SPOT #GOLD ERASES THIS YEAR’S GAINS AS JOBS FUEL FED-HIKE BETS
#StockMarket Today: Dow, S&P 500 and #Nasdaq retreat as semiconductor stocks head for worst day of 2026
#BITCOIN: $62B IN TREASURIES ERASED
Keep in mind: #Iran reports that recent discussions with the U.S. regarding a potential short-term peace deal have resulted in minimal tangible progress.
#IranWar#usiran#usisraeliran
As @POTUS has made clear, the United States Navy will continue the blockade of Iranian ports. In a matter of days, Kharg Island storage will be full and the fragile Iranian oil wells will be shut in. Constraining Iran’s maritime trade directly targets the regime’s primary revenue lifelines.
The @USTreasury will continue to apply maximum pressure through Economic Fury to systematically degrade Tehran’s ability to generate, move, and repatriate funds.
Any person or vessel facilitating these flows—through covert trade and finance—risks exposure to U.S. sanctions.
We continue to freeze the funds stolen by the corrupt leadership on behalf of the people of Iran.
🟢 @tether launches @tetherwallet, a self-custodial wallet supporting #Bitcoin, USD₮, and gold with gasless transfers and human-readable addresses.
https://t.co/6Vkho8pTpR
Another analyst sees my point of view.
“#Gold used to be a good hedge against market pullbacks, but that's no longer the case” – @robin_j_brooks , Senior Fellow at the Brookings Institution and former Chief Economist at IIF & Chief #FX Strategist at Goldman Sachs
#follow
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Gold ’s dramatic selloff during the #IranWar#war has weakened its status as a defensive hedge in #investor portfolios, and investors should instead treat #gold as an investment asset, according to Tai Hui, chief market strategist, Asia Pacific at @jpmorgan Asset Management.
Netanyahu at a cabinet meeting: "I spoke yesterday with Vice President J.D. Vance. He called me from his plane on his way back from Islamabad. He reported to me in detail, as this administration does every day, about the development of the negotiations. In this case, the explosion in the negotiations. The explosion came from the American side, which could not tolerate Iran's blatant violation of the agreement to enter the negotiations. The agreement was that they would cease fire, and the Iranians would immediately open the gates. They did not do that. The Americans could not accept that. He also made it clear to me that the main issue on the agenda for President Trump and the United States is the removal of all enriched material, and ensuring that there is no more enrichment in the coming years, and that could be in decades, no enrichment within Iran. That is their focus, and of course it is also important to us."
BREAKING: President Trump is looking at resuming "limited military strikes" in Iran in addition to the US blockade of the Strait of Hormuz, per WSJ.
Details include:
1. Trump could also resume a full-fledged bombing campaign, though officials said that was less likely
2. Trump could also seek a temporary blockade while he "pressures allies" to take responsibility for a prolonged military escort through the Strait of Hormuz in the future
3. Trump "remains open" to a diplomatic solution, aides said, even as he promised the blockade and threatened again to target Iran’s infrastructure
4. “I would hate to do it, but it’s their water, their desalinization plants, their electric-generating plants, which are very easy to hit,” Trump said
US oil prices are surging above $105/barrel.
IRAN ON FAILED TALKS WITH THE US IN PAKISTAN:
"The American enemy, which is vile, wicked and dishonest, attempted to achieve on the negotiating table what it could not achieve through war. Iran has decided to reject these terms and continue the sacred defense of its fatherland by any means necessary, military or diplomatic."
Markets will react to the news in 10 hours.