Warning for Gold Investors

Don’t be panicked but keep close watch on the commodity market, especially gold. The precious metal has rallied more than 10% this month, but took a breather after reaching another record early Tuesday, last trading day of the month. The prospect of an imminent United States government shutdown added to the metal’s appeal as a safe haven investment. Vice President JD Vance pinned the blame for the potential shutdown on the Democrats one day before federal funding is set to lapse. Meanwhile, federal agencies are preparing plans that call for temporary furloughs but not permanent mass firings.

Trump-Netanyahu Peace Plan: Ceasefire or Trap

The Trump–Netanyahu meeting in New York was staged as a diplomatic triumph. Cameras clicked, statements flowed, and a so-called historic deal was announced. Israel has formally endorsed Trump’s 20-point Gaza peace plan, but beneath the fanfare lies a script written as much for domestic politics as for genuine peace.

At the heart of the plan are four pillars: 1) an immediate ceasefire if accepted, 2) release of hostages within 72 hours, 3) a phased Israeli withdrawal, and 4) disarmament of Hamas. On paper, this sounds like a path out of a devastating war. In reality, it looks more like an ultimatum dressed as diplomacy.

The governance structure proposed is even more telling. Gaza would not return to the Palestinians in any meaningful sense but be handed over to a technocratic committee under international oversight. A “Board of Peace” chaired by Trump—flanked by international figures like Tony Blair—would supervise the transition. Hamas, the very power broker in Gaza, is not only excluded but delegitimized entirely. This is less a peace plan than a regime-change blueprint.

The Trump–Netanyahu warning was clear, Hamas must accept the plan “the easy way,” or Israel—with full American backing—will impose “the hard way.” This is not mediation; it is coercion.

For Netanyahu, who faces political vulnerability at home, US cover for renewed aggression is a golden ticket. For Trump, the deal enhances his image as a global dealmaker ahead of a bruising election cycle.

Yet the glaring omission remains Palestinian statehood. By skirting this fundamental issue, the plan buys short-term tactical gains but undermines any sustainable settlement.

Arab capitals, from Cairo to Doha, understand that without Hamas’ consent, the blueprint collapses under its own weight. No technocratic committee or international board can govern Gaza in defiance of its most powerful actor.

Trump and Netanyahu call this peace. In truth, it is a gamble - either Hamas yields, or Gaza is marched toward another round of bloodshed under international applause.

Far from solving the conflict, the deal risks deepening it. A plan that sidelines one side while empowering the other is not peace—it is merely the pause before the storm.

Global Sumud Flotilla approaching Gaza

According to media reports, an international aid flotilla is approaching the Gaza Strip in a bid to break an Israeli blockade on the Palestinian enclave.

“We are 570 kilometers (307.7 nautical miles) away from reaching Gaza,” the International Committee for Breaking the Siege on Gaza said on X.

Tony La Piccirella, an Italian activist from the Global Sumud Flotilla, said in a video statement that they will reach on Tuesday the point that Madleen and Handala aid ships had been intercepted by Israeli naval forces in previous attempts to lift the Israeli siege and deliver humanitarian aid.

On July 26, Israeli naval forces intercepted the Handala aid ship as it neared Gaza’s shores and escorted it to Ashdod Port. The vessel had reached about 70 nautical miles from Gaza, surpassing the distance covered by the Madleen, which made it 110 miles before it had been stopped.

A group of activists joined the Global Sumud Flotilla from the Mediterranean on Monday, and two more boats are joining from the Greek Cypriot Administration and Turkey. The biggest ship of the flotilla will set sail on Tuesday with 100 on board, the activist said.

La Piccirella said in addition to Italian and Spanish navy vessels that provide protection for the flotilla, three more countries are considering sending more military vessels, without revealing the names of these countries.

“So, it's getting bigger. And it's not about us, about the Global Sumud Flotilla. It's like a movement with hundreds of people at sea and millions of people on land, and it's not stoppable until the siege is broken,” he said.

The Global Sumud Flotilla, made up of about 50 ships, set sail earlier this month to break Israel’s blockade on Gaza and deliver humanitarian aid, particularly medical supplies, to the war-ravaged enclave.

Since March 02, Israel has fully closed Gaza’s crossings, blocking food and aid convoys and deepening famine conditions in the enclave.

The Israeli army has killed over 66,000 Palestinians, most of them women and children, in Gaza since October 2023. The relentless bombardment has rendered the enclave uninhabitable and led to starvation and the spread of diseases.

 

 

Israel’s Obsession with Iran: Supremacy, Not Survival

Israel presents its confrontation with Iran as a fight for survival. It propagates Tehran seeks its destruction, and therefore preemptive action is necessary. Yet behind this rhetoric lies a harder reality—Israel’s true concern is not annihilation but the erosion of its strategic supremacy.

At the center of this tension is Iran’s nuclear program. Israel is the Middle East’s only nuclear power, though it never admits it officially. For decades it has enjoyed this monopoly as the ultimate insurance policy.

Iran, even without a bomb, is branded an existential menace. What alarms Tel Aviv is not that Tehran would attack with nuclear weapons, but that a nuclear-capable Iran would undermine Israel’s unrivaled leverage. In other words, it is not fear of destruction, but fear of parity.

The second driver is Iran’s support for resistance groups. Hezbollah in Lebanon, Hamas and Islamic Jihad in Gaza—these are not armies that can topple Israel, but they have repeatedly punctured its aura of invincibility. Each rocket barrage, each fortified position along the border, is viewed in Tel Aviv as an extension of Iranian influence, shrinking Israel’s space for unchecked action.

Ideology intensifies the clash. Iran refuses to recognize Israel, while Israeli leaders—from Netanyahu onward—frame Tehran as the new Nazi Germany. This absolutist narrative forecloses compromise and justifies covert assassinations, cyber sabotage, airstrikes in Syria, and endless lobbying for harsher sanctions.

The deeper layer is geopolitical. Among Middle Eastern states, only Iran possesses the population, resources, and regional reach to contest Israel’s dominance. Neutralizing Tehran means securing Israel’s role as the region’s undisputed military power—backed by Washington, tolerated by Arab monarchies, and free to redraw the political map to its liking.

Israel’s Iran obsession is not about survival. It is about ensuring that no other state can balance its power. By disguising this pursuit of supremacy as self-defense, Israel sustains a cycle of hostility that makes genuine peace impossible.

The world buys the existential threat narrative, but the truth is starker - Israel seeks not containment of Iran, but its permanent crippling.

 

Crude oil prices drifting down

Crude oil—the world’s most political commodity—is drifting down again. Markets that once trembled at the whisper of war or an OPEC decree are today unimpressed. Prices are slipping not because the world is safer, but because supply is running ahead of demand, and no cartel seems willing—or able—to hold back the flood.

The immediate triggers are clear. The resumption of Kurdish crude exports has added barrels back to an already saturated market. OPEC Plus, once a disciplined enforcer of scarcity, is instead edging up production to defend market share. Add to this the steady increase in US output, and the result is an unmistakable surplus. In Washington, reports of rising crude stockpiles reinforce the perception that inventories will keep swelling into 2026.

Demand is hardly roaring either. The end of the US summer driving season has clipped consumption, while China—the world’s most important incremental buyer—remains stuck in an uneven recovery. India, though growing fast, cannot absorb the excess.

Analysts now project that inventories will rise by more than two million barrels per day through early next year. In oil economics, that is the equivalent of a slow-motion glut.

Layered on top is the dollar’s strength. Every tick upward in the greenback makes oil more expensive for non-US buyers, further cooling appetite. And unlike past cycles, geopolitical flashpoints—sanctions on Iran, Russia’s war economy, Middle East tension—have not translated into major supply disruptions. Traders, ever cynical, now discount the “risk premium” that once propped up prices.

The real story is structural. Oil is losing its tightrope balance between scarcity and abundance. Producers are pumping more aggressively, while demand faces limits from efficiency gains and a global economy weighed down by debt and weak growth.

Unless OPEC Plus suddenly reverses course or a geopolitical shock knocks supply offline, the path of least resistance for oil is downward.

For consumers, cheaper fuel may feel like relief. For producers, especially those whose budgets depend on oil, it is a creeping crisis. And for the global system, it is a reminder the age of automatic oil windfalls is over, and volatility is the new name of the game.

 

MAGA and Nazism: A Disturbing Comparison

Donald Trump’s “Make America Great Again” (MAGA) slogan has, for millions of Americans, become a rallying cry for patriotism, pride, and national revival. But peel back the red caps, the rallies, and the rhetoric, and one cannot help but be reminded of the echoes of Hitler’s National Socialism (Nazism) in 1930s Germany. While history never repeats itself in the same form, it often rhymes. MAGA and Nazism may be separated by geography, time, and context, yet the patterns of politics of resentment, identity, and exclusion are hauntingly similar.

Is MAGA just politics, or is it an early verse in a dangerous rhyme of history?

Both Trump and Hitler rose from discontent. Hitler exploited post–World War I humiliation, economic despair, and national insecurity; Trump harnessed the frustration of a middle America alienated by globalization, immigration, and cultural liberalism. Both channeled that anger not toward solutions, but toward scapegoats — Jews and minorities in Nazi Germany, immigrants, Muslims, and “global elites” in Trump’s America.

The rhetoric of victimhood is another striking parallel. Hitler constantly reminded Germans they were betrayed by “traitors” and cheated by the world. Trump, in turn, insists that America has been “stabbed in the back” by foreign nations, immigrants, and even domestic institutions — media, courts, and his political opponents. The cry of “America First” is less about revival than about us-versus-them tribalism.

Though, MAGA has not built concentration camps or embarked on genocide. But the infrastructure of hate is disturbingly familiar - demonization of minorities, delegitimization of institutions, glorification of strongman rule, and calls to suppress dissent. Nazism began not with gas chambers but with words, slogans, and rallies that normalized extremism — precisely where MAGA thrives today.

Critics may argue that comparing Trump to Hitler is alarmist. Yet democracies don’t collapse overnight; they are chipped away, one “movement” at a time. MAGA, like Nazism, cloaks itself in the flag, promises restoration of greatness, and scapegoats the vulnerable. The lesson of history is clear: when leaders weaponize nationalism and fear, the road to authoritarianism is short and perilous.

Arab Silence on Iran Sanctions: Hypocrisy at Its Peak

When Western powers tighten the noose of sanctions on Iran, one would expect Muslim nations—bound by faith and shared history—to object. Yet the Arab capitals remain silent, some even nodding in approval. Why? Because geopolitics has conveniently buried the idea of the Ummah.

For decades, Arab regimes have painted Iran not as a fellow Muslim state but as a sectarian rival, a destabilizing Shia power encroaching on their Sunni domains. From Hezbollah in Lebanon to the Houthis in Yemen, Tehran’s fingerprints unsettle Arab rulers. For them, US-led sanctions are not injustice—these are containment.

Add to this the dependency on Washington. The Gulf monarchies thrive on American protection, arms, and trade. To defy US diktats is to risk the very foundations of their security. So they remain mute, even when sanctions cripple ordinary Iranians.

These same states cry foul over Palestine, condemn Western double standards in Gaza, and rally Muslim solidarity—only to abandon it when it comes to Iran. The truth is simple - Arab rulers see a weakened Iran as good for oil markets, good for their regimes, and good for their new friends in Tel Aviv.

Sanctions on Iran are discriminatory, yes. But the bigger betrayal is the silence of Arab leaders who claim to defend Muslim dignity yet quietly cheer when one of their own is strangled.