from The Silver Market:
TRUTH LIVES on atΒ https://sgtreport.tv/
by Simplicius, Simplicius:
The latest WSJ report sheds new light on the origins of Trumpβs Iranian debacle, which confirms virtually everything we had already guessed:
It begins by describing how Netanyahu reassured Trump Iran was at its βweakest point in decadesβ, while Trumpβs own intel analysts via Gabbardβs DNI warned him that killing Khamenei would merely install much more hardline figures who would rush to close the Strait of Hormuz, amongst many other things which predicted the eventualities that ensued almost perfectly:
by Martin Armstrong, Armstrong Economics:

The European Central Bank is moving ahead with theΒ digital euroΒ and expects to begin a 12-month pilot during the second half of 2027. Thirty-six banks and payment providers have already been selected to participate, legislation is expected to be completed by the end of 2026, and the ECB intends to be ready for a potential first issuance during 2029. Brussels is spending approximately β¬1.3 billion to prepare the system, with projected operating costs of β¬320 million annually beginning in 2029, while pretending the final decision has not already been politically engineered.
from Soar Financially:
TRUTH LIVES on atΒ https://sgtreport.tv/
from ZeroHedge:

Submitted by Peter Tchir ofΒ Academy Securities
Letβs start with Treasuries. We laid out the approach we would take if we were Warsh last weekend in Warshβs Mark Antony MomentΒ (a play on coming to βburyβ inflation, yet having quite the opposite effect, at least in terms of interest rate policy).
After Bessentβs βattemptβ to drive bond yields lower, we analyzed the possibilities inΒ Treasury, Treasuries, The Fed, and Iran. The primary focus was on bonds, though we had to toss in the βpossibilityβ of Economic Armageddon for Iran.
by Michael Snyder, The Economic Collapse Blog:
We all knew that this was coming. For ages, people like me have been ranting that we would be facing a financial nightmare if we didnβt get the national debt under control. Of course most of the population didnβt want to listen, and they just kept sending big spenders back to Washington. Now we are 40 trillion dollars in debt and we are spending well over a trillion dollars a year just in interest on that debt. Nobody can deny that we have reached a stage where our debt spiral is totally out of control.Β The federal budget deficit for the month of July wasΒ 432 billion dollars. Interest on the national debt for the month of July wasΒ 118 billion dollars. Now Treasury yields are spiking as investors become hesitant to buy more of our debt. Borrowing costs are rising to very alarming levels, and we are in far more trouble than most people realize.
from ZeroHedge:

It took the US 200 years to reach its first $1 trillion in debt. It took 95 days to add its last.
AfterΒ several weeks of build up,Β today theΒ Treasury announcedΒ thatΒ total public debt surpassed $40 trillion for the first time,Β after jumping by over $60 billion in one day,Β and has now surged by $1 trillion in just over three months, and by a third of the total in less than five years, as US lawmakers continue to ignore calls to contend with historically wide fiscal deficits.
from Yak Motley:
TRUTH LIVES on atΒ https://sgtreport.tv/