Middle East Peace Sends Stocks Soaring; Dow Hits Record; Gold, Silver Recover from Recent Lows, Oil Down, Gas Prices to Follow

Editor's Note: Running very late this morning, making this a drive-by posting.

Obvious to everybody except maybe the more ardent Zionists and neocons, people like peace, and that's what sent stocks over the moon Monday, with the Dow Industrials closing at a record high with the S&P and NASDAQ almost sure to follow in coming sessions.

The MOU between the U.S. and Iran, set to be signed Friday, has already delivered results on Wall Street with the promise of a re-opening of the Strait of Hormuz and end to the U.S. blockade and peace in the Middle East. The question remains, "how long will it last?" A ceasefire has been in place for two months, though all sides have violated it at various junctures, Israel being the most provocative.

President Netanyahu of the occupier country insists that he will not halt aggressions against Lebanon and Hezbollah, even after U.S. President Trump put him in his place after Israel threatened the entire peace process by bombin Beirut Sunday.

It's apparent that the losers in this war were the U.S. and Israel. Trump is taking a lot of heat from congressional members tied to the Zionist lobby, AIPAC, and from media jack-asses like Mark Levin. Trump's divorce from Israel is a bold move that needs to be taken. The U.S. cannot continue to support a country that engages in genocide openly and continuously. The "nation" of Israel has become a stain upon humanity and a pariah in the civilized world. Iran put them in their place militarily. Now, the U.S. is attempting to end the long and painful experience with their Zionist partners.

Those with hope, faith, and prayer will endure.

In markets, Elon Musk's SpaceX IPO hit the second stage Monday, rocketing 30 points higher (nearly 20%) on rumors that SpaceX (SPCX) would acquire Anysphere, the company behind the AI coding tool Cursor, for $60 billion, which was confirmed on Tuesday.

Futures are flying. July WTI crude oil futures are down to the lowest level in four months, $76.71. Gas prices at the pump should continue to fall below $4.00 a gallon in the U.S. Gold and silver continue to recover off recent lows.

Peace, yeah, what is it good for? The answer is plain to see.

At the Close, Monday, June 15, 2026:
Dow: 51,671.03, +468.77 (+0.92%)
NASDAQ: 26,683.94, +795.10 (+3.07%)
S&P 500: 7,554.29, +122.83 (+1.65%)
NYSE Composite: 23,673.66, +77.87 (+0.33%)