 on Wednesday morning which is the […]
Most Popular Content
- Seven PMs In Ten Years And FTSE Short Sellers Have Never Been Busier
- China Bought 20 Tonnes Of Gold In July And Nobody Is Talking About It Enough
- Gold Breaks Lower and Platinum Followed
- Wall Street Keeps Printing Records But Will It Turn?
- Iran Didnt Need A Navy To Close Hormuz And Block Oil Exports
- Brent Smashes Higher As The Strait Of Hormuz Is Closed
- Bitcoin Bounces Off The Lows But Is That The Bottom?
- Iran Talks Go Nowhere and Oil Price Shrugs


