The gold fell in a single day, 7%. The war didn't save him. Rewire News Evening

Gold falls by 7.2 per cent to $4,551, silver falls by 13.9 per cent to $66.93. In the 20th day of the Middle East war, risk-free assets did not rise or fall, the dollar went strong + inflation expectations + liquidity austerity was redefining the term “security”。

One gold drop, seven percent, silver drop, 14 percent, and the logic of risk avoidance fails during the war

GOLD FELL ON A SINGLE DAY FROM $310 TO $4,551 OUNCES (-2.2 PER CENT) AND SILVER FROM $77.77 TO $66.93 (-13.9 PER CENT). IT'S THE SIXTH CONSECUTIVE DAY OF THE GOLD TRADE, AND IT'S THE LONGEST ONE SINCE THE END OF 2024. THE NORMAL LOGIC IS THAT WAR PUSHES HIGH-RISK ASSETS, BUT THIS ROUND IS NOT THE SAME: THE DOLLAR INDEX IS STRONG (DXY + 0.4 PER CENT), THE RATE OF RETURN ON UNITED STATES DEBT IS UP, THE INFLATION EXPECTATIONS OF HIGHER OIL PRICE SHOCKS ARE TURNING THE FED PIGEONS INTO HOPELESS, AND FUNDS ARE WITHDRAWN FROM PRECIOUS METALS TO DOLLAR CASH. AT THE BEGINNING OF FEBRUARY, CME HAD INCREASED THE GOLD DEPOSIT FROM 6 PER CENT TO 8 PER CENT, SILVER FROM 11 PER CENT TO 15 PER CENT, AND LEVERAGE HAD CONTINUED TO SQUEEZE OUT. ON THE SURFACE, THERE WAS A COLLAPSE OF GOLD AND SILVER, AND ON THE BOTTOM, WHEN INFLATION AND WAR COINCIDED, THE PRICE-FIXING POWER FOR HEDGE ASSETS SHIFTED FROM FEAR TO INTEREST RATES。

(Source: Fortune/CNBC/24/7 Wall St.)

Israel hit the largest gas field in the world, and Iran began to bomb the Gulf Energy Facility

Israel coordinated with the United States to strike Iran's South Pars gas fields. This is not an ordinary military target, South Pars shares the same geological formation with North Field of Qatar, which supplies 20% of the global LNG. WTI crude oil station with $97, Dubai crude oil broke $150 to record highs. Iran immediately released the strike list, naming the Saudi Arabian Samref refinery, the Jubail petrochemical complex and the United Arab Emirates Al Hosn gas field, all of which were reported to have been attacked. The IEA released the largest emergency reserve ever, 400 million barrels, and the United States added 172 million barrels to the SPR, but it has almost no inhibition on prices. Wars are escalating from closures to the destruction of productive capacity, and the global energy reserve system is almost powerless。

(Source: Fortune / Al Jazeera / CNBC)

Anthropic's security line is defined as a national security risk

The Ministry of Defense has filed a counter-argument in the Federal Court of California on 40 pages, with the central argument that Anthropic may have “intended to ban its technology or pre-modify model behaviour” during the operation. The morning paper covered 150 retired judges supporting Anthropic's opinion. Tonight's increase is the official Pentagon response, which renamed the ethical position of an AI company a supply chain risk. In the same week, the Pentagon signed successively with OpenAI and XAI. The hearing on 24 March will answer an unprecedented question as to whether the supplier can impose conditions on military use or whether the military has the right to demand unconditional access。

(Source: TechCrunch / Washington Express)

4 |Crypto.com Retrenchment 12%, encryption began replacing manpower with AI

Cripto.com announced the abolition of about 180 people, or 12% of the total workforce, and the CEO's claim that he was not fit for our new world will be cancelled. This is not a case. Over the past two weeks, Jack Dorsey has been downsized by almost 40 per cent and announced a full-scale shift to AI, Gemini by 25 per cent. On the surface, the next step in the industry is cost optimization, and on the bottom, the encryption exchange is moving from the "employer expansion" model to the "AI replacement + streamlined core team" model, not the marginal job, but the entire middle. When the three head exchanges simultaneously use the same reason for layoffs, this is no longer the choice of individual companies, but rather the structural transformation of an industry。

(Source: Bloomberg)

The next day, the U.S. stock fell and the triple pressure was tightened

Pump 500 fell to 6,588 (-0.55 per cent), the dots dropped to 45,902 (-0.70 per cent) and the natex dropped to 0.73 per cent. Europe fell even more, Germany DAX fell 3 per cent, and Stoxx 600 fell 2.76 per cent. Two days down the road means cumulatively over 1,200 points. The source of the pressure is not a single event, but a simultaneous tightening of the three lines. The Eagle Fed (at a rate of 3.5 per cent to 3.75 per cent) blocked the expectation of a reduction in interest rates by standing by, schematic 7:7 split. Oil price shocks (WTI $97, Dubai $150) pushed up inflation expectations. PPI 0.7 per cent (anticipated twice) confirms that supply-side inflation is accelerating. On the surface, the market is falling, and on the bottom are three types of pressure that usually do not occur simultaneously, leaving the funds unsafe。

(Source: 24/7 Wall St. / Yahoo Finance)

And it's worth knowing, Zoo

THE CENTRAL BANK OF JAPAN MAINTAINED INTEREST RATES AND INCREASED ITS INFLATION RISK ASSESSMENT TO THE "UP" LINE. BOJ LISTED THE ENERGY SHOCK OF THE IRANIAN WAR AS A KEY UNCERTAINTY. THIS WEEK, THE WORLD’S MAJOR CENTRAL BANKS COLLECTIVELY CHOSE TO WAIT FOR A CLEAR PATH OF TRANSMISSION OF OIL PRICE SHOCKS. (SOURCE: CNBC)

Apple Gemini driven Siri's big recast target was released this month with iOS 26.4. Apples pay about $1 billion a year to Google, using the Gemini model of 1.2 trillion parameters, white sign integration, and users will not see Google brands. Apple chose to abandon the direct outsourcing of the self-study model, which was an industry division of labour signal. (Source: CNBC / TechCrunch)

THE PRICE OF GASOLINE IN THE UNITED STATES ROSE BY $0.80 A MONTH, WITH DIESEL APPROACHING $5 GALLONS. THE ENERGY SHOCK IS BEING TRANSMITTED FROM FINANCIAL MARKETS TO CONSUMPTION, SUPERSEDING POWELL'S "INFLATION BELOW EXPECTATIONS" AND ADDING TO THE CHAIN OF EVIDENCE FOR STAGNATING NARRATIVES. (SOURCE: NPR / AAA)