BREAKING: US issues worldwide caution for Americans ‘due to heightened tensions in the Middle East’
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NEW: Aerial video from a plane over the Moscow region captures the massive Wildberries warehouse fire blanketing the sky above Moscow with dark smoke
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China is still quietly stockpiling gold:
China acquired +48 tonnes of gold in May via the London OTC market, the biggest monthly purchase in over a year, according to Goldman Sachs estimates.
This is 4.8x more than the official +10 tonnes reported by China's central bank for May.
Meanwhile, China's central bank officially added another +15 tonnes of gold in June, marking its largest monthly purchase in at least 2.5 years and its 20th consecutive month of reserve increases.
Year-to-date, China has officially raised its gold reserves by +40 tonnes.
Applying a more conservative 2.0x ratio to that year-to-date figure suggests China may have actually accumulated closer to ~80 tonnes of gold so far in 2026.
China's real gold purchases are far above what official figures suggest.
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China acquired +48 tonnes of gold in May via the London OTC market, the biggest monthly purchase in over a year, according to Goldman Sachs estimates.
This is 4.8x more than the official +10 tonnes reported by China's central bank for May.
Meanwhile, China's central bank officially added another +15 tonnes of gold in June, marking its largest monthly purchase in at least 2.5 years and its 20th consecutive month of reserve increases.
Year-to-date, China has officially raised its gold reserves by +40 tonnes.
Applying a more conservative 2.0x ratio to that year-to-date figure suggests China may have actually accumulated closer to ~80 tonnes of gold so far in 2026.
China's real gold purchases are far above what official figures suggest.
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SAVE ACT: The woman standing in the way of election integrity is Alaska Senator Lisa Murkowski. Time to primary her…
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Two US service members were killed in Jordan following an Iranian missile attack, while a third remains missing, raising the confirmed US death toll in the Iran war to 16
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2026 has been a historic year for well-diversified investment portfolios:
The Permanent Portfolio is on track to gain +16% in 2026, its best annual return in 30 years.
This strategy consists of equal weights of US stocks, 10-year Treasuries, commodities, and cash.
This comes as commodities are up +26% year-to-date, equivalent to an annualized gain of +54% while the S&P 500 is up +10%, or +20% annualized.
On the other hand, the 10-year Treasury bond price return is down -4% so far in 2026, equivalent to an annualized decline of -8%.
Commodities are becoming a key driver of portfolio returns.
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The Permanent Portfolio is on track to gain +16% in 2026, its best annual return in 30 years.
This strategy consists of equal weights of US stocks, 10-year Treasuries, commodities, and cash.
This comes as commodities are up +26% year-to-date, equivalent to an annualized gain of +54% while the S&P 500 is up +10%, or +20% annualized.
On the other hand, the 10-year Treasury bond price return is down -4% so far in 2026, equivalent to an annualized decline of -8%.
Commodities are becoming a key driver of portfolio returns.
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England
After recent events in Ireland where migrants are attacking people, we decided to repost this shocking footage from an incident last August in UK, to show people what’s really happening with migrants and their actions.
Please, young people in Ireland and UK be careful, these foreigners don’t play around. They don’t fist fight, they sta b and want to wipe our nations out.
If you can, please support our work:
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After recent events in Ireland where migrants are attacking people, we decided to repost this shocking footage from an incident last August in UK, to show people what’s really happening with migrants and their actions.
Please, young people in Ireland and UK be careful, these foreigners don’t play around. They don’t fist fight, they sta b and want to wipe our nations out.
If you can, please support our work:
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US small businesses are struggling with inflation:
In June, 21% of US small business owners reported inflation as their single most important business problem, the highest reading since October 2024.
This percentage has surged +10 points over the last 12 months.
By comparison, the reading peaked at ~36% in 2022 and at ~21% during the 2008 Financial Crisis.
As a result, the proportion of small firms that raised their average selling prices rose +2 percentage points in June, to 38%, the highest since January 2023.
This marks the 4th consecutive monthly increase and is more than double the long-term average of ~14%.
Price pressures are hitting US small businesses.
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In June, 21% of US small business owners reported inflation as their single most important business problem, the highest reading since October 2024.
This percentage has surged +10 points over the last 12 months.
By comparison, the reading peaked at ~36% in 2022 and at ~21% during the 2008 Financial Crisis.
As a result, the proportion of small firms that raised their average selling prices rose +2 percentage points in June, to 38%, the highest since January 2023.
This marks the 4th consecutive monthly increase and is more than double the long-term average of ~14%.
Price pressures are hitting US small businesses.
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CLOSED BORDERS: It is insane that Secretary Duffy had to change the rules to stop illegal aliens who don't speak english from driving big rigs. First, why are illegal aliens allowed to drive them in the first place. Second why is anyone regardless of status allowed to drive them if they don't speak english?
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