Gold and Silver Just Got a Reality Check - GoldSilver
Source: GoldSilver
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DW NOTE
Gold fell 16% from its January high. Silver fell 42%. Oil jumped 9% this week but remains 20% below its year peak — despite the Strait of Hormuz being closed for 189 days. Markets don't care about supply shocks when demand is collapsing.
EM debt fares well amid US Treasury selloff - EnterpriseAM
Kuwait’s crude oil exports have rebounded to about 1 million barrels per day (bpd), recovering to two-thirds of the 1.6 million bpd shipped through the Strait of Hormuz before the Iran war, according to a senior official at state-owned Kuwait Petroleum Corporation (KPC). Kuwait has managed to ramp u
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