Trump Selects Tulsi Gabbard to Serve as Director of National Intelligence

President-elect Donald Trump announced Wednesday he has selected former Rep. Tulsi Gabbard (R-HI) to serve as his Director of National Intelligence (DNI).

In a press release from the Trump-Vance Transition team, Trump praised Gabbard as having “fought” for the United States and for the “freedoms of all Americans.”

“I am pleased to announce that former Congresswoman, Lieutenant Colonel Tulsi Gabbard, will serve as the Director of National Intelligence (DNI). For over two decades, Tulsi has fought for our Country and the Freedoms of all Americans,” Trump said in his statement. “As a former Candidate for the Democrat Presidential Nomination, she has broad support in both Parties – She is now a proud Republican!”

Trump added that Gabbard would “bring the fearless spirit that has defined her illustrious career” to the intelligence community and would champion the American people’s constitutional rights.

“Tulsi will make us all proud!” Trump added.

The press release from the Trump-Vance Transition team went on to highlight Gabbard’s time serving in the National Guard, including several deployments to the Middle East.

Gabbard previously ran as a Democratic candidate for president in the 2020 presidential election. During a Democratic primary debate, Gabbard criticized Vice President Kamala Harris, who had been serving as a California senator at the time, over her record as the attorney general of the state and for having jailed thousands of people over marijuana.

The former Democratic Congresswoman, who has been critical of the Democratic Party, announced in August that she was endorsing Trump for president. In her endorsement of Trump, Gabbard highlighted how Trump “didn’t start any new years,” and had taken “action to de-escalate and prevent wars” during his first term as president.

After announcing in 2022 that she was leaving the Democratic Party, Gabbard announced in October 2024, that she was joining the Republican Party, which she described as being the “party of the people.”

Originally Posted At www.breitbart.com

What is the Gold-to-Oil Ratio?

The gold-to-oil ratio expresses the price relationship between gold and West Texas Intermediate (WTI) crude oil. WTI is a grade of crude oil and one of the three primary benchmarks for oil pricing, along with Brent and Dubai Crude.

A high ratio indicates that gold is relatively expensive compared to WTI crude oil, and vice versa. This can indicate periods of outsized demand for energy in the form of crude oil, or periods of monetary uncertainty when there is higher demand for gold.

Below is the gold-to-oil ratio every decade between 1946 and 2024.

During the 1950s and 1960s, fixed gold prices and stable oil prices kept the ratio between 11 and 13 for 20 years.

Since the 1980s, the ratio has typically traded within the range of 6 to 40 with a notable exception: in 2020 when the ratio reached a high of 91.1. The peak in 2020 was driven by COVID-19, which boosted gold prices as a safe haven while oil demand and prices plummeted due to global lockdowns.

In contrast, between 2000 and 2008, oil prices were relatively high compared to gold. During this period, the ratio dropped to nearly 6 but never rose above 16.

When comparing the two commodities, it’s worth remembering that the crude oil market is around 10 times larger than that of gold, making it the largest commodity market in the world.

If you enjoyed this graphic, make sure to check out this graphic that shows the top countries by natural resource value.