Truth is Becoming Less Identifiable and Discernible as U.S. Narrative Focuses on Peace Negotiations with Iran; Stocks, Gold, Silver Rally; Oil Drops

Just a day after announcing "Project Freedom", President Trump announced that the operation designed to escort commercial ships safely through the Strait of Hormuz was abruptly ended.

The consensus opinion of military experts outside the Beltway Bullhorn media complex contends that the two ships that actually did transit the Strait successfully were aligned with the U.S. military, part of a program that allowed for military assets to be shipped on commercial ships. The revealing information was quickly scrubbed from most outlets reporting the operation.

CENTCOM issued no official confirmation, only a briefly worded statement.

According to CBS News:

The USS Truxtun and USS Mason, supported by Apache helicopters and other aircraft, faced a series of coordinated threats during the passage, the defense officials said. Iran launched small boats, missiles and drones against them in what officials described as a sustained barrage.

Despite the intensity of the attacks, neither U.S. vessel was struck.

Whether or not the events reported actually happened remains a matter of some speculation.

In any case, the story being told by the White House and military officials, similar to the "rescue" operation in Iran a few weeks ago, is what matters to the ongoing struggle in the Middle East, and to Wall Street and its headline-gorging algorithms.

Wednesday morning, stocks are being lifted by accounts that the U.S. and Iran are close to a deal, though Iranian sources have denied any such condition, saying, in part, "The negotiations are still facing the intransigent American approach and excessive demands."

Another Wednesday morning truth by President Trump offered this:

Assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption, the already legendary Epic Fury will be at an end, and the highly effective Blockade will allow the Hormuz Strait to be OPEN TO ALL, including Iran. If they don’t agree, the bombing starts, and it will be, sadly, at a much higher level and intensity than it was before. Thank you for your attention to this matter! President DONALD J. TRUMP

With an assortment of diverse opinions coming from the likes of Secretary of State Marco Rubio and War Secretary Pete Hegseth, the truth may be just a little harder to discern than taking media reports (without video) at face value.

All this uncertainty leads to the ultimate goal, as Morpheus explains the matrix to Neo:

Stocks, in response to government propaganda, are set to soar Wednesday. The price of WTI crude oil on the COMEX has fallen below $100/barrel, down to a low of $88.66 earlier this morning. Gold ($4,684) and silver ($76.70) are also rallying sharply. Stock futures ar substantially higher.

At the Close, Tuesday, May 5, 2025:
Dow: 49,298.25, +356.35 (+0.73%)
NASDAQ: 25,326.13, +258.32 (+1.03%)
S&P 500: 7,259.22, +58.47 (+0.81%)
NYSE Composite: 23,008.67, +115.21 (+0.50%)