Bill’s Commentary:

“Not good”

Russia evacuates diplomats’ families from Venezuela as US seizes oil tankers

Russia’s Foreign Ministry has begun evacuating the families of diplomats from Venezuela, a European intelligence official told AP on Monday, as the United States pursues its third sanctioned oil tanker in the Caribbean and President Donald Trump convenes senior national security officials at his Mar-a-Lago resort.

The evacuations, which started Friday and include women and children, come as Russian officials assess the situation in Venezuela in what the intelligence source described as “very grim tones.” The withdrawals signal heightened concerns about stability in the South American nation as the Trump administration escalates its four-month pressure campaign against President Nicolas Maduro’s government.

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Bill’s Commentary:

“Reemerges? Who are they kidding? Gold is money, period! Fiat once was gold’s derivative, now backed by nothing but promises that were always lies…”

Gold and silver prices soar to new highs as the yellow metal reemerges as a hedge

Gold and silver prices soared to new highs on Monday.

Gold futures or February delivery settled 1.9% higher at $4,469.40 per ounce, after hitting a record of $4,477.7 per ounce. Spot gold was up 1.99% to $4,440.26 per ounce. Prices are up nearly 70% since the start of the year.

The metal has soared this year, smashing consecutive price records as risk assets lost ground. Gold is typically viewed as a safe haven asset in times of economic or geopolitical turbulence.

Silver typically tracks gold, and was last seen at a record $68.96 per ounce while spot silver was last trading at $68.98. Prices have gained 128% since the start of the year.

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Bill’s Commentary:

“Some interesting Erik!”

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