Earlier this week we featured commentary on a disturbing viral photograph: IDF Under Fire After Troops Caught Destroying Statue Of Jesus With Sledgehammer.

The destruction of the statue took place in the Maronite Christian village of Debel, which is roughly 54 miles to the southeast of Beirut and situated just north of the border between Lebanon and Israel.

Since the onset of the war Israel began waging against Iran in March, Debel has come under heavy fire after a second front was created against Lebanon when the IDF resumed attacks against Hezbollah – and as Hezbollah began once again lobbing missiles into northern Israel.

The demographics of the village are almost entirely Christian, with 99.5% of registered voters adhering to the Christian faith, over 92% of whom are Maronite Catholics. In the 20th century, Christianity – made up chiefly of Lebanese Catholic and Eastern Orthodox believers – was actually the majority demographic of the small Mediterranean country.

At this point, Islam is a slight majority, but Christianity is still the most sizeable minority, also with the Lebanese President being a Christian along with top officials. But most of the American public remains ignorant of just how large and visible the ancient Christian communities of the Middle East remain, with many Westerners in general falsely assuming the whole of the Levant is somehow just “the Muslim world.”

Increasingly, outlets like Fox News have begun to little by little acknowledge the suffering of Lebanese and Palestinian Christians as Israel’s multi-front wars grind on. And this is why it is now such a sensitive issue for the Netanyahu government, which has already long ago lost the support of Tucker Carlson and some other big conservative names, even including some Christian leaders.

As of Tuesday, the Israel Defense Forces (IDF) said the soldier who struck the statue of Jesus with a sledgehammer, along with the soldier who photographed the incident, will receive 30 days of military detention. They will also be “removed from combat duty” following an inquiry – though there’s no indication they will be fully discharged from the army.

Prime Minister Benjamin Netanyahu in the aftermath of the photo circulating said he was “stunned and saddened” by what happened. The IDF in turn expressed “deep regret over the incident” – with the military also saying troops had replaced the damaged statue “in full co-ordination with the local community” shortly afterward.

But despite all of this public relations ‘clean-up’ – the tragic reality that remains is that Lebanese, Palestinian, and Syrian Christians will continue to die.

Authored by Victor Davis Hanson via American Greatness,

The Left’s political imagination builds heroes, villains, and entire histories untethered from reality, substituting narrative for fact until it collapses under scrutiny.

Pseudo-Heroes

It is difficult to determine whether the bizarro worldview of the current Democrat-media nexus can simply be attributed to either its generic Trump Derangement Syndrome or the attendant Wile E. Coyote/Roadrunner obsessive/compulsive disorder. But the crazy world of the Left increasingly bears scant resemblance to reality.

In this alternate universe, Eric Swalwell was a liberal icon and invaluable asset for years, though admittedly a bit randy and occasionally a serial sexual predator—a fact that the man himself made little effort to hide.

Maine Senate candidate Graham Platner was, at last, the Left’s “real thing,” the white working-class liberal stiff who could win back the hoi polloi—although he couldn’t get his story straight on whether his Nazi tattoo was an accident or supposed proof that he was brainwashed into Nazism by the toxic US military.

Tim Walz was also hailed as the Left’s Mr. Everyman, a truck-driving street fighter, although he is now in anti-American socialist Spain, at a time of war, libeling his own country and American soldiers as being in the service of a fascist cause.

Jeffrey Epstein was allegedly a mere eccentric autodidact, wannabe insider, and generous party host, though a bit too eager to use his girls to buy his way into liberal academic and intellectual circles.

Sam Bankman-Fried was a lovable genius gadfly, a billionaire slob, but with a big and timely checkbook for radical causes.

Jussie Smollett was to be the next George Floyd rallying cry, if only his ridiculous lies were not so ridiculous.

And George Floyd—multi-felon, ex-convict, past home invader who once stuck a pistol in a woman’s stomach, arrested while passing counterfeit bills, high on drugs, and resisting arrest—became the innocent martyr who died at the hands of diabolical, murderous police and set America afire.

Erasing Joe Biden

Along with such a pantheon, somehow the Democrat borg also fantasizes that the historic legacy of the Biden years has been squandered by Trump—as if the country suffers from collective amnesia.

But any sane person knows that Biden served as a waxen effigy, puppeteered by the radical Left to serve as a moderate veneer over the most radical agenda in modern memory.

In just four years, Biden’s handlers obliterated the southern border, admitting 10–12 million unvetted aliens, including an estimated 500,000 criminals, apparently as a demographic booster shot for their otherwise unpopular agendas.

Almost daily, we read of Americans assaulted, raped, and murdered by illegal aliens—stories almost always smothered in the left-wing media.

Rampant multibillion-dollar theft of US entitlement money by foreign nationals or recently naturalized citizens from Minneapolis to Los Angeles is also daily fare. The nihilistic Biden years of open borders have cost the nation untold amounts in blood and treasure. Yet the Left’s answer is to attack ICE officers attempting to enforce federal immigration law.

Stranger still is the contrast between protesters who seem to be mostly affluent, suburban white women. The latter, for some reason, seem to be free between 9 and 5 on workdays, to spit on, scream at, and obstruct ICE officers—whose ranks are working-class and 45 percent non-white.

All this is called progressivism: impeding the deportation of violent criminals who prey on poor neighborhoods, lacking the security that the protesters take for granted in their own protected enclaves.

The Biden puppeteers enriched and empowered theocratic Iran by lifting sanctions. They did little to nothing when Iranian proxies in Syria, Iraq, and Yemen serially attacked US installations and ships.

The Biden years saw near-record gas prices, 9 percent hyperinflation, all-time high crime spikes, and a president who even Democrats now admit was non compos mentis. He was toppled as a candidate for reelection by a coup of Democrat backroom politicos, but only after a disastrous debate. In his place, they and donors appointed a mostly inert Kamala Harris as nominee, who, as a 2020 presidential candidate, had failed to win a single delegate.

Iran Fantasies

The Left has created another fantasy world out of the current six-week Iran war.

When Trump warned on a Monday that the Iranian regime might face terrible punishment for its continued drone and missile attacks, he was libeled as a modern Nazi exterminator, hellbent on mass death. When on Tuesday Iran relented and asked for negotiations, Trump suddenly became smeared as a TACO naif, apparently too eager for peace. Each day, the Left tries to think up a new argument for American defeat, even as Iran suffers more one-sided damage. Their idea is to embolden Iran to hold out, in hopes that Trump—under constant left-wing assault, international pressure to lower gas prices, and his own restive Congressional allies—will fold and then be trashed by the Left as a TACO again.

More preposterously, the Left has peddled the fantasy that Trump’s demands for Iran to surrender its nuclear material (mostly hyper-enriched during the Biden administration) copied the Obama Joint Comprehensive Plan of Action, the so-called Iran deal.

But who could deny that, under Obama, the deal empowered Iran to rearm even more rapidly with lifted sanctions, nocturnal cash transfers, and the unfreezing of its assets?

The frenzied armament and empowerment of Iran either terrified or impressed the Obama administration enough to hatch the wacky idea of envisioning a Shiite crescent of Tehran, Damascus, Beirut, and Gaza. Such terrorist regimes would “balance” the moderate Arab states and democratic Israel in “creative tension.”

And the message to Iran was not nuclear disarmament, but slow, graduated nuclear armament, albeit of the sort to be completed during an administration to come.

In contrast, Trump’s deal was with an obliterated, prostrate Iranian military. The US fleet was in charge of the Strait of Hormuz and the blockade of Iran. More than 300 US combat aircraft could render Iran a medieval mess with impunity, should it persist in its terrorist agendas.

Begging a fully armed and defiant Iran merely to postpone its acquisition of a bomb is not the equivalent of dictating to a flattened Iran a series of demands that, if unmet, will lead to its veritable destruction—after it had already suffered the loss of a half-century investment in a half-trillion-dollar arsenal and military infrastructure.

In the surreal left-wing narrative, the more Iran lost its air force, navy, most of its missiles and drones, its command and control, its subterranean arsenals, its nuclear production facilities, and its factories that turn out weapons of war, the more the Democrat-media nexus declared the war lost and the Americans—after six weeks and 13 lost lives—to be trapped in a quagmire analogous to the war in Vietnam (eight years of war with 58,000 dead, 150,000 wounded).

Impeaching Pete Hegseth?

Examine another fantasy: the charade of a Democrat effort to impeach Secretary of War Pete Hegseth on silly charges of supposedly aiding an unauthorized war against Iran, war crimes, reckless handling of classified information, obstruction of Congressional oversight, abuse of power, politicization of the military, and conduct bringing disrepute to the US and its armed forces.

Each of these writs is either false or more aptly applies to the Biden and prior Democrat administrations.

Note that Hegseth, in a single year, fixed the years-long crisis of falling enlistment that he inherited. He has now even exceeded recruitment targets by emphasizing that soldiers should concentrate on combat effectiveness and not fixate on race, sex, or sexual orientation.

His Pentagon oversaw the summer 2025 destruction of Iranian nuclear facilities (with no fatalities), the military extradition of Nicolás Maduro and the recalibration of a once-rogue Venezuela (with no casualties), and the current six-week war that had destroyed the military capability of a once-feared, 93 million-person theocratic Iran (with 13 fatalities so far).

Hegseth has rebooted procurement with emphasis on far more excellent weapons rather than too few superb ones. Compare that to the prior secretary, Lloyd Austin, who went medically AWOL without informing the White House that he was incapacitated for 3–4 days in the ICU. He oversaw the Pentagon’s historic misadventure in Afghanistan and the constant attacks on US soldiers in the Middle East that went unanswered and emboldened Iran’s terrorist proxies. No Republican called for his impeachment.

The war in Iran is not “unauthorized”; it has not exceeded the 90-day limit under the War Powers Act. However, Barack Obama’s seven-month unauthorized bombing of Libya, under the Democrats’ current logic, really was a “war crime,” as was his “unauthorized,” months-long predator assassination campaign on the Afghan border that killed 500, including four US citizens.

The Congress that wants to impeach Hegseth should extend its gaze to Joe Biden’s 30-year unlawful possession of unsecured and classified documents and his use of them with an unauthorized ghostwriter who subsequently destroyed subpoenaed tapes with impunity.

The military has been depoliticized. That is, it no longer serves as a fast-track laboratory for the Left to try out its radical theories—transgenderism, racial tribalism, and unconstitutional racial prejudiced preferences.

Resuscitating Lawfare?

Finally, for over a decade, the Left has waged a coordinated, often extralegal effort to destroy the campaigns and presidency of Donald Trump. What lawfare did the Left not sanction?

The first impeachment hinging on the hearsay evidence on an unnamed pseudo-whistleblower who connived with the prevaricator Adam Schiff—with the acquiescence of a partisan inspector general?

The Russian collusion hoax orchestrated by the past and present Obama FBI and CIA?

The laptop disinformation campaign, to use the government to censor the news and promulgate the lie of a Russian-concocted Hunter Biden laptop on the eve of an election?

The unconstitutional effort to de-ballot Trump in 25 blue states?

The SWAT-like, staged raid on the then-ex-president’s home at Mar-a-Lago to find some 100 classified documents from more than 11,000 confiscated?

The pervasion of the legal system to wage four years of lawfare in five civil and criminal courtrooms?

Despite all that, we are now warned by Democrats like Susan Rice that when the Left regains power, they are going to restart their vendettas to punish their enemies.

An unbalanced politico, James Carville, advises the Democrats to keep quiet about their real plans upon returning to power: to pack the court to destroy the 157-year, nine-justice Supreme Court; to end the 66-year, 50-state Union with two new blue “states,” Puerto Rico and Washington, DC—all to obtain in an instant four new left-wing senators; and to kill off the 220-year-old Senate filibuster.

Carville is upset that the decade-long lawfare against Trump failed. So now he advocates expanding the warping of the justice system to charge Trump’s family and friends.

What is the one constant theme in this alternate left-wing universe?

No Democrat outlines an immigration agenda, a way to round up Biden’s criminal illegal alien entrants, an energy plan, a way to balance the budget, an anti-corruption agenda to stop the multibillion-dollar looting of the federal and state welfare systems, or a new strategic plan abroad. Instead, the party creates alternate realities that demand changing the system itself rather than working within it to appeal to the American voter.

Living with daily delusions and shrieking at Trump demons raging in their collective heads is no way to run a country.

Authored by Matthew Piepenburg via VonGreyerz.gold,

Below, we look soberly at the historical case of gold in the backdrop of current headlines and a global financial system nearing an eruption moment. 

Although the catalysts of oil, war, bond dysfunction, and bloated stocks may seem modern and unique, the current case for gold is as timeless and constant as nature itself.

Volcanic Parallels…

In May of 1980, David Alexander Johnston, a volcanologist for the United States Geological Survey, was manning an observation post 10 kilometers from the percolating volcano of Mount St. Helens in the state of Washington. 

On May 18th, he would be the first to report the volcano’s sudden eruption. 

Within in minutes, however, Johnston would be killed by the volcano’s “lateral blasts.” his body was never recovered, and 56 others would also perish—along with 7,000 big game animals, 12 million fish, 200 homes, 300 kilometers of highway and 15 kilometers of railway.

Although monitoring volcanos may seem entirely removed from monitoring economic shocks, there are volcanic rumblings beneath our global oil, credit, equity and currency markets which are about to erupt. 

Like Johnston, few realize just how quickly observation can suddenly turn to extreme danger.

In fact, the current “calm before the financial eruption” feels almost surreal when one compares the hard facts of the global oil, bond and Main Street indicators against a topping stock market and a completely indecipherable “conflict narrative” coming out of DC.

To make this “eruption announcement” economically clear and soberly real as opposed to just sensational, all we need is a moment of silence to consider simple math, the rhyming cadence of history and a modicum of realism (and common sense).

Let’s start with oil.

Oil’s Warning Meters

History reminds us that the last great “oil shocks” of 1973 and 1990 had massive ripple effects on U.S. markets and Main Street economies.

What is coming, however, will be far worse.

During the oil embargo period of 1973, for example, the world experienced a 7% deficit of oil supply. This resulted in a 300% oil price surge, a 52% fall in U.S. stocks (over 2 years) and a peak inflation level of over 12%.

Seventeen years later, during the Gulf War, the world saw a similar global oil deficit (7%), a 75% spike in oil prices and a 21% fall in U.S. stocks.

Fast forward to today, however, and we see an almost surreal moment of total disregard for such warnings as well as blindness to the financial volcano growling on the horizon.

Since the last oil tanker squeezed past the Strait of Hormuz in late February, global oil usage of 100 million barrels per day has fallen by 13%, as 13 million barrels per day have been delayed by the fog of war.

This marks a global oil deficit in 2026 of nearly twice the levels seen in 1973 and 1990, yet the U.S. stock market (always the last to get the memo) is trading at nearly all-time highs as of this writing.

This Is Crazy…

Globally, oil reserves are running out, including within the U.S., whose Strategic Petroleum Reserves are at half their 400M barrel level. 

The situation is far worse in Asia, India and Africa, whose last oil deliveries from the Hormuz Strait ended days ago. 

This explains why hotels are closed in Mumbai, and fishing trawlers are out of gas off the coast of Thailand.

As for Australia, the EU and the UK, their last deliveries out of Hormuz came on April 10th. 

Now their leaders are nervously trying to limit demand while hoping for a true and lasting cease-fire for an Iranian conflict driven by a Truth-Social account rather than professional diplomacy or even a rudimentary understanding of global finance.

Even if this conflict ended right now, the delayed economic effects from these record-breaking energy deficits are and will be extraordinary. 

This is not a fable but a fact.

Oil, which fuels the world, also transports the goods which feed and move the world. 

When oil prices rise, the cost of everything rises, including the food transported on ships running on oil, and which food is grown from fertilizers made from oil. 

Within the next few weeks, we could be looking at a humanitarian food crisis in the developing economies.

Meanwhile, in the U.S., the University of Michigan’s Consumer Confidence Index is near the bottom as the S&P nears its peak—marking a total (and tragi-comical) disconnect from Main Street indicators and Wall Street mania, the likes of which we’ve never seen before.

Also never seen before in history is the surreal disconnect between the paper (Brent futures) price for oil and the actual sales (“dated Brent”) price for the commodity in real time – a gap of over $35 dollars.

This delta between real oil pricing and paper oil pricing represents a pathetic attempt by policy makers to psychologically suppress panic via the help of well – pure dishonesty.

But then again, dishonesty as a matter of policy is nothing new to broken financial regimes, a fact proven by inflation misreporting, recession denial or the latest frauds legalized on the COMEX.

(By the way, those governmental proxies front-running the fake futures oil price gambit are looking down the barrel of one heck of a short-squeeze unless this war – and spiking oil price – is not immediately resolved…)

In sum, what we are experiencing as of now is the worst oil supply deficit in history, about to humiliate a U.S. stock bubble at all-time highs, which is totally disconnected from Main Street at the same time a fertilizer/food crisis is about to erupt in the world’s most vulnerable economies.

And Then There’s the Bond Market…

But even such appalling conditions pale in comparison to what our global bond markets are telling us.

As I’ve repeated for years: “The bond market is the thing.” 

Boring? Perhaps. But bonds are absolutely critical. As sovereign bond demand tanks and hence bond yields rise, the cost of debt/borrowing rises. 

This is fatal to economies that now operate almost entirely on debt.

And there is no better measure of debt costs than the yield on 10-Year sovereign bonds, almost all of which are rising like shark fins around drowning (and debt-soaked) nations like the UK, Germany, the U.S. and Japan.

But what is even more remarkable in the global bond market is what we are seeing out of China, whose yields are falling, not rising. 

This means Chinese bonds have more demand than U.S. Treasuries, British Gilts, Japanese JGB’s and German Bunds, which also means the days of Western bond hegemony in general, and U.S. Treasury hegemony in particular, are witnessing an historical turning point, one which we have been forewarning for years. 

In the case of the U.S., the yield on the U.S. 10Y is creeping dangerously close toward its “Uh-Oh” recession-inducing red line of 4.6% to 4.8%.

At $40T in U.S. public debt, Uncle Sam simply cannot survive such rising yields. 

Regardless of who sits at the Federal Reserve Bank (which is neither “federal,” nor a “reserve” nor even a “bank”), trillions will need to be printed to buy America’s otherwise unloved, unwanted and weaponized IOUs.

Bessent may try a “soft default” of UST’s by illegally (yet in the name of “national security”) fixing yields lower and extending bond durations further out. 

But even such desperate measures will not stop the inevitable “mouse-clicking” of trillions in M0 Fed Balance Sheet dollars and M2 money supply expansion to save our bond markets at the expense of our currency.

In short, Uncle Sam will have no choice but to create bad money out of thin air to pay his own criminally negligent bar tab.

Even if peace were somehow declared today in the Middle East, the debt and currency damage was already fatally ill long before the conflict in Iran acted to accelerate the dying process.

Which brings us, of course, to real money vs. fake money…

All Roads Lead to Gold

The now undeniable destruction of the dollar’s absolute purchasing power and the desperate yet failed measures to somehow reclaim dollar hegemony are beyond debate. 

The USA and its dollar will not end, but their hegemony is already (and will continue) declining. Regardless of whatever happens next in Iran or elsewhere, the die for U.S. debt, and hence the USD, was cast long ago.

Yes, there is so much change everywhere and every day, especially now. We all see this. 

But such blunt-speak is not anti-American. It is financial realism and simple pattern recognition, for despite all speculations, squawking pundits, changing headlines, tweets, and armchair military guessing, nothing has really changed at all…

History reminds us again and again that broken nations over their skis in failed and extended wars, extreme deficit spending and political mismanagement have always debased their currencies to temporarily save their political optics and near-term legacies.

This has always meant “temporary prosperity followed by permanent ruin” created by a handful of “political and economic opportunists,” who, as Hemingway warned, take their nations toward currency destruction and war – the very scenario in which we now openly find ourselves.

As the world reserve currency slowly loses its trust, faith, credibility and purchasing power in such a classic yet historically familiar backdrop, gold, as it has done for thousands of years, will continue to honestly rise in a setting of now almost comical dishonesty.

Like David Johnston, many of us have been watching the financial debt volcano rumble in the distance. 

As of 2026, that volcano is now erupting. It is now up to each of us to avoid being swept away by its “lateral blasts” of paper currency destruction.

In other words, it’s up to each of us to own honest and real money to protect ourselves from the financial lava flowing our way.

The first-order effect of the U.S.-Iran conflict and the resulting shutdown of the Hormuz chokepoint was the disruption of global energy flows, from LNG to crude to refined products. The second-order effect was a spike in petrochemical prices and a widening shortage of key industrial inputs. Now the third-order effects are beginning to hit everyday goods, with Malaysia-based Karex, the world’s largest condom maker, warning that prices are about to explode.

Karex CEO Goh Miah Kiat spoke with Reuters in an exclusive interview about his plan to hike condom prices by 20% to 30%, and possibly more, as the war in Iran continues to disrupt supply chains and drive up critical input and shipping costs.

“The situation is definitely very fragile, prices are expensive… We have no choice but to transfer the costs right now to the customers,” Goh said.

He said costs have increased for everything from synthetic rubber and nitrile used in manufacturing condoms to packaging materials and lubricants such as aluminum foil and silicone oil.

Earlier this month, Goldman analyst Georgina Fraser warned clients about petrochemical shock worsening across Asia, with textile and packaging plants emerging as the first major downstream casualties. 

“The supply shock is transmitting faster and at a greater magnitude than we had anticipated,” Fraser warned in the note. 

Reuters noted, “The condom maker joins a growing list of companies, including medical glove makers, bracing for supply chain bottlenecks as the Iran war strains energy ​and petrochemical flows from the Middle East, disrupting procurement of raw materials.” 

At the same time, Kiat said condom demand has surged 30% so far this year, with shipping disruptions further exacerbating shortages. He noted that shipping times to the U.S. and Europe are now two months, up from one month previously.

“We’re seeing a lot more condoms actually sitting on vessels that have not arrived at their destination but are highly required,” Goh added. He noted that many developing countries do not have large condom supplies.