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Gold erases gains as hopes for an imminent US-Iran deal fade. What's next?
Gold rallied strongly in the final part of last week on expectations of an imminent US-Iran deal. The catalyst that started the rally was an Axios report on Thursday saying that US and Iran had reached a 60-day memorandum of understanding (MoU) and the agreement required final approval from Trump. We got another impulse higher on Friday after Trump announced on Truth Social the lift of the US naval blockade and a "final determination" on a broader agreement to follow shortly in the White House Situation Room. Gold started to give the gains back after the New York Times reported that Trump did not reach a decision ... (full story)
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IRAN STOPS MESSAGE EXCHANGE WITH THE US IN PROTEST AGAINST ZIONIST CRIMES In Light Of The Continuation Of The Crimes Of The Zionist Regime In Lebanon And The Fact That Lebanon Was One Of The Preconditions For The Ceasefire And That The Ceasefire Has Now Been Violated On All Fronts, Including Lebanon, The Iranian Negotiating Team Is Suspending "Talks… Iran's Tasnim News: There will be no talks until Iran's demands on cessation of Israeli operations in Lebanon and Gaza are met. Axis of resistance to activate all fronts - Tasnim TASNIM: THE RESISTANCE FRONT AND IRAN HAVE SET THEIR AGENDA TO COMPLETELY BLOCK THE STRAIT OF HORMUZ AND ACTIVATE OTHER FRONTS, INCLUDING THE BAB EL-MANDEB STRAIT - RTRS
Iran really wants to make a deal, and it will be a good one for the U.S.A. and those that are with us. But don’t the Dumocrats, and various seemingly unpatriotic Republicans, understand that it is MUCH tougher for me to properly do my job and negotiate, when political hacks keep negatively “chirping,” at levels never seen before, over and over again, that I should move faster, or move slower, or go to war, or not go to war, or whatever. Just sit back and relax, it will all work out well in the end - It always does! President DJT
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